Procurement Analyst in London

Procurement Analyst in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage procurement inventories and build strong relationships with external providers.
  • Company: Join iSAM, a leading financial technology firm in algorithmic trading.
  • Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
  • Why this job: Be part of a rapidly growing team and make a real impact in procurement.
  • Qualifications: Experience in fast-paced environments and strong communication skills required.
  • Other info: On-site role with a focus on collaboration across various teams.

The predicted salary is between 36000 - 60000 £ per year.

iSAM is an innovative financial technology firm specialising in quantitative trading, comprised of iSAM Funds and iSAM Securities. iSAM Securities, regulated by the FCA, SFC, and CIMA, is a leading algorithmic trading firm and trusted electronic market maker, providing liquidity, technology, and prime services to institutional clients and trading venues globally. The firm offers full-service prime brokerage and execution via its cutting-edge proprietary technology, as well as market-leading analytics, cleared through the group's bank Prime Brokers. iSAM Funds is an alternative asset manager specialising in systematic investing. Each strategy is unique, provides a specialist quantitative approach, and is designed to deliver highly diversifying absolute returns for institutional portfolios.

Please note this position is on-site.

About the Role: We are looking for an analyst to join the Procurement Team at iSAM. It is an exciting time to join iSAM, having enjoyed significant growth in the last number of years. We are expanding the remit of the Procurement Team to cover all areas of Market Data, IT and Infrastructure, Technology Platforms, and Facilities. At iSAM, the Procurement Team is a competitive advantage for our Vector, Securities, and Helix business lines. Working closely with stakeholders and partnering with iSAM's Legal, Finance, and Infrastructure teams is key to that success. The successful candidate will require a tenacious and enquiring nature to support the Head of Procurement to develop and implement a best-in-class procurement function at iSAM.

Key Responsibilities:

  • Manage the procurement inventories to ensure all contract end dates are managed
  • Manage the spend analysis and cost allocations
  • Manage the invoice approvals via NetSuite
  • Build and maintain strong relationships with external providers, including contract negotiation, service management, and issue resolution
  • Maintain clear documentation for Procurement processes, workflows, and requirements

Skills, Knowledge and Expertise:

  • Experience working in a fast-paced, technical environment
  • Outstanding communication skills, both spoken and written
  • An ability to work independently
  • Enthusiastic to take on a variety of work
  • Strong MS Office skills, PowerBI experience would be desirable

Procurement Analyst in London employer: iSAM

iSAM is an exceptional employer that fosters a dynamic and innovative work culture, perfect for those looking to thrive in the fast-paced world of financial technology. With a strong focus on employee growth and development, team members are encouraged to take on diverse responsibilities and collaborate closely with various departments, ensuring a rewarding career path. Located in a vibrant area, iSAM offers a unique opportunity to be part of a leading algorithmic trading firm that values creativity and excellence in its procurement processes.
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Contact Detail:

iSAM Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Procurement Analyst in London

✨Tip Number 1

Network like a pro! Reach out to current or former employees at iSAM on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!

✨Tip Number 2

Prepare for the interview by researching iSAM's recent projects and achievements. We want to show that we’re genuinely interested in their work and how we can contribute to their growth.

✨Tip Number 3

Practice common interview questions, especially those related to procurement and analytics. We should be ready to showcase our problem-solving skills and how we can manage procurement inventories effectively.

✨Tip Number 4

Don’t forget to follow up after the interview! A quick thank-you email can keep us fresh in their minds and show our enthusiasm for the role. Plus, it’s just good manners!

We think you need these skills to ace Procurement Analyst in London

Procurement Management
Contract Negotiation
Spend Analysis
Cost Allocation
Invoice Management
Stakeholder Engagement
Documentation Skills
Communication Skills
MS Office Proficiency
PowerBI Experience
Problem-Solving Skills
Relationship Management
Technical Aptitude
Ability to Work Independently

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Procurement Analyst role. Highlight relevant experience and skills that match the job description, especially your communication skills and ability to work independently.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about joining iSAM and how your background aligns with our innovative approach in procurement. Keep it concise but impactful!

Showcase Your Technical Skills: Since we’re in a fast-paced, technical environment, don’t forget to mention your MS Office skills and any experience with PowerBI. This will show us you’re ready to hit the ground running!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you!

How to prepare for a job interview at iSAM

✨Know Your Procurement Basics

Before heading into the interview, brush up on your procurement knowledge. Understand key concepts like spend analysis, contract management, and supplier relationship management. This will show that you’re not just interested in the role but also have a solid grasp of what it entails.

✨Showcase Your Analytical Skills

Since the role involves managing spend analysis and cost allocations, be prepared to discuss your analytical skills. Bring examples of how you've used data to make informed decisions in previous roles. If you have experience with PowerBI, highlight that too!

✨Communicate Clearly and Confidently

Outstanding communication is crucial for this position. Practice articulating your thoughts clearly and confidently. You might want to prepare answers to common interview questions, focusing on how you can effectively communicate with stakeholders and manage relationships.

✨Demonstrate Your Enthusiasm

iSAM is looking for someone who is eager to take on a variety of work. During the interview, express your enthusiasm for the role and the company. Share why you’re excited about the opportunity to contribute to a growing procurement team and how you can add value.

Procurement Analyst in London
iSAM
Location: London

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