Lead Buyer, Procurement

Join Us in Driving Strategic Value Through Procurement Excellence    You'll lead the end-to-end procurement process—from evaluating suppliers and negotiating competitive pricing to sourcing the goods and services that keep our organization running efficiently. Your expertise will be essential in managing complex contractual transactions, working closely with FINRA's Commercial Transactions Group to ensure seamless, timely execution of critical agreements.  Beyond sourcing, you'll play a key role in asset lifecycle management, partnering with our Asset Management team to optimize how we acquire, maintain, and manage FINRA's physical assets.

This position offers the autonomy to drive decisions while providing the collaborative environment and resources you need to excel.  If you're looking for a role where your procurement skills directly contribute to organizational success and regulatory mission, we want to hear from you.
*
* Essential Job Functions:

**##
* Sourcing & Negotiation
** Identifies and evaluates potential suppliers.
* Partner closely with internal business customers on assigned end-to-end RFx, selection, and procurement processes, ensuring business needs are understood and execute sourcing activities to meet their needs; oversee competitive bid process.
* Draft, review, and conduct negotiations to establish favorable contracts, and pricing terms and agreements with vendors to maximize value and minimize risk.
*** Procurement Process Management
**** Manages the full purchase cycle (requests for proposals to purchase orders), ensuring compliance with strict adherence to FINRA's procurement policies and applicable regulatory requirements, , and budgetary constraints. Manage the competitive bid process.
* Proactively identify, recommend, and implement improvements in procurement processes and vendor management strategies.
* Partner with legal and technology teams to coordinate integration between procurement and contract management systems.
*** Supplier Relationship Management
**** Develop and maintain relationships with key suppliers to ensure quality, cost, delivery standards are met. Collaborate with Supplier Management on review and evaluation of suppliers’ performance.
* Monitor and track contract lifecycle of suppliers, initiating timely, value-add activities in renewal, replacement, and terminations of contracts.
* Collaborate with legal and compliance teams on contract reviews and risk assessments.
*** Analysis & Cost Control
**** Monitors market trends and commodity pricing to identify cost-saving opportunities and prepare budgetary reports.
* Analyze spending patterns and identify cost-saving opportunities within assigned business customers.
*** Additional Responsibilities:
**** Demonstrate FINRA’s values.
* Collaborate, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.
* Provides guidance, training to junior team members.
* Other duties as assigned.
*
* Required:

*** Bachelor's degree in business, finance, supply chain management, or related field, or equivalent combination of education and relevant experience
* Minimum of seven (7) years of hands-on procurement or strategic sourcing experience, preferably in financial services or regulatory environments
* Demonstrated experience executing end-to-end sourcing projects independently
* Highly skilled in negotiation, contract management, and vendor relations
* Proficiency with large ERP systems and integrated supplier and procurement business processes
* Strong analytical, problem-solving, and project management abilities.
* Outstanding written and verbal communication skills
** Nice if you have:
*** Experience in financial services or regulatory environment
* Workday experience is a plus
* Knowledge of financial industry regulations and compliance requirements
* Professional procurement certification (CPSM, CPM, CPIM, or equivalent)
* Formal project management training or certification (PMP, CAPM, etc.)
*
* Working Conditions:

*** Hybrid work environment, with defined in-person presence requirements

For work that is performed in CO, FL, TX, IL, PA, MA, MD, VA, Washington, DC, NY and NJ, please refer to…