at CME Group
OtherPosted 14 days ago
No clicks
**Senior Buyer** spearheads HR and Finance tech purchases at CME Group. Orchestrating end-to-end procurement, they lead competitive bidding, optimize vendor strategies, resolve procurement issues, and streamline post-buy operations. Proficient in ERP systems like Workday, this 3-5 years experienced Senior Buyer bridges tech specs and contract terms, driving savings and efficiencies. Must-haves include strong interpersonal skills, proficiency in Microsoft 365/Google Workspace, and a Bachelor's degree.
- Compensation
- $81,100 – $135,100 USD
- City
- Chicago
- Country
- United States
Currency: $ (USD)
Full Job Description
The Senior Buyer processes technology contracts and purchases based on departmental needs, focusing primarily on supporting HR and Finance technology solutions (enterprise software, SaaS, and implementation).
As a self-starter and proactive problem solver, the Sr. Buyer leads successful vendor negotiations by establishing competitive bidding environments, elevating new and incumbent supplier relationships, analyzing cost and usage trends, adhering to procurement policies, and effectively partnering with internal stakeholders across HR, Finance, Legal, and Third Party Risk Management. Strong interpersonal and communication skills are essential to bridge technical specifications with commercial and contractual terms.
Principal Accountabilities:
Technology & Enterprise Sourcing: Drive end-to-end procurement processes for HR and Finance software, platforms, and related services. Solicit and evaluate domestic and international proposals using negotiation and total cost of ownership.
Stakeholder Engagement & Problem Solving: Serve as a consultative partner to HR and Finance to understand current and future technical requirements, independently troubleshoot procurement bottlenecks, and recommend optimal vendor strategies.
Post-Buy & Financial Operations: Manage post-buy functions, including handling complex invoice-versus-PO discrepancies in collaboration with Accounts Payable and Finance.
Supplier Governance & Relationship Management: Lead supplier governance (quarterly business reviews, scorecards, roadmap alignment), monitor vendor compliance, and evaluate cross-functional processes among procurement, business units, and suppliers.
Process Optimization: Continuously monitor market trends and identify cost-saving or operational efficiency opportunities across corporate tech stacks. Complete deal summaries and pipeline dashboards as required.
Software & Systems Requirements:
Proficient with Microsoft 365 and/or Google Workspace suite.
Required/Preferred: Prior experience with enterprise ERP systems, specifically Workday
Qualifications:
Bachelors Degree
3-5 year of relevant experience within a procurement organization
#LI-RP1
CME Group: Where Futures are Made
CME Group is the worlds leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And were looking for more.
At CME Group, we embrace our employees' unique experiences and skills to ensure that everyones perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.
Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.
Location: Chicago - 20 S. Wacker
Time Type: Full time
