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Head of Technology Procurement

Head of Technology Procurement

CompanyNorthern Trust
LocationTempe, AZ, USA, Chicago, IL, USA
Salary$137400 – $240400
TypeFull-Time
DegreesBachelor’s, Master’s
Experience LevelExpert or higher

Requirements

  • Bachelor’s or Master’s degree in Business, Supply Chain, Finance, IT, or a related field.
  • 10+ years of technology procurement, strategic sourcing, or vendor management experience in a global enterprise.
  • Deep knowledge of IT procurement, cloud economics, software licensing models, and outsourcing agreements.
  • Strong negotiation skills and experience managing multi-million-dollar contracts.
  • Ability to navigate complex stakeholder environments across IT, finance, legal, and executive leadership.
  • Expertise in procurement analytics, cost modeling, and financial planning for technology investments.

Responsibilities

  • Develop and implement a global technology procurement strategy, ensuring alignment with business and IT objectives.
  • Lead end-to-end strategic sourcing initiatives for software, cloud, hardware, telecom, and IT services.
  • Optimize supplier portfolios and negotiate high-value, complex contracts with key technology vendors (e.g., Microsoft, AWS, Oracle, SAP, IBM, Google Cloud).
  • Drive cost savings, risk mitigation, and value creation through effective contract structuring and supplier negotiations.
  • Collaborate with IT, finance, and legal teams to align sourcing strategies with technology roadmaps and compliance requirements.
  • Build and maintain strong executive relationships with strategic technology suppliers and internal stakeholders.
  • Assist in vendor performance reviews, ensuring SLAs, KPIs, and business outcomes are met.
  • Partner with CIO, CTO, and IT leaders to anticipate technology needs and drive innovation through supplier engagements.
  • Work with Third Party Risk Management to develop governance frameworks for technology third-party risk management, cybersecurity, and regulatory compliance.
  • Drive cost optimization initiatives across technology spend, leveraging TCO (Total Cost of Ownership) and ROI analysis.
  • Ensure contracts comply with regulatory, cybersecurity, and data privacy standards (e.g., GDPR, SOC 2, NIST, ISO 27001).
  • Establish and enforce policies for IT procurement governance, cost control, and risk mitigation.
  • Monitor market trends and supplier landscapes to identify cost-saving and innovation opportunities.
  • Implement procurement automation and digital tools (e.g., Coupa, ServiceNow) to streamline sourcing and vendor management.
  • Develop category management playbooks, standardizing best practices across global procurement category teams.
  • Lead a high-performing team of IT procurement professionals, fostering a culture of innovation and excellence.

Preferred Qualifications

    No preferred qualifications provided.