Procurement Sourcing Specialist

Reposted 10 Hours Ago
Be an Early Applicant
Shanghai, Shanghai Municipality, Shanghai, CHN
In-Office
Mid level
Fintech • Quantitative Trading
The Role
The Procurement Specialist will lead sourcing initiatives, manage supplier relationships, analyze spending for optimization, and improve procurement processes through technology.
Summary Generated by Built In

Optiver is looking for a Procurement 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 analyse our spend, find areas where we can optimise 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.

What you’ll do:

As a Procurement Analyst, 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:
  • 2-5 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 initiatives simultaneously

  • Risk awareness with the ability to identify and escalate imminent risks

  • Ability to identify and resolve operational inefficiencies

  • Ability to work autonomously

  • Strong communication, organisational, and analytical skills

  • Experience working in a multifaceted business environment

Legal authorization to work in the China is required; we will not sponsor individuals for employment authorisation for this job opening


What you'll get:

  • The chance to work alongside diverse and intelligent peers in a rewarding environment
  • Competitive remuneration including an attractive bonus structure and additional leave entitlements
  • Training, mentorship and personal development opportunities
  • Daily breakfast, lunch and snacks
  • Gym membership, sports and leisure activities, plus weekly in-house chair massages
  • Regular social events, clubs and Friday afternoon drinks.

Diversity statement 

Optiver is committed to diversity and inclusion, and it is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.

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


Privacy disclaimer 

Optiver 重视个人信息的保护。请您在提供个人信息给我们之前,认真阅读Optiver China Privacy Notice, 了解我们如何收集及处理您的个人信息。

Personal information protection is of utmost importance to Optiver. Before you provide any personal information to us, we strongly urge you to read Optiver China Privacy Notice for acknowledging how we collect and process your personal information.

 


Skills Required

  • 2-5 years experience in Procurement, supply chain, operations, finance, or management consulting
  • Strong communication, organizational, and analytical skills

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: Chicago, IL
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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