At a Glance
- Tasks: Join us as a Procurement Analyst (IT) and manage global procurement needs across multiple locations.
- Company: BlueCrest is a leading firm focused on delivering top-notch procurement solutions in a tech-driven environment.
- Benefits: Enjoy a dynamic work culture, opportunities for growth, and the chance to make a real impact.
- Why this job: Be part of a fast-paced team that values innovation and collaboration while driving commercial success.
- Qualifications: Experience in IT procurement, strong negotiation skills, and a knack for managing multiple projects are essential.
- Other info: We celebrate diversity and are committed to creating an inclusive workplace for everyone.
The predicted salary is between 43200 - 72000 £ per year.
Role Title: Procurement Analyst (IT)
Department: Procurement
Location: London
Permanent
Department Overview:
The Procurement function at BlueCrest is centralised within the London office but this role is Global in nature. The successful candidate will need to support the delivery of the Firm’s requirements across, London, New York, Singapore, Jersey, Geneva, Dubai and several smaller office locations. The role will require an individual with a commercial and enquiring nature to understand the varied and sometimes complex requirements across all BlueCrest departments, and demonstrate a track record of delivering best in class procurement solutions whilst, containing cost within a complex global technology focused environment.
The individual will be key to the ongoing successful delivery of the Procurement function at BlueCrest, and specifically managing the complex needs associated to a fast-moving procurement department. It is essential that the candidate demonstrates the ability to take accountability for their category, work as a team member, build successful relationships and support the various departments and their needs.
Role Requirements:
- Delivering in accordance with the Global Procurement Strategy and Category Strategies for IT.
- Responsible for the end-to-end procurement within your respective category, with support from senior team members.
- Accountable for driving commercial value and exercising best practice in accordance with a high performing organisation.
- Maintaining the Contract Database and carrying out regular reviews of all category contracts.
- Collaborate with key stakeholders and develop relationships both internally and externally to drive value-add engagements.
- Commercially astute and able to lead negotiations across categories (HR, Legal, Facilities). Day to day administrative and operational duties within category remit utilising the Company’s ERP system.
- Liaise with Stakeholder to ensure purchasing requirements are understood and comply with internal governance and procurement policies.
- Lead commercial negotiations and facilitate contractual negotiations, for both new requirements as well as contract renewals. This will require the candidate to work/partner closely with the following internal stakeholders in the delivery of their tasks: Finance, Account Payable, Tax, Legal and Compliance.
- Manage and ensure all required due diligence checks are carried out on all new suppliers to BlueCrest.
- The provision of necessary quarterly reports as required from the business.
- Value-add stakeholder and vendor management.
- Supporting line manager to deliver continued strategic solutions for the Global Procurement team
Experience Needed:
- Experience of IT procurement, ideally within Financial Services or Technology organisations.
- Experience of managing IT VARs.
- Experience executing IT renewals and leading RFx processes.
- Ideally operating at a Buyer/Senior-Buyer level.
- Experience of managing end–to-end procurement ordering solutions/systems
- Ability to manage and prioritize multiple projects in a fast moving environment.
- Ability to deliver successful negotiations results and contract tendering
- Strong commercial awareness
- The CIPS qualification (Desirable)
BlueCrest is committed to providing an inclusive environment for its workforce. As an employer, we provide equal opportunities to all people regardless of their gender, marital or civil partnership status, race, religion or ethnicity, disability, age, sexual orientation or nationality.
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Procurement Analyst (IT) employer: BlueCrest Capital Management
Contact Detail:
BlueCrest Capital Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Analyst (IT)
✨Tip Number 1
Familiarize yourself with the global procurement strategies and category strategies for IT. Understanding these frameworks will help you align your experience and skills with the expectations of the role.
✨Tip Number 2
Network with professionals in the IT procurement field, especially those who have experience in financial services or technology organizations. Building relationships can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with managing IT VARs and executing IT renewals. Be ready to share specific examples of successful negotiations and how you added value in previous roles.
✨Tip Number 4
Highlight your ability to manage multiple projects in a fast-paced environment during interviews. Use examples that demonstrate your organizational skills and how you prioritize tasks effectively.
We think you need these skills to ace Procurement Analyst (IT)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Procurement Analyst (IT) position. Understand the key responsibilities and required skills, especially focusing on IT procurement and stakeholder management.
Tailor Your CV: Customize your CV to highlight relevant experience in IT procurement, particularly within financial services or technology organizations. Emphasize your ability to manage multiple projects and deliver successful negotiation results.
Craft a Compelling Cover Letter: Write a cover letter that showcases your commercial awareness and your track record in delivering best-in-class procurement solutions. Mention specific examples of how you've successfully managed end-to-end procurement processes.
Highlight Relevant Qualifications: If you have the CIPS qualification or any other relevant certifications, make sure to mention them prominently in your application. This can set you apart from other candidates and demonstrate your commitment to the field.
How to prepare for a job interview at BlueCrest Capital Management
✨Understand the Global Procurement Strategy
Make sure you familiarize yourself with BlueCrest's Global Procurement Strategy and how it applies to IT. Be prepared to discuss how your experience aligns with their goals and how you can contribute to delivering best-in-class procurement solutions.
✨Showcase Your Negotiation Skills
Since the role involves leading commercial negotiations, come ready with examples of successful negotiations you've led in the past. Highlight your ability to drive commercial value and how you’ve navigated complex contract renewals or RFx processes.
✨Demonstrate Stakeholder Management Experience
Be prepared to talk about your experience in managing relationships with various stakeholders. Discuss how you've collaborated with internal teams like Finance, Legal, and Compliance to meet procurement needs and ensure governance.
✨Highlight Your IT Procurement Experience
Since the role requires specific experience in IT procurement, make sure to emphasize your background in this area. Discuss any relevant experience you have with IT VARs and managing end-to-end procurement processes, especially in fast-paced environments.