Procurement Specialist

Nubank•Palo Alto, CA

2d•Hybrid

About The Position

Nu is a leading digital financial platform with a global presence, aiming to simplify financial services. The Procurement team supports business decisions by delivering value through end-to-end sourcing processes, focusing on sustainable partnerships and innovative ways of working. The team's ambition is to be a top-tier, efficient Procurement team in the technology sector, driving cost savings through strategic partnerships and a skilled workforce. This role is crucial for accelerating Nubank's business expansion in the United States, acting as a key partner to shape sourcing and contracting decisions with an emphasis on financial impact, risk mitigation, process efficiency, and the early adoption of AI in Procurement. The Specialist will report to the Senior Manager of Procurement and collaborate across contracts and multiple categories in a cross-functional environment. This position requires a blend of strategic thinking and hands-on execution, navigating market dynamics and regulatory requirements, and building scalable solutions for a rapidly growing business. A strong interest in leveraging AI and digital tools to enhance visibility, decision-making, stakeholder experience, and vendor performance management is essential.

Requirements

5+ years of experience in Procurement, Strategic Sourcing, Vendor Management, or Contract Management, ideally in fast-paced, technology-driven, or highly regulated environments.
Strong negotiation and sourcing skills, with the ability to balance business ambition, commercial value, and risk management.
Experience working across multiple categories and managing contracts in partnership with Legal, Finance, and business stakeholders.
Strong business judgment and analytical skills, with the ability to translate data into practical recommendations and action plans.
Experience using AI tools and digital solutions to improve routines, productivity, quality of deliverables, and visibility for decision-making.
Experience building, structuring, or using dashboards and visual management tools to track financial impact, risks, deadlines, and performance.
A hands-on mindset and a genuine interest in improving processes, creating scalable solutions, and increasing operational efficiency.
Excellent communication and stakeholder management skills, with the ability to influence clearly and objectively across seniority levels.
Strong prioritization and project management skills, with the ability to navigate ambiguity and move quickly without losing quality.
Advanced proficiency in English.

Responsibilities

Developing robust negotiation strategies and cost targets by leveraging market dynamics, benchmarks, and key category trends.
Managing strategic and relevant sourcing categories while building strong relationships with internal stakeholders and suppliers.
Leading and supporting sourcing and contracting initiatives that strengthen financial outcomes, improve existing processes, and enable business scalability.
Acting as a trusted Procurement partner for US business needs, ensuring local demands and contracting approaches are aligned with applicable regulatory and legal requirements.
Driving consistency and high-quality execution across contracting and supplier management practices, while influencing stakeholders across functions and geographies.
Identifying risks early and implementing mitigation strategies throughout the sourcing and contract lifecycle.
Using data, technology, analytical tools, and AI-enabled solutions to improve category management, decision-making, and Procurement visibility.
Driving early adoption of AI in Procurement routines, using AI tools to optimize team workflows, increase productivity, and improve the quality and speed of execution.
Leveraging AI and digital solutions to support performance management across routines, stakeholder interactions, supplier governance, and vendor relationship management.
Building and maintaining dashboards and visual management mechanisms that provide clear visibility into financial impact, risks, deadlines, pipeline status, and sourcing performance.
Analyzing budgets, spending patterns, supplier opportunities, and operational signals to uncover efficiency gains and better commercial outcomes.
Contributing to continuous improvement initiatives that simplify processes, reduce friction, and strengthen Procurement’s operating model.