Job Highlights
AI-extracted key information
The Supplier Deal Manager at Stripe is responsible for managing supplier agreements and ensuring an efficient contracting process. This role involves engaging with internal stakeholders, conducting reviews of contractual terms, and supporting the end-to-end contract lifecycle management.
Experience Level
Senior Level
Supplier Deal Manager
Posted 2 weeks ago
Full-Time
Employment Type
Remote
Work Location
About This Role
Who we are
About Stripe
Stripe is a financial infrastructure platform for businesses. Millions of companies - from the world’s largest enterprises to the most ambitious startups - use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.
About The Team
The Procurement team provides services to the businesses that are the backbone for Stripe. Stripe’s newly revamped broader Procurement organization consists of Third Party Risk, Strategic Sourcing, Supplier Deal Management, Procurement Enablement, A/P & T&E.
Supplier Deal Management is an instrumental function within the procurement organization at Stripe that builds an efficient supplier contracting process, reduces friction for business leaders, works in partnership with TPRM & Legal to minimize risk, and increases the velocity at which Stripe can engage key suppliers.
SDM Mission: Drive agreements efficiently via appropriate channels, bringing structure to the overall contracting process in partnership with stakeholders while providing a customized and guided user experience and effectively managing value and risk for Stripe.
What you’ll do
Responsibilities
Reporting to the Head of SDM but working very closely with SDM Leads, the Supplier Deal Manager will:
(i) Answer initial questions and educate DRIs on the overall risk assessment and supplier contracting process
(ii) Conduct initial review of the DRI provided use case and appropriate contractual terms (or assemble appropriate Stripe templates) and prepare agreements for legal review according to defined guidelines when necessary
(iii) Review and negotiate commercials in supplier agreements when needed
(iv) Keep a close eye on productivity and communication with DRIs using our zip procurement tool
Engage internal stakeholders (ie: Legal, Sourcing, Third Party Risk, and Stripe Buyers) to understand their needs and translate them into a risk-balanced approach to prepare contracts using training & existing frameworks
Manage engagements within our Procurement System (Zip) & Contract Lifecycle Management system (Agiloft)
Support end-to-end contract lifecycle management
Partner with respective internal teams to resolve business inquiries and troubleshoot issues related to contracting
Who You Are
We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.
Minimum requirements
8 years of professional experience in contracting - (within a procurement, legal operations or other commercial deal negotiation capacity)
Demonstrated ability to understand commercial and legal language commonly used within commercial contracts, ease in reviewing and drafting contractual language
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, deliver value for a critical & fast-paced function involving multiple stakeholders, and stand behind opinions with sound reasoning
Flexibility and comfort with changing requirements in a high volume environment
Meticulous attention to detail and a rigorous decision making process
Strong verbal and written communication skills, and the ability to represent Stripe effectively when interfacing with stakeholders
Specific contracting experience with tech transactions
Preferred Qualifications
Broad contracting experience across a range of common categories (Ex: tech, marketing, workplace, services, etc.)
Experience Designing And Managing A Contract Lifecycle Management System
Understanding of or experience with e-procurement tools and systems (ie: Zip, Agiloft, etc.)
Familiarity with the fintech industry and its supply chain and procurement challenges
A builder's mindset and a willingness to question assumptions and conventional wisdom
Ready to Apply?
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