Procurement Specialist, It Services

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

Procurement Specialist for IT Services, focusing on SaaS, cloud, IT, co-location, and telecom. Responsibilities include end-to-end sourcing, vendor management, negotiation, RFP execution, and purchase order processing. Requires 5-10 years of experience with RFPs, MSAs, SOWs, strong negotiation skills, and proficiency in P2P systems.

What you'd actually do

  1. Collaborating with internal stakeholders to anticipate needs and manage renewals, ensuring alignment on key project requirements and expected outcomes
  2. Cultivating robust vendor partnerships through effective communication and ensuring supplier performance aligns with business goals
  3. Negotiating and redlining agreements in collaboration with our legal team
  4. Using creative negotiation strategies and tactics to engage with vendors and formulating contracts that encompass our needs while ensuring compliance and protection of our interests
  5. Executing full-cycle RFP processes, from development to bid analysis and award
  6. Efficiently issuing purchase orders and reconciling any invoicing discrepancies

Skills

Required

  • 5-10 years of related experience
  • Deep understanding of RFPs, MSAs, and SOWs
  • Exceptional communicator
  • Independent worker
  • Strong negotiator
  • Proficient with P2P systems (e.g., Oracle, Ariba, Coupa, Workday)

Nice to have

  • Can work effectively amidst complex and ambiguous scenarios
  • Can manage both strategic projects and operational tasks, like generating purchase orders
  • Wants to understand both the macro-level strategies and micro-level details of the procurement process
  • Flexible and willing to contribute to various categories or regions as needed

What the JD emphasized

  • end-to-end sourcing and procurement support for technology services
  • deep understanding of RFPs, MSAs, and SOWs
  • Strong negotiator