CME Group

Senior Buyer

CME Group$81K — $135K *
Enterprise Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field.
  • 3-5 years of experience in procurement.
  • Experience with enterprise ERP systems, preferably Workday.
  • Strong interpersonal and communication skills.
  • Ability to analyze cost and usage trends.

Responsibilities

  • Drive end-to-end procurement for HR and Finance software and services.
  • Engage with HR and Finance to understand technical requirements and troubleshoot issues.
  • Manage post-purchase operations, including invoice and PO discrepancies.
  • Lead supplier governance, monitoring compliance and conducting business reviews.
  • Identify market trends and explore cost-saving opportunities across technology stacks.

Benefits

  • Comprehensive health coverage.
  • Retirement package including 401(k) and pension plan.
  • Education reimbursement provisions.
  • Paid time off and mental health benefits.
  • Annual target bonus opportunity and equity ownership options.
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 is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $81,100-$135,100. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

#LI-RP1

About CME Group

CME Group Inc. is a global markets company. It owns large derivatives, options and futures exchanges in Chicago and New York City using its CME Globex trading platforms. It also owns CME Clearing which provides settlement and clearing of exchange trades. The company offers trading in a wide range of products across various asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. CME Group was formed in 2007 through the merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT). The company is headquartered in Chicago, Illinois and has offices in New York City, London, Belfast, Tel Aviv, Dubai, Singapore, and Tokyo.
Learn more about CME Group
Size
3,480 employees
Market Cap
$60.2 billion
Industry
Net Income
$2.1 billion
Founded
1848
5 Year Trend
+5.5%
Revenue
$4.8 billion
NASDAQ

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