Director, Procurement

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About Better.com:

We’re one of the fastest-growing homeownership companies in America. Why? Because we’re making homeownership simpler, faster — and most importantly, more accessible for all Americans.

By combining smarter technology with a desire to not just change one piece of the journey but the entire makeup of what it’s like to buy and own a home in this country, we’re building things that don’t exist yet. 

Better.com by the numbers: 

  • We fund $600 million in home loans per month
  • Nearly $5 billion in loans funded since our inception in 2016
  • 2 years running, we’re one of Crain’s “Best Places to work”
  • We’re #11 on Fortune’s Best Places to Work in NYC
  • And #964 on Inc.’s 2019 “5000 Fastest-Growing Companies” 
  • We’ve secured over $254 million from our investors to date 
  • ...and counting

We continue to outpace the industry at every turn. We’ve recently joined forces in partnership with Ally Bank. Plus, our backers have helped build some of the most transformative tech and finance companies in history. Kleiner Perkins, Goldman Sachs, IA Ventures, American Express, Citigroup, Activant Capital, and others have all invested in our vision of redefining the entire home buying journey.

A Better opportunity:

As Director of Procurement you’ll be a key member of the Finance team reporting to the Corporate Controller. This opportunity includes building a best-in-class, holistic Procurement function and overseeing vendor management and strategy implementation. You will support business leaders in evaluating new and existing vendor agreements and maintaining vendor relationships. You will also advise executive leadership on sourcing and procurement strategies that will directly impact our financial performance and support Better’s growth plans. As the Procurement lead, you will participate in the company’s annual forecasting and budgeting process to drive savings in key cost areas.

Responsibilities will include:

  • Design, implement and oversee a holistic vendor management strategy, including sourcing, negotiations, monitoring and reporting 
  • Drive commercial value across the company’s vendor population to achieve savings
  • Liaise with subject-matter experts to evaluate vendor capabilities and optimize vendor relationships to align with budget goals
  • Work with functions such as Accounting, IT, Compliance and Legal to enhance existing procurement systems, processes and policies
  • Evaluate and implement vendor management and procurement technologies to drive automation/efficiency
  • Implement, maintain and report metrics on the performance of Procurement across the company

About You:

  • [8]+ years of relevant work experience with a minimum of [5] years of functional expertise in Procurement
  • Experience evaluating “build/buy/lease” scenarios
  • Expertise in negotiating contracts, both at initial onboarding/deal signing and throughout the lifecycle of the relationship
  • Demonstrated cost savings as a result of procurement decisions, both at initial onboarding/identification of vendor as well as throughout lifecycle of the relationship
  • Strong collaborator with demonstrated ability to manage cross-functional processes
  • Experience using, implementing and integrating procurement and vendor management systems with a focus on SAAS license management tools
  • Budget management and planning experience

Things we value: 

  • Curiosity. Why? How? Repeat.
  • Nerdiness. Financial news and trends are fascinating. Seriously.   
  • Relentlessness. No one here gives up. We try. We fail. We try again.
  • Passion. If you don’t get excited about homeownership, mortgages, and real estate, it simply won’t work.
  • Smarts: book and street. We have to use all the tools at our disposal to build Better.
  • Empathy and Compassion. You understand that people's biggest dreams are in your hands.
  • Communication. Can you ask for help or put your hand up when you don’t understand?
  • Building. Doing. Making. Yes, we have to do a lot of thinking and talking to figure this stuff out, but you can’t wait to leave the conversation and build it.
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Location

Located in the heart of the financial district in NYC in the World Trade Center

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