Job Details
Procurement Specialist
Fintech
Job Description
Procurement Specialist
📍 Location: Northbrook, IL (Hybrid – 3 days on-site)
đź•’ Type: Full-time
💵 Salary Range: $76,000 – $80,000/year + 10% bonus target
Key Responsibilities:
- Lead strategic sourcing and supplier selection for assigned commodities
- Negotiate supplier contracts and manage service level agreements
- Act as relationship manager for internal and external stakeholders
- Conduct market analysis, evaluate total cost of ownership (TCO)
- Manage supplier onboarding and ERP system integration (Oracle preferred)
- Stay current on industry trends, new products, and cost-saving opportunities
- Promote competitive sourcing through supplier diversification
Qualifications:
- Bachelor’s degree in Business Administration or related field
- 2+ years of procurement experience
- Strong Excel skills (especially for data analysis)
- Knowledge of Sourcing, Supplier Management, Contract Law, RFQs/RFIs
- Oracle ERP experience preferred
- Proven negotiation skills and experience leading sourcing initiatives
Benefits Include:
- Medical, dental, vision, mental & financial wellness
- 401(k) retirement plan
- Paid time off: 15 vacation days, 12 holidays, 72 hours of sick leave
- Annual bonus opportunity: 10% of base salary
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