Procurement Specialist

TEKsystems; Greater London; On-site; GBP 64,575 - 83,025; Part time

Job summary

A leading IT services company is looking for a Procurement Specialist to efficiently source IT products and services. The role focuses on negotiations with suppliers, managing procurement projects, and collaborating with global teams. Ideal candidates should have at least 3 years of procurement experience within banking and a strong understanding of sourcing techniques. This contract position offers a daily rate between £350 and £450 and is based in London.

Qualifications

• Minimum 3 years’ procurement experience, specifically within banking.
• Experience negotiating with external vendors.
• Strong understanding of compliance with contract law and risk frameworks.

Responsibilities

• Manage end-to-end procurement projects of medium complexity.
• Negotiate and manage local supplier contracts independently.
• Support development of sourcing strategies and pricing models.
• Ensure compliance with internal guidelines and third-party risk frameworks.
• Collaborate with Corporate Procurement HQ to optimize sourcing.

Skills

Procurement experience

Contract management

Negotiation skills

Sourcing techniques

Understanding procurement systems

Job description

Base pay range

Role Purpose

Our banking client is seeking a procurement specialist responsible for efficient and cost‑effective sourcing of products and services across all categories, with a strong focus on IT procurement (software, hardware, networking, data centers). This role supports London‑based stakeholders while collaborating with global procurement teams.

Requirements

• Minimum 3 years’ procurement experience (must be within banking).
• Experience with contracts, negotiations and external vendors.
• Strong understanding of sourcing techniques and procurement systems.

Key Responsibilities

• Manage end‑to‑end procurement projects with medium complexity and risk.
• Negotiate and manage local supplier contracts independently.
• Support development of sourcing strategies, pricing models, and negotiation tactics.
• Ensure compliance with internal guidelines, contract law, and third‑party risk frameworks (e.g., DORA).
• Work closely with Corporate Procurement HQ and nearshore teams to optimise sourcing.

Job Title: Procurement Specialist

Location: London, UK

Rate/Salary: 350.00 - 450.00 GBP Daily

Job Type: Contract

Trading as TEKsystems. Allegis Group Limited, Maxis 2, Western Road, Bracknell, RG12 1RT, United Kingdom. No. 2876353. Allegis Group Limited operates as an Employment Business and Employment Agency as set out in the Conduct of Employment Agencies and Employment Businesses Regulations 2003. TEKsystems is a company within the Allegis Group network of companies (collectively referred to as "Allegis Group"). Aerotek, Aston Carter, EASi, Talentis Solutions, TEKsystems, Stamford Consultants and The Stamford Group are Allegis Group brands.

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Seniority level

Not Applicable

Employment type

Full‑time

Job function

Purchasing and Supply Chain

Industries

IT Services and IT Consulting