Procurement Sourcing Analyst

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. Optiver’s Sydney office is one of the primary players within Asian markets, trading a range of products. Established in 1996, we're an active participant on the Hong Kong, Korea, Singapore, Taiwan and Japan exchanges, and act as Optiver’s APAC head office. What You’ll Do Optiver is looking for a Procurement Analyst to help enable the business’ strategy through sourcing supplier solutions. The Procurement function, drives strategic initiatives to ensure Optiver is buying goods and services in the most efficient way at the most competitive prices. We firmly believe in balancing a safe, orderly production environment with profitability and sustainable growth. As a member of the Procurement team, you will individually drive a variety of purchasing initiatives, working with internal stakeholders to purchase goods & services which in turn add value to the business. To deliver this value you will work directly with suppliers to ensure the requirements, commercials and outcomes are meeting expectations. You will also collaborate with other members of the Procurement team to analyze our spend, find areas where we can optimize costs by improving how we source and ensuring our suppliers can deliver the right outcome. If you are interested in gaining experience in both the business and technical sides of a market making trading firm while gaining Procurement experience, this role will provide that opportunity. As a Procurement Analyst, your key responsibilities include:

• Strategic sourcing & category support

• Partner with business stakeholders to understand requirements for upcoming sourcing events.
• Support or lead sourcing events from commercial and contractual negotiations, focusing on total cost of ownership, requirements and risk.
• Conduct market and supplier research to identify sourcing opportunities, alternative suppliers and innovation

• Supplier Relationship Management –Work with suppliers to remediate any issues in the supply chain that may impact goods and service fulfillment. Lead point on supplier commercial issues to ensure prompt resolution
• Spend Analytics & Reporting – Review and analyse spend to identify trends, patterns, and areas for cost optimization. Create value-add metrics from our spend data to share with owners, to ultimately equip the business for better decision-making
• Process Development – contribute to the Procurement processes in an effort to deliver efficiencies leveraging automation and AI.

Who You Are

• 2-4 years’ experience in procurement, supply chain, operations, finance or management consulting
• Strong attention to detail, diligence, and a high personal bar for quality and performance
• Ability to manage multiple initiatives simultaneously in a fast-paced environment
• Strong risk awareness, with the ability to identify and escalate issues appropriately
• Proven ability to identify and improve operational inefficiencies
• Comfortable working autonomously while collaborating across teams
• Strong communication, organisational and analytical skills
• Experience working in a complex, multifaceted business environment
• Legal authorization to work in Australia (no sponsorship available)

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 some of the most complex problems in the financial markets. In return for your expertise, you will have access to a range of Optiver perks, including:

• 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 chance to work alongside diverse and intelligent peers in a rewarding environment.
• Training, mentorship and personal development opportunities.
• Daily breakfast, lunch and an in-house barista.
• Gym membership plus weekly in-house chair massages.
• Regular social events, including a company trip every two years.
• Guided relocation, a competitive relocation package and visa sponsorship where necessary.

Diversity statement Optiver is committed to diversity and inclusion. We encourage applications from candidates of all backgrounds, and welcome requests for reasonable adjustments during the process. Questions? Get in touch with the recruitment team at careers@optiver.com.au.