Indirect Procurement Specialist

at Jane Street · Quant · New York, NY · Procurement

Jane Street is seeking an Indirect Procurement Specialist to support internal teams with sourcing, procurement, and contract negotiation. The role involves managing RFPs, analyzing bids, negotiating agreements with suppliers, raising purchase orders, overseeing invoicing, and building supplier relationships. The ideal candidate will have over 5 years of procurement experience, strong project management and negotiation skills, and experience with P2P systems.

What you'd actually do

  1. provide sourcing and procurement support to several of Jane Street’s other internal teams, including Office Administration, HR, Travel, Recruiting, Creative Engagement, Accounting, and Facilities.
  2. plan an approach for upcoming needs and renewals, understand key requirements and expected outcomes for each project, develop and lead RFPs, and analyze and level bid responses.
  3. Negotiating agreements with suppliers will be a key focus of the role, ensuring that a contract encapsulates all of our requirements in collaboration with our Legal team.
  4. raise purchase orders and oversee any invoicing discrepancies.
  5. oversee supplier communications and work with stakeholders to build strong supplier relationships.

Skills

Required

  • Procurement experience
  • RFP management
  • MSA and SOW understanding
  • Project management
  • Negotiation
  • Communication (written and verbal)
  • P2P systems experience
  • Contract analysis and redlining

Nice to have

  • Travel category management experience

What the JD emphasized

  • 5+ years of related procurement experience
  • deep understanding of RFPs, MSAs, and SOWs
  • proven leader with experience overseeing complex projects
  • Excellent written and verbal communicator
  • A self-starter who requires minimal supervision
  • Resourceful and comfortable navigating through ambiguity
  • Strong negotiator, collaborator, and project manager
  • Effective at managing large sourcing projects and daily transactional workload
  • Experienced with creating POs with P2P systems (e.g., Oracle, Ariba, Coupa, Workday)
  • Comfortable analyzing and redlining contracts
Read full job description

About the Position

We are looking for an Indirect Procurement Specialist to help our Procurement team provide sourcing and procurement support to several of Jane Street’s other internal teams, including Office Administration, HR, Travel, Recruiting, Creative Engagement, Accounting, and Facilities.

You’ll work closely with stakeholders to plan an approach for upcoming needs and renewals, understand key requirements and expected outcomes for each project, develop and lead RFPs, and analyze and level bid responses. Negotiating agreements with suppliers will be a key focus of the role, ensuring that a contract encapsulates all of our requirements in collaboration with our Legal team.

Once a contract is completed, you will raise purchase orders and oversee any invoicing discrepancies. Throughout this process, you’ll oversee supplier communications and work with stakeholders to build strong supplier relationships.

We’re looking for an independent and organized individual who can jump into the work to make an immediate impact. The right person for this role will have strong interpersonal skills and enjoy working with people from all different backgrounds.

About You

  • Have 5+ years of related procurement experience, including a deep understanding of RFPs, MSAs, and SOWs
  • A proven leader with experience overseeing complex projects
  • Excellent written and verbal communicator
  • A self-starter who requires minimal supervision
  • Resourceful and comfortable navigating through ambiguity
  • Strong negotiator, collaborator, and project manager
  • Effective at managing large sourcing projects and daily transactional workload
  • Experienced with creating POs with P2P systems (e.g., Oracle, Ariba, Coupa, Workday)
  • Comfortable analyzing and redlining contracts
  • Have a desire to understand the big picture as well as the intricate details
  • A flexible team player; willing to support other workflows and categories as needed
  • Travel category management experience is preferred

If you're a recruiting agency and want to partner with us, please reach out to agency-partnerships@janestreet.com.