At a Glance
- Tasks: Lead a dynamic team in managing procurement processes and supplier onboarding.
- Company: Join LSEG, a global leader in financial markets with a commitment to innovation.
- Benefits: Enjoy competitive pay, healthcare, and opportunities for personal growth.
- Other info: Be part of a diverse team that values your individuality and ideas.
- Why this job: Make a real impact in a collaborative environment focused on excellence and sustainability.
- Qualifications: Experience in procurement and strong leadership skills are essential.
The predicted salary is between 60000 - 80000 £ per year.
LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us.
Through a comprehensive suite of trusted financial market infrastructure services, we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.
People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives.
As Manager, Procurement Shared Services, you will lead, develop and empower a team responsible for approving Purchase Requisitions (PRs) and onboarding new suppliers across the LSEG group. You will drive operational excellence, strengthen controls, ensure compliance with procurement standards and deliver a seamless P2P experience for global internal clients and suppliers.
KEY RESPONSIBILITIES:
- Lead the Procurement Shared Service Center (PSSC) team (4 FTE) responsible for PR approvals (managing c. £3bn annual spend) and onboarding approximately 1,000 new suppliers per year.
- Ensure consistent delivery of high-quality, compliant procurement services in line with policies and SLAs.
- Serve as the escalation point for complex PR, PO and onboarding issues.
- Drive continuous improvement in P2P processes, data quality, workflow efficiency and control frameworks.
- Ensure strong compliance with procurement policy, contract standards, and governance requirements.
- Act as Subject Matter Expert for P2P processes, advising internal clients and minimising operational risk.
- Work with cross-functional teams to resolve quality, supplier, and system issues proactively.
- Maintain complete and accurate data across procurement tools.
- Support enhancements, implementation and optimisation of procurement technology solutions.
- Partner with global category teams, finance, suppliers, business stakeholders and shared service functions.
- Help internal clients navigate procurement processes, exceptions and system queries.
ESSENTIAL EXPERIENCE:
- Proven experience in procurement or buying roles.
- Proven track record managing procurement shared services or operational procurement teams.
- Experience in global, multi-country, complex organisations (banking/FinTech preferred).
- Strong understanding of P2P processes, PR/PO workflow, supplier onboarding and controls.
EDUCATION:
- Bachelor's degree required; Master's preferred.
- Professional Procurement qualification desirable (e.g., MCIPS, IAACM, IIMM).
- Experience with Oracle Fusion ERP is advantageous.
TECHNICAL SKILLS:
- Proficiency in procurement systems and tools.
- Strong analytical skills (spend analysis, reporting, data accuracy).
- Knowledge of procurement policy, compliance, control and contracting frameworks.
- Ability to manage multiple ERPs and tools simultaneously.
SOFT SKILLS:
- Excellent leadership and people-management capabilities.
- Strong communication and stakeholder-management skills.
- Problem-solving, decision-making and prioritisation skills.
- Proactive, organised, and committed to delivering high-quality outcomes and excellent service.
CRITICAL DELIVERABLES:
- Timely, accurate, fully compliant PR and supplier approvals.
- Strong operational controls, data quality, and policy adherence.
- Continuous improvement of P2P processes, stakeholder experience and service quality.
- Effective team leadership and performance management.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law.
Procurement Shared Services Manager | Bangalore, IN employer: ConnectsBlue
LSEG is an exceptional employer that prioritises the growth and development of its employees, offering a dynamic work environment in Bangalore where innovation and collaboration thrive. With a strong commitment to diversity and inclusion, LSEG provides tailored benefits, including healthcare and wellbeing initiatives, ensuring that every team member can fulfil their potential while contributing to meaningful projects that drive financial stability globally.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Shared Services Manager | Bangalore, IN
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a job opening or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching LSEG and its procurement processes. Understand their values and how they align with your experience. This will help you showcase how you can contribute to their mission of driving financial stability and innovation.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in procurement shared services and how you've driven operational excellence in previous roles. Keep it concise and impactful, focusing on results and improvements you've made.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in being part of the LSEG team and contributing to their goals.
We think you need these skills to ace Procurement Shared Services Manager | Bangalore, IN
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Procurement Shared Services Manager. Highlight your experience in procurement, especially in managing shared services and operational teams. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about procurement and how you can contribute to our team. Be sure to mention any relevant experience with P2P processes and supplier onboarding.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples to demonstrate how you've driven operational excellence or improved processes in previous roles. We love seeing results!
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people. Good luck!
How to prepare for a job interview at ConnectsBlue
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around P2P processes and supplier onboarding. Familiarise yourself with the specific challenges faced in global organisations like LSEG, as this will show your understanding of the role and its complexities.
✨Showcase Your Leadership Skills
As a Manager, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've successfully led teams in the past, focusing on how you empowered your team and drove operational excellence. This will resonate well with the interviewers.
✨Be Ready for Scenario Questions
Expect questions that put you in real-life scenarios related to procurement challenges. Think about how you would handle complex PR or PO issues, and be ready to discuss your problem-solving approach. This will highlight your critical thinking and decision-making skills.
✨Understand LSEG's Values
Familiarise yourself with LSEG's core values: Integrity, Partnership, Excellence, and Change. Be prepared to discuss how these values align with your own work ethic and how you can contribute to fostering an inclusive and innovative culture within the organisation.