Procurement Associate

About the Opportunity

Our client is a well-regarded financial services firm in Manhattan that is seeking a highly organized and proactive Procurement Associate to support company-wide sourcing and purchasing operations. This critical role works closely with both internal stakeholders and external vendors to streamline procurement processes, manage vendor relationships, and ensure the timely and cost-effective acquisition of goods and services. The ideal candidate is detail-oriented, resourceful, and thrives in a fast-paced, deadline-driven environment. This is a fantastic opportunity for someone who is passionate about operational efficiency, enjoys working cross-functionally, and takes pride in driving strategic cost savings. This role follows a hybrid work schedule.

The annual base salary range is $70,000 to $90,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.

 

Job Responsibilities

  • Initiate procurement of supplies with key vendors in a timely manner, working with key internal and external stakeholders
  • Manage the RFI/ RFQ/ RFP process for all procurement
  • Ensure proper tracking, payment, and delivery of purchase orders and purchases
  • Drive significant cost savings by assisting in vendor negotiations
  • Drive standardization across payment terms and supplier credit

 

Job Requirements

  • 1+ years of experience in procurement, purchasing or equivalent experience focused on procurement in the technology space
  • Experience in procuring market data providers is strongly preferred
  • Experience with FITS inventory management system is strongly preferred
  • Bachelor’s degree required
  • Strong interpersonal skills, a team focus, and the ability to work in cross-functional teams
  • Strong verbal and written communication skills
  • Effectively prioritize and execute tasks conforming to shifting priorities, demands and timelines

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