Lead Buyer managing end-to-end procurement processes and supplier relationships at FINRA. Collaborating with internal stakeholders and legal teams to maximize procurement value and compliance.
Responsibilities
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.
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.
Develop and maintain relationships with key suppliers to ensure quality, cost, delivery standards are met.
Monitor and track contract lifecycle of suppliers, initiating timely, value-add activities in renewal, replacement, and terminations of contracts.
Analyzes spending patterns and identify cost-saving opportunities within assigned business customers.
Requirements
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.
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