Procurement Sourcing Specialist

Reposted 2 Days Ago
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Sydney, New South Wales, AUS
In-Office
Mid level
Fintech • Quantitative Trading
The Role
The Procurement Sourcing Analyst will manage procurement initiatives, conduct spend analysis, and optimize sourcing strategies to enhance value and efficiency in purchasing goods and services for the business.
Summary Generated by Built In

What you’ll do

Optiver is looking for a Procurement Sourcing Specialist to help enable the business’ strategy through sourcing supplier solutions. The Procurement function, drives strategic initiatives to ensure Optiver is buying goods and services 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 internal stakeholders to purchase goods & services which in turn add value to the business. To deliver this value you will work directly with suppliers to ensure the requirements, commercials and outcomes are meeting expectations.

You will also collaborate with other members of the Procurement team to analyze our spend, find areas where we can optimize costs by improving how we source and ensuring our suppliers can deliver the right outcome. 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.

As a Procurement Sourcing Specialist, your key responsibilities include:

  • Strategic sourcing & category support

    • Partner with business stakeholders to understand requirements for upcoming sourcing events.

    • Support or lead sourcing events from commercial and contractual negotiations, focusing on total cost of ownership, requirements and risk.

    • Conduct market and supplier research to identify sourcing opportunities, alternative suppliers and innovation

  • Supplier Relationship Management –Work with suppliers to remediate any issues in the supply chain that may impact goods and service fulfillment. Lead point on supplier commercial issues to ensure prompt resolution

  • Spend Analytics & Reporting – Review and analyse 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 – contribute to the Procurement processes in an effort to deliver efficiencies leveraging automation and AI.

 

Who you are

  • 4+ years’ experience in procurement, supply chain, operations, finance or management consulting

  • Strong attention to detail, diligence, and a high personal bar for quality and performance

  • Ability to manage multiple initiatives simultaneously in a fast-paced environment

  • Strong risk awareness, with the ability to identify and escalate issues appropriately

  • Proven ability to identify and improve operational inefficiencies

  • Comfortable working autonomously while collaborating across teams

  • Strong communication, organisational and analytical skills

  • Experience working in a complex, multifaceted business environment

  • Legal authorization to work in Australia (no sponsorship available)

 

What you’ll get

You’ll join a culture of collaboration and excellence, where you’ll be surrounded by curious thinkers and creative problem solvers. Driven by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, working collectively to tackle some of the most complex problems in the financial markets.

In return for your expertise, you will have access to a range of Optiver perks, including:

  • A performance-based bonus structure unmatched anywhere in the industry. We combine our profits across desks, teams and offices into a global profit pool, fostering a truly collaborative environment.

  • The chance to work alongside diverse and intelligent peers in a rewarding environment.

  • Training, mentorship and personal development opportunities.

  • Daily breakfast, lunch and an in-house barista.

  • Gym membership plus weekly in-house chair massages.

  • Regular social events, including a company trip every two years.

  • Guided relocation, a competitive relocation package and visa sponsorship where necessary.

 

Diversity statement

Optiver is committed to diversity and inclusion. We encourage applications from candidates of all backgrounds, and welcome requests for reasonable adjustments during the process.

Questions? Get in touch with the recruitment team at [email protected].


Skills Required

  • 2-4 years' experience in procurement, supply chain, operations, finance or management consulting
  • Strong attention to detail, diligence, and high personal standards
  • Ability to manage multiple initiatives in a fast-paced environment
  • Strong communication, organizational, and analytical skills
  • Legal authorization to work in Australia

Optiver Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Optiver and has not been reviewed or approved by Optiver.

  • Career-Linked Recognition & Rewards Pay is considered highly competitive in trading, quantitative, and engineering paths, with performance-linked bonuses that materially elevate total compensation. High performers receive differentiated rewards tied to impact.
  • Leave & Time Off Breadth Generous paid vacation alongside market holidays is a consistent component of the U.S. package. This breadth of leave is a notable element of the offering.
  • Healthcare Strength Comprehensive health coverage—including medical, dental, and vision—is prominently offered in U.S. roles, with indications that employee premiums are fully covered in some cases. Disability and life coverage further strengthen the core health benefits.

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The Company
HQ: Amsterdam
1,600 Employees
Year Founded: 1986

What We Do

Optiver’s story began over 30 years ago, when we started business as a single trader on the floor of Amsterdam’s options exchange. Today, we are at the forefront of trading and technology as a leading global electronic market maker, focused on pricing, execution and risk management.

Why Work With Us

People at Optiver love challenges, welcome collaboration, and strive to be better tomorrow than they are today. Improving the market is an extraordinary challenge that requires a carefully crafted approach. Optiver provides a collaborative working environment to tackle these challenges. In fact, it is this way of working that sets us apart.

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