At a Glance
- Tasks: Lead technology procurement, manage significant spend, and optimise vendor relationships.
- Company: Join Alter Domus, a leader in alternative investment solutions with a collaborative culture.
- Benefits: Enjoy flexible work, generous holidays, and support for professional development.
- Other info: Be part of a culture that promotes continuous learning and ethical practices.
- Why this job: Make an impact in a dynamic environment while advancing your career.
- Qualifications: 5-10 years in procurement, strong negotiation skills, and tech knowledge required.
The predicted salary is between 63000 - 77000 £ per year.
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As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different - in what we do, in how we work and most importantly in how we enable and develop our people.
Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
Find out more about life at Alter Domus at careers. alterdomus. com
Reporting to the Head of Technology Procurement, you will own Technology procurement for Alter Domus, managing a significant portion of our €90M annual spend across Software and Saa S, Cloud and Infrastructure, IT and Managed Services, Telecoms, Hardware and Data/Market Data.
You will set and execute category sourcing strategies, drive commercial value, and strengthen vendor relationships across Alter Domus.
Working closely with the wider Procurement team, Technology leadership and stakeholders across the business, you will improve margin, optimise cost structures and elevate procurement maturity across Technology procurement.
RESPONSIBILITIES
- Lead end to end sourcing activity including spend and market analysis, RFP preparation, bid assessment, supplier negotiation and contract support, including complex, multi-year technology tenders.
- Apply commercial acumen and negotiation skills to secure best total value and optimal total cost of ownership across licensing, subscription, consumption and managed service models.
- Be comfortable and efficient in applying leverage in commercial negotiations with global software, cloud and IT services vendors.
- Harness your expert knowledge of the technology supply market and the commercial models that exist – perpetual, subscription, consumption-based, outcome-based and blended resourcing – to ensure that Alter Domus has optimised commercial and vendor relationships.
- Comfortable dealing with ambiguity and the ability to make decisions with less than 100% data.
- Implement a robust set of KPIs and measurement practices to ensure best-in-class supplier agreements, interacting with strategic technology suppliers and partners to ensure any issues are identified and tackled fast, while building proactive and positive supplier relationships to enhance their performance for the firm.
- Ability to build categories and long-term strategic plans whilst also being able to deliver operationally. The role is a combination of strategic and operational.
- Lead all elements of spend management for your categories, including strategic understanding of the technology supply market place, pricing and term negotiations, renewal and true-up management, preparation and analysis of bid proposals/packages, supplier selection, negotiation and communication with users across Alter Domus and the functions.
- Stakeholder Engagement
- Partner with key senior stakeholders across Technology, Risk, People, Finance, Legal and other global functions to understand requirements, influence and challenge demand, and deliver robust, transparent procurement processes.
- Partner across all global functions to develop and implement optimal strategic sourcing strategies, as well as with the wider business to drive margin improvements while increasing the sophistication of our sourcing and procurement practices.
- Build trusted, collaborative relationships across the organisation, acting as a knowledgeable and solutions-oriented business partner to Technology leadership in particular.
- Operational & Process Excellence
- Contribute to the Procurement Transformation through adoption of new processes, tools, analytics and ways of working.
- Be comfortable with ambiguity whilst the Procurement Transformation is being implemented (Orchestration, CM, Spend Analytics and Market Intelligence).
- Maintain a strong understanding of the technology supply market and commercial models to support informed decision-making, and deliver a compliant procurement process with accurate savings tracking and financial forecasting.
- Support the development of procurement documentation, playbooks and best practices, and ensure effective contract management, supplier performance management and service level governance across the technology vendor base.
In addition you will need to
- Promote and build Alter Domus' brand and culture both internally and externally, acting as an ambassador and role model to employees, clients, and customers and other external stakeholders.
- Support the development and engagement of employees at all levels, actively promoting the Employer Value Proposition within all regional teams and role modelling the Alter Domus values to our people, clients and customers.
- Foster a culture of continuous learning and development, encouraging employees to enhance their skills and knowledge.
- Drive a culture of compliance and risk control to mitigate financial, operational and reputational risks.
- Promote ethical business practices, enhancing the company's reputation and social impact and ensuring Alter Domus maintains the highest Environmental, Sustainability and Governance (ESG) standards.
- PROFILE
- 5-10 years’ experience in procurement roles, ideally within a financial services or professional services environment.
However, attitude and ability to showcase delivery excellence is more important than industry knowledge.
- Strong knowledge of Technology – software and Saa S, cloud and infrastructure, IT and managed services, telecoms and data – with a solid grasp of technology licensing and commercial models.
- Solid understanding of Category Management and strategic procurement methodologies. More importantly, applying this knowledge in a fit for purpose manner.
- Strong analytical, commercial and negotiation capabilities, including experience negotiating IT and services contracts alongside Legal and Risk.
- Ability to balance strategic thinking with hands‑on operational delivery.
- Confidence working with senior stakeholders and managing multiple priorities in a fast-moving environment.
- Excellent written and oral skills in English, with the ability to communicate credibly with internal and external stakeholders at all levels.
- Results and action oriented, with a demonstrated ability to implement and drive projects, processes and improvement in a multinational environment.
- LEADERSHIP & BEHAVIOURAL COMPETENCIES
- Ability to remain calm and effective under pressure.
- Strong interpersonal skills, with the ability to influence, communicate clearly and build trust quickly.
- Comfortable navigating ambiguity and making informed decisions without full information.
- Commitment to ethical practice and high‑quality outcomes.
- High levels of energy, curiosity and ownership.
- You will demonstrate superior business insight and commercial acumen combined with strong technical expertise, analytical problem-solving skills.
- You will have an intellectual curiosity and a global mind-set, allowing you to partner effectively across teams and beyond with agility and flexibility.
You will challenge the current status quo to improve things.
- You will have high energy and passion to drive the business and positively influence others, you will avoid complacency and strive for the business to succeed, acting quickly to tackle any issues.
- You will be adept at managing competing demands on your time, actively prioritising and remaining calm under pressure while navigating complexity and challenges with confidence and resilience.
- You will possess strong interpersonal skills – influencing and building trust quickly, navigating complexity and ambiguity with confidence and negotiating with tenacity and focus.
You will be decisive and persuasive to achieve the results.
- You will be able to manage diverse stakeholders ranging from board members to finance professionals in the team.
- You will demonstrate personal resilience in the context of an international company in high-growth mode.
- You will demonstrate a strong commitment to high integrity and ethics.
• Demonstrate the AD Values
- KEY RELATIONSHIPS
- Group Procurement Director
- Head of Technology Procurement
- Technology leadership and senior leaders across all LOB’s and Functional areas across the business
- Finance, Legal, Risk, and other Central Functions
- Strategic technology suppliers and delivery partners
WHAT WE OFFER
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from Linked In Learning.
Our global benefits also include
- Support for professional accreditations such as ACCA and study leave
- Flexible arrangements, generous holidays, plus an additional day off for your birthday!
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- 24/7 support available from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Alter Domus is an Equal Opportunity Employer: Equity Statement
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
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Technology Procurement Manager in London employer: Alter Domus
At Alter Domus, we pride ourselves on being a world-leading provider of integrated solutions for the alternative investment industry, offering a dynamic work culture that fosters open communication and merit-based progression. Our commitment to employee development is evident through our Alter Domus Academy, which provides tailored learning resources, alongside generous benefits such as flexible arrangements, additional holidays, and support for professional accreditations. Join us in Luxembourg, where you will be part of a collaborative team dedicated to driving innovation in investor lifecycle management while enjoying a supportive environment that values your growth and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Technology Procurement Manager in London
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Alter Domus.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Technology Procurement Manager in London
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Alter Domus:Your cover letter should read like you’re chatting directly to Alter Domus. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Alter Domus.
How to prepare for a job interview at Alter Domus
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Alter Domus!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Alter Domus. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Alter Domus's culture.