Job Details
**Procurement, Buyer**
at Upstart Remote By leveraging Upstart's AI platform, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates, while simultaneously delivering the exceptional digital-first lending experience their customers demand. Upstart's patent-pending platform is the first to receive a no-action letter from the Consumer Financial Protection Bureau related to fair lending. Upstart not only supports a large remote workforce, but also has offices in San Mateo, CA; Columbus, OH; and Austin, TX. **About Upstart**
Upstart is a leading AI lending platform partnering with banks and credit unions to expand access to affordable credit. As we transitioned to being a public company, were now poised to leverage our domain expertise and revolutionize every aspect of lending and credit risk evaluation. Weve recently expanded our offerings to include automobile refinancing and we plan to take on more verticals as the business grows.
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**
The Procurement team at Upstart 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 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**.
***Position Location -*** This role is available in the following locations: Remote, San Mateo
***Time Zone Requirements -*** This team operates on the West Coast time zones.
***Travel Requirements -*** This team has regular on-site collaboration sessions. These occur 3 days per Quarter at the San Mateo office. If you need to travel to make these meetups, Upstart will cover all travel related expenses.
**How youll make an impact:**
* First line of support for end users in the Procure-to-Order process. This involves guiding end users through intake, provide training, and fielding questions.
* Monitor request 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 POs
* Create dashboards and swim lane process flow documentation
* Conduct pricing negotiations for low risk purchases
* Supports the companys Supplier Diversity initiatives and maintains database of qualified diverse suppliers
* Manages Docusign requests for execution of agreements
**What were looking for:**
* Minimum requirements:
+ 4 years prior experience within an indirect procurement function
+ Prior experience working as a Buyer in a Procure-to-Pay 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
+ Analytical skills and ability to interpret information from various sources
+ Ability to effectively communicate both verbally and in written form
+ Ability to work efficiently in a fast-paced, hyper-growth environment
+ Team player and self-starter with a can-do attitude
* Preferred qualifications:
+ Bachelors degree in Finance, Business, Supply Chain or equivalent line of business
+ 5 to 7 years in an indirect procurement function
+ Extensive experience with Workday Strategic Sourcing (formerly ScoutRFP), ZIP Procurement Intake, Jira (utilizing as a Procurement intake solution)
**What youll love:**
* Competitive Compensation (base + bonus & equity)
* Comprehensive medical, dental, and vision coverage
* Personal Development and Technology & Ergonomic Budgets
* Life insurance and disability benefits
* Clubs and Activities (Game Nights, Fitstarters, Superwomen, Book Club, Investing Club, Money Discussions, Photography Club and Basketball teams)
* Generous vacation policy
* 401(k) and Employee Stock Purchase Plan (ESPP)
* Catered lunches + snacks & drinks
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.
Location (City) * Location Preference *
As a digital-first company, we are providing our employees with the opportunity to work remotely across the US and/or from one of our physical office locations.
Please select from the list below your primary work location preference(s). Primary work location is defined as where you will spend more than 50% of your time working. Before making your selection(s), please check to make sure that the location is listed as an option in the jobs description above. Multiple selections can be made if multiple locations are available. Remote is considered a location.
San Mateo, CA
Columbus, OH
Austin, TX
Remote
**Voluntary Self-Identification**
For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely **voluntary**. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.
As set forth in Upstarts Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.
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Expires 05/31