Procurement Specialist, IT Services

Reposted One Month Ago
New York, NY, USA
In-Office
5-10 Annually
Senior level
Financial Services
The Role
The Procurement Specialist will manage sourcing and procurement for IT services, negotiate agreements, and ensure supplier performance.
Summary Generated by Built In
About the Position

We are looking to add a Procurement Specialist to our growing Global Procurement team. In this newly created role, you’ll provide end-to-end sourcing and procurement support for technology services in the Americas, which includes SaaS, cloud-based, IT, co-location, and telecom. 

Responsibilities of the role will include: 

  • Collaborating with internal stakeholders to anticipate needs and manage renewals, ensuring alignment on key project requirements and expected outcomes
  • Cultivating robust vendor partnerships through effective communication and ensuring supplier performance aligns with business goals
  • Negotiating and redlining agreements in collaboration with our legal team
  • 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
  • Executing full-cycle RFP processes, from development to bid analysis and award
  • Efficiently issuing purchase orders and reconciling any invoicing discrepancies
About You
  • 5-10 years of related experience, with a deep understanding of RFPs, MSAs, and SOWs
  • Exceptional communicator; can articulate complex procurement terms and conditions
  • An independent worker who is confident and effective, even when direction is limited
  • Can work effectively amidst complex and ambiguous scenarios
  • Strong negotiator; capable of both working collaboratively and leading project management activities
  • Can manage both strategic projects and operational tasks, like generating purchase orders
  • Proficient with P2P systems (e.g., Oracle, Ariba, Coupa, Workday)
  • 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

If you're a recruiting agency and want to partner with us, please reach out to [email protected].

Skills Required

  • 5-10 years of related experience in procurement
  • Deep understanding of RFPs, MSAs, and SOWs
  • Proficient with P2P systems like Oracle, Ariba, Coupa, Workday
  • Strong negotiation skills

Jane Street Compensation & Benefits Highlights

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

  • Healthcare Strength — Medical, dental, and vision coverage are offered at no cost for employees and dependents, with robust onsite care including primary care, physical therapy, and mental‑health therapy. Private onsite gyms and counseling resources further reinforce the health focus.
  • Parental & Family Support — Fully paid parental leave for all parents, with additional time for birth parents, is highlighted alongside expanded fertility benefits and well‑equipped nursing suites. These offerings position family support as a core element of the package.
  • Wellbeing & Lifestyle Benefits — Daily free meals and snacks, private onsite gyms, recreation spaces, and rich learning programs (including tuition reimbursement and company classes) elevate day‑to‑day quality of life. Onsite medical suites and speaker series add to the lifestyle and development mix.

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The Company
HQ: New York, NY
1,390 Employees
Year Founded: 2000

What We Do

Jane Street works differently. As a liquidity provider and market maker, we trade on more than 200 trading venues across 45 countries and help form the backbone of global markets. Our approach is rooted in technology and rigorous quantitative analysis, but our success is driven by our people. Our bright, beautiful offices in the heart of New York, London, Hong Kong, and Amsterdam are open and buzzing with conversation. We come from many backgrounds and encourage travel between offices to share perspectives. Some of our best ideas come from bumping into a visiting colleague at the office coffee bar. Markets move fast. Staying competitive as we’ve grown has required constant invention—of new trading strategies, technology, and processes. We’ve found this is easier when you hire humble, kind people. They tend to help each other, and prioritize teamwork over titles. We invest heavily in teaching and training. There’s a library and a classroom in every office, because deepening your understanding of something is considered real work. Guest lectures, classes, and conferences round out the intellectual exchanges that happen every day. People grow into long careers at Jane Street because there are always new and interesting problems to solve, systems to build, and theories to test. More than twenty years after our founding, it still feels like we’re just getting started.

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