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2026 Summer Internship – Strategic Sourcing

Newrez LLC
Newrez LLC Salary
Fort Washington, PA Full Time
POSTED ON 9/12/2025
AVAILABLE BEFORE 10/11/2025
Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function

FAST TRACK, Future Achievers Shaping Tomorrow Through Real-world Applied Career Knowledge, our summer internship program is 10 weeks long. The program provides rising seniors the opportunity for professional development by building relationships, gaining corporate experience, learning about our industry, and preparing students with the experience needed to have a rewarding career at our organization. The ideal candidate can see the big picture in any situation, has an entrepreneurial and process improvement mindset and can handle any situation with composure and empathy. We’re looking for assertive, well-spoken, and compassionate students who are dependable, service-minded, and results-oriented.

The Strategic Sourcing Intern will fully immerse in the day-to-day activities of our Procurement team who is responsible for obtaining the best suppliers for goods and services while aiming to reduce costs and improve quality.

Primary Responsibilities

  • Assist with preparing and maintaining procurement documentation (i.e. purchase orders, contracts, vendor files)
  • Support the creation of reports and presentations for procurement metrics and KPIs
  • Communicate with suppliers to gather quotes, confirm orders and track deliveries
  • Research and propose best practices, innovative approaches, notable programs of industry peers, etc.
  • Performs assigned duties, under direction of experienced personnel, to gain knowledge and experience
  • Performs business analyses and provides recommendations to leadership for business and process changes
  • Receives training and performs duties in several functions in order to become familiar with line and staff functions, management viewpoints, company policies, and best practices
  • Observes experienced team members to acquire knowledge of methods, procedures, and standards required for performance of departmental duties
  • Will be required to attend company sponsored training classes, activities, and events
  • Build relationships with employees and colleagues

Education And Experience Requirements

  • Currently pursuing a four-year college degree with a scheduled graduation date between Fall 2026 and Spring of 2027.
  • Degree in Supply Chain Management, Business Administration, Finance preferred.

Knowledge, Skill And Ability Requirements

  • Highly developed organizational and project/time-management skills with an ability to manage multiple priorities and meet multiple deadlines
  • Excel in a team-oriented, collaborative environment while contributing to the creation, design, and implementation of value-add business strategies that affect current operating practices and company policy.
  • Be able to clearly articulate and present ideas and findings to a varied audience, including the operations staff and senior leadership.
  • Excellent written and verbal communication skills
  • Proficiency in quantitative analysis
  • Ability to adapt
  • Willingness to learn
  • An entrepreneurial business mindset
  • Strong business communication skills with an ability to work well in a collaborative environment
  • Strong attention to detail and an ability to multi-task and work well individually
  • Strong skills in Excel and/or Tableau (charts, graphs, pivot tables, formulas, etc.)
  • Experience with Workday is a plus

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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