Buyer, Procurement

The Team

Upstart’s 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 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 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 in-person collaborating via regular onsites. The in-person sessions’ cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.

How you’ll make an impact:

• First line of support for end users in the Procure-to-Order 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 Procurement’s 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 we’re 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
• 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 you'll 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 $4,500 and immediate vesting and after-tax 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, all-company 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