Manager, Strategic Sourcing (R13476)

ABOUT OPORTUN

Oportun (Nasdaq: OPRT) is a mission-driven fintech that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009.

WORKING AT OPORTUN

Working at Oportun means enjoying a differentiated experience of being part of a team that fosters a diverse, equitable and inclusive culture where we all feel a sense of belonging and are encouraged to share our perspectives. This inclusive culture is directly connected to our organization's performance and ability to fulfill our mission of delivering affordable credit to those left out of the financial mainstream. We celebrate and nurture our inclusive culture through our employee resource groups.

POSITION OVERVIEW
We are seeking a results-oriented and highly accountable Strategic Sourcing Professional to join our Sourcing organization. This role is critical in driving cost efficiency, operational excellence, and supplier performance through proactive contract lifecycle management, cross-functional collaboration, and robust negotiation strategies. The ideal candidate will possess strong business acumen, be a compelling communicator, and have the capacity to manage complex sourcing initiatives simultaneously across multiple categories.

 RESPONSIBILITIES

Contract Lifecycle and Compliance Management

- Monitor and proactively manage contract expiration timelines to ensure timely renewals, renegotiations, or transitions.
- Collaborate with legal, finance, compliance, and business stakeholders to ensure all sourcing activities are aligned with regulatory requirements and company policy.
- Maintain contract repositories and dashboards to ensure visibility and adherence to key milestones and deliverables.

Strategic Supplier Negotiation and Cost Optimization for all indirect spend categories

- Lead end-to-end sourcing initiatives, including RFx processes, supplier evaluation, bid analysis, and contract award recommendations.
- Negotiate contract terms and pricing with suppliers to optimize total cost of ownership (TCO), while balancing quality, risk, and service delivery.
- Implement supplier performance metrics and conduct periodic business reviews to drive continuous improvement and accountability.
- Have experience negotiating contracts in the areas of Marketing, Legal, PX, Finance, Operations and Risk

Stakeholder Engagement and Cross-Functional Partnership

- Partner with functional owners to translate business needs into sourcing strategies that support operational objectives.
- Serve as a trusted advisor to internal stakeholders by providing market intelligence, strategic insights, and risk mitigation guidance.
- Facilitate and assist in resolving payment and performance issues with suppliers in partnership with internal stakeholders.

Program Management and Execution Excellence

- Manage multiple concurrent negotiations and sourcing projects with minimal oversight, ensuring timely execution against business priorities.
- Maintain a high level of accountability to define cost savings targets and contribute to enterprise-wide sourcing goals.
- Apply project management disciplines to sourcing processes, driving efficiency, quality, and speed-to-value.

Qualifications:

- Bachelor’s degree in Supply Chain, Business Administration, Finance, or a related field; MBA or relevant certification (e.g., CPSM, CIPS) preferred.
- Minimum 5 years of progressive experience in strategic sourcing, category management, or procurement operations.
- Proven track record in negotiating large-scale contracts and delivering measurable cost savings.
- Exceptional interpersonal and communication skills, with the ability to influence and engage at all organizational levels.
- Strong analytical, organizational, and time management skills; ability to prioritize and pivot in a fast-paced, matrixed environment.
- Proficiency in sourcing tools, contract management systems, and Microsoft Office Suite; experience with Workday Strategic Sourcing, Coda and Slack is a plus.

CORE COMPETENCIES

Strategic Thinking: Ability to connect sourcing strategy to long-term business goals.
Execution Focus: Driven by results with high accountability for performance metrics.
Collaboration & Influence: Skilled in stakeholder engagement and cross-functional alignment.
Negotiation Excellence: Adept at managing multiple supplier relationships and extracting maximum value.
Operational Rigor: Committed to process discipline, documentation, and continuous improvement.

#LI-REMOTE

#LI-VR1

We are proud to be an Equal Opportunity Employer and consider all qualified applicants for employment opportunities without regard to race, age, color, religion, gender, national origin, disability, sexual orientation, veteran status or any other category protected by the laws or regulations in the locations where we operate.

California applicants can find a copy of Oportun's CCPA Notice here:  https://oportun.com/privacy/california-privacy-notice/.

We will never request personal identifiable information (bank, credit card, etc.) before you are hired. We do not charge you for pre-employment fees such as background checks, training, or equipment. If you think you have been a victim of fraud by someone posing as us, please report your experience to the FBI’s Internet Crime Complaint Center (IC3).