At a Glance
- Tasks: Lead IT procurement for software, hardware, and services while driving cost optimisation.
- Company: Join a leading financial services firm with a focus on innovation and compliance.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and enhance your skills in a supportive culture.
- Why this job: Make an impact in a dynamic environment while negotiating with top tech vendors.
- Qualifications: Bachelor's degree and proven IT procurement experience in regulated environments.
The predicted salary is between 50000 - 60000 £ per year.
Responsibilities
- Lead end-to-end IT procurement activities across software, hardware, cloud services, IT services, data centres and networking.
- Develop and execute IT sourcing strategies and category roadmaps aligned to business objectives and risk appetite.
- Negotiate complex commercial and contractual arrangements with technology vendors, ensuring optimal terms and appropriate risk controls.
- Drive cost optimisation initiatives, identifying opportunities for savings, consolidation and operational efficiency.
- Ensure compliance with internal procurement policies, group standards and regulatory requirements (including FCA, PRA, EBA and DORA).
- Partner with IT, Legal, Risk and Information Security teams on vendor due diligence, onboarding and governance.
- Present detailed financial and commercial data clearly and effectively to a wide range of stakeholders.
- Contribute to procurement governance forums and support the Chief Procurement Officer with committee materials and reporting.
- Perform procurement-related controls, KRIs and conflict-of-interest processes as required.
About You
- You will be a confident and credible procurement professional with strong technical, commercial and stakeholder management skills, comfortable operating in a complex and regulated environment.
- Bachelor Degree / BSc Degree or equivalent.
- Bachelor degree or above within relevant discipline.
Experience
- Proven IT procurement experience within financial services, banking or a similarly regulated environment.
- Demonstrated success in negotiating complex technology contracts, including regulatory and risk-driven requirements.
- Experience running end-to-end RFX processes for technology teams.
- Strong knowledge of end-to-end procurement and source-to-contract processes.
- Exceptional analytical capability with the ability to present complex financial information clearly.
- Excellent communication skills with the ability to influence at all levels.
Technical skills required
- Exposure to infrastructure, cloud, software (SaaS and on-premise), cybersecurity and networking categories.
- Experience with low-latency trading infrastructure and international network connectivity.
- Familiarity with P2P / S2C systems (experience with Ivalua is advantageous but not essential).
IT Procurement officer in London employer: Crédit Agricole CIB
Crédit Agricole CIB is an exceptional employer located in the heart of London, offering a dynamic work culture that fosters collaboration and innovation within the Global Markets Division. As a Global Markets Clearing Intern, you will benefit from comprehensive training and mentorship opportunities, enabling your professional growth while working on impactful projects that shape the future of clearing and regulation. With a commitment to employee well-being and a diverse, inclusive environment, Crédit Agricole CIB stands out as a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land IT Procurement officer in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the IT procurement space and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your negotiation skills. Since you'll be dealing with complex contracts, practice explaining your past experiences in a way that highlights your ability to secure optimal terms and manage risk.
✨Tip Number 3
Showcase your analytical prowess! Be ready to discuss how you've used data to drive cost optimisation initiatives in previous roles. Bring examples of how you’ve identified savings and improved operational efficiency.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for talented individuals like you. Make sure your application stands out by tailoring it to reflect your experience in IT procurement within regulated environments.
We think you need these skills to ace IT Procurement officer in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the IT Procurement Officer role. Highlight your relevant experience in IT procurement, especially within financial services, and showcase your skills in negotiating complex contracts.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific achievements in procurement and how they align with our business objectives and risk appetite.
Showcase Your Analytical Skills:Since this role requires exceptional analytical capability, be sure to include examples of how you've presented complex financial data clearly in past roles. This will demonstrate your ability to communicate effectively with stakeholders.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Crédit Agricole CIB
✨Know Your Procurement Stuff
Make sure you brush up on your IT procurement knowledge, especially in financial services. Understand the end-to-end procurement process and be ready to discuss your experience with RFX processes and negotiating complex contracts.
✨Showcase Your Analytical Skills
Prepare to present complex financial data clearly. Think of examples where you've used your analytical skills to drive cost optimisation or improve operational efficiency. Being able to communicate this effectively will impress your interviewers.
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory requirements relevant to the role, such as FCA, PRA, EBA, and DORA. Be prepared to discuss how you've navigated these in past roles and how you ensure compliance in procurement activities.
✨Engage with Stakeholders
Think about how you've partnered with different teams like IT, Legal, and Risk in previous roles. Be ready to share specific examples of how you’ve influenced stakeholders and contributed to governance forums, as this will demonstrate your collaborative approach.
