IT Procurement Specialist

Co-operative Bank plc; Coventry; Hybrid; GBP 60,000 - 95,000; Full time

Benefits offered by this job

28 days holiday + bank holidays

Annual discretionary bonus

Pension with matched contributions

Life assurance (6x salary)

Job summary

Coventry Building Society is recruiting an IT Procurement Specialist to drive sourcing across a growing technology portfolio. You will lead supplier engagement, negotiation and contract award, delivering commercial value while managing risk and ensuring compliant procurement practices.

The role offers hybrid working with 1-2 days per week in Coventry, exposure to major IT transformation projects, and a supportive team focused on development and progression within procurement.

Qualifications

• Proven IT procurement experience delivering sourcing and supplier negotiation outcomes.
• Strong stakeholder management across business and technology teams.
• Knowledge of commercial models, sourcing methodologies and supplier management principles.
• Knowledge of regulatory considerations relevant to IT procurement.
• Experience managing procurement exercises, including supplier selection, tendering and contract negotiations.
• Strong analytical, commercial and problem-solving capabilities with the ability to prioritise workloads and deliver to deadlines.
• Excellent written, verbal and presentation communication skills.

Responsibilities

• Support and lead sourcing exercises from supplier engagement through to contract award.
• Deliver commercial value and manage risk through compliant procurement practices.
• Contribute to IT supplier portfolio sourcing strategies and identify opportunities to deliver value and innovation.
• Collaborate with Procurement, IT and Change teams across projects and initiatives.

Skills

IT procurement

Stakeholder management

Commercial models

Regulatory knowledge

Procurement negotiations

Analytical skills

Communication skills

Education

MCIPS qualification or working towards CIPS accreditation

Job description

Join our highly regarded IT Procurement team at an exciting time for the Group. As we continue our integration with Co-operative Bank, this role offers the opportunity to contribute to major transformation initiatives and help shape the future of IT procurement across a growing and evolving organisation.

As an IT Procurement Specialist, the role holder will support procurement activity across a diverse technology spend portfolio, supporting and leading sourcing exercises from supplier engagement through to negotiation and contract award. Working closely with colleagues across Procurement, IT and Change, the focus will be on delivering commercial value, encouraging innovation and managing risk through robust and compliant procurement practices.

The role will play a key part in supporting the delivery of sourcing strategies across areas of the IT supplier portfolio, identifying opportunities to improve value, enhance supplier performance and support the Group's long-term objectives. This is an excellent opportunity to join a respected and collaborative Procurement team, gain exposure to high-profile projects and further develop a career in a function that offers genuine progression and development opportunities.

We operate a team-led hybrid approach, with colleagues typically spending 1-2 days per week in our Coventry office.

Our benefits include:

• 28 days holiday a yearplus bank holidays and a holiday buy/sell scheme
• Annual discretionary bonus scheme
• Personal pension with matched contributions
• Life assurance (6 times annual salary)

Find out more about the fantastic benefits of joining Coventry Building Society here .

About you

We're looking for a confident and commercially minded procurement professional with proven IT or technology procurement experience. You'll enjoy building strong stakeholder and supplier relationships, negotiating successful commercial outcomes and identifying opportunities to deliver value and innovation.

You'll bring strong commercial awareness, a proactive approach to problem-solving and the ability to manage multiple priorities in a fast-paced environment. In return, you'll gain exposure to a broad range of strategic IT sourcing activities and business-critical projects while continuing to develop your skills within a supportive and well-respected Procurement team.

For this role you’ll need to have:

• Proven IT or technology procurement experience, with a track record of delivering successful sourcing and supplier negotiation outcomes.
• Strong stakeholder management skills, with the ability to build effective relationships across business and technology teams.
• A strong understanding of commercial models, sourcing methodologies and supplier management principles.
• Knowledge of commercial and regulatory considerations relevant to IT procurement.
• Experience managing procurement exercises, including supplier selection, tendering and contract negotiations.
• Strong analytical, commercial and problem‑solving capabilities, with the ability to prioritise workloads and deliver to deadlines.
• Excellent written, verbal and presentation communication skills.

Experience in these areas would be helpful:

• MCIPS qualification or working towards CIPS accreditation.
• Experience developing and implementing category strategies.
• Knowledge of current trends within IT procurement and the wider technology market.
• Experience developing specifications, evaluation methodologies and sourcing documentation.
• Understanding of third‑party risk management and IT outsourcing requirements.

About us

In 2025, Coventry Building Society purchased The Co-operative Bank. Bringing together our purpose‑led building society with the UK’s original ethical bank was the start of an exciting journey.

Trusted by over four million people, we’re a mutually owned business free from shareholders, and with our combined experience of almost 300 years, our ethics and dedication will continue to guide us. Together, we have shared values and an ethical approach towards our members, customers and colleagues.

We’re officially recognised as a ‘Great Place to Work’ and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing.

We’re serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you’ll build more than just a career with us.

Flexibility and why it matters

We understand the need for flexibility, so wherever possible, we’ll consider alternative working patterns.Have a chat with us before you apply to see what the possibilities are for this role.

Proud to be a Disability Confident Committed Employer

We’re proud to offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.

Coventry-Binley Business Park, Hybrid, Manchester

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Finance

Vacancy Type Employment Type:

Full Time

Advertising Salary: Salary Details:

£67,600 - £95,000 (Dependent on experience) plus £5,500 car allowance

Coventry-Binley Business Park, Hybrid, Manchester

Coventry-Binley Business Park, Hybrid, Manchester

Coventry-Binley Business Park, Hybrid, Manchester

Coventry-Binley Business Park, Manchester

£59,600 - £81,950 (Dependent on experience) plus £5,500 car allowance