Procurement Analyst

Optiver is looking for a Procurement Analyst to help enable and advance the business’ technology strategy in an operationally sound and cost-effective manner. The Procurement function drives strategic initiatives to ensure Optiver is buying goods and serv ices in the most efficient way at the most competitive prices. We firmly believe in balancing a safe, orderly production environment with profitability and sustainable growth.

As a member of the Procurement team, you will individually drive a variety of purchasing initiatives, working with both internal and external stakeholders to purchase goods and services, reconcile our spend and be a steward of Procurement and Finance controls, and ensure that procurement processes operate efficiently and add continually add more value to the business. You will also collaborate with other members of the Procurement team to analyze our spend and find areas where we can optimize costs by improving how we buy critical tech components, determining what the optimal price point is for needed goods and services. If you are interested in gaining experience in both the business and technical sides of a market making trading firm while gaining Procurement experience, this role will provide that opportunity.

What you’ll do:

As a Procurement Analyst, your key responsibilities include:

• Daily Procurement Operations – Purchase goods and services needed by the business - working with A/P, Legal, technical teams, and vendors to procure hardware, software, and services in a standardized fashion. Lead proactive communication with internal stakeholders with updates on expected timelines and progress of purchase requests
• Reconciliation Process – Own the reconciliation processes of all procurement-owned
• Investigate and dispute any discrepancies in a streamlined manner. Liaise with Finance, Accounts Payable & Tax to ensure we are paying the right amounts, to the right vendors, at the right time
• Vendor Relationship Management –Work with vendors to remediate any issues in the supply chain that may impact goods and service fulfillment. Lead point on vendor billing-related issues to ensure prompt resolution
• Spend Analytics & Reporting – Review and analyze spend to identify trends, patterns, and areas for cost optimization. Create value-add metrics from our spend data to share with owners, to ultimately equip the business for better decision-making
• Process Development – Design and implement continuous updates to the Procurement and reconciliation processes in an effort to make the process more efficient and mature. Identify inefficiencies and build project plans to address and improve user experience
  
  
  

What you’ll get:

You’ll join a culture of collaboration and excellence, surrounded by curious thinkers and creative problem-solvers. Motivated by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, collectively tackling some of the toughest challenges in the financial markets.

In addition, you’ll receive:

• The opportunity to work alongside best-in-class professionals from over 40 different countries
• Highly competitive compensation package including performance-based bonus structure
• 401(k) match up to 50%
• Comprehensive health, mental, dental, vision, disability, and life coverage
• 25 paid vacation days alongside market holidays
• Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more
  
  
  

Who you are:

• A Bachelor’s Degree
• 0-2 yrs experience in procurement, supply chain, operations, finance or management consulting
• Attention to detail, diligence, and a high personal bar for performance expectations
• The ability to multitask and manage multiple processes simultaneously
• Strong risk awareness and the ability to identify and escalate imminent risks
• Ability to identify and resolve operational inefficiencies
• Ability to work autonomously
• Strong communication, organizational, and analytical skills
• Experience working in a technical environment
• Legal authorization to work in the U.S. is required; we will not sponsor individuals for employment authorization for this job opening
  
  
  

Who we are:

At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilizing the market no matter the conditions. With a focus on continuous improvement, we prioritize safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100 exchanges across the globe.

Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.

Below is the expected base salary for this position. This is a good-faith estimate of the base pay scale for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for a discretionary bonus (if determined by Optiver) and Optiver’s benefits package with the benefits listed above.

Base Salary Range

$80,000—$105,000 USD