Information Technology Asset Manager Job at Algo Capital Group, Chicago, IL

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  • Algo Capital Group
  • Chicago, IL

Job Description

Infrastructure Procurement - High-Frequency Trading

Our client, a top-tier systematic trading firm, is looking to hire an exceptional Senior Procurement Analyst with expertise in infrastructure and connectivity purchasing to support their growing technical footprint and high-performance trading environment. The Procurement team drives strategic initiatives to ensure purchasing of goods and services are carried out in the most efficient way at the most competitive prices—covering hardware, network infrastructure, and connectivity services needed to operate efficiently, securely, and at scale.

In this role, you will drive strategic sourcing, vendor negotiations, cost optimization, and procurement process improvements for mission-critical IT components and services—from datacenter fit-outs to hardware, networking equipment, and connectivity. You will work cross-functionally with infrastructure teams, development, and finance to align procurement strategies with business needs, ensuring efficiency, resilience, and cost-effectiveness in their infrastructure investments.

Strategic Sourcing – Source and secure optimal hardware, infrastructure, and connectivity solutions through strategic procurement initiatives. Develop data-driven forecasting models to enhance budget efficiency and streamline procurement timelines while collaborating with stakeholders and various engineering teams. Conduct competitive bidding processes to ensure favorable pricing and contract terms.

Vendor Management – Lead negotiations to obtain the best pricing structures and contractual agreements across hardware, connectivity, and IT service providers. Align agreements with company standards and competitive market benchmarks. Cultivate strategic supplier relationships to navigate supply challenges proactively and establish mutually beneficial partnerships.

Expenditure Intelligence (Spend Analytics & Reporting) – Conduct comprehensive spend analysis to ensure optimization opportunities and track performance metrics. Transform procurement data into actionable business intelligence, providing stakeholders with valuable insights to drive informed decisions and strategic planning.

Process Enhancement – Evaluate and redesign procurement workflows to eliminate bottlenecks, particularly in IT infrastructure acquisition. Create robust, sustainable solutions that address fundamental challenges rather than temporary fixes. Guide change management efforts to ensure successful adoption of improved processes across all affected departments.

Operational Procurement Excellence – Facilitate end-to-end purchasing processes for business-critical resources, coordinating seamlessly with Accounts Payable, Legal, technical teams, and vendors. Maintain standardized procurement protocols across hardware, software, and service categories. Deliver transparent, proactive updates to internal teams regarding procurement status and timelines.

Join a culture of collaboration and excellence, where you'll be surrounded by curious thinkers and creative problem-solvers. Motivated by a passion for continuous improvement, you'll thrive in a supportive, high-performing environment alongside talented colleagues, working collectively to tackle the toughest problems in the financial markets.

E: sfalah@algocapitalgroup.com

Job Tags

Contract work, Temporary work,

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