RobinhoodRO

Sourcing Manager

Robinhood is democratizing finance for all. With customers at the heart of our decisions, Robinhood is lowering barriers, removing fees, and providing greater access to financial information.

Robinhood

Employee count: 1001-5000

Salary: 86k-130k USD

United States only

Join a leading fintech company that’s democratizing finance for all.

Robinhood Markets was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood and its subsidiaries and affiliates are lowering barriers and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.

With growth as the top priority...

The business is seeking curious, growth-minded thinkers to help shape our vision, structures and systems; playing a key-role as we launch into our ambitious future. If you’re invigorated by our mission, values, and drive to change the world — we’d love to have you apply.

About the team + role

We are looking for a dedicated and energetic sourcing and contracting manager to join our team. This role is primarily remote. This role will engage with several internal cross-functional groups, including: Vendor Management, Vendor Data, Accounting, Accounts Payable, Finance Strategy, Commercial Privacy Legal, Vendor Security, Privacy Engineering, Corporate Engineering, Marketing, etc.

It is preferred that this role is located in one of the office locations listed on this job description which will align with our in-office working environment. This position is only eligible for remote work in limited geographies within the US where we do not have physical office locations. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.

What you’ll do

  • Sourcing new vendors and managing current vendor contract renewals
  • Conducting RFx activities, driving benchmarking, RFQs, RFPs, TCO, vendor shortlisting and vendor selection.
  • Developing relationships with product and cost center owners across the business to influence category strategy, risk, spend and direction.
  • Negotiating and reviewing contracts (which could be Master Agreements, Statements of Work, Non-Disclosure Agreements, Data Privacy or Security Exhibits or other) in collaboration with Commercial Legal and Privacy Legal teams.
  • Developing long-term category strategies and plans with focus on software, professional and engineering services.
  • Supporting vendor security / privacy engineering / vendor onboarding reviews.
  • Participating in and supporting the vendor data and finance teams with spend analytics, budget management, and demand management.
  • Working with stakeholders and accounting teams for timely and accurate Purchase Order issuance, vendor payment and associated financial reconciliation and reporting activities.
  • Collaborating with other procurement members to improve overall workflow and drive efficiency.
  • Assisting in ad-hoc projects to improve processes and initiatives as needed.

What you bring

  • Bachelor’s Degree in Finance, Accounting, Supply Chain, Operations, or a related field.
  • 6+ years of procurement / supply-chain management experience at a fast-paced technology company or modern Financial Services company.
  • Extensive experience with technology procurement, including AI, cloud platforms (preferably AWS), and with VARs for hardware and software.
  • Strong understanding of various product features and functionalities in Robinhood’s app.
  • Ability to navigate through ambiguity and work independently in an environment that is constantly evolving.
  • A sense of drive and willingness to really commit.
  • Excellent organizational, planning, analytical, verbal and written communication skills.
  • A standout colleague with excellent interpersonal and customer service skills.

What we offer

  • Market competitive and pay equity-focused compensation structure
  • 100% paid health insurance for employees with 90% coverage for dependents
  • Annual lifestyle wallet for personal wellness, learning and development, and more!
  • Lifetime maximum benefit for family forming and fertility benefits
  • Dedicated mental health support for employees and eligible dependents
  • Generous time away including company holidays, paid time off, sick time, parental leave, and more!
  • Lively office environment with catered meals, fully stocked kitchens, and geo-specific commuter benefits

We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on September 19, 2024.

Please see the independent bias audit report covering our use of Covey here.

Base pay for the successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. This role is also eligible to participate in a Robinhood bonus plan and Robinhood’s equity plan. For other locations not listed, compensation can be discussed with your recruiter during the interview process.

Zone 1 (Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC)
$110,500$130,000 USD
Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)
$96,900$114,000 USD
Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL)
$85,850$101,000 USD

Click here to learn more about available Benefits, which vary by region and Robinhood entity.

We’re looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you’re ready to give 100% in helping us achieve our mission—we’d love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we're looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.

Robinhood embraces a diversity of backgrounds and experiences and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants' privacy rights. Please review the specific Robinhood Privacy Policy applicable to the country where you are applying.

About the job

Apply before

Posted on

Job type

Full Time

Experience level

Manager

Salary

Salary: 86k-130k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About Robinhood

Learn more about Robinhood and their company culture.

View company profile

Robinhood is democratizing finance for all. With customers at the heart of our decisions, Robinhood is lowering barriers, removing fees, and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.

Robinhood is a fast-growing company and was recognized as a CNBC Disruptor 50 and a LinkedIn Top Startup in 2019. We’re continuing to grow and are looking for incredible talent that can help us achieve our mission.

Employee benefits

Learn about the employee benefits and perks provided at Robinhood.

View benefits

Retirement benefits

401(k) participation with employer match.

Fertility benefits

We'll help pay for people seeking fertility treatment.

Company retreats

Quarterly team retreats so you can meet everyone in person.

Growth

Education and training, community events, career mentorships

View Robinhood's employee benefits
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Robinhood

Company size

1001-5000 employees

Founded in

2013

Chief executive officer

Vladimir Tenev

Employees live in

View company profile

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