Supplier Deal Manager
WFA Digital Insight
As the demand for skilled procurement professionals continues to rise, Stripe is seeking an experienced Supplier Deal Manager to streamline their contracting process. With the global procurement market projected to grow by 10% annually, professionals with expertise in digital skills and remote work are in high demand. Stripe's commitment to innovation and customer satisfaction sets them apart, and candidates should be prepared to demonstrate their ability to drive agreements efficiently and effectively manage value and risk. Before applying, candidates should understand the importance of contract lifecycle management and the role it plays in minimizing risk and maximizing business opportunities.
Job Description
About the Role
The Supplier Deal Manager is a critical component of Stripe's Procurement organization, responsible for building an efficient supplier contracting process and reducing friction for business leaders. Reporting to the Head of Supplier Deal Management, this role will work closely with internal stakeholders to understand their needs and translate them into a risk-balanced approach to prepare contracts. As a key member of the Procurement team, the Supplier Deal Manager will partner with Legal, Sourcing, and Third Party Risk teams to minimize risk and increase the velocity at which Stripe can engage key suppliers.The successful candidate will have a deep understanding of commercial and legal language commonly used within commercial contracts and will be able to review and draft contractual language with ease. They will also have experience with contract negotiations and be an effective partner to legal teams. A solution-oriented mindset and enthusiasm for establishing contracting best practices are essential for this role.
Stripe's Procurement organization is committed to providing services to the businesses that are the backbone of the company. The team consists of Third Party Risk, Strategic Sourcing, Supplier Deal Management, Procurement Enablement, A/P & T&E, and is responsible for driving agreements efficiently and minimizing risk.
What You Will Do
- Answer initial questions and educate business leaders on the overall risk assessment and supplier contracting process
- Conduct initial review of use cases and prepare agreements for legal review according to defined guidelines
- Review and negotiate commercials in supplier agreements when necessary
- Keep a close eye on productivity and communication with stakeholders using our procurement tool
- Engage internal stakeholders to understand their needs and translate them into a risk-balanced approach to prepare contracts
- Manage engagements within our Procurement System and Contract Lifecycle Management system
- Support end-to-end contract lifecycle management
- Partner with internal teams to resolve business inquiries and troubleshoot issues related to contracting
- Collaborate with the Legal team to ensure contracts are compliant with company policies and regulations
- Develop and maintain a thorough understanding of Stripe's contracting process and procedures
What We Are Looking For
- 8 years of professional experience in contracting or a related field
- Demonstrated ability to understand commercial and legal language commonly used within commercial contracts
- Experience with contract negotiations and being an effective partner to legal teams
- Solution-oriented mindset with enthusiasm for establishing contracting best practices
- Ability to earn trust quickly and deliver value for a critical and fast-paced function
- Flexibility and comfort with changing requirements in a high-volume environment
- Meticulous attention to detail and a rigorous decision-making process
- Strong communication and interpersonal skills
- Ability to work in a remote environment and collaborate with global teams
Nice to Have
- Experience with procurement systems and contract lifecycle management tools
- Knowledge of Stripe's products and services
- Certification in contract management or a related field
- Experience working in a high-growth company or startup environment
Benefits and Perks
- Competitive salary and equity package
- Comprehensive health insurance and benefits
- Flexible working hours and remote work options
- Opportunities for professional growth and development
- Access to cutting-edge technology and tools
- Collaborative and dynamic work environment
- Generous parental leave and family benefits
- Employee resource groups and diversity initiatives
How to Stand Out
- Develop a strong understanding of commercial and legal language to effectively review and draft contractual language
- Highlight your experience with contract negotiations and your ability to partner with legal teams
- Showcase your solution-oriented mindset and enthusiasm for establishing contracting best practices
- Be prepared to discuss your ability to work in a fast-paced environment and manage multiple stakeholders
- Ensure your resume and cover letter are tailored to the specific requirements of the role
- Research Stripe's products and services to demonstrate your knowledge and interest in the company
- Prepare examples of your experience with procurement systems and contract lifecycle management tools
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