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VP of Procurement (Crypto)

salary Salary :

$140,000 - 2,560,000 monthly

Job Description - VP of Procurement (Crypto)

The VP of Procurement (Crypto) at Bitpay will be a strategic leader with strong commercial acumen, responsible for driving the company's procurement strategy and overseeing the purchasing activities related to cryptocurrency. As part of the senior management team, this role will involve liaising across various departments, including finance and operations. The expectation is for the VP of Procurement to play a pivotal role, contributing positively to our company's financial performance and risk management strategies.

The core duties and responsibilities include:

    • Developing, leading and executing procurement strategies for all cryptocurrency purchases.
    • Benchmarking traditional procurement strategies and tools against those in the cryptocurrency realm and adapting them for increased efficiency and performance.
    • Identifying and managing the risks associated with cryptocurrency procurement and implementing effective control measures.
    • Negotiating contracts, improving prices and terms of business with suppliers and review opportunities to make business savings by utilizing new suppliers.
    • Contributing to the company's financial goals by effectively managing purchasing costs.
    • Overseeing all activities related to procurement compliance, supplier management, and contract management.

To qualify for this position, candidates must possess:

    • Advanced degree in Business, Finance, or a related field. Certifications in Purchasing Management or Supply Chain are a plus.
    • A minimum of 10 years of experience in strategic procurement roles, with a preference for candidates who have a multi-year experience in cryptocurrency markets.
    • Strong commercial acumen with a track record of successfully negotiating and managing significant contracts.
    • In-depth knowledge of cryptocurrency markets, blockchain technology and relevant financial regulations. Familiarity with procurement systems and tools, including digital procurement platforms.
    • Exceptional leadership skills with an ability to manage diverse teams, and set and achieve their strategic objectives.

Benefits of working as the VP of Procurement at Bitpay:

    • Opportunity to work in an innovative and rapidly growing industry, shaping the future of digital currency and financial services.
    • Competitive compensation package, including attractive performance bonus structure.
    • Exposure and engagement with internationally reputed partners and suppliers, creating a network within the cryptocurrency field.
    • Comprehensive professional development opportunities, allowing for expansion of skills and career growth.
    • Flexible working hours and wellness initiatives targeted at maintaining an optimal work/life balance.

Overall, the VP of Procurement (Crypto) role is a challenging yet rewarding position, offering ample opportunities for career growth and personal development within a supportive and innovative environment.

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