Procurement Analyst | Singapore, SG

4 days ago

Singapore Optiver Full time

Optiver is seeking a Procurement Analyst to support and advance our technology strategy while ensuring operational efficiency and cost-effectiveness. The Procurement team drives initiatives that enable the sourcing of goods and services efficiently. This role offers a unique opportunity to contribute to Optiver's long-term growth by balancing profitability, sustainability, and operational stability.
WHO WE ARE
Optiver is a global market maker founded in Amsterdam, with offices in London, Chicago, Austin, New York, Sydney, Shanghai, Hong Kong, Singapore, Taipei and Mumbai. Established in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management. By providing liquidity on multiple exchanges across the world in various financial instruments we participate in the safeguarding of healthy and efficient markets. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: listed derivatives, cash equities, ETFs, bonds and foreign currencies.
Founded in 2021, Optiver's Singapore location is our ninth global office. As a fast-growing office, we have the feel of a start-up, but the backing of a large multinational trading firm. In Asia Pacific, Optiver was one of the first global market makers to establish a presence in the region, with the incorporation Optiver's APAC head office in Sydney in 1996. Since then, we have expanded our footprint by establishing offices in Taipei (2005), Hong Kong (2007) and Shanghai (2012).
WHAT YOU'LL DO
As a Procurement Analyst, you will play a pivotal role in optimizing procurement processes to support Optiver's operational excellence. Collaborating with cross-functional teams, you'll oversee purchasing initiatives, streamline reconciliation processes, and manage vendor relationships. Key responsibilities include:
Daily Procurement Operations:
Manage the purchase of goods and services by coordinating with Accounts Payable, Legal, technical teams, and vendors. Ensure standardized procurement processes and proactive communication with stakeholders on progress and timelines.
Reconciliation Process:
Oversee reconciliation processes for procurement-related spend, investigating and resolving discrepancies efficiently while collaborating with Finance, Accounts Payable, and Tax to ensure accurate and timely payments.
Vendor Relationship Management:
Serve as the primary contact for vendor-related issues, particularly billing and supply chain concerns. Resolve disruptions in goods or service fulfillment promptly.
Spend Analytics & Reporting:
Analyze procurement spend data to uncover patterns, trends, and opportunities for cost optimization. Provide actionable insights to support decision-making by business leaders.
Process Development:
Continuously refine procurement and reconciliation processes to enhance operational efficiency and user experience.
WHO YOU ARE
We're looking for a Procurement Analyst who brings:
2+ years of experience in procurement, supply chain, operations, finance, or management consulting.
Fluency in Mandarin and English.
End-to-end procurement process expertise, from request to quote through to delivery.
Experience in transactional sourcing across IT and business operations.
Knowledge of supplier management, including delivery and contract handling.
Strong risk awareness and problem-solving skills.
High attention to detail, strong accountability, and diligence.
Excellent communication, organizational, and analytical skills.
Ability to multitask and manage multiple workflows simultaneously.
WHAT YOU'LL GET
You'll join a culture of collaboration and excellence, where you'll be surrounded by curious thinkers and creative problem solvers. Driven by a passion for continuous improvement, you'll thrive in a supportive, high-performing environment alongside talented colleagues, working collectively to tackle the toughest problems in the financial markets.
In addition, you'll receive:
A performance-based bonus structure unmatched anywhere in the industry. We combine our profits across desks, teams and offices into a global profit pool, fostering a truly collaborative environment.
The opportunity to work alongside best-in-class professionals from over 40 different countries.
Ownership over initiatives that directly solve business problems.
Corporate health insurance
Training, mentorship and personal development opportunities
Weekly in-house chair massages
Daily breakfast and lunch
Regular social events including an annual company trip
A work-from-home allowance and support
As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.
Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.
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