Director of IT Procurement - Chicago

Chicago Permanent USD150,000 - USD175,000
  • $500m IT procurement spend with 6 direct reports (team size of 8)
  • Largest spend category at Director level- work with CTO as chief stakeholder

About Our Client

Our client is $6Bn financial services company in downtown Chicago with over 100 years of business and a strong Chicago legacy. They offer solid benefits including a pension plan on top of normal yearly bonuses based off of company and individual performance.

Job Description

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.


The Director of IT Procurement will be responsible for:

  • Development and execution of strategies through the strategic sourcing process
  • Lead, develop, and manage a team of six direct reports (Manager-level individual contributors)
  • Serve as an expert in the strategic sourcing process across IT categories, including strategy execution, contract negotiations and TCO reductions
  • Develop and execute the process to select and manage suppliers
  • Lead supplier selection and negotiation process for key sourcing projects
  • Establish and maintain contractual and business relationships with the senior management of key suppliers
  • Track forecasted vs. actual savings for sourced categories and responsible for communicating performance against these measures and their potential budgetary impact
  • Work with stakeholders in business units to ensure savings are built into budgets and annual operating plan

The Successful Applicant

The successful Director of IT Procurement will have:

  • 8+ years of category management/strategic sourcing experience within primarily IT
  • 5+ years of leadership experience in a developed procurement organization
  • Aptitude for change management, such as a background in private equity, mergers and acquisitions, or other dynamic type of organization
  • Bachelor's degree in applicable field
  • Exemplary negotiation skills in a robust and global corporate procurement environment
  • Demonstrated ability to influence internal customers and earn "buy in" from tough stakeholders

What's on Offer

The target compensation for the Director of IT Procurement is $150,000 - $175,000 base salary + bonus + pension

Clayton Hamilton
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Job summary

Procurement & Supply Chain
Sub Sector
Indirect Procurement
Financial Services
Contract Type
Consultant name
Clayton Hamilton
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