Manager, Procurement
Tower Research CapitalAbout the Role
Tower Research Capital is seeking a commercially minded Procurement Manager to strengthen our global procurement and logistics capabilities. This individual will operate independently within established priorities and serve as a trusted partner to senior business stakeholders, suppliers and other support functions.
- Support the development and execution of end-to-end sourcing strategies, independently managing assigned initiatives from requirements gathering and market analysis through negotiation, contracting, implementation, and renewal
- Serve as a commercial partner to internal stakeholders, translating business requirements into actionable sourcing strategies, supplier recommendations, and execution plans
- Lead negotiations across pricing, commercial terms, service-level agreements, performance measures, and renewals
- Develop pricing, scenario, and total-cost models while supporting forward-looking contract and renewal planning
- Deliver strategic spend and category analytics across suppliers, departments, and regions, identifying demand trends, commercial risks, savings opportunities, and supplier consolidation potential
- Support logistics and supply continuity strategies, and the evolution of a scalable global procurement operating model
Responsibilities
- Supporting the development and execution of end-to-end sourcing strategies, independently managing assigned initiatives from requirements gathering and market analysis through negotiation, contracting, implementation, and renewal
- Serving as a commercial partner to internal stakeholders, translating business requirements into actionable sourcing strategies, supplier recommendations, and execution plans
- Leading negotiations within agreed parameters across pricing, commercial terms, service-level agreements, performance measures, and renewals
- Developing pricing, scenario, and total-cost models while supporting forward-looking contract and renewal planning across commercial risks, obligations, performance commitments, and key milestones
- Independently managing and prioritizing assigned purchasing activity in partnership with Procurement Operations
- Delivering strategic spend and category analytics across suppliers, departments, and regions, identifying demand trends, commercial risks, savings opportunities, supplier consolidation potential, and areas to increase Spend Under Management
- Supporting logistics and supply continuity strategies, coordinating across internal teams and suppliers to mitigate fulfillment risks, improve delivery performance, and resolve critical supply issues
- Supporting the evolution of a scalable global procurement operating model, including policies, governance, processes, data, controls, systems, reporting, and ITAM-related capabilities
- Providing execution and decision support to procurement leadership across strategic priorities, transformation programs, special projects, and time-sensitive business needs
- Evaluating processes, stakeholder experience, controls, and data quality to identify and implement approved improvements
Requirements
- A bachelor’s degree in business, supply chain, finance, operations, or a related field, or equivalent practical experience
- Five to ten years of progressive experience in procurement, strategic sourcing, purchasing, vendor management, or a closely related role, ideally supporting a high-volume and fast-moving organization
- Strong command of the end-to-end procurement lifecycle, sourcing best practices, contract renewals, and purchasing operations
- Demonstrated success negotiating commercial terms and developing clear, decision-ready financial and pricing analyses
- Experience partnering with senior stakeholders and executives and influencing outcomes across functions without relying on direct authority
- Strong project-management capabilities, including the ability to independently prioritize assigned work, manage competing demands and risks, and drive work to completion
- Excellent written and verbal communication, sound judgment, strong problem-solving skills, and exceptional attention to detail
What You'll Get
- $125k–$145k base salary
- Generous paid time off policies
- Savings plans and other financial wellness tools available in each region
- Hybrid working opportunities
- Free breakfast, lunch, and snacks daily
- In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)
- Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)
- Volunteer opportunities and charitable giving
- Social events, happy hours, treats, and celebrations throughout the year
- Workshops and continuous learning opportunities