Lead Buyer - 100% Remote
RadianAbout the role
See yourself at Radian? We see you here too.
At Radian, we see you. For the person you are and the potential you hold. That’s why we’ve embraced a new way of working that lets our people across the country be themselves, be their best and be their boldest. Because when each of us is truly seen, each of us gives our best – and at Radian, we’ll give you our best right back.
Studies have shown that job seekers may hesitate to apply for jobs unless they meet every single qualification listed. We strive to see the potential in each applicant, so if you’re excited about this role but your experience or education level doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.
See Yourself as a Lead Buyer
As a Lead Buyer in Procurement, reporting to the Vice President, Procurement and Vendor Management, this role will oversee the purchasing activities of the company, ensuring cost-effective procurement of goods and services while maintaining strong supplier relationships and meeting business needs. This role will drive Radian’s “Request For” (RFx) culture to ensure that a variety of products and services are being considered when partnering with the business to select the right options for the organization. This role involves overseeing the entire contract management process, including contract negotiation, contract administration, and vendor relationships.
See Your Primary Duties and Responsibilities
Strategic Planning: Develop and implement purchasing strategies aligned with organizational goals, including identifying cost-saving opportunities and optimizing supply chain efficiency.
Supplier Management: Identify, evaluate, and negotiate with suppliers to secure favorable contracts and maintain strong relationships.
Procurement Process: Oversee the entire procurement process, from identifying needs to receiving goods and services, ensuring timely and accurate execution. Execute in a “Request For” (RFx) culture to drive transparency and competitiveness in procurement processes.
Cost Management: Leverage market intelligence while analyzing market trends, negotiating prices, and implementing cost-saving measures to achieve optimal procurement costs.
Contract Management: Manage contracts with suppliers, ensuring compliance with terms and conditions and resolving disputes.
Risk Management: Identify and mitigate potential risks related to procurement, such as supply chain disruptions or quality issues.
Communication and Collaboration: Effectively communicate with internal stakeholders and external suppliers, fostering strong relationships and collaboration.
Team Leadership: Mentor procurement staff, providing guidance and support to ensure effective performance.
See the Job Specifications
Your Basic Education and Prior Work-Related Experience:
Degree Requirement: Bachelor's Degree or Equivalent Experience
Work Experience: 10 years of prior work-related experience
Qualifications:
Minimum 10+ years’ experience in a procurement, sourcing, vendor management role with multiple category expertise, with at least 5 years in a leadership role.
At least 10 years of experience in contract structuring and negotiation for services, consulting, and outsourcing services contract
Proficient with MS Office - Project, PowerPoint, Word, Excel and Visio
Proficient with Oracle applications or equivalent (Enterprise Resource Planning (ERP)
Experience preferred in technology categories
Knowledge of financial controls and regulation including SOX, Shared Information Gathering (SIG), Securities and Exchange Commission (SEC), Consumer Financial Protection Bureau (CFPB), Office of the Comptroller of the Currency (OCC), etc. required
Experience in Financial Service, Mortgage Banking or Mortgage Insurance preferred
Demonstrated expertise in multiple industries or spend categories.
Demonstrated knowledge of vendor agreements, licensing, business models, markets and legal documents
Ability to think critically and understand levers for contract negotiation and purchasing power.
Ability to assess risk coupled with strong negotiating skills
Ability to deliver work on time and meet deadlines
Proven ability to build relationships internally and externally at all levels
Ability to observe trends and anticipate change for setting stra
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