Drivewealth

Vendor Management & Procurement Specialist

New York, New York, United States Full Time

About Us

DriveWealth is on a mission to make investing easier. We believe that everyone should have the ability to control their financial future, and that access to financial markets should not be limited by geography, wealth, or legacy systems. We are a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices. Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.

There’s never been a better time to build a category-defining business and there has rarely been a team better positioned for this opportunity. Our culture blends the pace and agility of a fintech start-up with the impact, stability, and discipline of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. Join us and help build the future of global investing!

About the Role

DriveWealth operates a technology-enabled broker-dealer platform powering global partners, embedded investing experiences, and cash management solutions. As the firm scales its infrastructure, regulatory footprint, and international partner network, strong third-party governance is critical.

The Vendor Management & Procurement Manager will design and operationalize a comprehensive third-party governance framework that supports DriveWealth’s clearing, custody, trading, cash management, data, and technology ecosystems. This role will ensure vendor oversight meets regulatory expectations while enabling speed, scalability, and innovation across the platform.

This individual will partner closely with Compliance, Legal, Risk, Finance, Product, and Engineering teams to implement workflow controls, mitigate third-party risk, enhance vendor performance transparency, and strengthen procurement discipline across the organization.

What You’ll Do

  • Design and implement DriveWealth’s third-party vendor governance framework
  • Establish clear vendor tiering, onboarding, renewal, and termination processes to ensure consistency and control
  • Support the end-to-end procurement lifecycle, including vendor selection, contract coordination, and renewal management
  • Own and continuously evolve DriveWealth’s third-party governance standards to ensure regulatory defensibility and operational resilience
  • Partner with Legal, Compliance, Risk, Finance, Product, and Engineering to ensure vendors meet regulatory, operational, and security standards
  • Drive accountability across business units
  • Coordinate third-party due diligence and track risk findings through remediation
  • Maintain a centralized vendor inventory and contract repository
  • Develop vendor performance metrics, monitor SLAs, and lead regular performance reviews with stakeholders
  • Provide reporting and dashboards for leadership to ensure visibility into vendor risk, performance, and cost efficiency
  • Support regulatory exams and audits related to third party oversight

What You Bring

  • 6 to 8 years of experience in vendor management, procurement, third party risk, or operations within financial services or a regulated environment
  • Working knowledge of SEC and FINRA expectations related to third party oversight
  • Experience supporting or implementing vendor governance processes, including onboarding, due diligence, and renewal workflows
  • Familiarity with contract structures, SLAs, and vendor performance monitoring
  • Strong analytical, documentation, and project management skills
  • Ability to work cross-functionally and coordinate stakeholders across Legal, Compliance, Risk, Finance, and Technology
  • Demonstrated ability to improve processes, strengthen controls, or reduce operational risk


Applicants must be authorized to work for any employer in the U.S. DriveWealth is unable to sponsor an employment Visa at this time.

Compensation
Compensation package offerings are based on candidate experience and technical qualifications, as it relates to the role. These are identified and determined throughout your interviewing experience.

Please note
: this role is expected to come into our office on a cadence set by the Hiring Manager/Team.

New York, NY (Hybrid) Pay Range
$175,000$200,000 USD

Working at DriveWealth

We do our best work when we’re in the same room. To maintain the speed our partners expect, our New York and Chicago teams work in-office 4 days a week. We’ve found that being physically side-by-side is the only way to solve complex problems in real-time and stay truly accountable to the products we ship. When you’re here, you’re working directly with the people making the decisions. To support that work, we provide competitive compensation, equity, and a 401(k) match. We also offer full insurance coverage, a wellness reimbursement, a company-provided phone, and a personal development allowance. Finally, we value the time you spend away from the office with generous PTO, observed holidays, and extended leave.

How We Think About AI

We leverage AI to work smarter and move faster. We seek AI curious talent who are proactive about using emerging tools to increase signal quality, reduce friction and improve outcomes to deliver product faster, provide better service to our partners, and to streamline processes. Your ability to leverage our internal tools and technology to drive results is as important to us as your core domain expertise.

Compensation

Pay is generally based upon the level, complexity, responsibility, location and job duties / requirements of the specific position. We then source candidates with the requisite skills, expertise, education, training, and experience.  If you are selected for an interview, please feel welcome to speak to a recruiter about our compensation philosophy and other available benefits. This role is eligible for base, bonus, equity, 401(k) match, and heavily subsidized benefits and perks.

Equal Employment Opportunity

To build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us at recruiting@drivewealth.com.

Agency Disclaimer

DriveWealth does not accept agency resumes. Do not forward resumes to our jobs alias, employees, or any other organization location. DriveWealth is not responsible for any fees related to unsolicited resumes.