Procurement Specialist

Posted 5 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
Entry level
Financial Services
The Role
Procurement interns learn to source goods and services globally, develop RFPs, negotiate with vendors, compare quotes, manage inventory, issue purchase orders, coordinate logistics, and analyze spend data. The role also supports process efficiency improvements and sourcing research while working closely with mentors and cross-functional teams.
Summary Generated by Built In
About the position

Our goal is to give you a real sense of what it's like to work at Jane Street full time while also providing a truly unparalleled educational experience. As an intern, you are paired with full-time employees who act as mentors, collaborating with you on real-world projects we actually need done. 

As a procurement intern, you’ll work side-by-side with full-timers to learn how we procure goods and services for the firm on a global basis. You will see how we develop and execute requests for proposal (RFPs), negotiate with vendors, level disparate quotes, manage inventory, raise purchase orders, handle global logistics, and analyze spend data.

Your internship project might focus on finding and implementing ways to improve efficiency in our internal processes, or helping us to plan and research our sourcing efforts. Your mentors will come from different areas of the team, so you’ll gain a better understanding of the planning, execution, and problem solving required pre-purchase and post-purchase. Your daily project work will be complemented by lunch seminars, real-time discussion on the desk, and classes that give you a sense of the broader fundamentals of Jane Street’s business and how your daily work fits into the big picture of our firm.

Learn more about Jane Street's internship program here.

About you

If you’ve never thought about a career in finance, you’re in good company. Many of us were in the same position before working here. If you have a curious mind, a collaborative spirit, and a passion for solving interesting problems, we have a feeling you’ll fit right in. We're more interested in how you think and learn than what you currently know. You should be:

  • Passionate about supply chain management, including one or more of the following areas: global sourcing, inventory management, logistics, transportation
  • Ideally majoring in supply chain management, business administration/management, operations, or a related field
  • Highly proficient in Excel
  • Intellectually curious, collaborative, and eager to learn
  • Humble and unafraid to ask questions and admit mistakes
  • A strong communicator, both written and verbal
  • Comfortable working in a highly collaborative environment
  • A self-starter who enjoys working on problems that don’t have clear answers

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

Skills Required

  • Passion for supply chain management, including global sourcing, inventory management, logistics, or transportation
  • Majoring in supply chain management, business administration or management, operations, or a related field
  • Highly proficient in Excel
  • Strong written and verbal communication skills
  • Curiosity, collaboration, humility, and eagerness to learn
  • Comfort working in a highly collaborative environment
  • Self-starter who enjoys solving ambiguous problems

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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