For nearly 40 years, Mercer Advisors has worked with families to help them amplify and simplify their financial lives. How? By integrating financial planning, investment management, tax, estate, insurance, and more, all managed by a single team. Today we proudly serve over 31,300 families in more than 90 cities across the U.S. Ranked the #1 RIA Firm in the nation by Barron’s, we are an independent, national fiduciary legally obligated to always act in the best interest of our clients.*

Mercer Advisors offers a distinct work environment that stands out in the financial industry. Our overall employee base and client-facing team are composed of 50% women, reflecting our commitment to diversity. We attract top talent from across the country, with no formal headquarters and flexible working arrangements, allowing us to assemble the best team possible.

Join us and be a part of a team dedicated to making a meaningful impact on the financial lives of families across the country.

* Mercer Advisors was ranked #1 for RIA firms with up to $70 billion in assets. The Barron’s top RIA ranking is based on a combination of metrics – including size, growth, service quality, technology, succession planning and others. No fee was paid for participation in the ranking, however, Mercer Advisors has paid a fee to Barron’s to use the ranking in marketing. Please see important information about the ranking criteria methodology here.

Job Summary:

The Procurement Director is responsible for overseeing the firm-wide procurement process, negotiating contracts, and generating cost savings. This role involves developing and implementing procurement strategies, curating contracts, managing supplier relationships, and ensuring the efficient and cost-effective acquisition of goods and services. The Procurement Director will work closely with the Vice President, FP&A and a wide variety of business leaders across tech, legal, and finance to align procurement activities with the company's financial goals.

Essential Job Functions for this role include:

Developing Effective Processes and Procedures

Develop procurement processes to support an aggressively growing business.
Implement procurement strategies to achieve cost savings and improve efficiency.
Negotiate contracts with suppliers to secure favorable terms and conditions.
Analyze market trends and conduct cost-benefit analyses to identify opportunities for savings.
Manage supplier relationships and performance to ensure quality and reliability.
Support budgeting process and align procurement practices to budget expectations and long-range plans.
Report detailed activities and savings to senior leaders

Contract Management

Work with the business and tech leaders to help translate functional requests and system specifications into contract language.
Incorporate established system SLAs into contracts.
Manage the contract renewal process and Facilitate contract reviews with all stakeholders ensuring contracts contain terms and conditions favorable to the company.
Collaborate with the third-party risk committee to ensure risks are mitigated with contract language if needed.

Business Leader Collaboration

Collaborate with internal stakeholders to understand their procurement needs and ensure alignment with organizational goals.
Coach business partners on effective procurement practices.
Work with business leaders to help translate functional requirements into demo scorecards and RFP requirements
Understand business needs and monitor industry landscape for potential 3rd party solutions to address.
Write RFPs that encompass business requirements and technical specifications and coordinate a review of the RFP with the business and technology stakeholders.
Facilitate product demonstrations to ensure the value of the third-party’s offerings are clearly understood and facilitate review the demonstration scorecards with the business.
Coordinate with IT resellers to acquire competitively priced technology.

Knowledge, Skills, and Abilities:

Required Knowledge, Skills and Abilities

Bachelor’s degree in a relevant field is required.
7+ years’ experience in Procurement, Vendor Management, Security, and Financial Services Industry
Vendor negotiations (Enterprise SaaS, Software, Hardware)
Partnership management (Travel, Rewards, Logistics)
RFP creation, Contract Management, and DEMO facilitation
Ability to lead and procurement as function owner.
Strong business and financial acumen.
Strong communication and interpersonal skills, with the ability to influence and collaborate with cross-functional teams and senior leaders.

Preferred Qualifications:

Ability to influence.
Wealth Management, Finance, or FinTech industry experience.
Experience with and understanding of information security regulations and organizational policies.
Exposure to data processing, hardware platforms, enterprise software applications, facilities management, and outsourced systems.

Work Schedule:

This professional role requires availability during standard business hours of Monday through Friday from 8AM to 5PM. At times, the role may have early or late hours to meet business tasks and deadlines for external and internal client needs.

Working Conditions:

This position may be in a professional office environment or a dedicated home office workspace which is free of interruptions. Whether position is in a dedicated office space or home office workspace, basic technology needs will be provided to satisfy position requirements. Routinely sitting and standing for periods of time. No heavy lifting over 10 lbs. Travel assumed up to 10% of the time.

Location: This position can be fully remote, but have preference for the Boston area.

Benefits:

Mercer Advisors offers a competitive and robust benefit package to our employees. Our benefit programs are focused on meeting all of our employees and their eligible dependents health and welfare needs. We offer the following:

Company Paid Basic Life & AD&D Insurance
Company Paid Short-Term and Long-Term Disability Insurance
Supplemental Life & AD&D; Short-Term Disability; Accident; Critical Illness; and Hospital Indemnity Insurance
Three medical plans offerings including two High Deductible Health Plans and a Traditional Co-Pay medical plan.
Health Savings Account (HSA) with company contributions on a per pay period basis if enrolled in either HDHP medical plan.
Two comprehensive Dental Plans
Vision Insurance Plan
Dependent Care Savings Account for child and dependent care.
14 Company Paid Holidays with a full week off at Thanksgiving.
Generous paid time off program for vacation and sick days
Employee Assistance Plan
Family Medical Leave
Paid Parental Leave (6 weeks)
Maternity benefits utilizing company paid STD, any supplemental STD, plus Parental Leave (6 weeks) to provide time for recovery, baby bonding, and enjoying your family time.
Adoption Assistance Reimbursement Program
Company Paid Concierge Services for you and your loved ones for the spectrum of caring needs for your aging parents, young children, life’s challenges and more.
401(k) Retirement Plan with both Traditional and Roth plans with per pay period match
Pet Insurance

We are not accepting unsolicited resumes from agencies and/or search firms for this job posting.

Mercer Advisors provides equal employment opportunity to all applicants and employees without regard to age, color, disability, gender, marital status, national origin, race, religion, sexual orientation, gender identity and expression, physical or mental disability, genetic predisposition or carrier status, or any other characteristic protected by law in accordance with all applicable federal, state, and local laws. Mercer Advisors provides equal employment opportunity in all aspects of employment and employee relations, including recruitment, hiring, training and development, promotion, transfer, demotion, termination, layoff, compensation, benefits, and all other terms, conditions, and privileges of employment in accordance with applicable federal, state, and local laws.

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