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About the Role
Opendoor is seeking a Procurement Specialist to manage commercial execution for indirect spending, focusing on IT/SaaS and other categories. This role involves driving contracts from intake to signature, negotiating favorable terms, assessing risk, and improving procurement processes using tools, automation, and AI. The specialist will collaborate with various departments to enhance contract velocity, spend visibility, compliance, and vendor performance.
Responsibilities
- Lead end-to-end commercial negotiations across indirect-spend categories, balancing price, flexibility, protections, and appropriate risk.
- Negotiate and manage a range of agreement types, including MSAs, SOWs, order forms, and SaaS agreements.
- Proactively address commercial issues such as payment terms, auto-renewals, usage-based pricing, termination rights, SLAs, service credits, and price increases.
- Apply established procurement and Legal contract-review guardrails so routine matters move efficiently, while material legal, privacy, financial, or operational risk is escalated early with a clear recommendation.
- Manage P2P and S2C workflows in Ramp or comparable procurement platforms; process requests and POs while maintaining momentum on contracts.
- Partner with Finance, Legal, IT, and business teams to improve spend visibility, vendor compliance, and supplier performance.
- Identify opportunities to use automation and AI responsibly for contract review, templating, high-level risk review, and procurement-workflow improvement.
Requirements
- Demonstrated experience owning indirect procurement and commercial-contract decisions from intake through signature in a fast-moving environment.
- Experience across multiple contract types and a working command of commercial terms, including payment terms, renewals, usage-based pricing, limitation of liability, indemnification, data protection/DPAs, IP ownership, SLAs, service credits, and termination rights.
- A track record of negotiating meaningful commercial improvements, managing cost and renewal exposure, and making sound risk tradeoffs.
- Experience with a procurement platform or purchasing system.
- Strong commercial judgment: ability to distinguish routine commercial decisions from issues requiring Legal, Finance, or leadership involvement.
- High ownership and bias for action: ability to manage ambiguous, high-volume work, set priorities, and keep stakeholders accountable for momentum.
- Clear written and verbal communication, with the ability to translate complex contractual issues into practical business decisions.
- Comfort using—or genuine curiosity about using—AI responsibly to improve procurement processes and contract work.
Skills
- Procurement
- Commercial Negotiations
- Contract Management
- Risk Assessment
- IT/SaaS Procurement
- Vendor Management
- P2P Workflows
- S2C Workflows
- Ramp Platform
- NetSuite Platform
- Automation
- AI in Procurement
- Spend Visibility
- Compliance
- Supplier Performance
- Commercial Judgment
- Communication
Location
- In-office
Work Type
- Full-time
- On-site
Experience Level
- Mid-level
About the Company
- Opendoor is scaling a technology-forward business.