Lead Buyer
$97,700–$97,700 year
HybridRockville, Maryland, United States
Job Summary
Evaluate potential suppliers and manage end-to-end RFx, selection, and procurement processes to meet business needs. Draft, review, and conduct negotiations to establish favorable contracts and pricing terms with vendors. Manage the full purchase cycle from requests for proposals to purchase orders while ensuring compliance with FINRA's procurement policies and regulatory requirements. Monitor market trends and commodity pricing to identify cost-saving opportunities and prepare budgetary reports. Maintain relationships with key suppliers to ensure quality, cost, and delivery standards are met. Provide guidance and training to junior team members.
Required Qualifications
- Bachelor's degree in business, finance, supply chain management, or related field
- Minimum of seven (7) years of hands-on procurement or strategic sourcing experience
- Experience 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
- Knowledge of financial industry regulations and compliance requirements
- Valid written agreement and task order (for search firm representatives)
Desired Qualifications
- Workday experience
- Professional procurement certification (CPSM, CPM, CPIM, or equivalent)
- Formal project management training or certification (PMP, CAPM, etc.)
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