Senior Director, Procurement and Third Party Risk

at Chime Financial, Inc

San Francisco, United States

About the Role

This role leads the company’s end-to-end procurement and third-party risk management functions, ensuring the business can scale efficiently while meeting public-company and regulatory expectations. You will lead a high-performing procurement organization and partner closely with business leaders to deliver strong commercial outcomes balanced with effective risk management and governance.

You will own sourcing strategy, and negotiations, contracting partnerships, and ongoing vendor oversight across technology, marketing, operations, and corporate spend. As a trusted advisor to senior stakeholders, you will help shape vendor strategy, manage risk tradeoffs, and establish procurement policies, controls, and reporting that support transparency, compliance, and long-term growth.

The base salary offered for this role and level of experience will begin at $199,000 and up to $275,000. Full-time employees are also eligible for a bonus, competitive equity package, and benefits. The actual base salary offered may be higher, depending on your location, skills, qualifications, and experience.

In this role, you can expect to

Lead and develop a high-performance, high-integrity procurement organization, including strategic sourcing, procurement operations and third-party risk management.
Own the end-to-end procurement lifecycle, including intake, vendor selection, contracting partnership, onboarding, ongoing vendor management, and renewals, in a public-company environment.
Define and execute sourcing strategies across technology, marketing, operations, and corporate spend that balance cost efficiency, risk management, and business agility.
Interpret, develop, implement, and monitor procurement policies, standards, and governance frameworks; educate stakeholders and drive consistent adoption across the company.
Serve as a trusted advisor to business leaders on vendor strategy, commercial terms, risk tradeoffs, and long-term supplier relationships.
Oversee third-party risk management programs, including due diligence, ongoing monitoring, issue remediation, and alignment with bank partner and regulatory expectations.
Ensure compliance with internal policies and external requirements; produce accurate, timely, and actionable reporting on spend, vendor risk, and procurement performance suitable for public-company scrutiny.
Establish and maintain strong procurement controls; partner closely with Legal, Finance, Security, Privacy, Compliance, and Internal Audit to ensure vendors and contracts meet control and governance requirements.
Lead complex vendor negotiations and structuring decisions (e.g., pricing models, minimum commitments, SLAs, termination rights), providing guidance from strategy through execution.
Monitor emerging best practices, regulatory expectations, and industry trends related to procurement and third-party risk; prepare briefings for senior management and educational materials for stakeholders.
Drive continuous improvement of procurement operations, systems, and controls to support scale, resilience, and effective public-company operations.

To thrive in this role, you have

15+ years of experience in procurement, strategic sourcing, supply chain, or third-party risk management, including senior leadership experience; public-company and regulated industry experience strongly preferred.
Proven experience leading and scaling a procurement organization, including buyers and third-party risk programs, in a complex, fast-growing environment.
Deep expertise in strategic sourcing, vendor negotiations, procurement operations, and third-party risk management frameworks.
Strong understanding of governance, internal controls, and compliance expectations applicable to public companies, including audit and regulatory scrutiny.
Demonstrated ability to balance business agility with risk management and to exercise sound judgment in ambiguous or high-pressure situations.
Experience designing and operationalizing procurement policies, controls, and systems that support public-company requirements.
Skilled at partnering with Legal, Finance, Engineering, Security, Privacy, Compliance, and Internal Audit to deliver outcomes efficiently without becoming a bottleneck.
Strong executive presence and communication skills, with the ability to clearly explain complex commercial, risk, or policy issues to non-procurement audiences.
Data-driven and detail-oriented, with a track record of using metrics and insights to drive decision-making and continuous improvement.
High personal integrity, strong ownership mindset, and a collaborative leadership style.

#LI-BE1 #LI-Hybrid

A little about us

At Chime, we believe that everyone can achieve financial progress. We created Chime—a financial technology company, not a bank*—on the premise that core banking services should be helpful, easy, and free. Through our user-friendly tools and intuitive platforms, we empower our members to take control of their finances and work towards their goals. Whether it's starting a savings account, purchasing a first car or home, launching a business, or pursuing higher education, we're proud to have helped millions unlock their financial potential.

We're a team of problem solvers, dreamers, and builders with one shared obsession: our members. From day one, Chimers have worked tirelessly to out-hustle and out-execute competitors to bring our mission to life. Their grit and determination inspire us to work harder every day to deliver the very best experience possible. We each bring an owner's mindset to our work, refusing to be outdone and holding ourselves accountable to meet and exceed the highest bars for our teams, our company, and our members.

We believe in being bold, dreaming big, and taking risks, while also working together, embracing our diverse perspectives, and giving each other honest feedback. Our culture remains deeply entrepreneurial, encouraging every Chimer to see themselves as stewards of our mission to help everyday Americans unlock their financial progress.

We know that to achieve our mission, we must earn and keep people's trust—so we hold ourselves to the highest standards of integrity in everything we do. These aren't just words on a wall—our values are embedded in every aspect of our business, serving as a north star that guides us as we work to help millions achieve their financial potential.

Because if we don't—who will?

*Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

What we offer for our full-time, regular employees

🏢 Our in-office work policy is designed to keep you connected - with four days a week in the office and Fridays from home for those near one of our offices, plus team and company-wide events depending on location. Whether you’re coming in regularly or are part of our fully remote program, you’ll stay engaged with your work and teammates.**
💻 In-office perks including backup child, elder, and/or pet care, plus a subsidized commuter benefit to support your regular commute**
💰 Competitive salary based on experience**
✨ 401k match** plus great medical, dental, vision, life, and disability benefits
🏝 Generous vacation policy and company-wide Chime Days, bonus company-wide paid days off**
🫂 1% of your time off to support local community organizations of your choice
👟 Annual wellness stipend to use towards eligible wellness related expenses
👶 Up to 24 weeks of paid parental leave for birthing parents and 12 weeks of paid parental leave for non-birthing parents
👪 Access to Maven, a family planning tool, with $15k lifetime reimbursement for egg freezing, fertility treatments, adoption, and more.
🎉 In-person and virtual events to connect with your fellow Chimers—think cooking classes, guided meditations, music festivals, mixology classes, paint nights, etc., and delicious snack boxes, too!**
💚 A challenging and fulfilling opportunity to join one of the most experienced teams in FinTech and help millions unlock financial progress**

**Perks also available to Chime Interns.

We know that great work can’t be done without a diverse team and inclusive environment. That’s why we specifically look for individuals of varying strengths, skills, backgrounds, and ideas to join our team. We believe this gives us a competitive advantage to better serve our members and helps us all grow as Chimers and individuals.

Chime is proud to be an Equal Opportunity Employer. We consider qualified applicants without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, genetic information, veteran status, or any other legally protected basis under provincial, federal, state, and local laws, regulations, or ordinances. We will also consider qualified applicants with criminal histories in a manner consistent with the requirements of state and local laws, including the San Francisco Fair Chance Ordinance, Cook County Ordinance, NYC Fair Chance Act, and the LA City Fair Chance Ordinance, and consistent with Canadian provincial and federal laws. If you have a disability or special need that requires accommodation during any stage of the application process, please contact: benefits@chime.com.

To learn more about how Chime collects and uses your personal information during the application process, please see the Chime Applicant Privacy Notice.