7718 Quantitative finance Jobs

Date Posted:

2024-08-26

Country:

United States of America

Location:

MA600: Andover, MA 366 Lowell St 366 Lowell Street , Andover, MA, 01810-5423 USA

Position Role Type:

Onsite

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world.  

Our Supply Chain organization has an opportunity for a procurement professional who thrives in a dynamic environment. You will be a part of high-level activity and collaborative environment as part of our Engineered Items Commodity team. In this role, you will be responsible for the overall procurement activities for material supporting the Raytheon business unit. You will work very closely with external suppliers as well with internal customers and functional areas to support a broad portfolio of programs across Raytheon. 

What You Will Do:

• Review drawings, specifications and purchase history to determine sourcing strategy.
• Prepare and issue RFQs (requests for quotes) to suppliers, follow-up to assure understanding.
• Review quotes, analyze results and determine negotiation plans / strategies as well as addressing any exceptions to flow downs, specifications, quality notes or Raytheon terms and conditions requirements.
• If applicable work with supplier to prepare cost and pricing data in preparation for CAPA review in accordance with TINA
• Formally document purchase orders including details of summary of award; source justification; price analysis methodology; negotiation strategy and summary; performance to budget / target; and risk assessment in accordance with all regulatory (FAR/DFAR) requirements
• Perform routine post-award management activities including PO acknowledgement, delivery status (upkeep PO notes), expedites, risk mitigation, receiving issues and invoice issues.
• Significant supplier interaction in collaboration with Program Integrated Product Teams (IPTs)
• May be required to participate in supplier development activity.
• Able to support travel (up to 25%)

Qualifications You Must Have:

• Typically requires Bachelor’s degree and 5 years of prior relevant experience OR an Advanced degree and 3 years of relevant experience.
• This position requires either a U.S. Person or Non- U.S. Person who is eligible to obtain any required Export Authorization.

Qualifications We Prefer:

• Experience reviewing drawings, specifications and purchase history to determine sourcing strategy
• Experience preparing and issuing RFQs (requests for quotes) to suppliers, follow-up to assure understanding
• Experience documenting purchase orders including details of summary of award; source justification; price analysis methodology; negotiations strategy and summary; performance to budget/target; and risk assessment

What We Offer:

Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.

Learn More & Apply Now!

RTX solves some of the toughest challenges in aerospace and defense. That requires expansive thinking and bold innovation – and that, in turn, requires a culture that is diverse, equitable and inclusive.

We embrace individuality and diversity of thought to fuel opportunity for our employees, our customers, and our communities. We work toward progress, knowing that a more inclusive world is critical to our mission. Not just in this moment, but always.

The salary range for this role is 77,000 USD - 163,000 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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