Senior Procurement Engineer (Infrastructure Technology)

Algo Capital Group; Chicago (IL); On-site; USD 140,000 - 170,000; Full time

Job summary

An established industry player is seeking a Senior Procurement Analyst to enhance their infrastructure procurement strategies. This role involves driving strategic sourcing, negotiating vendor contracts, and optimizing procurement processes for mission-critical IT components. You'll collaborate with various teams to ensure efficient and cost-effective procurement solutions. Join a dynamic environment where continuous improvement is valued, and your contributions will directly impact the firm's operational excellence in high-frequency trading. This is an exciting opportunity for those passionate about procurement and infrastructure in a fast-paced financial services setting.

Qualifications

• Expertise in infrastructure and connectivity purchasing.
• Experience in strategic sourcing and vendor negotiations.

Responsibilities

• Drive strategic sourcing and vendor negotiations for IT components.
• Conduct spend analysis to optimize procurement processes.

Skills

Strategic Sourcing

Vendor Management

Spend Analytics

Procurement Process Improvement

Negotiation Skills

Education

Bachelor's Degree in Finance or related field

Certifications in Procurement or Supply Chain Management

Tools

Spend Analysis Software

Procurement Management Systems

Job description

1 week ago Be among the first 25 applicants

This range is provided by Algo Capital Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$140,000.00/yr - $170,000.00/yr

Direct message the job poster from Algo Capital Group

Infrastructure Procurement Professional - High-Frequency Trading

Our client, a top-tier systematic trading firm, is looking to hire an exceptional Senior Procurement Analyst with expertise in infrastructure and connectivity purchasing to support their growing technical footprint and high-performance trading environment. The Procurement team drives strategic initiatives to ensure purchasing of goods and services are carried out in the most efficient way at the most competitive prices—covering hardware, network infrastructure, and connectivity services needed to operate efficiently, securely, and at scale.

In this role, you will drive strategic sourcing, vendor negotiations, cost optimization, and procurement process improvements for mission-critical IT components and services—from datacenter fit-outs to hardware, networking equipment, and connectivity. You will work cross-functionally with infrastructure teams, development, and finance to align procurement strategies with business needs, ensuring efficiency, resilience, and cost-effectiveness in their infrastructure investments.

Strategic Sourcing – Source and secure optimal hardware, infrastructure, and connectivity solutions through strategic procurement initiatives.

Vendor Management – Lead negotiations to obtain the best pricing structures and contractual agreements across hardware, connectivity, and IT service providers. Align agreements with company standards and competitive market benchmarks.

Expenditure Intelligence (Spend Analytics & Reporting) – Conduct comprehensive spend analysis to ensure optimization opportunities and track performance metrics. Transform procurement data into actionable business intelligence, providing stakeholders with valuable insights to drive informed decisions and strategic planning.

Process Enhancement – Evaluate and redesign procurement workflows to eliminate bottlenecks, particularly in IT infrastructure acquisition. Create robust, sustainable solutions that address fundamental challenges rather than temporary fixes.

Operational Procurement Excellence – Facilitate end-to-end purchasing processes for business-critical resources, coordinating seamlessly with Accounts Payable, Legal, technical teams, and vendors. Maintain standardized procurement protocols across hardware, software, and service categories.

Join a culture of collaboration and excellence, where you'll be surrounded by curious thinkers and creative problem-solvers. Motivated 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Engineering, Finance, and Information Technology

• Industries

  Financial Services, Information Services, and Capital Markets

Referrals increase your chances of interviewing at Algo Capital Group by 2x

Get notified about new Procurement Engineer jobs in Chicago, IL.

Global Procurement - Strategic Sourcing Manager

Chicago, IL $79,800.00-$108,790.00 1 day ago

Chicago, IL $112,993.00-$150,658.00 2 weeks ago

Senior Specialist, Procurement Center of Excellence

Lisle, IL $65,000.00-$80,000.00 3 weeks ago

Manager, Strategic Sourcing and Procurement

Orland Park, IL $70,000.00-$79,000.00 1 week ago

Senior Buyer - Global Procurement (Crew Hotels & Ground Transportation)

Indirect Procurement Manager, Facilities

Chicago, IL $125,000.00-$170,000.00 2 weeks ago

Downers Grove, IL $70,000.00-$75,000.00 3 weeks ago

Chicago, IL $140,000.00-$155,000.00 4 weeks ago

Divisional Procurement/Sourcing Director (cables, motors, plastics)

Procurement Specialist (3 Days/week) Hybrid || Chicago, IL 60604 Need Local of Illinois

Chicago, IL $110,000.00-$125,000.00 4 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.