Senior Sourcing Lead - Global Storage & SaaS

IMC

Chicago, ILFull-time$140–180K/yrPosted 1mo agoStill listed today

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At a glance

Compensation
$140–180K/yr
Location
Chicago, IL
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

IMC is seeking a Senior Sourcing Lead to own global storage and SaaS categories within its Global Procurement team. The role governs a portfolio of SaaS vendors and storage infrastructure, leads high-value negotiations, and drives usage-based spend governance. It partners with engineering, information security, and finance on architecture, capacity, risk, and investment decisions, while coaching sourcing managers and advising business leadership.

Skills & qualifications

RequiredNice to have

Skills

Strategic SourcingVendor ManagementStorage ProcurementSaaS Portfolio ManagementLicense OptimizationVendor ConsolidationAI Software Commercial ModelsTechnical POC LeadershipVendor EvaluationAnalytical SkillsFinancial ModelingCost Framework Development

Qualifications

8+ Years Sourcing or Vendor Management

Benefits

Paid Time Off
Medical Insurance

Full job description

We are seeking a Senior Sourcing Lead – Storage & SaaS to join our Global Procurement team, reporting to the Global Strategic Sourcing Lead. This role will serve as the strategic owner of two global categories: storage infrastructure — spanning software-defined storage platforms and supporting large-scale research and trading data environments — and the global SaaS portfolio, including enterprise software, developer tooling, and a rapidly growing set of AI application vendors.

This role sits at the intersection of infrastructure economics and software commercial strategy. On the SaaS side, success means governing a global portfolio of 70+ vendors — renewals, consolidation, license optimization, and the fast-moving commercial models of AI-native software.

This role requires deep domain expertise across storage commercial models — software-defined storage licensing— and SaaS commercial models — subscription, seat-based, consumption-based, and token/usage-based licensing, enterprise renewals, and license optimization.

Your Core Responsibilities:

  • Own and execute the global storage category strategy: software-defined storage platforms, and associated support and services, across all storage tiers

  • Own and execute the global SaaS category strategy: manage the renewals pipeline, drive license and seat optimization, lead vendor consolidation and rationalization, and govern commercial terms across the software estate — including AI application and developer tooling vendors

  • Lead negotiations for high-value agreements: storage software rate cards and multi-year license structures, media and OEM supply agreements, and enterprise SaaS contracts and renewals, ensuring best-in-class commercial outcomes and risk mitigation

  • Drive FinOps-style governance across consumption- and usage-based software spend, ensuring commitments, discounts, and actual usage stay aligned and renewals are negotiated from a position of data

  • Build and strengthen key vendor relationships across storage software providers, drive and media manufacturers, storage OEMs, and strategic SaaS and AI software providers to maximize long-term value and innovation

  • Partner directly with storage engineering, infrastructure, information security, and finance teams on tiering architecture decisions, capacity planning, vendor risk, and investment business cases

  • Monitor market trends to proactively identify savings and risk

  • Provide coaching and guidance to sourcing managers and buyers on storage and SaaS category execution, embedding best practices across the global team

  • Represent Procurement as a trusted advisor to engineering and business leadership on all storage and software investment decisions

Your Skills & Experience:

  • 8+ years of strategic sourcing or vendor management experience spanning infrastructure (storage, data platforms) and enterprise software categories

  • Direct experience procuring storage at scale — software-defined storage platforms, enterprise or hyperscale storage hardware

  • Proven track record managing a large SaaS portfolio: complex renewals, multi-year enterprise agreements, license optimization, and vendor consolidation programs

  • Familiarity with modern AI software commercial models (token/usage-based pricing, committed spend structures, seat-plus-consumption hybrids) strongly preferred

  • Experience running or commercially leading technical POCs and structured vendor evaluations alongside engineering teams

  • Strong analytical and financial modeling skills; comfort building normalized cost frameworks and defending them to engineering and finance leadership

Please note that immigration sponsorship is not offered for this specific opening. The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Salary Range $140,000—$180,000 USD

About Us

IMC is a research-driven trading firm where quantitative modeling, machine learning, and engineering shape how modern markets are traded. A stabilizing force in markets since 1989, we provide liquidity across trading venues, delivering the best outcome in value and risk management to investors. Using our own technology and capital, we build proprietary systems and algorithms that operate across global markets. Our researchers, traders, and engineers work as a collective, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.

How this job compares

Set against the 1,131 open Strategic Sourcing jobs on Olive Jobs, counted November 4, 2026.

Pay
  • This posting$140–180K/yr
  • Illinois median$102–143K/yr32 salary ranges
  • US median$120–183K/yr805 salary ranges

This range's midpoint, $160K, is 28% above the Illinois median midpoint ($125K) — in the top quarter of Strategic Sourcing salary ranges in Illinois.

Openings
Olive Jobs lists 35 open Strategic Sourcing jobs in Illinois and 1,131 across the US. 5% of them nationwide are listed as remote or flexible.
Hiring the most in Illinois
Experience
This posting asks for at least 8 years of experience; Strategic Sourcing postings that state a minimum ask for 6 years at the median (949 postings).
Education
443 of the 1,131 open Strategic Sourcing jobs (39%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on November 4, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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