IT Procurement Manager

Schroders; Greater London; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Flexible working arrangements

Job summary

Schroders in London is seeking a Procurement Manager (IT) to join the Group Procurement team. You will lead IT category sourcing, contract and risk management across a global, dispersed supplier base, delivering maximum commercial value.

You will collaborate with internal partners, design SRM frameworks, negotiate with technology suppliers, and drive continuous improvement while reporting savings and benefits to management. The role sits in a dynamic, globally minded investment manager.

Responsibilities

• Lead IT category management including strategic sourcing, contracts, performance and risk management.
• Drive SRM across the IT supply chain and manage supplier relationships.
• Determine market approaches, commercial models and supplier selections for products/services.
• Collaborate with internal teams to map requirements to sourcing strategy.
• Provide procurement services to deliver commercial advantage and negotiate terms with tech suppliers.
• Influence stakeholders to secure optimal outcomes and champion best practice.
• Report savings and benefits to management and track procurement analytics.

Skills

Category management

IT procurement

Supplier Relationship Management

Sourcing strategy

Negotiation

Stakeholder management

Procurement analytics

Job description

We are looking for a Procurement Manager (IT) to join our Group Procurement team.Group Procurement is the centre of excellence for active commercial management of all of Schroders’ supply chain, enabled by great people, disciplined cost management and seamless risk and compliance. Group Procurement sits within the COO Corporate Functions, supporting the wider business on all its third-party commercial activity. The team are made up of multiple disciplines across Market Data, Technology, Corporate Services, Third Party Risk and Operations. Located across London, Horsham, Singapore, and New York.

About Us

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.

The base

We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre and we have everything we need to work flexibly.

What you'll do

This role will provide procurement expertise across the group in order to maximise the long term value from all that Schroders procures. This will involve the identification and implementation of global procurement opportunitiesin a geographically dispersed environment with respect to supplier management, sourcing, systems, processes and reporting. The role will be based in London. The Procurement Manager would have a core focus on the IT category with the following responsibilities:

• Category management including strategic sourcing, contract, performance and risk management across a broad range of IT categories.
• Leading on Supplier Relationship Management (SRM) across the IT supply chain.
• Activity delivery across a spectrum of business areas to determine the appropriate approach to market, optimum commercial models and supplier relationships for a product/service.
• To work closely with internal business colleagues to understand their requirements, mapping these to the sourcing strategy in line with overall procurement strategy.
• To provide procurement services that deliver maximum commercial advantage to Schroders including selection and application of appropriate procurement processes for a particular product/service.
• Challenging and influencing business stakeholders where appropriate to ensure the best outcome for Schroders.
• To negotiate appropriate commercial and contractual arrangements with technology suppliers for all products/services.
• Champion continual improvement and procurement best practice within the global business.
• Reporting on procurement activities, including savings and benefits achieved to management.
• Demonstrable experience of successfully operating within a strategic procurement team.
• Notable level of IT category expertise including major outsourcing arrangements.
• Experience of standing up a supplier relationship management (SRM) framework.
• Flexible approach to work with an ability to adapt to change.
• Excellent levels of communication, able to influence and persuade others, whilst building strong working relationships.
• Track record of global/regional delivery across complex environments.
• Demonstrable experience of utilising and managing procurement systems and tools.
• Strong analytics experience in order to understand and interpret information bringing insight.
• Excellent organisation, presentation and problem solving skills.
• Excellent IT and numeracy skills.

The knowledge, experience and qualifications you need

The knowledge, experience and qualifications that’ll help

What you’ll be like

• Capable of remaining positive when under pressure.
• Friendly, approachable, enjoys working with people from a variety of backgrounds.
• Ability to work with minimal supervision in a dynamic and time critical environment.
• Continuous improvement mind-set, challenges the status quo and seeks self improvement.
• Earn respect from colleagues and willing to complete tasks at either end of the complexity spectrum.

We Recognise Potential, Whoever You Are

Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.

We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.

About Us

We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.