VP-Finance Technology and Procurement

Northwestern Mutual

Milwaukee, Wisconsin

JOB DETAILS
SKILLS
Alliance/Partner Management, Artificial Intelligence (AI), Banking Services, Benchmarking, Brokerage, Budgeting, Business Plan, Business Services, Change Management, Channel Strategies, Cloud Computing, Competitive Analysis/Strategy, Conflict Resolution, Cost Control, Ecosystems, Emerging Technology, Establish Priorities, Finance, Financial Services, Information Technology & Information Systems, Information/Data Security (InfoSec), Insurance, Internet Security, Leadership, Legal, Maintain Compliance, Matrix Management, Metrics, Negotiation Skills, Operations Management, Performance Metrics, Pricing, Privacy Controls, Problem Solving Skills, Procurement Management, Procurement Software, Procurement Strategy, Progress Reports, Purchasing/Procurement, Regulatory Compliance, Regulatory Requirements, Risk, Risk Management, Security Compliance, Service Level Agreement (SLA), Software as a Service (SaaS), Sourcing Strategy, Stewardship, Strategic Planning, Technical Leadership, Technical Strategy, Total Cost of Ownership, Vendor/Supplier Evaluation, Vendor/Supplier Management, Vendor/Supplier Planning, Vendor/Supplier Sourcing
LOCATION
Milwaukee, Wisconsin
POSTED
6 days ago

Summary

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.

Key Responsibilities

Strategic CIO/CDO Partnership

  • 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. 

Technology Procurement Leadership

  • 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.

Supplier Lifecycle Management

  • 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).

Governance & Value Realization

  • 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.

Leadership & Influence

  • 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.

Qualifications & Experience

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

Compensation Range:

Pay Range - Start:

$160,000.00

Pay Range - End:

$240,000.00

This role is eligible for additional short-term and long-term incentive compensation.


We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.


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Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

About the Company

N

Northwestern Mutual

Who We Are

What we believe.

We believe relationships are built on trust. That our lives and our work matter. And that doing what’s right is good for everyone — our clients, our employees, our financial representatives and our communities.
These beliefs launched our company nearly 160 years ago. Today, they’re just a few of the reasons why people choose to build careers at Northwestern Mutual.

We’re known for our financial strength.

That means we’ll be here for the millions of people who are counting on us—our clients, our employees, our financial representatives and our communities.

We care.

We make a positive difference in our communities. Nationally, thousands have benefited from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they’re passionate about.


Why Work Here

We’re strong and growing.

In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We’re strong, innovative and growing. And we want you to grow with us.

We invest in our people.

We provide opportunities for employees to grow themselves, their careers, and, in turn, our business. Movement around the company is encouraged and we help our people build meaningful, long-term careers.

Be part of building our future.

We’re expanding our campus in downtown Milwaukee overlooking Lake Michigan. The Northwestern Mutual Tower and Commons will include a state-of-the-art employee Learning Institute, and will feature a natural light-filled, 21st century work environment. This signature development reinforces our commitment to job growth, attracting top talent and drawing new business to Milwaukee.

Enjoy Milwaukee.

Located on beautiful Lake Michigan, Milwaukee offers a perfect balance of big city and small town living. Home to Summerfest, the world’s largest music festival, Milwaukee has a thriving music scene, a celebrated annual film festival and vibrant performing arts community. Professional sports teams include the Milwaukee Brewers, Milwaukee Bucks and other major teams. And outdoor family fun is easy here. An extensive urban bike path network links our lakefront parks, beaches and other recreational hotspots.


Our Culture

We are always evolving.

At Northwestern Mutual, our employees, and our business, are always evolving. We are agile and continuously learning and improving. We have a work environment that empowers problem solving and encourages innovation—you will make an impact here.

We do what’s right.

Our “do-what’s-right” value is pervasive. We ask ourselves: “Is this in the best interest of our clients? Our employees? Our financial representatives?” Acting on this value improves our clients’ experience, and makes Northwestern Mutual a better place to work.

We recognize and develop possibilities in our people.

Onsite training and leadership development programs help employees succeed and grow. We also sponsor learning opportunities outside the company to help employees stay current in their fields, network with peers and gain external perspective.

Diversity makes us better.

We believe diversity and inclusion cultivate creativity, innovation and a better experience for our clients. That’s why we recruit and grow people who bring unique perspectives, ideas, beliefs and cultural backgrounds.

COMPANY SIZE
5,000 to 9,999 employees
INDUSTRY
Financial Services
FOUNDED
1857
WEBSITE
https://www.northwesternmutual.com/