VP-Finance Technology and Procurement

Northwestern MutualMilwaukee, WI
$160,000 - $240,000

About The Position

The Vice President of Technology Procurement leads enterprise-wide sourcing, vendor strategy, and commercial negotiations across technology domains, with a strong emphasis on building and sustaining strategic relationships with CIO/CDO and senior technology leaders. This role acts as a trusted partner to IT leadership, aligning procurement strategy with technology roadmaps, innovation goals, and business outcomes.

Requirements

  • 15+ years of experience in technology procurement, sourcing, or vendor management.
  • Proven experience partnering with CIOs/CDOs and senior IT leaders at an enterprise level.
  • Deep understanding of modern technology ecosystems, cloud platforms, AI, and digital transformation.
  • Strong executive presence with exceptional negotiation and relationship-management skills.
  • Experience operating in complex and matrixed organizations.

Nice To Haves

  • Experience in insurance, financial services, banking, and/or investment firms preferred.

Responsibilities

  • Serve as the primary procurement strategic partner and day-to-day relationship leader for the CIO, CDO, and senior technology executives.
  • Partner with IT leaders to translate technology strategy and roadmaps into multi-year category strategies, sourcing plans, and vendor ecosystem decisions.
  • Build and sustain executive-level trust through proactive engagement, transparent governance, and clear articulation of value, risk, and tradeoffs.
  • Shape technology demand and investment decisions by leading early engagement and intake with IT teams—clarifying business outcomes, requirements, timelines, and budget assumptions before sourcing begins.
  • Establish and run joint operating rhythms with CIO/CDO organizations (quarterly business reviews, pipeline reviews, and steering committees) to drive decisions, remove blockers, and maintain alignment.
  • Define shared success metrics with IT (cost, time-to-contract, risk posture, service performance, innovation outcomes) and provide executive-ready reporting on progress and realized value.
  • Broker alignment across IT, Finance, Legal, Risk, Privacy, and Information Security to ensure deals are executable and balanced across value, compliance, and operational constraints.
  • Own executive escalation paths and conflict resolution for sourcing decisions, supplier performance issues, and commercial disputes—ensuring fast, well-governed outcomes.
  • Bring external market intelligence to CIO/CDO leaders (pricing benchmarks, contract terms, emerging vendors, platform shifts) and curate executive-level vendor engagement to accelerate innovation and modernization.
  • Lead change management for new procurement operating models, standards, and policies within technology teams through stakeholder communications, training, and adoption measurement.
  • Establish and manage business facing service level agreements, OKRs, and KPIs that drive success for EE&T.
  • Set the enterprise technology procurement vision and multi-year strategy across software, cloud, infrastructure, SaaS, data, cybersecurity, and emerging technologies—aligned to CIO/CDO priorities and business outcomes.
  • Own technology commercial governance and portfolio outcomes, including executive prioritization, financial stewardship (budget impact, TCO), and risk posture across major programs and strategic suppliers.
  • Lead (and when appropriate, personally conduct) the most complex, high-value negotiations and approvals—setting deal strategy, ensuring contract structures and commercial models (subscription, consumption-based, enterprise agreements) protect the enterprise and enable speed, innovation, and scalability.
  • Define and lead the enterprise technology supplier lifecycle strategy including segmentation, preferred partner models, and build/buy/partner recommendations.
  • Establish executive governance with strategic suppliers through joint business planning and QBRs—driving roadmap alignment, performance commitments, innovation agendas, and supplier issue resolution.
  • Optimize enterprise value while managing concentration, operational, and third-party risk—ensuring resilience, contractual protections, and exit/transition readiness across critical vendors.
  • Architect a healthy vendor ecosystem by maintaining competitive tension, commercial optionality, and a clear rationalization roadmap (standardization, consolidation, and strategic diversification where needed).
  • Establish procurement governance aligned with EE&T operating models and agile delivery.
  • Track and communicate total value delivered (cost savings, risk reduction, innovation enablement).
  • Ensure compliance with legal, security, and regulatory requirements.
  • Lead and develop a high-performing technology procurement team.
  • Influence senior stakeholders across IT, finance, legal, and business units.
  • Act as a change leader modernizing procurement practices and operating models.

Benefits

  • additional short-term and long-term incentive compensation
  • geographic specific pay structures, compensation and benefits could be applicable
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