The Firm
XTX Markets is a leading algorithmic trading company partnering with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income, Commodity & Options markets. We provide consistent liquidity, helping market participants throughout the world obtain the best prices in the various assets classes we cover, regardless of changing market conditions.
At XTX Markets technology is our business and we are a diverse organisation which attracts outstanding talent from across all industry backgrounds. We are focused on teamwork and our people collaborate on all aspects of the business, working openly and with respect for each other, our clients and the market. Our culture is non-hierarchical and one where everyone is valued. We strive for excellence in everything we do.
The Role
The technology and market data procurement department are responsible for achieving value for the firm in the execution of a budget in the hundreds of millions of pounds annually.
We are looking for a candidate with technology and/or financial data experience to support and build out our IT and data capability globally. The successful candidate must be comfortable speaking directly with technology / business managers and external parties. Competency in commercial aspects of IT and/or financial data procurement is necessary, and previous exposure to novel datasets and low-latency technologies and concepts for trading purposes is strongly desirable.
Responsibilities
- The scope of the role is procuring computer hardware, financial data, network connectivity, datacentre services, enterprise on-prem and cloud software licenses/services and professional services.
- Research, negotiate and procure IT hardware and enterprise software, financial data, and technology services.
- Technical project management and delivery (e.g., datacentre, exchange connectivity, data, and network services).
- Process improvement and documentation.
- Hardware and enterprise software asset lifecycle management.
- Cost reconciliation and spend analysis.
- Financial data administration and reporting.
Attributes
- Proven ability to manage supply chains to achieve beneficial logistical outcomes for the firm.
- Proven ability to reduce costs using a variety of procurement techniques, from formal tender processes through to more innovative methods.
- Proven ability to forecast, budget, and reconcile costs against spend.
- Proven ability to develop and document formal and informal management information, reports, processes, and procedures.
- Proven ability to interpret and negotiate beneficial terms in legal documents.
- Sufficient technical knowledge to consult on the types of technology or data being procured, and independently research and suggest alternatives.
- Articulate with a high level of proficiency in numerical and verbal reasoning.
- Capable of evaluating all options against all technical, commercial, logistical, risk etc and recommending the best option to the firm.
- Able to explain technical concepts and events to non-technical staff members.
- Able to manage, prioritise and deliver multiple tasks under pressure.
- Curate and maintain excellent working relationships with staff and vendors.
- Highly productive, and capable of reacting quickly to changing requirements in a fast-moving environment.
Experience
- Approximately 3 to 6 years of experience in IT Infrastructure and Services and/or Financial, Economic and Alternative Data sectors, ideally a domain expert in at least one discipline.
- Bachelor's degree in an analytical discipline or equivalent practical experience.
- Experience working with channel partners, systems integrators, and third-party service providers to deliver solutions.
- Proven experience of Procurement processes, including running sourcing activities such as RFPs.
- Contract and commercial negotiation.
- Project management experience in delivering technical services is desirable.
- Some hands-on technical experience is desirable.
