Procurement Sourcing Specialist - Services

FIS. Empowering the Financial World; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player in financial technology is seeking a dedicated procurement professional to join their dynamic team in London. In this role, you will lead sourcing engagements and develop strategic relationships across the EMEA region. With a focus on delivering exceptional value and efficiency, you will manage supplier negotiations, execute projects, and ensure compliance with procurement standards. This position offers a multifaceted job with significant responsibility, a modern work environment, and ample opportunities for professional growth. If you are passionate about making an impact in the financial services sector, this is the perfect opportunity for you.

Benefits

Competitive salary

Professional development opportunities

International work environment

Dedicated team support

Qualifications

• 4+ years of procurement experience with multiple category areas.
• Strong negotiation execution and supplier management skills.
• Ability to analyze financial data for sourcing decisions.

Responsibilities

• Lead sourcing engagements in the Third Party Labour category.
• Develop relationships with business owners and suppliers.
• Support business owners in developing specifications for contracts.

Skills

Strategic sourcing

Contract negotiation

Supplier performance management

Relationship management

Category management

Project management

Financial analysis

Communication skills

Problem solving

Time management

Education

Bachelor's Degree

Job description

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor's Degree

Travel Percentage :

0%

Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

About the team

You will be part of the FIS' Global Supply Chain Management team, with responsibilities and day to day accountability within the EMEA region, you will apply local and global thinking in all you do. You will support a variety of business owners across FIS to meet Third Party Labour and Enterprise Service needs, collaborating in the alignment of strategy, ensure efficiency of opportunities to deliver successful outcomes adding value to the FIS business. FIS is a leading global Fintech and will provide you with a varied and fast paced environment where you will be able to flourish and grow your Category Management skills.

What you will be doing

The primary responsibilities for this position include, but are not limited to, the following:

• Leads and supports sourcing engagements in the Third Party Labour category including needs analysis, RFI and RFP development, cost and proposal analysis, supplier negotiation through to contract execution

• Develops relationships with business owners across the region and globally

• In partnership with business owners, executes multiple low to medium complex projects concurrently to maximise commercial and strategic value

• Facilitates development of relationships with vendors/suppliers and maintains relationships for long-term contracts

• Participates in category reviews

• Delivers a superior customer experience to business owners

• Develops purchasing programs

• Develops relationships and purchasing arrangements with suppliers

• Supports business owners in developing specifications for new contract orders

• Gathers quotations, examines bids and makes awards

• Through the use of spend analysis tools, monitors cost, schedule and scope of suppliers to assure best quality at best value

• Resolves outstanding issues, complies with supplier requests and responds to business owner inquiries

• Serves as liaison suppliers within own and other subcategories

• Liaises with Risk Management team as necessary to mitigate supplier risk

• Active member of the Supply Chain Management team providing support as necessary for departmental success, regionally and globally

• Supports and deputises for the Supply Chain Manager as necessary

• Supports and deputises for team members across other categories as capacity necessitates, in particular Facilities, Marketing and HR

• Other related duties assigned as needed

Required Skills and Experience

To be successful, this individual should possess the following skills and attributes:

• Knowledge and experience of strategic sourcing, contract negotiation and management, supplier performance, relationship, and category management

• Knowledge of relevant regional supply markets

• Understanding of business, financial, and economic ramifications of various procurement actions

• Track record of successfully achieving savings targets, negotiating deals, and delivering good customer service

• Ability to develop strong working relationships with internal clients and suppliers

• Knowledge of project management methods and techniques

• Good working knowledge of legal and contracting requirements

• Ability to understand and analyse financial data to support source selection decisions

• Excellent verbal and written communication skills to technical and non-technical audiences of various levels in the organization, e.g., executive, management, individual contributors

• Solid problem solving, team and time management skills managing multiple deadlines for self and others

• Proficiency in making projections of future expenses based on analysis of cost effectiveness of past expenditures

• Proficiency to operate independently

What you will bring:

• Ideally 4+ years of procurement or relevant experience with experience in multiple category areas

• Understanding of key contracting concepts and legal terms

• Working knowledge of accounting principles, financial modelling, and business case development, evaluation, and presentation

• Good business savvy and commercial negotiation skills

• Strong third-party negotiation execution

• Supplier / third-party management and development

• Solid organizational and project management skills

• Process driven with strong analytical and problem-solving skills

Preferred licensures / Certifications:

Working towards Certified Purchasing Manager, Certified Professional in Supply Management, MCIPS or similar distinction preferred; Lean / Six Sigma Green Belt equivalent a plus

What we offer you:

• A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities

• A modern, international work environment and a dedicated and motivated team

• A broad range of professional education and personal development possibilities – FIS is your final career step!

• A competitive salary and benefits

• A variety of career development tools, resources and opportunities

• The chance to work on some of the most challenging, relevant issues in financial services & technology

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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