Director of Procurement

About the role

Pagaya is seeking a detail-oriented, creative, and multitasking individual to join our team as a Procurement Manager. The ideal candidate will be a people-oriented professional with a passion for efficiency and team management. In this role, you will be responsible for leading a team and managing all procurement activities. This includes developing purchasing strategies, maintaining positive relationships with suppliers, and coordinating with internal teams to meet their needs. Utilizing our best-in-class systems, you will support the entire procure-to-pay (P2P) process on a global scale. Your ultimate goal will be to deliver the lowest total cost, reduce procurement expenses, and maximize the company's ability to execute its plans. Responsibilitie Manage the procurement department fostering a culture of accountability and continuous learning. Monitor Procurement's KPIs and team development. Lead procurement as a strategic business lever. Develop and execute category strategies, optimizations and negotiations that directly enable company growth and savings for Israel and US sites. Identify and capture cost saving opportunities and optimizations without sacrificing speed, quality, or the team's ability to innovate. Own the negotiation strategy for our most critical category: Technology. Lead complex agreements for SaaS, enterprise licensing, and cloud services. Collaborate deeply with Finance, IT, BizApps, Engineering and Legal to ensure procurement decisions are synced with Pagaya's innovation agenda and company priorities. Establish and maintain top-tier relationships with global vendors. Negotiate contracts and manage ongoing service levels to ensure high-quality delivery. Oversee the end-to-end Purchase-to-Pay process within our procurement tools, ensuring consistent process adherence and an efficient purchasing experience for all internal stakeholders. Maintain global procurement policies and procedures that reflect our fast paced, high integrity environment.

Requirements

• 5+ years of experience in procurement roles, with a proven track record in leadership and team management positions.
• Deep experience in technological procurement within the Tech, SaaS, or Fintech industries is a must.
• Direct experience with marketplace and cloud infrastructure partners (AWS, GCP, and Azure). You must understand committed spend programs, enterprise discount structures, and co-sell/reseller arrangements.
• Expert-level ability to negotiate complex software, technology and other categories contracts.
• Hands-on experience with modern procurement and ERP platforms (preferably Zip and NetSuite) and a strong understanding of automated P2P workflows.
• BA/BS degree required; MBA preferred.
• Ability to navigate and lead across different time zones and cultures (US/Israel) with exceptional communication skills.
• Strong analytical capabilities including excel, AI tools
• Our Team
• Pagaya was founded in 2016 by seasoned research, finance, and technology entrepreneurs, and we are now 500+ strong in New York, Los Angeles, and Tel Aviv.
• We move fast and smart, identifying new opportunities and building end-to-end solutions from AI models and unique data sources. Every Pagaya team member is solving new and exciting challenges every day in a culture based on partnership, collaboration, and community.
• Join a team of builders who are working every day to enable better outcomes for our partners and their customers.
• Our Values
• Our values are at the heart of everything we do. We believe great solutions are built through a great community.
• Advance Inclusion - We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
• Be Accountable Together - We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.
• Continuously Learn - We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
• Debate and Commit - We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
• Dream Big and Act - We boldly tackle complex problems, pressure-test solutions in real-time, and adapt

Additional Information

About Pagaya Pagaya is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com .

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