Senior Manager, Strategic Sourcing

Senior Manager, Strategic Sourcing

College Board - Finance 

Location: This is a remote role. Candidates who live near CB offices have the option of being fully remote or hybrid (Tuesday and Wednesday in office). All CB employees are required to occasionally travel to meet in person for business purposes. 

Role Type: This is a full-time position 

About the Team  

The Strategic Sourcing team is a dynamic, collaborative group that partners with leaders across the organization to drive decisions that maximize value and impact. We combine market insight, strong supplier relationships, and strategic sourcing practices to ensure every dollar we spend advances the College Board’s mission. Our work strengthens operations, promotes sustainability, and ensures that the organization’s resources are used thoughtfully and effectively in service of students everywhere.  

 The Strategic Sourcing team at College Board is embarking on an exciting transformation, shifting from transactional procurement to a model centered on strategic engagement. This role will join a team of sourcing leaders dedicated to delivering meaningful, measurable value to the organization, directly supporting our mission and the students we serve.  

About the Opportunity   

The Senior Manager, Strategic Sourcing will lead enterprise-wide procurement initiatives, supplier relationship management, and contract management activities across multiple categories of spend. In this role, you will develop and implement sourcing strategies, conduct market and supplier research, manage RFI/RFP/RFQ processes, oversee supplier evaluation and selection, and drive contract negotiations.  

You will work within the Strategic Sourcing team and will be responsible for developing and executing sourcing strategies for Marketing and Professional Services related products and services (e.g. Advertising & Media Buying, Creative & Content Services, Print & Production Services, Consulting Services, Legal & Advisory Services). This role also supports enterprise-wide AI Technology initiatives and ensures that the College Board obtains the best value while mitigating risk and maintaining compliance with security standards.  

You will also partner closely with cross-functional stakeholders including Engagement and Reach and Global Policy and External Relations, as well as partners in Governance Risk and Compliance, Legal, Finance, and suppliers to align sourcing strategies with organizational goals, mitigate risk, manage supplier relationships and ensure compliance with policies and regulations. This role requires strong leadership, strategic thinking, and the ability to foster supplier and stakeholder partnerships that drive measurable value to College Board.  

In this role, you will:  

Strategic Sourcing & Category Management (70%)  

• Lead the development and execution of sourcing strategies to optimize spend, reduce risk, and enhance value in alignment with organizational objectives.  
• Identify, evaluate, and make recommendations on selection of suppliers and Marketing & Professional Services related products and services.  
• Understand the current supplier landscape and identify opportunities to consolidate demand and drive cost savings while maintaining service quality.  
• Proactively update sourcing strategies based on market analysis and risk assessment, aligning with organizational goals and industry trends   

Supplier & Contract Management (15%)  

• Lead supplier selection, performance management, and relationship development in partnership with internal stakeholders.  
• Lead negotiations of commercial terms, service-level agreements (SLAs), and licensing models to achieve favorable cost, risk, and performance outcomes.  
• Partner with Legal, GRC and Information Security teams to ensure all security and business term requirements are included in contracts.  
• Manage ongoing supplier relationships, performance reviews, and escalation processes.  

Data & Process Excellence (10%)  

• Gather and analyze spend data to benchmark and identify opportunities for savings and efficiency.  
•  Create category specific cost models, including TCO analyses, to support data driven sourcing recommendations and track impact against organizational goals and metrics.
•  Adopt and leverage existing Procurement tools and platforms, as well as enterprise AI tools, to deliver value driven insights and recommendations  

Cross-Functional Leadership & Collaboration (5%)  

• Proactively engage with stakeholders to understand their goals and planned initiatives, translating insights into category sourcing strategies that anticipate needs, align with enterprise objectives, and deliver strategic value.  
• Serve as a trusted advisor to business units on category related procurement and sourcing matters, delivering market insights, improving supplier performance, and ensuring contract and policy compliance.  

About You  

To qualify for this role, you must have:

• Bachelor’s degree required
• 7+ years of experience in strategic sourcing, procurement, or supplier management, with at least 4 years focused on Marketing & Professional Services  category (e.g. Advertising & Media Buying, Creative & Content Services, Print & Production Services, Consulting Services, Legal & Advisory Services sourcing
• Demonstrated experience negotiating high-value, complex technology contracts
• Familiarity with ERP systems, supplier management systems, and contract lifecycle management tools
• CPSM, PMP, Lean/Six Sigma, or ISM certification preferred  
• Strong knowledge of Marketing & Professional Services sourcing categories (e.g. Advertising & Media Buying, Creative & Content Services, Print & Production Services, Consulting Services, Legal & Advisory Services) including suppliers, market trends, and regulatory landscape
• Strong analytical, financial, and strategic problem-solving skills, including ability to deliver data-based insights to support strategic recommendations  
• Excellent communication and presentation abilities, with experience influencing senior stakeholders
• Demonstrated ability to build and maintain collaborative relationships across diverse teams
• High level of integrity, initiative, curiosity, and organization
• Comfort with fast-paced, cross-functional mission-driven environments

All roles at College Board require:  

• A passion for expanding educational and career opportunities and mission-driven work 
• Authorization to work in the United States for any employer 
• Curiosity and enthusiasm for emerging technologies, with a willingness to experiment with and adopt new AI-driven solutions and a comfort learning and applying new digital tools independently and proactively
• Clear and concise communication skills, written and verbal 
• A learner's mindset and a commitment to growth: welcoming diverse perspectives, giving and receiving timely, respectful feedback, and continuously improving through iterative learning and user input
• A drive for impact and excellence: solving complex problems, making data-informed decisions, prioritizing what matters most, and continuously improving through learning, user input, and external benchmarking
• A collaborative and empathetic approach: working across differences, fostering trust, and contributing to a culture of shared success

About Our Process   

• Application review will begin immediately and will continue until the position is filled. This role is expected to accept applications for a minimum of 5 business days
• While the hiring process may vary, it generally includes: resume and application submission, recruiter phone/video screen, hiring manager interview, performance exercise such as live coding, a panel interview, a conversation with leadership and reference checks.    

What We Offer 

At College Board, we offer more than just a paycheck—we provide a meaningful career, a supportive team, and a comprehensive package designed to help you thrive. We’re a self-sustaining nonprofit that believes in fair and competitive compensation, grounded in your qualifications, experience, impact, and the market. 

A Thoughtful Approach to Compensation 

The hiring range for this role is $85,000–$125,000/year.  We adjust salaries by location to ensure fairness, no matter where you live.  Below, we’ve offered an estimated range for a variety of metro areas throughout the United States:  

• New York City, San Francisco, Seattle, Washington DC and Los Angeles:  $100,000 - $125,000
• Austin, Boston, Chicago, Philadelphia and Denver:  $90,000-$110,000 
• Atlanta, Miami, Iowa City and most other locations throughout the Southeast and Midwest:  $85,000-$105,000  

You’ll have open, transparent conversations about compensation, benefits, and what it’s like to work at College Board throughout your hiring process. Check out our careers page for more.