Category Manager – Infrastructure / Services

TP ICAP Group; Belfast; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a dynamic Procurement Manager to enhance value through strategic sourcing and supplier management. This role involves developing a comprehensive Technology Category Sourcing Strategy, fostering relationships with stakeholders, and ensuring effective contract management. Join a forward-thinking organization that values innovation and collaboration, where your expertise in procurement will play a vital role in driving efficiency and value across the supplier landscape. If you're passionate about making a significant impact in a global firm, this opportunity is perfect for you.

Qualifications

• Significant experience in IT Infrastructure & Services procurement.
• Ability to lead complex contract negotiations over £250k p.a.

Responsibilities

• Support development of a 3-year Technology Category Sourcing Strategy.
• Build strong relationships with stakeholders and suppliers.

Skills

Commercial Contract Negotiations

Stakeholder Engagement

Sourcing Processes

Third-Party Risk Management

Relationship Building

Data Analysis

Tools

Procurement Tools

Job description

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

The Procurement function is responsible for the provision of leading edge procurement services aligned to business strategy and requirements, aiming to enhance value and productivity across the supplier value-chain through effective, efficient and agile processes delivered by a strategic, commercial and risk focused function. The function plays a crucial role in ensuring that the organisation achieves value (i.e. performance, financial, enhanced risk, etc.) from its global supplier landscape.

As such Procurement is accountable for the implementation and management of strategic procurement driving value through effective supplier relationship management, demand & consumption management, MI & BI analytics, third party risk management and the like.

At a high-level, the Procurement team are accountable for:

• Strategic Procurement
• Supplier Relationship Management
• Commercial Contract Management
• Market Data
• Supplier Cost Management
• Consumption Management
• Third Party Risk Management
• Regulatory Compliance
• Procurement Analytics and MI Management
• Contract Management
• Supplier Diversity & Inclusion
• Strategic Sourcing Strategy
• Technology and Innovation

Role Responsibilities

• Support the Global Lead Procurement – Technology Services with development and implementation of 3 year rolling Technology Category Sourcing Strategy, including supplier segmentation, supplier consolidation strategy, PSL category definition and strategic procurement levers implementation.
• Define and agree Technology Infrastructure & Services category plan that delivers ongoing commercial value in terms of cost, performance and risk in accordance with the overall procurement strategy aligned to the business objectives and strategies.
• Build strong relationships with technology and business stakeholders, business management and finance as well as third party suppliers.
• Provide market insights to the broader procurement team including key stakeholders, senior management and the procurement sourcing office.
• Deliver sourcing process including pipeline management, competitive tenders and benchmarking to identify best supplier option is identified and commercial, contractual, performance and service delivery stipulations are embedded and aligned to business requirements.
• Ensure and complete all relevant Third Party Risk Management activities on a timely basis through liaison with the Procurement Efficiency Office.
• Ensure that all technology infrastructure & services contracts have been abstracted and added to the contract repository and contract meta data is kept up-to-date throughout the contract lifecycle.
• Assign technology infrastructure & services contract sourcing projects (£250k p.a.) negotiations with suppliers.
• Participate and manage appropriate Governance forums and develop supporting metrics & reporting in conjunction with the Procurement Efficiency Office.
• Collaborate and support the commercial contract management team with the management of the category Panels and Preferred Supplier Lists, performance and commercial issues during the post-deal contract period.
• Provide support to the Procurement Efficiency Office with supplier onboarding queries and process issues, as well as offboarding of suppliers upon contract termination.

Experience / Competences

Essential

• Significant experience in commercial contract negotiations and developing category strategies specifically in IT Infrastructure & Services spend categories.
• Ability to communicate effectively both verbally and in writing, with a track record of engaging and influencing key stakeholders, suppliers, and senior leadership.
• Demonstrated expertise in sourcing processes, including pipeline management, competitive tenders, and benchmarking to ensure optimal supplier selection.
• Understanding of third-party risk management processes, with the ability to execute required risk assessments and support contract compliance.
• Proven capability to establish strong relationships with technology and business stakeholders as well as with suppliers to ensure alignment and collaboration on procurement objectives.
• Ability to lead complex contract negotiations for high-value contracts (over £250k p.a.) with suppliers to secure favourable terms aligned with the company’s needs.
• Experience in managing multiple sourcing projects, including participation in governance forums, to ensure procurement initiatives align with organizational goals.

Desired

• Demonstrable record of achieving cost savings and enhancing value for money through strategic sourcing initiatives.
• Proven skill in developing and implementing long-term procurement strategies that align with business goals and demonstrate measurable results.
• Familiarity with the procurement challenges, regulatory requirements, and supplier landscapes unique to the company’s industry, which can aid in strategic decision-making.
• Experience in assessing supplier capabilities, managing supplier performance, and building strong, mutually beneficial relationships to support long-term business objectives.
• Ability to analyse data and market trends to identify cost-saving opportunities, assess supplier performance, and make informed, data-driven decisions.
• Knowledge of procurement tools and technologies that streamline procurement operations, enhance data visibility, and improve process efficiencies.

Job Band & Level

• Manager / 7

Location

UK - City Quays - Belfast