Newrez LLC · 1 hour ago
Manager - Strategic Sourcing Commodity
Coppell, TX
Full-time
Onsite
Senior Level
5+ years expNewrez LLC is committed to exceeding the expectations of their residential mortgage borrowers and business partners through superior service. The Manager - Strategic Sourcing Commodity will identify and leverage corporate purchasing power within various indirect categories while partnering with internal business units to improve procurement quality, drive cost reduction, and manage supplier relationships.
FinanceFinancial Services
Responsibilities
Develop and manage relationships with internal Business Units
Drive early engagement, sourcing penetration, customer compliance and relationships with assigned Business Units
Guide sourcing projects within overall acquisition strategy, identify opportunities to reduce costs, create operational efficiencies, and assist in mitigating risk
Socialize sourcing / contracting processes to internal customers, recommend project approach and secure approvals from Business Units, Support Partners, and Executive Leadership as required
Formulate procurement and category-specific strategies, policies, and lead implementations, driving Business Unit compliance
Assist in developing product and service specifications according to best practices in cooperation with Business Units and Support Partners
Monitor category trends and conduct market research as needed
Conduct RFx activities, as necessary
Manage negotiation process with suppliers jointly with Business Units and Legal department
Manage supplier relationships in collaboration with Business Units and Vendor Management
Overall, manage all aspects of assigned Business Units, Categories and Contracts
Qualification
Required
Minimum 5-7 years' experience delivering category specific sourcing service, strategic sourcing, supplier / category management and compliance management
4 Year College Degree
Strong background and knowledge of expenditure analysis and Strategic Sourcing processes and practices
Ability to manage multiple projects and tasks effectively
Possess strong financial skills and knowledge of business law
Preferred
Financial Services experience a plus
Professional Procurement Qualification (CIPS / CPM or equivalent preferred)
MBA / JD and appropriate professional affiliations / preferred
eProcurement / eSourcing technology experience, in particular Workday and Conga skills a plus
Leading project teams experience desirable
Benefits
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Company
Newrez LLC
Newrez brings a unique combination of mortgage expertise, financial strength, and product innovation capabilities to the lending table.
5001-10000 employees
H1B Sponsorship
Newrez LLC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (8)
2024 (12)
2023 (41)
2022 (3)
2021 (2)
2020 (6)
Funding
Current Stage
Late StageLeadership Team
Joshua Bishop
Chief Operating Officer, Servicing
B
Bruce Williams
Vice Chairman
Recent News
2025-11-01
2025-11-01
Fight Colorectal Cancer
2025-10-31
Company data provided by crunchbase