Procurement Specialist - IT

ZipRecruiter; London; On-site; GBP 50,000 - 65,000; Full time

Job summary

A leading banking brand is seeking a Group Senior Buyer - IT in London. This role involves designing and executing category strategies, engaging with senior stakeholders, and ensuring compliance while delivering value. The successful candidate will have strong negotiation and analytical skills, with a background in Technology or IT categories.

Benefits

Discretionary Bonus

Private Healthcare

Pension

Full benefits package

Qualifications

• Experience in Technology or IT categories.
• Worked in a large, cross-functional procurement team.

Responsibilities

• Create category strategies and deliver annualised savings.
• Engage and influence senior stakeholders from Director to Board level.
• Monitor supplier risk and performance.

Skills

Stakeholder Management

Negotiation

Analytical Mindset

Communication

Education

MCIPS Qualification

Job description

Job Description

Group Senior Buyer - IT | £50,000 to £65,000 | Discretionary Bonus | Private Healthcare | Pension | Full benefits package | City of London - 2 days a week | Well known Banking brand

A fantastic opportunity working for a well known Merchant and Investment Bank who are based in the City of London, who have recently transitioned into a category management structure, working across the whole business from a group perspective,

Work closely with the Category Lead - Corporate to design and execute category strategies, optimising commercial value and reducing the risks associated with third party relationships, as well as be responsible for continuing to embed the TPRM framework, driving engagement from business stakeholders and ensuring compliance with policy whilst delivering value.

Role and responsibilities:

• Reporting into the Group Category Lead - IT, who has supported the companies recent shift towards a Category Management approach
• Create relevant category strategies through to the delivery and performance including year on year annualised savings
• Develop category plans and strategies to ensure alignment for the group, leveraging suppliers to support local offices
• Support the development of category strategies to a clear and prioritised pipeline of sourcing projects
• Engage, manage and influence senior stakeholders from Director to Board level to ensure buy-in, utilising strong market knowledge
• Build relationships with key stakeholders to ensure a rounded knowledge of a suppliers performance
• Monitor supplier risk and performance through reporting tools and business feedback
• On top over delivering strategic projects, ensure the business is getting the best service in line with cost efficiency

Experience and requirements:

• Category experience in Technology or IT categories - also open to Indirects
• Worked for a large, complex business ideally within the Professional & Financial Services Sectors (not essential - other Private Sector industries considered)
• Ability to engage, negotiate and influence senior stakeholders up to Director level+
• Strong stakeholder management, using different approaches to type, level and maturity of relationship
• Analytical mindset and have strong communication skills to present ideas to the business
• Worked in a large and cross-functional procurement team
• MCIPS qualification nice to have, but not essential