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Lead Buyer
@Radian Group
[Hiring] Lead Buyer @Radian Group
Mar 26, 2025 - Radian Group is hiring a remote Lead Buyer. 💸 Salary: $103,000 to $169,000. 📍Location: USA.
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Role Description
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.
- Drive Radian’s “Request For” (RFx) culture to ensure a variety of products and services are considered when partnering with the business.
- Oversee the entire contract management process, including contract negotiation, contract administration, and vendor relationships.
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.
Qualifications
- Bachelor's Degree or Equivalent Experience
- 10 years of prior work-related experience
- 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 strategy.
- Ability to translate market, product intelligence to customers and for setting strategy.
- Ability to identify and perform key financial analyses and build a business case.
- Certified Professional in Supply Management Preferred.
Requirements
- Work From Anywhere role meaning flexibility to work from home or another designated workspace.
- Additional flexibility to work on-site at a Radian office.
Benefits
- Competitive Compensation: anticipated base salary from $103,000 to $169,000 based on skills and experience.
- This position is eligible to participate in an annual incentive program.
- Eligible for 25 days of paid time off annually, prorated in the year of hire based on hire date.
- Eligible for 9 paid holidays + 2 floating holidays in support of DEI culture.
- Parental leave offered for all new parents.
- Comprehensive Health Benefits: Multiple medical plan choices, including HSA and FSA options, dental, vision, and basic life insurance.
- 401(k) with a top of market company match, immediately vested.
- Opportunity to participate in Radian’s Employee Stock Purchase Plan (ESPP).
- Homebuyer Perks program to help employees navigate home buying processes.
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| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
Back to Remote jobs >
All others
All others
|
Salary
💸
$103,000 to $169,000
|
Remote
Location
USA
|
|
Job Type
full-time
|
Posted
Mar 26, 2025
|
️
| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
