Procurement Manager

3 weeks ago


London, United Kingdom Michael Page Procurement & Supply Chain Full time

Procurement Manager - IT/Technology & SaaS This role calls for a skilled Procurement Manager who specialises in IT/technology category management. The successful applicant will ensure the strategic sourcing of IT, digital and SaaS services and products in the banking and financial services sector.
The company is a well-established financial services business based in London.
Develop and implement sourcing and category strategies for key spend areas across IT/Tech, digital and SaaS.
Working collaboratively with business stakeholders to deliver a combination of quick wins and longer term strategic reviews and initiatives.
Predominantly responsible for leading strategic procurement projects across a variety of sub-categories in the client technology & IT tower - (Cloud based, IT change transformation, implementation and Outsourcing).
Managing supplier relationships and producing and delivering reports to senior management to track productivity, quality and efficiency of third party relationship.
Leading contract negotiations with IT vendors.
Ensuring compliance with procurement policies and regulations.
Managing relationships with key IT suppliers.
Coordinating with internal stakeholders to understand their IT needs.
Driving cost-saving initiatives in the procurement of IT services and products.
experience with SS2/20 regs and third party risk management in financial services
- IT and SaaS category implementation experience
The successful Procurement Manager - IT should have:
A degree in Business, Finance, IT, or Supply chain, or a related field
Experience in procurement, specifically within the IT sector.
Strong negotiation skills and a good understanding of contract law.
A solid understanding of the financial services industry.
Excellent communication and relationship-building skills.
Extensive procurement, strategic sourcing and supplier management experience with particular expertise within IT & Technology Procurement categories including "as a Service" models in software, platforms and Cloud, Professional Services, etc.
Understanding of good IT and business outsourcing disciplines
A competitive salary, estimated between GBP85,000 and GBP95,000per year.
Generous holiday leave.
A positive company culture that values teamwork and innovation.
The chance to contribute to a global player in the financial services sector.
We invite all suitable candidates to apply and join our dedicated team in delivering top-tier banking services.



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