Vendor Procurement Specialist
Date: Apr 2, 2025
Location: Chicago, IL, US, 60606
Company: National Futures Association
NFA is purpose-driven. We safeguard the integrity of the derivatives markets, protect investors and ensure that our Members meet their regulatory obligations. We take pride in our work; maintain a conviction to do the right thing; empower each other; and support our community. Envision your career in a place where performing critical regulatory work within the financial industry is as significant as the passionate and talented individuals with whom you work.
When you join NFA as a Vendor Procurement Specialist, you'll join a high-performing team of dedicated professionals responsible for managing and onboarding vendors efficiently.
Bring your technical know-how, problem solving skills and an eye for detail.
Beginning your first day and throughout your career, you'll utilize your critical thinking and decision-making skills to support our important regulatory mission.
What you'll do:
The Vendor Procurement Specialist plays a critical role in ensuring staff's technology needs are met and vendors are effectively managed. Specifically, your main responsibilities will include:
- Organizing vendor processes to support IT spending in several areas (e.g., telecom, hardware, software, computer services and consulting).
- Tracking past and proposed spending to ensure consistency with financial objectives.
- Selecting vendors and negotiating terms to optimize both service levels and costs.
- Reviewing and tracking vendor contracts, purchase orders and invoices.
- Confirming that contracts are reviewed and security vetting is completed by appropriate staff during onboarding process.
- Managing contract renewals, term extensions, warranty tracking and vendor cancellations.
- Addressing IT vendor challenges and improving practices.
What we’re looking for:
Diligent, detail-oriented individuals thrive in this role. If you're eager to apply your technical abilities to serve a public good—supporting the integrity of the derivatives markets—and meet the qualifications below, we encourage you to apply to join our team as a Vendor Procurement Specialist.
- Bachelor's degree in computer science, supply chain, finance, information systems, business or related field
- Familiarity with creating and refining IT vendor management processes
- A minimum of five years in IT vendor management or procurement experience
- Excellent analytical, decision-making and problem-solving skills
- Strong communication and collaboration skills to work effectively with diverse teams and stakeholders
Salary range: $88,400-$147,400
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
Requisition ID:799
Nearest Major Market: Chicago