Financial Services, Hedge Fund, Asset Management, FinTech

Procurement Specialist

New York, NYOnsiteFull Time$120,000–$200,000 /yrPosted 2 months agoVisa sponsorship available

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Required skills

SaaS
enterprise software
enterprise license agreements
professional services
contract negotiation
contract review
redlining
automatic renewals
price escalators
data portability

Nice to have

procurement certifications
investment management
regulated environment

Role summary

Point72's Finance team is seeking a Procurement Specialist to manage end-to-end technology procurement, focusing on high-value agreements for software, SaaS, and professional services. The role involves leading negotiations, contract review, and redlining key terms. Responsibilities include benchmarking pricing, building TCO analyses, managing the contract lifecycle, and monitoring spend to identify savings and optimization opportunities. This role requires close collaboration with Legal, Technology, and Finance stakeholders to ensure alignment with governance, regulatory requirements, and commercial risk management. The position offers a dynamic and collaborative environment with opportunities for career advancement within the firm.

A Career with Point72’s Finance Team

The Finance team provides a broad range of timely, accurate, relevant, and objective financial information, advice, and services to its business partners, with commitment to the highest professional and ethical standards. Our team offers a dynamic and collaborative environment where our colleagues can learn at a fast pace and are rewarded with advanced opportunities both within Finance and across the firm.

What you’ll do

Own end-to-end technology procurement for Point72, shaping high-value agreements that support the firm’s technology strategy

Lead negotiations for SaaS agreements, enterprise software subscriptions, enterprise license agreements, and professional services contracts with major technology vendors

Identify and redline key contract terms covering automatic renewals, price escalators, data portability, audit rights, service-level agreements, and service commitments

Benchmark pricing and commercial structures to strengthen negotiation strategies, support vendor decisions, and identify cost optimization opportunities

Build total cost of ownership analyses and business cases that help stakeholders evaluate trade-offs, risks, and long-term value

Structure technology deals that align commitments with forecasted usage, business priorities, risk considerations, and future operating needs

Manage the technology contract lifecycle, including execution, repository accuracy, renewal planning, amendments, and statement of work oversight

Monitor technology spend, supplier performance, market conditions, and renewal timelines to identify savings, cost avoidance, and vendor optimization opportunities

Partner with Legal, Technology, Finance, and other stakeholders to align procurement decisions with governance, regulatory requirements, and commercial risk management

What’s required

5+ years of procurement or strategic sourcing experience, with the majority focused on software, SaaS, or technology categories

Bachelor's degree in business, finance, economics, law, supply chain management, or a related analytical discipline

Experience in financial services, investment management, or another regulated environment, procurement certifications, or procurement platform experience

Proven experience independently negotiating SaaS and software agreements, including enterprise license agreements, subscription contracts, and professional services statements of work

Strong contract review skills, including redlining commercial and legal provisions covering automatic renewals, price escalators, intellectual property, data-use rights, and audit clauses

Experience leading full competitive sourcing processes, including scoping, supplier engagement, evaluation, selection, and award

Deep understanding of SaaS commercial models, including per-seat, concurrent-user, consumption-based, outcome-based, and enterprise license structures

Solid grounding in procurement principles, including category management, total cost of ownership analysis, benchmarking, cost modeling, and supplier performance management

Strong analytical skills, including experience working with spend data, building Excel-based cost models, and presenting commercial analysis to senior stakeholders

We take care of our people

We invest in our people, their careers, their health, and their well-being. When you work here, we provide:

Fully-paid health care benefits

Generous parental and family leave policies

Mental and physical wellness programs

Volunteer opportunities

Non-profit matching gift program

Support for employee-led affinity groups representing women, minorities and the LGBT+ community

Tuition assistance

A 401(k) savings program with an employer match and more

About Point72

Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry's brightest talent by cultivating an investor-led culture and committing to our people's long-term growth. For more information, visit https://point72.com/.

The annual base salary range for this role is $120,000-$200,000 (USD), which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.

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