Sr. Manager, Procurement

Company Overview

ID.me is a high-growth enterprise software company that simplifies how people prove and share their identity online.  The company empowers people to control their data through a portable and trusted login, which means they don’t need to create a new password when visiting sites that have the ID.me button.  ID.me’s digital identity network has over 117 million registered members, and is used by fourteen federal agencies, agencies in 30 states and over 600 corporations for secure identity proofing and verification.

ID.me’s technology meets the federal standards for consumer authentication set by the Commerce Department and is approved as a NIST 800-63-3 IAL2 / AAL2 credential service provider by the Kantara Initiative. In addition to helping people control their credentials and data, the company’s “No Identity Left Behind” initiative strives to expand digital access and inclusion for all people. The company offers multiple pathways to identity verification – online self-serve, live video chat agents, and in person.  ID.me is passionate about building a robust identity network that does not compromise access for traditionally underserved groups.

ID.me has received numerous awards including Deloitte’s 2023 Technology Fast 500, Washington Business Journal’s Fastest Growing Companies, Entrepreneur Magazine’s 100 Brilliant Companies and Wall Street Journal’s Startup of the Year finalist.  In recent quarters, ID.me announced it raised $132 million in Series D funding, led by Viking Global Investors with participation from CapitalG, Morgan Stanley Counterpoint, FTV Capital, PSP Growth, Auctus Investment Group, Moonshots Capital, and Scout Ventures. ID.me’s most recent round brings the total investment in ID.me to over $275 million since its founding in 2010.

Role Overview:

We are seeking an experienced Senior Manager of Procurement to join our dynamic team. The ideal candidate will possess a strong background in procurement, with background in and professional knowledge of security, data privacy, risk management, and compliance, particularly in the context of SaaS businesses.  They will be responsible for managing and developing procurement strategies, procedures, and workflows to optimize the end-to-end procure-to-pay process.  Further, they will play a key role in supplier selection, contract negotiation, and driving value for the company while ensuring compliance and process rigor.

Key Responsibilities:

• Develop and implement procurement strategies, policies, and procedures aligned with company goals and industry best practices.
• Oversee the procurement process from supplier selection to contract negotiation and finalization, ensuring compliance with security, privacy, and risk management requirements.
• Lead the evaluation, selection, and implementation of new procurement tools to streamline processes and improve efficiency.
• Collaborate with business units to understand their procurement needs and develop customized strategies to meet their requirements.
• Create, manage, and lead the Request for Proposals (RFPs) and other procurement documents, guiding business units in selecting the best approach and terms for their purchases.
• Negotiate contracts with suppliers to secure the best value for the company while maintaining flexibility for future renewals.
• Represent stakeholders in the review of commercial terms in vendor contracts.
• Develop and maintain a robust renewal follow-up process to minimize unnecessary renewals and ensure timely contract termination when necessary.
• Work closely with the finance team to manage procurement budgets effectively and design metrics to measure savings and efficiency gains.
• Stay informed about industry trends, regulations, and best practices related to procurement, security, and compliance, and incorporate them into procurement strategies and processes.

Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, or related field; MBA or relevant advanced degree preferred.
• 8+ years of experience in procurement, with a strong background in SaaS and technology procurement.
• Strong understanding of security, privacy, risk management, and compliance requirements, particularly FedRAMP and other relevant standards.
• Proven track record of developing and implementing procurement strategies and procedures that drive efficiency and cost savings.
• Experience in selecting and implementing procurement tools and systems, with a focus on end-to-end procure-to-pay workflows.
• Excellent negotiation skills and the ability to build strong relationships with suppliers and internal stakeholders.
• Strong analytical and problem-solving skills, with the