Procurement Manager - Software

Michael Page (UK); City Of London; On-site; GBP 82,000 - 87,000; Full time

Job summary

A leading recruitment firm is seeking a Procurement Manager specializing in software for a prominent organization in the financial services sector. This position involves developing procurement strategies, managing supplier relationships, and contract negotiations, requiring expertise in technology procurement and a strong understanding of financial services. The role offers a competitive salary ranging from £82,000 to £87,000, along with a comprehensive benefits package.

Benefits

Comprehensive benefits package

Generous holiday allowance

Opportunities for professional development

Qualifications

• Experience in procurement, specifically within the technology category, including software/cloud/SaaS.
• Strong knowledge of the Financial Services industry and its procurement needs.
• Ability to analyse market data and translate insights into actionable strategies.

Responsibilities

• Develop and implement procurement strategies for the technology category.
• Manage the entire procurement lifecycle for software products and services.
• Lead contract negotiations and ensure compliance with procurement policies.

Skills

Supplier relationship management

Negotiation skills

Market data analysis

Stakeholder management

Regulatory compliance knowledge

Education

Qualification in procurement, supply chain, or related field

Job description

Role

Procurement Manager - Software

Financial Services Background - Required

About Our Client

This is an opportunity within a large organisation operating in the Financial Services industry. They are well-established and recognised for their focus on innovation and excellence in their field. The company values expertise and strategic thinking in its Procurement & Supply Chain department.

Job Description

• Develop and implement procurement strategies for the technology category.
• Develop and implement comprehensive procurement strategies across a complex businesses the financial services sector.
• Manage the entire procurement lifecycle for software products and services, including sourcing, contract negotiation, supplier selection, and performance management.
• Partner with IT and business units to understand software needs, usage patterns, and budgetary constraints.
• Manage supplier relationships to ensure value and performance are optimised.
• Lead contract negotiations and ensure compliance with procurement policies.
• Analyse market trends to inform purchasing decisions and strategies.
• Collaborate with internal stakeholders to align procurement goals with business objectives.
• Monitor supplier performance and address any issues or risks proactively.
• Identify opportunities for cost savings and process improvements.
• Ensure all procurement activities adhere to relevant regulatory requirements.
• The successful candidate will work closely with IT, legal, finance senior stakeholders to drive value, mitigate risk, and enable business growth through effective software sourcing.

The Successful Applicant

A successful for this Procurement Manager - Software position should have:

• Experience in procurement, specifically within the technology category specifically across software/cloud/saas spend.
• Experience with TPRM and risk mitigation.
• Strong knowledge of the Financial Services industry and its procurement needs.
• Proven track record of managing supplier relationships and negotiations.
• Ability to analyse market data and translate insights into actionable strategies.
• Familiarity with procurement policies and regulatory requirements.
• Excellent communication and stakeholder management skills.
• A relevant qualification in procurement, supply chain, or a related field.

What's on Offer

• Competitive salary of approximately £82,000 to £87,000 per annum.
• Comprehensive benefits package to support your career and wellbeing.
• Generous holiday allowance and additional leave options.
• Opportunities for professional development and career progression.
• Work within a collaborative and forward-thinking company culture.

This is an exciting opportunity to join a leading organisation in London as a Category Manager - Tech. If you have the necessary expertise in procurement and a passion for the Financial Services industry, we encourage you to apply today!