Procurement Specialist

Posted 4 Days Ago
Be an Early Applicant
Wacker, IL, USA
In-Office
28K-46K Hourly
Entry level
Financial Services
The Role
Leads sourcing, negotiation, purchasing, and category strategy for desktop hardware and software. Partners with software asset management, desktop engineering, finance, risk, and suppliers to define requirements, manage renewals, analyze total cost of ownership, and ensure budget alignment. Supports procurement reporting, purchasing card reconciliation, and related operations.
Summary Generated by Built In

The Procurement Specialist leads sourcing efforts for desktop hardware and software to support our global workforce.

Desktop Hardware and Software Management Responsibilities Include:

  • Responsible for negotiating and executing desktop hardware and software purchases

  • Leverages strong supplier relationships to negotiate favorable terms and capture long-term cost efficiencies.

  • Partners with the Software Asset Management Team and end users to understand and develop software requirements.

  • Partners with the Desktop Engineering Team to understand and develop hardware requirements.

  • Performs Total Cost of Ownership (TCO) analysis to support buying decision

  • Builds and maintains a category strategy for desktop software and hardware.

  • Manages cross-functional orchestration to ensure the Third-Party Risk Management team is aware of any perceived threats with utilizing applications

  • Effectively communicates with FP&A to ensure expenditures or tied to an approved budget

  • Maintains maintenance renewal start and end dates to ensure support for hardware or applications is renewed on a timely basis

Procurement Operations Responsibilities Include:

·       Performs custom reporting from internal tools and Google Sheets/MSFT Excel.

·       Supports the Purchasing Card payment and reconciliation process.

·       Provides additional operational support dependent upon available bandwidth.

Skills and Software Requirements:

  • Proficiency in Google or Microsoft suite of collaboration tools

  • Ability to learn internal software tools such as Enterprise Resourcing Planning, Ticketing, and Contract Lifecycle Management.

  • Executive presence in order to effectively liaise with internal business partners and senior supplier personnel. 

  • Self-Motivated and Detail Oriented

  • Relevant internship experience preferred

#LI-RP1

CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $27.69--$46.15. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

CME Group: Where Futures are Made

CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.

Skills Required

  • Proficiency with Google or Microsoft collaboration tools
  • Ability to learn enterprise resource planning, ticketing, and contract lifecycle management software
  • Executive presence and ability to liaise effectively with internal business partners and senior supplier personnel
  • Self-motivated and detail-oriented
  • Relevant internship experience

CME Group Compensation & Benefits Highlights

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

  • Retirement Support U.S. offerings include both a 401(k) and a company-funded cash-balance pension, strengthening long-term financial security. This dual-track structure is highlighted as a notable differentiator among private employers.
  • Leave & Time Off Breadth PTO and holiday schedules are described as generous, with ample time off and carryover commonly highlighted. This breadth of leave meaningfully enhances perceived total rewards.
  • Flexible Benefits A flexible, hybrid work model applies to many roles, increasing day-to-day usability of the package. Flexibility is framed as a standard feature rather than an exception.

CME Group Insights

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The Company
HQ: Chicago, IL
3,291 Employees

What We Do

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing provider in the world, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

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