Senior Procurement Specialist

U.S. Financial Technology (U.S. FinTech) is seeking an experienced Senior Procurement Specialist to join our team of talented professionals. This is a full-time remote opportunity. 

U.S. FinTech built and operates the largest and most advanced mortgage securitization platform in the world, supporting the Uniform Mortgage-Backed Security (UMBS) of Fannie Mae and Freddie Mac.

Supporting 70% of the mortgage-backed securities in the market, U.S. FinTech provides best-in-class single-family issuance, bond administration, disclosure, and tax services. We support a broad portfolio of products for our clients with full lifecycle management.

Our market-leading, cloud-based, end-to-end platform executes transactions on an extraordinary scale which has bolstered liquidity in the secondary mortgage market, one of the largest and most important financial markets in the world. Our unique approach to securitization combines the best minds in financial services with the know-how, flexibility, and innovation of leading technologists.

• 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

• 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. U.S. FinTech does not offer H-1B sponsorship for this position.

• 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.

Pay Range $105,000 to $123,500

U.S. FinTech's pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) a candidate’s qualifications, skills, competencies, and experience, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law. U.S. FinTech offers a competitive total compensation package, which includes a performance bonus, 401k match, healthcare coverage, PTO, and a broad range of other benefits.

As a condition of employment with U.S. Financial Technology, any successful job applicant will be required to  successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.   

U.S. Financial Technology is an Equal Opportunity Employer.

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