Tower Research Capital, LLC

Manager, Procurement

Tower Research Capital, LLC • $125K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, supply chain, finance, operations, or related field, or equivalent experience
  • 5-10 years in procurement, strategic sourcing, or vendor management, ideally in a fast-paced environment
  • Strong understanding of the procurement lifecycle and sourcing best practices
  • Proven success in negotiating commercial terms and financial analyses
  • Experience influencing senior stakeholders without direct authority
  • Strong project management skills with the ability to prioritize and manage competing demands
  • Excellent communication, problem-solving skills, and attention to detail

Responsibilities

  • Develop and execute end-to-end sourcing strategies, managing initiatives from start to finish
  • Translate business requirements into actionable sourcing strategies and execution plans
  • Lead negotiations on pricing, terms, and service-level agreements
  • Create pricing and total-cost models to support contract planning
  • Manage purchasing activities in partnership with Procurement Operations
  • Deliver spend and category analytics to identify trends and savings opportunities
  • Support logistics strategies to mitigate fulfillment risks and improve delivery performance
  • Enhance global procurement operating models, including policies and processes

Benefits

  • Generous paid time off policies
  • Savings plans and financial wellness tools available
  • Hybrid working opportunities
  • Free daily breakfast, lunch, and snacks
  • In-office wellness experiences and reimbursement for wellness expenses
  • Company-sponsored sports teams and fitness events
  • Volunteer opportunities and charitable giving
  • Social events and celebrations throughout the year
  • Workshops and continuous learning opportunities
Full Job Description
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
  • 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 that increase efficiency, reduce cost, strengthen governance, and improve service delivery


Qualifications
  • 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

Preferred Qualifications
  • Experience in technology, financial services, quantitative trading, or another technically complex environment
  • Experience with enterprise resource planning, source-to-pay, contract-management, or procurement platforms such as Oracle, SAP Ariba, GEP, or comparable systems
  • Experience supporting and communicating with senior and executive level stakeholders
  • Experience with procurement-system implementation and transformation initiatives

Anticipated annual base salary range $125,000 - $145,000, plus eligible for discretionary bonus

Benefits

Tower's headquarters are in the historic Equitable Building, right in the heart of NYC's Financial District and our impact is global, with over a dozen offices around the world.

At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive - without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.

Our benefits include:
  • 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

At Tower, you'll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work - together.

About Tower Research Capital, LLC

Tower Research Capital, LLC is a quantitative trading firm that was founded in 1998. The company uses advanced technology and algorithms to trade in multiple asset classes across global markets. Tower Research Capital, LLC is headquartered in New York City and has offices in North America, Europe, and Asia. The company is known for its innovative approach to trading and its use of cutting-edge technology to analyze market data and make trading decisions. Tower Research Capital, LLC is a privately held company and does not disclose its financial information to the public.
Learn more about Tower Research Capital, LLC
Size
1,000 employees
Industry
Founded
1998

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