At a Glance
- Tasks: Collaborate with mentors on real-world procurement projects and improve internal processes.
- Company: Join Jane Street, a leading firm with a focus on education and collaboration.
- Benefits: Gain hands-on experience, mentorship, and insights into the finance industry.
- Other info: Enjoy a supportive culture that values curiosity and problem-solving.
- Why this job: Dive into supply chain management and make a tangible impact in a dynamic environment.
- Qualifications: Passion for supply chain, proficiency in Excel, and strong communication skills.
The predicted salary is between 22500 - 27500 £ per year.
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.
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.
- 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
- Fluent in English
Procurement Specialist employer: Janestreet
At Jane Street, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and collaboration. As a Procurement Specialist, you will benefit from hands-on mentorship, engaging projects, and opportunities to enhance your skills in a supportive environment. Located in a vibrant city, our firm offers unique advantages such as lunch seminars and real-time discussions that enrich your learning experience while contributing to meaningful projects.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Specialist
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Janestreet.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement Specialist
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Janestreet:Your cover letter should read like you’re chatting directly to Janestreet. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Janestreet.
How to prepare for a job interview at Janestreet
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Janestreet!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Janestreet. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Janestreet's culture.
