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- Tasks: Manage procurement inventories and build strong relationships with external providers.
- Company: Join an innovative fintech firm leading in algorithmic trading and market making.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Be part of a growing team that drives strategic procurement in a fast-paced industry.
- Qualifications: Experience in a technical environment 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 employer: iSAM
Contact Detail:
iSAM Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Analyst
✨Tip Number 1
Network like a pro! Reach out to current employees at iSAM on LinkedIn or through mutual connections. A friendly chat can give us insights into 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 shows our enthusiasm for the role. Plus, it’s a great chance to reiterate why we’re a perfect fit for the team!
We think you need these skills to ace Procurement Analyst
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 makes you a great fit for the Procurement Team. Be genuine and let your personality come through.
Showcase Your Technical Skills: Since this role is in a fast-paced, technical environment, don’t forget to mention your MS Office skills and any experience with PowerBI. This will show us that you’re ready to hit the ground running!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining the iSAM team!
How to prepare for a job interview at iSAM
✨Know Your Procurement Basics
Make sure you brush up on procurement fundamentals, especially in a tech-driven environment. Understand key concepts like spend analysis, contract management, and supplier relationship management. This will show that you're not just familiar with the role but also ready to hit the ground running.
✨Showcase Your Analytical Skills
Since the role involves managing procurement inventories 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 tools like PowerBI, highlight that too!
✨Communicate Clearly and Confidently
Outstanding communication is key for this position. Practice articulating your thoughts clearly and confidently. You might be asked to explain complex ideas or negotiate terms, so being able to communicate effectively will set you apart from other candidates.
✨Demonstrate Your Team Spirit
The role requires collaboration with various teams, so be ready to share examples of how you've successfully worked with others in the past. Highlight your ability to build relationships and resolve issues, as this will resonate well with the interviewers at iSAM.
