Procurement Analyst

Mesh-AI Limited; Greater London; On-site; GBP 40,000 - GBP 60,000; Full time

Job summary

An innovative financial technology firm in Greater London is seeking an Analyst for its Procurement Team focused on market data. The role involves commercial negotiations with vendors, sourcing new services, and managing procurement inventories. The ideal candidate will have strong communication skills and experience in a technical environment. This is a pivotal role as iSAM expands its market data capabilities, ensuring effective vendor relationships and compliance.

Qualifications

• Experience working in a fast-paced, technical environment.

Responsibilities

• Commercial and contractual negotiations with market data vendors.
• Source new market data and services, building relationships with providers.
• Manage procurement inventories to ensure contract end dates are managed.
• Manage spend analysis and cost allocations.
• Liaising with vendors for ongoing market data compliance.
• Administrate invoice approvals via NetSuite.

Skills

Outstanding communication skills

Ability to work independently

Experience with contractual and commercial negotiation

Enthusiastic to take on a variety of work

Job description

Overview

iSAM is an innovative, financial technology firm specialising in quantitative trading, compromised of iSAM Funds and iSAM Securities. iSAM Securities regulated by the FCA, SFC, and CTFC, and CIMA registered, 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.

The Role

We are looking for an Analyst to join the Procurement Team at iSAM with a focus on market data. 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. 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.

Responsibilities

• Commercial and contractual negotiations with market data vendors
• Source new market data and services, building relationships with established and emerging providers
• Manage the procurement inventories to ensure all contract end dates are managed
• Manage the spend analysis and cost allocations
• Liaising with market data vendors to ensure ongoing market data compliance and effective market data licensing
• Administrate invoice approvals via NetSuite

Requirements

• 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
• Experience with contractual and commercial negotiation