Company

Open Positions

Be a part of the modern card issuing revolution

FP&A
United States
Marqeta on the Forbes Fintech 50

Director, Purchasing

Marqeta powers innovative payment solutions for many of the apps and services you enjoy daily. Our open API provides unprecedented flexibility and control for industry-leading companies such as Uber, Coinbase, J.P.Morgan, and Block, to manage payment operations in real-time. 

Our team is a mix of industry experts and technology innovators who take a dynamic approach to solving challenging problems. Marqeta was named a 2022 Glassdoor Best Place to Work, highlighting our company culture and collaborative work environment. We are building a global team as diverse as the markets we serve and we’d love it if you joined us on our mission to change the way money moves. 

We’re a remote-first company. You have the choice to work from wherever you’re happiest and most productive, whether that’s from home, a co-working space, or one of our four global offices, depending on your location. It’s uncommon for candidates to match all job requirements, but if you’re not far off, we want to hear from you.

Position Summary

Marqeta seeks a seasoned Director of Purchasing to join the growing Finance team. The goal is to enhance the procurement and purchasing process, optimize controls, and reduce operating costs. In this role, you will be the primary leader for Marqeta’s procurement function and act as a liaison with your internal customers (the cross-functional business stakeholders) as well as external third-party partners (vendors and suppliers). You will build and maintain strong cross-functional relationships with transparency to ensure synergies that lead to efficiencies across the Revenue, Accounting, FP&A, Accounts Payable and Legal teams.  You will oversee, negotiate and manage contracts with all of Marqeta’s vendors and suppliers. 

Being a leading innovator in the payments card processing business, Marqeta is experiencing exponential growth. The Finance team strives to be the “back-seat driver” to support and guide the management team through such high pace growth. We are building efficient and responsive processes, implementing new systems and tools, and expanding the partnership with both internal and external customers. As part of a small team, you will have a great opportunity to own these activities and develop a rewarding career as the company expands. 

The ideal candidate should possess a solid background in the procurement, vendor management and purchasing function. Strong contract understanding and negotiation skills, knowledge in accounting and finance processes, and experience with ERP and planning systems are important to the success of this role. Furthermore, we are looking for candidates who have a keen sense of ownership, being adaptive to a fast changing environment, and a high curiosity to learn about the business and products.

What You'll Do

  • Assesses, suggests recommendations for, and develops a sourcing strategy for the entire Company and designs procedures for best practices and standards in vendor relationship management 
  • Develops and implements a contract management strategy to support the service needs of the Company. Promotes competition among Vendor community
  • Determines and assists with budgetary needs for designated departments
  • Offers oversight of all purchases in compliance with the procurement procedures and policies
  • Identifies optimization potential and formulates strategies that deliver the greatest total cost of ownership through continuous spend analysis 
  • Develops an understanding of cost drivers of contracts in managed spend categories, identifies opportunities for cost reduction, and converts to savings
  • Analyzes performance of suppliers and develops improvement actions
  • Engages with existing suppliers to negotiate costs and lead times to support the needs of the Company
  • Develops long-term partnerships with vendors who meet Company’s strategic planning goals

What We're Looking For

  • BS/BA degree 
  • At least 12 years of sourcing and procurement operational experience, preferably in a rapidly growing/evolving environment, with prior experience in SaaS tools/licenses, IT Hardware and Managed Services
  • Seasoned understanding and capability to identify and negotiate critical contractual clauses
  • Proven ability to analyze and synthesize critical information
  • Demonstrated ability to identify business process inefficiencies and drive process improvements
  • Motivated self-starter with great interpersonal and communication skills

Benefits and Perks

  • Flexible time off – take what you need
  • Retirement savings program with company contribution
  • Employee insurance premiums paid 100% + coverage for dependents and pets
  • Family forming benefits including fertility support and up to 20 weeks Parental Leave
  • Free therapy sessions, financial coaching, and a Wellness stipend
  • Monthly stipend to support our hybrid work model 
  • Equity in a publicly-traded company
  • Bi-annual “Hack Week” to support and reward innovation

Learn more about Marqeta on our Website, Twitter and LinkedIn.

As part of our dedication to the diversity of our workforce, Marqeta is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant on any legally-recognized protected basis under federal, state or local laws, regulations or ordinances.

Our Applicant and Candidate Privacy Notice applies to the personal data that you directly provide to us or that we collect during the application and candidate recruitment process.

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