Sr. Procurement Specialist (Remote Opportunity)
Posted 2025-04-06About Wealth Enhancement
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 75,000 households from our over 100 offices - and growing - nationwide.
Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.
Due to growth, we are looking for a Sr. Procurement Specialist to execute category strategies throughout all phases of the vendor lifecycle in collaboration with leadership across the business. The scope of the role will focus primarily on Technology procurement categories, including (but not limited to): Software, Hardware, and Network Communications. This role is a remote opportunity.
In the spirit of pay transparency, we are excited to share the base salary range for this position is $130,000 - $150,000, exclusive of bonus and benefits. This role is also eligible for an annual corporate bonus plan. We encourage you to apply and provide us with your compensation expectations when you do. WeÂre big on open conversations, so, letÂs have one.
Primary Job Functions
Category Management
 Maintains in-depth understanding of categories they lead, including supplier portfolio, capabilities, risk profiles, market trends, and areas of opportunity
 Manages performance of suppliers within categories they lead, including supplier score carding and business reviews
 Applies critical thinking and a strategic mindset to identify category opportunities
Strategic Planning
 Meets routinely with business unit leadership to understand their strategic objectives and near/long term plans
 Collaborates with business units to incorporate procurement initiatives into forward-looking category roadmaps of existing contracts and planned projects
 Ensures ongoing review and optimization of category plan as a key enabler to WEGÂs business success
Leading Negotiations & Sourcing Events
 Spearheads vendor interactions on behalf of WEG, including direct negotiations, RFx, and supplier performance reviews
 Maintains internal alignment on initiative objectives, action items, and timeline
 Makes strategic recommendations on market opportunities, negotiation tactics, and points of leverage to deliver best results for WEG
 Executes tasks, creates deliverables, and applies administrative support to ensure initiatives are delivered timely, completely, and in alignment with WEGÂs evolving processes
Contract Review
 Reviews proposed terms and conditions pursuant to potential vendor engagements
 Utilizes subject matter expertise to recommend contract language improvements on both legal and business terms in alignment with desired positions and outcomes
 Develops contractual strategies that deliver business need with minimum risk
 Leverages contract management system for contract storage and research
Cross-Functional Collaboration
 Serves as primary owner of initiatives, driving project team activities through completion
 Single point of contact for business owner, facilitating interaction with other internal/external stakeholders to deliver desired business outcomes
 Extensive collaboration with Legal, IT Security, Finance, and other risk control groups to mitigate risk in vendor engagements
Education/Qualifications
 Bachelor's Degree in business or related field
 At least 5 years experience leading enterprise negotiations
 Experience leading negotiations in multiple indirect categories, including Technology, Facilities, Professional Services, Marketing, and Travel
 Confidently interfaces with senior leadership level counterparts, both internally and externally
 Superior verbal and written communication skills
 Advanced analytical skills
 Proficient with Microsoft Office Suite or related software
 Experience with contract lifecycle management, sourcing workflow, and procure to pay systems
WEG hires employees and makes decisions about their salary qualifications based on factors such as: the role to be performed; educational and professional experience, qualifications, skills and credentials; tenure, cost-of-living and demand for the role in the applicable market. Thus, the entire salary range for those who are classified as the individual contributor level is $97,500 to $156,000.
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Comprehensive Benefits Offerings
Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:
 Training and professional development
 Medical, dental and vision coverage (Available to employees and their families)
 Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
 Life and AD&D insurance  employer paid and voluntary options
 Short-term and long-term disability, workers compensation  employer paid
 401k with match and profit sharing
 Wellness programs and resources
 Voluntary benefits, including pet insurance
 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
 12 paid holidays each year (10 pre-determined and 2 floating days)
 Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
 Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)
Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700
Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.
Click the following link to view Federal and E-Verify posters: Link
OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.
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