Procurement Manager

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities.

Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization. 

Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.

At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.

At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

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.

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, ensuring alignment with business objectives and company requirements
• 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, ensuring responsive, accurate, and compliant execution aligned with business priorities
• 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