Engineer I - Foundry (Wafer Foundry Management)

Job description

Are you looking for a unique opportunity to be a part of something great? Want to join a 17,000-member team that works on the technology that powers the world around us? Looking for an atmosphere of trust, empowerment, respect, diversity, and communication? How about an opportunity to own a piece of a multi-billion dollar (with a B!) global organization? We offer all that and more at Microchip Technology Inc. People come to work at Microchip because we help design the technology that runs the world. They stay because our culture supports their growth and stability. They are challenged and driven by an incredible array of products and solutions with unlimited career potential. Microchip’s nationally-recognized Leadership Passage Programs support career growth where we proudly enroll over a thousand people annually. We take pride in our commitment to employee development, values-based decision making, and strong sense of community, driven by our Vision, Mission, and 11 Guiding Values; we affectionately refer to it as the Aggregate System and it’s won us countless awards for diversity and workplace excellence. Our company is built by dedicated team players who love to challenge the status quo; we did not achieve record revenue and over 30 years of quarterly profitability without a great team dedicated to empowering innovation. People like you. Visit our careers page to see what exciting opportunities and company perks await! Job Description: Position Summary The Engineer I – Foundry (Wafer Foundry Management) role develops early-career talent to support Microchip’s foundry strategy, supplier competitiveness, cost management, and supply resiliency. This position translates pricing, contract terms, market data, and Business Unit needs into insights that support supplier negotiations and leadership decisions. Key Responsibilities Commercial Governance and Contract Readiness Maintain agreements, NDAs, renewals, and negotiation records. Track milestones, pricing updates, terms, and supplier commitments. Coordinate Legal and cross-functional reviews. Prepare negotiation packages with terms, benchmarks, and decision points. Cost Management and Negotiation Support Analyze wafer, mask, and NRE costs for sourcing and negotiations. Provide cost guidance for planning, margins, and platform decisions. Evaluate supplier pricing and identify cost or leverage opportunities. Support price reviews with trend analysis and negotiation materials. Track special pricing, rebates, and negotiated value. Business Unit and Technology Roadmap Support Support cost estimates, platform evaluations, streamout pricing, resiliency, and sourcing options. Support RFI/RFQ activities for new technologies and suppliers. Executive Reporting and Decision Support Generate price trend reports and dashboards. Maintain pricing scorecards for management visibility. Support mask spend forecasting and budget planning. Track savings and value creation from negotiations and sourcing initiatives. Supply Resiliency and Risk Management Assess supply resiliency across key technologies, suppliers, and dependencies. Support risk mitigation to improve supply continuity. Requirements/Qualifications: Education and Foundation Master’s degree in Electrical Engineering, or bachelor’s degree in Electrical Engineering with an MBA. 0-2.5 years of professional experience. Technical and Analytical Capability Foundational understanding of semiconductor manufacturing. Basic understanding of supply chain, sourcing, and supplier operations. Strong quantitative and business insight skills. Excel proficiency for financial modeling and cost analysis. Tableau experience is a plus. Business Judgment and Commercial Orientation Interest in negotiations, supplier strategy, sourcing, and business operations. Ability to interpret pricing data and frame business implications. Strong attention to detail, ownership, and follow-through. Communication Excellent written and verbal communication skills. Comfortable working with cross-functional teams, suppliers, and stakeholders. Travel Time: 0% - 25% Physical Attributes: Hearing, Seeing, Talking, Works Alone, Works Around Others Physical Requirements: 80% sitting, 10% standing, 10% walking, 100% inside Microchip Technology Inc is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. For more information on applicable equal employment regulations, please refer to the Know Your Rights: Workplace Discrimination is Illegal Poster. To all recruitment agencies: Microchip Technology Inc. does not accept unsolicited agency resumes. Please do not forward resumes to our recruiting team or other Microchip employees. Microchip is not responsible for any fees related to unsolicited resumes.