Senior Procurement Specialist (d/f/m)
Solaris is a tech company with a full German banking license. Our Banking-as-a-Service platform enables businesses to offer their own financial products. With our straightforward APIs, our partners can access and integrate a wide range of solutions such as digital banking, payments, cards, identification and lending services. As a market leader we are driven by bringing transformational change to the financial services industry.
We love what we do and we love our team. We are 500+ people from over 70 nationalities - a unique blend of techies, fintech enthusiasts, bankers and entrepreneurs from various industries. Our routines are built around genuinely valuing and exchanging different perspectives as well as actively sharing knowledge as we drive our business as a team. We believe and invest in personal growth.
Your Role
- Support the end-to-end RFP processes: define scope, prepare and issue RFPs/RFIs/RFQs, manage bidder communication, evaluate proposals, coordinate demos and scoring, and present recommendations to stakeholders.
- Execute sourcing strategies for fintech- and banking-related categories (SaaS platforms, payments processors, core banking systems, cloud infrastructure, cybersecurity, data analytics, KYC/AML vendors, consulting).
- Collaborate with product, engineering, security, legal, compliance, vendor management and finance teams to capture requirements, technical/ regulatory constraints, and vendor risk expectations.
- Conduct supplier due diligence, capability assessments, financial stability checks, and compliance reviews.
- Negotiate commercial terms, pricing models, SLAs, and contracting terms; escalate complex legal or risk items to Vendor management/compliance team as needed.
- Manage the full purchase-to-pay (P2P) cycle, ensuring all Purchase Order (PO) requests are compliant, accurately costed, approved in a timely manner, and reconciled against invoices.
- Manage the contract management process, including negotiation of terms, execution, and maintaining a systematic contract archiving repository (CLM) for all agreements, amendments, and key documents.
- Create clear evaluation criteria, scoring matrices, and comparative analyses to support selection decisions and executive approvals.
- Maintain and improve procurement templates (RFPs, SOWs, NDAs, pricing schedules) and standardize vendor onboarding processes.
- Track and report procurement KPIs: cost savings, cycle times, contract renewal timelines, supplier performance metrics.
- Support vendor relationship management and performance reviews; identify opportunities for consolidation, optimization, or innovation.
- Ensure procurement activities align with organizational policies, data protection, and regulatory requirements relevant to financial services.
We'd love to see
Depending on your level of experience, your responsibilities and scope of role will range. We don’t care much about fancy titles, but rather about real personal and professional development, as laid out in our learning framework. Let’s figure together out how you can contribute to our team.
- Educational degree in Business, Engineering, Supply Chain Management, or a related field is required indicating advanced knowledge and skills in procurement and supply chain management.
- 4+ years procurement or sourcing experience, preferably within fintech, banking, payments, or financial services.
- Experienced preparing cost comparisons, TCO models, and vendor scorecards.
- Experience producing RFP documents, executive summaries, and procurement reports.
- Experience leading complex RFPs for technology and service vendors.
- Strong negotiating skills and commercial acumen with experience structuring SaaS and services agreements.
- Fluent English proficiency is required to ensure effective communication in a global business environment. German language skills at a minimum of B2/C1 level are also required.
- Proactive and hands-on approach to addressing challenges and driving procurement initiatives.
- Strong negotiation skills, with the ability to secure favorable terms and build beneficial supplier relationships.
- Ability to understand and consider the perspectives of team members, suppliers, and internal stakeholders, fostering a positive working environment.
Benefits
- Home office budget.
- Learning & development budget of €1000 per year and a transparent growth framework to support your career goals.
- Competitive salary and a variable remuneration program.
- Monthly meal allowance.
- Deutschland ticket subsidy.
- 28 vacation days, increasing by 2 days after 2 years and 3 days after 3 years with Solaris.
- Opportunity to work abroad for up to 12 weeks per year.
While job ads usually paint an ideal picture of a candidate, studies show that most applicants meet an average of 60% of the criteria. Unfortunately, many promising candidates tend to apply only if they meet all the criteria. So if you think you have what it takes, but don't necessarily meet every single item in the job description, please contact us anyway. We'd love to talk with you and find out if you might be a good fit for us.
At Solaris, we are committed to nurturing an inclusive environment, where all Solarians feel valued, respected and supported. We are dedicated to building a diverse workforce that reflects the diversity of our communities. We are committed to equal employment opportunity regardless of color, ethnicity, religion, sex, origin, disability, marital status, citizenship, or gender identity. We are proud to be an equal opportunity workplace. If you have a disability or special need that requires accommodation, please let us know.
Information on data processing:
DE: https://www.solarisgroup.com/gdpr_notice_de
EN: https://www.solarisgroup.com/gdpr_notice_en
To all recruitment agencies: Solaris does not accept unsolicited agency resumes. Please do not forward resumes to our jobs alias, Solaris employees or any other venture in our ecosystem. Solaris is not responsible for any fees related to unsolicited resumes.
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