Full-Time

Lead Strategic Sourcing Manager

Confirmed live in the last 24 hours

Credit Karma

Credit Karma

1,001-5,000 employees

Provides free credit scores and financial tools

Fintech
Cybersecurity
Financial Services

Expert

Charlotte, NC, USA

Category
Human Resources
People & HR
Required Skills
Microsoft Azure
AWS
Risk Management
Google Cloud Platform
Requirements
  • Must have 10+ years of experience specifically in Technology Sourcing and Procurement or Technical Vendor Management
  • Must have strong technical aptitude inclusive of emerging trends in AI
  • Must have experience with cloud providers such as GCP, AWS and Azure
  • Must have management experience and been a people manager
  • Must be comfortable reading and interpreting financial statements
  • Must have the ability to identify contract risks and successfully negotiate mitigating terms and conditions
Responsibilities
  • Manage the entire procurement lifecycle from sourcing to onboarding and execution, through offboarding
  • Collaborate with internal stakeholders to understand the specific technological needs of the organization
  • Conduct thorough research to identify potential vendors who can meet these requirements
  • Evaluate vendors based on their technology stack, innovation, and scalability
  • Ensure that vendors adhere to industry regulations (e.g., GDPR, PCI-DSS, CPRA) and have robust security measures in place
  • Assess vendor reputation through references, case studies, and performance history
  • Coordinate financial review of vendor to ensure solvency and financial health and stability
  • Establish transparent communication channels with vendors to foster collaboration and trust
  • Schedule periodic reviews to discuss performance, address concerns, and explore opportunities for improvement
  • Maintain regular contact with critical vendors regarding their product roadmaps to confirm alignment with CKs strategic direction
  • Work with vendors on joint innovation projects that can lead to new product offerings or enhancements
  • Develop key performance indicators (KPIs) to measure vendor performance against agreed-upon standards
  • Implement feedback mechanisms to gather insights from internal teams about vendor performance and areas for enhancement
  • Conduct regular assessments to identify potential risks associated with vendor relationships, including financial stability, security and compliance risks
  • Develop contingency plans to mitigate risks, ensuring business continuity in the event of vendor-related issues
  • Ensure that all vendors comply with relevant regulations and industry standards
  • Implement regular audits of vendor practices to ensure ongoing compliance and risk management
  • Use feedback from internal stakeholders to drive improvements in vendor services
  • Encourage vendors to invest in training their staff on our systems and processes for better integration
  • Stay informed about emerging technologies and trends to identify opportunities for collaboration with vendors
Desired Qualifications
  • Strong Communication Skills
  • Ability to analyze information and draw logical conclusions
  • Able to inspire trust, manage teams, and set deadlines
  • Naturally solves problems creatively and analytically
  • Efficiently and effectively organizes time and work
  • Work well autonomously and with others
  • Finds a way through challenges, even when things get difficult

Credit Karma provides financial tools and resources to help individuals improve their financial health. The platform offers free access to credit scores, credit monitoring, and personalized recommendations for credit cards and loans, including options for cars, homes, and personal needs. Users can track their credit status and receive alerts about changes, which helps them make informed financial decisions. Unlike many competitors, Credit Karma operates on a freemium model, allowing users to access essential services at no cost while earning revenue through partnerships with financial institutions. The company's goal is to empower its members to achieve their financial goals by providing valuable insights and support.

Company Stage

Acquired

Total Funding

$358M

Headquarters

Oakland, California

Founded

2007

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Credit Karma's acquisition of Zendrive enhances its mobility risk intelligence offerings.
  • AI-driven financial assistants could inspire Credit Karma to develop personalized financial tools.
  • Growing digital solutions adoption by SMBs presents expansion opportunities for Credit Karma.

What critics are saying

  • Increased competition from Walmart-backed FinTech One could challenge Credit Karma's market share.
  • Integration challenges from Zendrive acquisition may distract from Credit Karma's core objectives.
  • Intuit's AI advancements could overshadow Credit Karma's financial tools and services.

What makes Credit Karma unique

  • Credit Karma pioneered free credit scores, setting it apart in personal finance.
  • The company offers a comprehensive suite of free financial tools and recommendations.
  • Credit Karma's freemium model generates revenue through partnerships with financial institutions.

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Benefits

Health Insurance

Dental Insurance

401(k) Retirement Plan

Commuter Benefits

Wellness Program

Paid Vacation

Paid Sick Leave

Education Perks