Senior Procurement Specialist

U.S. Financial Technology

1d•Remote

About The Position

U.S. Financial Technology (U.S. FinTech) is seeking an experienced Senior Procurement Specialist to join their team. This is a full-time remote opportunity. U.S. FinTech operates the largest mortgage securitization platform, supporting the Uniform Mortgage-Backed Security (UMBS) of Fannie Mae and Freddie Mac. They provide services for a significant portion of the mortgage-backed securities market, offering best-in-class single-family issuance, bond administration, disclosure, and tax services. Their cloud-based platform executes transactions at scale, enhancing liquidity in the secondary mortgage market. The company combines expertise in financial services with technology innovation.

Requirements

Bachelor’s degree or related work experience
A minimum of 6 years of experience in sourcing and procurement function.
Applicants must be authorized to work in the US without requiring employer sponsorship currently or in the future.
Knowledge of procurement management applications and their use.
In-depth knowledge of contractual techniques when changes in the requirements are required during the course of the contract.
Skilled in the use of Microsoft Office suite.
Demonstrated ability to understand technology documents as they relate to procurement activities and understanding requirements.
Ability to conduct effective negotiations for the most complex and difficult technology contracts
Orientation and focus towards providing quality and timely contract management and administration.
Orientation towards teamwork and collaboration
Proven ability to manage work tasks and projects effectively and in a timely manner using project management skills and tools, as applicable.
Demonstrated, strong written and verbal communication skills.
Proven collaboration skills and an ability to work across the organization with a wide diversity of individuals and perspectives.
Ability to analyze data and summarize data for reporting, negotiation prep, extended cost calculations, etc.

Responsibilities

Provide effective, organization-wide strategic planning, sourcing, contracts negotiation, and purchasing of technology and non-technology professional services.
Forge new partnerships with top suppliers and build strong internal partnerships with divisional representatives.
Contribute to the centralization of Software/Hardware, professional services, and staff Augmentation procurement through the development of internal and external partnerships.
Forge highly collaborative relationships with other procurement team members to collectively increase the scope and impact of the team.
Establish frameworks for full lifecycle management of all Software/Hardware, professional services, and staff Augmentation contracts.
Foster highly aligned cross-functional partnerships across Security, Technology, Finance, and Legal teams integral to the delivery of procurement services.
Utilize subject matter expertise in the strategic acquisition of Software/Hardware, professional services, including contingent labor, consulting services for all internal partners.
Develop and maintain knowledge on services relevant to stakeholders.
Partner closely with several internal technology teams to assess hardware and software needs on various projects and initiatives.
Foster key supplier relationships to ensure they are responsive to the evolving needs of U.S. FinTech.
Solicit product and service proposals and conduct legal and commercial negotiations while complying with U.S. FinTech guidelines and procurement processes.
Ensure compliance with company supplier and license management guidelines and applicable government regulations important to purchasing practices.
Scout global markets for prospective suppliers, as well as develop and vet, qualified new suppliers.
Maintain accurate contracting data, supplier records, and transaction information.
Monitor supplier reliability and performance.
Negotiate and manage supplier agreements.
Identify supplier consolidation/centralization opportunities.
Service as a Data steward managing the following tools: NetSuite, Agiloft, and Fieldglass.