Associate, Procurement

Reposted Yesterday
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New York, NY
In-Office
75K-100K
Junior
Fintech
The Role
The Procurement Associate will manage purchase orders, assess suppliers, monitor vendor performance, and assist with logistics and invoice reconciliation.
Summary Generated by Built In

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities.

Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization. 

Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.

At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.

At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

We are seeking a highly organized and proactive Procurement Associate to support Tower’s Procurement operations in Americas while closely working with and supporting the global Procurement Team. 

Responsibilities:

  • Generating and managing purchase orders in alignment with stakeholder requisitions; track order status and proactively address delivery delays or product quality issues
  • Identifying and assessing prospective suppliers, solicit quotations, and negotiate optimal pricing and contractual terms
  • Collaborating with senior procurement leadership to monitor vendor performance and ensure adherence to service level agreements
  • Partnering with Project Managers and key stakeholders to align on technical requirements, budgets, timelines, and execution of procurement activities
  • Coordinating with vendors and Finance to reconcile invoices, resolve discrepancies, and ensure timely and accurate payment processing
  • Supporting data collection and analysis efforts related to cost optimization, vendor benchmarking, and strategic sourcing initiatives
  • Facilitating domestic and international shipments of IT, trading, and office equipment, with a primary focus on U.S. and Canadian operations
  • Collaborating with the Logistics Administrator to oversee the movement of technology assets and support deployments, RMAs, and decommissioning activities across the Americas
  • Assisting global Procurement team members with ad hoc projects aligned with departmental and organizational objectives, including support for global sourcing, policy updates, and system improvements

Qualifications:

  • Bachelor’s degree in Supply Chain, Logistics, Finance, or a related field
  • 2-5 years of experience in a procurement or logistics role, ideally within financial services, technology, or data center environments
  • Working knowledge of procurement and logistics platforms such as Oracle, SAP, Ariba, etc
  • Strong verbal and written communication skills
  • Exceptional organizational and multitasking abilities in a fast-paced environment
  • Proven experience with vendor coordination, invoice reconciliation, and cost tracking
  • Demonstrated ability to exhibit judgment and decision making skills

Anticipated annual base salary range is $75,000-100,000, plus eligible for discretionary bonus. 

Benefits:

Tower’s headquarters are in the historic Equitable Building, right in the heart of NYC’s Financial District and our impact is global, with over a dozen offices around the world. 

At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive – without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.

Our benefits include:

  • Generous paid time off policies
  • Savings plans and other financial wellness tools available in each region
  • Hybrid working opportunities
  • Free breakfast, lunch, and snacks daily 
  • In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more) 
  • Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)
  • Volunteer opportunities and charitable giving 
  • Social events, happy hours, treats, and celebrations throughout the year
  • Workshops and continuous learning opportunities

At Tower, you’ll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work – together.

Tower Research Capital is an equal opportunity employer.

Top Skills

Ariba
Oracle
SAP
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The Company
HQ: NEW YORK, NY
1,056 Employees
Year Founded: 1998

What We Do

Founded in 1998 by Mark Gorton, Tower Research Capital is a trading and technology company that has built some of the fastest, most sophisticated electronic trading platforms in the world.

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