Procurement Specialist

Reposted 9 Hours Ago
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Palo Alto, CA, USA
In-Office
196K-294K Annually
Senior level
Financial Services
The Role
The Procurement Specialist will drive strategic sourcing and negotiation, manage contracts, ensure compliance with regulations, and enhance decision-making using AI tools to support a fast-growing business.
Summary Generated by Built In

About Us

Nu is one of the largest digital financial platforms in the world, with more than 127 million customers across Brazil, Mexico, and Colombia. Guided by our mission to fight complexity and empower people, we are redefining financial services in Latin America and this is still just the beginning of the purple future we're building.

Listed on the New York Stock Exchange (NYSE: NU), we combine proprietary technology, data intelligence, and an efficient operating model to deliver financial products that are simple, accessible, and human.

Our impact has been recognized by global rankings such as Time 100 Companies, Fast Company’s Most Innovative Companies, and Forbes World’s Best Bank. Visit our institutional page https://international.nubank.com.br/careers/  
Our Procurement team

Our Procurement team exists to support, influence, and challenge business decisions by delivering value across end-to-end sourcing processes through long-term, sustainable partnerships, enabled by efficient, agile, and innovative ways of working.

Our ambition is bold: to build one of the best and least bureaucratic Procurement teams in the technology space, driving cost efficiency through strategic partnerships and a highly skilled, diverse, and engaged team.

About the role

We are looking for a Procurement Specialist to help accelerate Nubank’s business expansion in the United States. This role can be based in Palo Alto, California, or Miami, Florida.

You will act as a key partner to the business, helping shape sourcing and contracting decisions with a strong focus on financial impact, risk mitigation, process efficiency, and early adoption of AI in Procurement routines. You will report to the Senior Manager of Procurement and will work across contracts and multiple categories in a highly cross-functional environment.

This is an exciting opportunity for someone who enjoys combining strategic thinking with hands-on execution, navigating local market dynamics and regulatory requirements, and building scalable solutions that support a fast-growing business. We are looking for someone who is energized by using AI and digital tools to improve visibility, decision-making, stakeholder experience, and vendor performance management.

You will be responsible for

  • Developing robust negotiation strategies and cost targets by leveraging market dynamics, benchmarks, and key category trends.
  • Managing strategic and relevant sourcing categories while building strong relationships with internal stakeholders and suppliers.
  • Leading and supporting sourcing and contracting initiatives that strengthen financial outcomes, improve existing processes, and enable business scalability.
  • Acting as a trusted Procurement partner for US business needs, ensuring local demands and contracting approaches are aligned with applicable regulatory and legal requirements.
  • Driving consistency and high-quality execution across contracting and supplier management practices, while influencing stakeholders across functions and geographies.
  • Identifying risks early and implementing mitigation strategies throughout the sourcing and contract lifecycle.
  • Using data, technology, analytical tools, and AI-enabled solutions to improve category management, decision-making, and Procurement visibility.
  • Driving early adoption of AI in Procurement routines, using AI tools to optimize team workflows, increase productivity, and improve the quality and speed of execution.
  • Leveraging AI and digital solutions to support performance management across routines, stakeholder interactions, supplier governance, and vendor relationship management.
  • Building and maintaining dashboards and visual management mechanisms that provide clear visibility into financial impact, risks, deadlines, pipeline status, and sourcing performance.
  • Analyzing budgets, spending patterns, supplier opportunities, and operational signals to uncover efficiency gains and better commercial outcomes.
  • Contributing to continuous improvement initiatives that simplify processes, reduce friction, and strengthen Procurement’s operating model.

We are looking for someone who has

  • 5+ years of experience in Procurement, Strategic Sourcing, Vendor Management, or Contract Management, ideally in fast-paced, technology-driven, or highly regulated environments.
  • Strong negotiation and sourcing skills, with the ability to balance business ambition, commercial value, and risk management.
  • Experience working across multiple categories and managing contracts in partnership with Legal, Finance, and business stakeholders.
  • Strong business judgment and analytical skills, with the ability to translate data into practical recommendations and action plans.
  • Experience using AI tools and digital solutions to improve routines, productivity, quality of deliverables, and visibility for decision-making.
  • Experience building, structuring, or using dashboards and visual management tools to track financial impact, risks, deadlines, and performance.
  • A hands-on mindset and a genuine interest in improving processes, creating scalable solutions, and increasing operational efficiency.
  • Excellent communication and stakeholder management skills, with the ability to influence clearly and objectively across seniority levels.
  • Strong prioritization and project management skills, with the ability to navigate ambiguity and move quickly without losing quality.
  • Advanced proficiency in English.

Why this role is special

This is a high-impact role for someone who wants to help build Procurement capabilities in a strategic growth market while helping shape a more AI-enabled way of working. You will have the chance to work on meaningful business decisions, influence cross-functional stakeholders, strengthen vendor and stakeholder management through smarter routines, and help design scalable processes that combine speed, governance, financial discipline, and better visibility of risks and deadlines.

Location for this opportunity 
  • Palo Alto, United States
Our Benefits
  • Total compensation includes base salary, RSUs and benefits. Base salary range: $117.000 - $176.000
  • Opportunity of earning equity at Nu
  • Medical Insurance
  • Dental and Vision Insurance
  • Life Insurance and AD&D
  • Extended maternity and paternity leaves 
  • Nucleo - Our learning platform of courses
  • NuLanguage - Our language learning program
  • NuCare - Our mental health and wellness assistance program
  • 401K
  • Saving Plans - Health Saving Account and Flexible Spending Account
  • Work-from-home Allowance
  • Relocation Assistance Package, if applicable.
Work Model for this Role
  • Hybrid 2-3 times/week: Our hybrid work model brings us to the office at least twice a week, on strategic days designed to maximize team connection and collaboration. For more details, visit https://building.nubank.com/nu-hybrid-work-model/ 

Skills Required

  • 5+ years of experience in Procurement, Strategic Sourcing, Vendor Management, or Contract Management
  • Strong negotiation and sourcing skills
  • Experience working across multiple categories and managing contracts
  • Experience using AI tools and digital solutions
  • Advanced proficiency in English

Nubank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Nubank and has not been reviewed or approved by Nubank.

  • Fair & Transparent Compensation Compensation is considered competitive, especially for tech roles in Brazil/LatAm, with strong top‑of‑band packages reported for senior and product/design positions. Salaries are often described as good, contributing to broadly positive pay sentiment.
  • Equity Value & Accessibility Equity opportunities (typically RSUs) are widely available across postings and regarded as a meaningful component of total compensation. This equity element strengthens overall packages, particularly for technical and product roles.
  • Parental & Family Support Parental leave is extended and gender‑neutral across countries, with additional childcare support and parental counseling in Brazil. These family‑focused policies enhance the perceived value of the benefits package.

Nubank Insights

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The Company
HQ: São Paulo, São Paulo
13,649 Employees
Year Founded: 2013

What We Do

Nu was born in 2013 with the mission to fight complexity to empower people in their daily lives by reinventing financial services. We are one of the world’s largest digital banking platforms, serving more than 70 million customers across Brazil, Mexico, and Colombia. As one of the leading technology companies in the world, Nu leverages proprietary technologies and innovative business practices to create new financial solutions and experiences for individuals and SMEs that are simple, intuitive, convenient, low-cost, empowering, and human. Guided by its mission, Nu is fostering access to financial services across Latin America.

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