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Procurement Manager

IMC
Chicago, IL Full Time
POSTED ON 3/2/2025
AVAILABLE BEFORE 5/26/2025

The Procurement Manager is responsible for optimizing supplier relationships, negotiating contracts, and ensuring cost-effective procurement strategies. This role involves evaluating vendors, managing supply chain risks, and improving procurement workflows to drive efficiency and compliance. With strong analytical, negotiation, and stakeholder management skills, the ideal candidate will contribute to strategic sourcing and cost-saving initiatives while maintaining high-quality standards.

Core Responsibilities :

  • Identify, evaluate, and manage suppliers to ensure the best value, quality, and reliability.
  • Negotiate, draft, and manage vendor contracts, ensuring compliance with company policies and legal standards.
  • Lead contract and pricing negotiations to achieve favorable terms, cost savings, and win-win outcomes with suppliers.
  • Develop and implement strategies to reduce costs without compromising quality or timelines.
  • Foster strong relationships with key suppliers and resolve any disputes or performance issues effectively.
  • Stay informed about market trends, pricing, and industry developments to inform purchasing strategies.
  • Streamline and improve procurement workflows, systems, and policies.
  • Assess and mitigate risks in the supply chain, ensuring business continuity.
  • Analyze procurement data to provide actionable insights and inform strategic decisions.

Skills and Experience :

  • 3-7 years of experience in procurement, strategic sourcing, or supply chain management.
  • Bachelor's degree in Supply Chain Management, Business Administration, or a related field
  • Strong negotiation and contract management skills
  • Proficiency in procurement software and Microsoft Office Suite (e.g., Excel)
  • Exceptional communication and stakeholder management abilities
  • Analytical mindset with strong problem-solving skills
  • Certification (e.g., CPSM, CIPS) is a plus but not required
  • Please note that immigration sponsorship is not offered for this specific opening.

    The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

    Salary Range

    140,000-$180,000 USD

    About Us

    IMC is a leading global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, and Asia Pacific, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.

    Salary : $140,000 - $180,000

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