Vendor Manager – Indirect Procurement
Company: Interactive Brokers Group, Inc.
Location: Schiller Park
Posted on: February 10, 2026
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Job Description:
Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global
financial services company headquartered in Greenwich, CT, USA,
with offices in over 15 countries. We have been at the forefront of
financial innovation for over four decades, known for our
cutting-edge technology and client commitment. IBKR affiliates
provide global electronic brokerage services around the clock on
stocks, options, futures, currencies, bonds, and funds to clients
in over 200 countries and territories. We serve individual
investors and institutions, including financial advisors, hedge
funds and introducing brokers. Our advanced technology, competitive
pricing, and global market help our clients to make the most of
their investments. Barrons has recognized Interactive Brokers as
the 1 online broker for six consecutive years . Join our dynamic,
multi-national team and be a part of a company that simplifies and
enhances financial opportunities using state-of-the-art technology.
This is a hybrid role (3 days in the office / 2 days remote). About
your team: This senior vendor management role reports to the Sr.
Director of IT Procurement and Vendor Management. The position
requires an experienced individual who will: • Serve as a trusted
advisor to business leaders, legal, enterprise risk, audit,
compliance and other key IBKR stakeholders globally. • Guide
vendors through robust risk assessments and due diligence processes
for existing ICT 3rd party service providers. • Implementing robust
contractual arrangements that address security, performance, and
continuity requirements. • Establishing effective monitoring,
scorecards and oversight mechanisms for ICT 3rd party service
providers (TPSP). The ideal candidate must demonstrate strong
experience with critical and strategic vendor relationship
management and drive measurable improvements across the vendor
management landscape. What will be your responsibilities within
IBKR: 1. Develop and implement vendor management strategies and
processes. 2. Manages all vendor management-related assignments and
activities. 3. Developing and maintaining incident response and
business continuity plans. 4. Ensuring regular testing and updating
of these plans to address evolving ICT TPSP risks and threats. 5.
Collaborate with various internal departments to build reporting
requirements and automate in procurement and vendor management
systems. 6. Drive DORA addendum execution and compliance. 7. Guide
cross-functional teams through the procurement and vendor
management process. 8. Ensure alignment with category leaders on
sourcing/procurement strategy. 9. Leads the development and
implementation of multiple complex and cross-region supplier
performance scorecards. 10. Monitor vendor performance against
contracts, service level agreements (SLAs), and key performance
indicators (KPIs). 11. Ensures that business expectations and
global and regional regulatory/compliance requirements are met. 12.
Solid understanding of Responsible Sourcing, Contract Management,
Category Management, Diverse Supply Base, 3rd Party Risk Mgmt. and
Regional Compliance requirements, etc. 13. Experienced and
comfortable using Source to Pay systems. 14. Reporting and
Analytics – Able to develop complex dashboards and release monthly
reports. Which skills are required: 1. Education: Bachelor s degree
required, preferably in Finance, Business Administration, or Supply
Chain Management. 2. Experience: 10-15 years of professional
experience in vendor management. 3. Project Management:
Demonstrated ability to manage large-scale, complex strategic
initiatives with multi-million-dollar values, tight deadlines, and
significant risk factors. 4. Methodical Approach: Proven track
record applying structured strategic vendor management
methodologies successfully. 5. Negotiation Skills: Exceptional
negotiation abilities with demonstrated capacity to influence
executive stakeholders both internally and externally. 6. Business
Acumen: Strong organizational awareness with sound judgment in
planning and decision-making processes. 7. Communication: Superior
written and verbal communication skills. 8. Stakeholder Management:
Proactive and collaborative mindset with a focus on delivering
exceptional internal client engagements. 9. Analytical Thinking:
Advanced analytical and problem-solving capabilities, particularly
in translating spend/supplier data into effective sourcing
strategies. To be successful in this position, you will have the
following: • Self-motivated and able to handle tasks with minimal
supervision. • Superb analytical and problem-solving skills. •
Excellent collaboration and communication (Verbal and written)
skills. • Outstanding organizational and time management skills.
Company Benefits & Perks • Competitive salary, annual
performance-based bonus and stock grant • Retirement plan 401(k)
with competitive company match • Excellent health and wellness
benefits, including medical, dental, and vision benefits, and a
company-paid medical healthcare premium. • Wellness screenings and
assessments, health coaches and counseling services through an
Employee Assistance Program (EAP) • Paid time off and a generous
parental leave policy • Daily company lunch allowance provided, and
a fully stocked kitchen with healthy options for breakfast and
snacks • Corporate events, including team outings, dinners,
volunteer activities and company sports teams • Education
reimbursement and learning opportunities • Modern offices with
multi-monitor setups This roles anticipated base salary range is
$145,000 to $165,000 annually, based on skills and experience. The
offered salary is just part of the total compensation package. In
addition to a competitive salary, the company offers both a
discretionary cash bonus and stock award, as well as a wide range
of benefits, including health care, tuition reimbursement, and much
more.
Keywords: Interactive Brokers Group, Inc., Des Plaines , Vendor Manager – Indirect Procurement, Accounting, Auditing , Schiller Park, Illinois