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Manager, Procurement



New York, NY, USA
Posted on Saturday, April 20, 2024

MoneyLion is a leader in financial technology powering the next generation of personalized products and content, with a top consumer finance super app, a premier embedded finance platform for enterprise businesses and a world-class media arm. MoneyLion’s mission is to give everyone the power to make their best financial decisions. We pride ourselves on serving the many, not the few; providing confidence through guidance, choice, and personalization; and shortening the distance to an informed action.

In our go-to money app for consumers, we deliver curated content on finance and related topics, through a tailored feed that engages people to learn and share. People take control of their finances with our innovative financial products and marketplace - including our full-fledged suite of features to save, borrow, spend, and invest - seamlessly bringing together the best offers and content from MoneyLion and our 1,100+ Enterprise Partner network, together in one experience. MoneyLion’s enterprise technology provides the definitive search engine and marketplace for financial products, enabling any company to add embedded finance to their business, with advanced AI-backed data and tools through our platform and API. Established in 2013, MoneyLion connects millions of people with the financial products and content they need, when and where they need it.

About the Role

The Manager, Procurement would be responsible for the implementation of policies and strategies to ensure the timely availability of purchased materials and/or services, consistent with quality, cost and value. The role would manage the timely execution of purchase requests via the Vendor/Contract Management workstream. In addition the Manager, Procurement would act as a steward of the organization as the forward-facing representative of Procurement to both internal business stakeholders as well vendors.

Key Responsibilities

  • Manages the Vendor Management workstream consisting of internal requests to onboard new vendors, submission of new agreement review requests, modified agreement requests and/or renewal requests.
  • Coordinates all approvals required by our internal controls, processes and policies.
  • Act as the forward-facing representative of the Vendor Management team liaising with both Internal Stakeholders and Vendors.
  • Receives requisitions and reviews for completeness and necessary information.
  • Perform data entry into an automated e-procurement system.
  • Monitor online catalogs for updates of product, price, content information and, contract renewals to ensure business owner’s visibility and renewal intentions.
  • Maintains key meta data in all systems supporting Procurement and Contract Management.
  • Drafts purchase orders and long-term agreements in a manner that ensures all requirements and special terms and conditions are met.
  • Thoroughly understands and follows all policies governing procurement in order to instruct Internal Stakeholders in their applications.

About You

  • Minimum of a Bachelor's degree or equivalent in a related field and 5+ years of experience
  • Outstanding interpersonal relationship building skills
  • Experience excelling in a team-oriented workplace
  • Mastery of the Microsoft Office Suite and experience with P2P system management
  • General knowledge of Procurement practices and negotiation tactics
  • Evidence of the ability to practice a high level of confidentiality
  • Excellent organizational management skills
  • Specialized training in Procurement/Contract Management, preferred

The annual base salary for the Manager, Procurement role is expected to be between $120,000 to $140,000. Base salary is one component of MoneyLion's total compensation package, which includes, 401(k) match, multiple health insurance options, disability coverage, life insurance, and unlimited paid time off for salaried positions. Actual salaries will vary based on a candidate’s qualifications, experience, skills, and competencies related to the role.

What We Value

We value growth-minded and collaborative people with high learning agility who embody our core values of teamwork, customer-first and innovation. Every member of the MoneyLion Pride is passionate about fintech and ready to give 100% in helping us achieve our mission.

Working At MoneyLion

At MoneyLion, we want you to be well and thrive. Our generous benefits package includes:

  • Competitive salary packages
  • Comprehensive medical, dental, vision and life insurance benefits
  • Wellness perks
  • Paid parental leave
  • Generous Paid Time Off
  • Learning and Development resources
  • Flexible working hours

MoneyLion is committed to equal employment opportunities for all employees. Inside our company, every decision we make regarding our employees is based on merit, competence, and performance, completely free of discrimination. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. Within that team, no one will feel more “other” than anyone else. We realize the full promise of diversity and want you to bring your whole self to work every single day.