Buyer Procurement
Buyer Procurement
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1 Vacancy
Job Description
About Upstart
Upstart is the leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstarts AI marketplace Upstartpowered banks and credit unions can have higher approval rates and lower loss rates across races ages and genders while simultaneously delivering the exceptional digitalfirst lending experience their customers demand. More than 80 of borrowers are approved instantly with zero documentation to upload.
Upstart is a digitalfirst 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; and Austin Texas.
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 wed love to hear from you!
The Team
Upstarts Procurement team is a new function and we are in the process of building the team. Led by the Head of Procurement 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 theBuyer at Upstart you will have responsibility for guiding users through the Procure toOrder (P2O) process and ensure that all controls are followed resulting in minimal risk while ensuring a great customer experience.
Position Location This role is available in the following locations: Remote San Mateo
Time Zone Requirements This team operates on the West Coast time zone
Travel Requirements As a digital first company the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time inperson collaborating via regular onsites. The inperson sessions cadence varies depending on the team and role; most teams meet once or twice per quarter for 24 consecutive days at a time.
How youll make an impact:
- First line of support for end users in the ProcuretoOrder 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 Procurements 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
What were looking for:
- Minimum requirements:
- 4 years prior experience within an indirect procurement function
- Prior experience working as a Buyer in a ProcuretoPay platform(s)
- Detailed oriented 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
- Preferred qualifications:
- High School Diploma or GED Business Supply Chain or equivalent line of business
- 5 to 7 years in an indirect procurement function
- Extensive experience with ZIP Procurement Intake Jira (utilizing as a Procurement intake solution) DocuSign SpendHQ
What youll love:
- 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 $4500 and immediate vesting and aftertax savings
- Employee Stock Purchase Plan (ESPP)
- Life and disability insurance
- Generous 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 allcompany 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
At Upstart your base pay is one part of your total compensation package. The anticipated base salary for this position is expected to be within the below range. Your actual base pay will depend on your geographic locationwith our digital first philosophy Upstart uses compensation regions that vary depending on location. Individual pay is also determined by jobrelated skills experience and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
In addition Upstart provides employees with target bonuses equity compensation and generous benefits packages (including medical dental vision and 401k).
Upstart is a proud Equal Opportunity Employer. We are dedicated to ensuring that underrepresented classes receive better access to affordable credit and are just as committed to embracing diversity and inclusion in our hiring practices. We celebrate all cultures backgrounds perspectives and experiences and know that we can only become better together.
If you require reasonable accommodation in completing an application interviewing completing any preemployment testing or otherwise participating in the employee selection process please email
Employment Type
Full Time
Key Skills
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