Summer Intern Program – Procurement Analyst Intern– June 2023 to August 2023 (Virtual)
Job Description
Mr. Cooper's Homegrown 10-week, summer internship program offers college students the chance to discover what it's like to work at a leading financial services organization. Our interns deliver innovative solutions to real business challenges and build enduring relationships with their manager and an assigned mentor. While gaining insight into the industry, interns are immediately part of Mr. Cooper's collaborative culture. Spend your summer at Mr. Cooper and gain a career where you can make a difference!
Procurement is a key contributor to company growth as we are responsible for optimizing costs and delivering monetary savings to the business. The selected candidate will have the opportunity to participate in a program which supports many business channels (IT, Servicing, Originations / Lending, Finance, Legal, Corporate) that allows the intern to be exposed to multiple people and processes of the company. The intern will be offered the opportunity to work on a wide variety of projects ranging from analytics to hands-on production (contract drafting, issuing purchase orders).
The Procurement Analyst Intern will work with each category manager to ensure contracts are being executed in a timely manner, as well as assisting in identifying potential cost savings opportunities for each category.
Roles and Responsibilities:
Analyst will support the Procurement function while learning the basics of goods & services purchasing, supplier negotiations, contract management and execution and budgetary impacts of third party spend. Duties to include:
- Run Financial analysis for supplier spend
- Prepare Executive reporting
- Complete Special Projects – review expiring requests, inactivating expired contracts, take action on depleted purchase orders (increase spend or terminate) Manage contract repository and system of record
- Research and respond to Audit / Compliance requests Create training documents & workflows
- Update contract templates as required by Legal, Risk, Compliance, etc.
- Process low complexity requests (change orders, amendments, order forms, etc.)
Basic Qualifications:
- Be enrolled full-time and pursuing an undergraduate or graduate degree from an accredited college/university or have graduated within one year of internship start (June 2023)
- Be majoring in Supply Chain Management, Business Administration, or related business degree
- Must have an advanced understanding of Excel (PivotTables, Formulas, etc.)
- Must have already completed an entry finance, accounting, economics, or statistics course
- Candidates must have authorization to work permanently in the US without the need for sponsorship (Currently, our organization is unable to support candidates that are on OPT, CPT or candidates that will need sponsorship, now or in the future)
Preferred Qualifications:
- Previous internship experience
- Demonstrated organizational and communication skills
- Have excellent attention to detail
- Ability to prioritize and manage competing priorities
About Mr. Cooper Group
We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor, and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.
Mr. Cooper Group is committed to nurturing a diverse and inclusive environment where every employee is empowered to be their authentic self. We know that a large part of our success as a business is directly tied to our ongoing efforts to attract and retain diverse talent and maintain an inclusive environment where each employee can thrive. Embracing and leveraging diversity through an inclusive work environment fosters new ideas, new insights, and constant innovation. We strive to weave these principles of throughout the fabric of how we work, how we interact, and how we engage with our customers and the community.