Strategic Sourcing and Procurement Manager

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Strategic Sourcing and Procurement Manager

Location:

Berwyn, PA, United States

Date Posted:
May 19, 2026

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Description

The application window will close June 30th, 2026

Job Location

The primary work location for this role is Berwyn, PA or Denver, CO with a hybrid and/or remote work model.

About Envestnet

Envestnet is an adaptive Wealth Tech company that is redefining the future of wealth management by helping advisors meet the moment with its comprehensive technology, actionable insights, and industry leading support. Backed by over 25 years of experience and approximately $7.0 trillion in platform assets, Envestnet is trusted by over one third of financial advisors across leading banks, wealth managers, brokerages, and RIAs.

For a deeper look at how Envestnet is shaping the future of financial advice, visit 

The Team You'll Join

ENV's Strategic Sourcing & Procurement team is a highly collaborative, enterprise-focused group that partners closely with executive leaders to help the company move faster, spend smarter, and manage third party risk effectively. Our goals are simple but meaningful: deliver measurable value, enable better business decisions, reduce risk, and help our internal partners work with great suppliers. We operate end to end, supporting everything from early-stage supplier strategy and complex negotiations to contracting, procure to pay, and ongoing supplier management.

Our impact is visible, trusted, and felt across the company.

We are curious, pragmatic, and laser-focused on serving our internal customers. Team members are empowered to lead, encouraged to think strategically, and supported as they grow their skills across sourcing, negotiation, risk management, and stakeholder influence. We value transparency, empathy, and mutual respect-and take pride in being the kind of team internal customers genuinely want to work with. If you enjoy meaningful work, smart colleagues, and the chance to shape how a company engages with its suppliers, you'll feel right at home here.

How You'll Contribute

The Strategic Sourcing and Procurement Manager is responsible for delivering category management, strategic sourcing, contract negotiations and supplier relationship management for IT and non-IT suppliers. Strong category-specific knowledge and experience is essential among IT categories such as cloud services, software including SaaS, third party data, infrastructure and architecture, and among non-IT categories such as facilities, human resources, marketing and professional services.

This is a highly cross-functional position, working with business owners, executives, financial teams and more, which requires excellent relationship development and communication skills. The ideal candidate is also an analytic and thorough individual who can identify and deliver savings opportunities through complex projects and negotiations.

* Serve as a spend category expert for IT-specific and non-IT spend categories. Maintain in depth knowledge of external trends, future developments, key suppliers, regulatory requirements and general market practices and costs in assigned categories through ongoing research and continuing professional education.

* For assigned categories, implement comprehensive short and long-term category plans that include supplier rationalization and consolidation strategies, demand management, supplier relationship management programs, and cost savings plans.

* Analyze spend within assigned categories and deliver a pipeline of strategic sourcing projects. Execute pipeline projects, deliver associated cost savings, and regularly update the pipeline in collaboration with internal business partners.

* Design and lead strategic sourcing initiatives (RFI / RFP, bids, auctions, etc.) in collaboration with internal business partners, including evaluation criteria, full cost analysis and robust decision making processes.

* Lead and complete complex negotiations with suppliers related to…