[Remote] Sourcing and Procurement Sr. Specialist at Acorns

Remote

Acorns Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BiotechnologyIndustries

Skills

Key technologies and capabilities for this role

SourcingProcurementNegotiationVendor ManagementContract ReviewProposal AnalysisSoftware ProcurementMarketing ProcurementServices ProcurementInfrastructure ProcurementStrategy DevelopmentStakeholder ManagementProblem-SolvingCollaboration

Questions & Answers

Common questions about this position

Is this a remote position?

Acorns is a remote-first organization, offering flexibility to work remotely with optional access to office space in Irvine, CA.

What are the company's core values?

Acorns' values include Lead With Heart, Make Bold Decisions, Always Build Trust, Never Stop Growing, and Find a way, guiding their mission to deliver financial wellness.

What skills are needed for this role?

Ideal candidates thrive in fast-paced environments, balance strategy with detail, are resourceful, solutions-oriented, strong collaborators, skilled negotiators, adaptable, and committed to results.

What is the salary for this position?

This information is not specified in the job description.

What makes a strong candidate for this role?

Strong candidates thrive in fast-paced settings, manage strategy and details effectively, bring resourcefulness and fresh ideas to challenges, excel in collaboration and negotiation, adapt quickly, and deliver high-impact results.

Acorns

Micro-investing platform for everyday users

About Acorns

Acorns simplifies investing for everyday people, particularly those new to investing or preferring a hands-off approach. Its main product is a micro-investing platform that allows users to invest spare change from everyday purchases. For instance, if a user buys a coffee for $2.50, Acorns rounds up the purchase to $3.00 and invests the $0.50 difference. This makes investing accessible for those without large sums to invest upfront. Acorns also offers retirement accounts, checking accounts, and educational resources to help users make informed financial decisions. Unlike many competitors, Acorns operates on a subscription model, charging users a monthly fee based on the level of service. The company also partners with brands to provide cashback rewards that are automatically invested into users' accounts. Acorns aims to make investing easy and accessible, helping clients grow their financial knowledge and wealth.

Irvine, CaliforniaHeadquarters
2012Year Founded
$491.2MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Healthcare
401(k)
Equity
Competitive Compensation
Flexible Paid Time Off
Learning & Development
Wellness
Flexible Work Hours
Quarterly Team Outings
Personal Development Plans
Annual Compensation Reviews
Recognition

Risks

Increased BNPL usage among Gen Z may reduce their investment capacity with Acorns.
Unpredictable IPO market could affect Acorns' public offering plans and valuation.
Privacy concerns may hinder adoption of Acorns' payment solution for kids.

Differentiation

Acorns offers micro-investing by rounding up purchases to invest spare change.
Partnerships with Vanguard and BlackRock provide Acorns users access to diversified portfolios.
Acorns collaborates with financial experts like Suze Orman for trusted financial advice.

Upsides

Acorns plans to go public, potentially increasing its market presence and resources.
The 'great wealth transfer' could expand Acorns' user base among younger investors.
Collaboration with Google Wallet targets younger audiences, enhancing long-term customer retention.

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