Procurement Specialist

Posted 2 Days Ago
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New York, NY
Internship
Financial Services
The Role
As a Procurement Intern, you will collaborate with full-time employees to understand and improve procurement processes. You'll help with requests for proposals, vendor negotiations, inventory management, global logistics, and spend analysis, while gaining exposure to the firm's operations through projects and educational resources.
Summary Generated by Built In

About the Program

Our goal is to give you a real sense of what it’s like to work at Jane Street full time. Over the course of your internship, you will explore ways to approach and solve exciting problems within your field of interest through fun and challenging classes, interactive sessions, and group discussions — and then you will have the chance to put those lessons to practical use.

As an intern, you are paired with full-time employees who act as mentors, collaborating with you on real-world projects we actually need done. When you’re not working on your project, you will have plenty of time to use our office amenities, physical and virtual educational resources, attend guest speakers and social events, and engage with the parts of our work that excite you the most.

If you’ve never thought about a career in finance, you’re in good company. Many of us were in the same position before working here. If you have a curious mind, a collaborative spirit, and a passion for solving interesting problems, we have a feeling you’ll fit right in.

About the Position

As a Procurement intern, you’ll work side-by-side with full-timers to learn how we procure goods and services for the firm on a global basis. You will see how we develop and execute requests for proposal (RFPs), negotiate with vendors, level disparate quotes, manage inventory, raise purchase orders, handle global logistics, and analyze spend data.

Your internship project might focus on finding and implementing ways to improve efficiency in our internal processes, or helping us to plan and research our sourcing efforts. Your mentors will come from different areas of the team, so you’ll gain a better understanding of the planning, execution, and problem solving required pre-purchase and post-purchase. Your daily project work will be complemented by lunch seminars, real-time discussion on the desk, and classes that give you a sense of the broader fundamentals of Jane Street’s business and how your daily work fits into the big picture of our firm.

About You

We don’t expect you to have a background in one specific field. We’re looking for smart people who enjoy solving interesting problems and we’re more interested in how you think and learn than what you currently know. You should be:

  • Passionate about supply chain management, including one or more of the following areas: global sourcing, inventory management, logistics, transportation
  • Ideally majoring in supply chain management, business administration/management, operations, or a related field
  • Highly proficient in Excel
  • Intellectually curious, collaborative, and eager to learn
  • Humble and unafraid to ask questions and admit mistakes
  • A strong communicator, both written and verbal
  • Comfortable working in a highly collaborative environment
  • A self-starter who enjoys working on problems that don’t have clear answers 
  • Intending to start full-time employment in 2026

Top Skills

Excel
The Company
HQ: New York, NY
1,390 Employees
On-site Workplace
Year Founded: 2000

What We Do

Jane Street works differently. As a liquidity provider and market maker, we trade on more than 200 trading venues across 45 countries and help form the backbone of global markets. Our approach is rooted in technology and rigorous quantitative analysis, but our success is driven by our people.

Our bright, beautiful offices in the heart of New York, London, Hong Kong, and Amsterdam are open and buzzing with conversation. We come from many backgrounds and encourage travel between offices to share perspectives. Some of our best ideas come from bumping into a visiting colleague at the office coffee bar.

Markets move fast. Staying competitive as we’ve grown has required constant invention—of new trading strategies, technology, and processes. We’ve found this is easier when you hire humble, kind people. They tend to help each other, and prioritize teamwork over titles.

We invest heavily in teaching and training. There’s a library and a classroom in every office, because deepening your understanding of something is considered real work. Guest lectures, classes, and conferences round out the intellectual exchanges that happen every day.

People grow into long careers at Jane Street because there are always new and interesting problems to solve, systems to build, and theories to test. More than twenty years after our founding, it still feels like we’re just getting started.

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