Buyer, Procurement

Upstart

8d•Remote

About The Position

Upstart is the leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart's AI marketplace, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates across races, ages, and genders, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than 80% of borrowers are approved instantly, with zero documentation to upload. Upstart is a digital-first company, which means that most Upstarters live and work anywhere in the United States. However, we also have offices in San Mateo, California; Columbus, Ohio; Austin, Texas; and New York City, NY (opening Summer 2026). Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. If you are energized by the impact you can make at Upstart, we’d love to hear from you! The Team: Upstart’s Procurement team is a new function and we are in the process of building the team. The team will be responsible for developing policies/processes, negotiating deals that provide goods/services at the best possible price, implementing tools and systems that will aid in the automation of the procurement function, and collaborating with various teams to minimize third party risk. As the Buyer at Upstart, you will have responsibility for guiding users through the Procure- to-Order (P2O) process and ensure that all controls are followed resulting in minimal risk while ensuring a great customer experience.

Requirements

3-4 years prior experience within an indirect procurement function
Ability to work efficiently in a fast-paced, hyper-growth environment
Team player and self-starter with a can-do attitude
Prior experience working as a Buyer in a Procure-to-Pay platform(s)
Detailed orientation and ability to execute
Ability to work and collaborate across all levels
Working knowledge of Microsoft Suite and/or GSuite applications
Working knowledge of contract management systems
Analytical skills and ability to interpret information from various sources
Ability to effectively communicate both verbally and in written form

Nice To Haves

High School Diploma or GED, Business, Supply Chain or equivalent line of business
3-5 years in an indirect procurement function
Hands-on experience with ZIP Procurement Intake, supporting procurement workflows, intake automation, and change order processing across cross-functional teams

Responsibilities

First line of support for end users in the Procure-to-Order process. This involves guiding end users through intake, providing training, and fielding questions.
Monitor requests entered by users to ensure requests are moving towards closure, collaborating with SME groups on stale requests, communicating with end users and escalating to management where necessary.
Ensure compliance with procurement policies and procedures for all purchases
Maintain and support new and legacy data included in Procurement’s database
Process and manage POs through Procurement Systems
Report on Metrics (Monthly and Quarterly)
Create dashboards and swim lane process flow documentation
Conduct pricing negotiations for low risk purchases
Knowledge of contract terms to ensure terms and conditions are accurately reflected in POs
Supports the company’s Supplier Diversity initiatives and maintains database of qualified diverse suppliers
Manages Docusign requests for execution of agreements
Collaborate cross- functionally with legal, finance, operations and business units to ensure end-to end alignment on sourcing and contracting activities

Benefits

Competitive Compensation (base + bonus & equity)
Comprehensive medical, dental, and vision coverage with Health Savings Account contributions from Upstart
401(k) with 100% company match up to $4,500 and immediate vesting and after-tax savings
Employee Stock Purchase Plan (ESPP)
Life and disability insurance
Generous holiday, vacation, sick and safety leave
Supportive parental, family care, and military leave programs
Annual wellness, technology & ergonomic reimbursement programs
Social activities including team events and onsites, all-company updates, employee resource groups (ERGs), and other interest groups such as book clubs, fitness, investing, and volunteering
Catered lunches + snacks & drinks when working in offices