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- Tasks: Lead IT procurement activities and develop sourcing strategies in a dynamic banking environment.
- Company: Join a leading financial services firm with a focus on innovation and compliance.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Shape the future of technology procurement while ensuring compliance and value creation.
- Qualifications: Proven IT procurement experience and strong negotiation skills in regulated environments.
- Other info: Collaborate with diverse teams and contribute to impactful governance initiatives.
The predicted salary is between 55000 - 65000 £ per year.
In this pivotal role, you will be responsible for shaping and delivering IT sourcing strategies across a broad technology landscape, supporting critical business initiatives while ensuring robust governance, regulatory compliance and value creation. You will work closely with senior stakeholders across IT, Legal, Risk, Compliance and Information Security to manage end-to-end procurement activities in a highly regulated banking environment.
Key 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.
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.
Geographical areaEurope, United Kingdom
CityLondon
HybridEducation- Bachelor Degree / BSc Degree or equivalent.
- Bachelor degree or above within relevant discipline.
- 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.
- 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).
All our jobs are open to people with disabilities. We welcome applications from candidates of all backgrounds and experiences.
IT Procurement Officer in London employer: Crédit Agricole SA
Contact Detail:
Crédit Agricole SA Recruiting Team
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, especially those in financial services. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by researching the company’s recent projects and challenges in IT procurement. This shows you’re genuinely interested and ready to contribute to their goals right from the start.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds.
✨Tip Number 4
Check out our website for the latest job openings in IT procurement. We regularly update listings, so you won’t miss out on any opportunities that match your skills and experience!
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 experience in negotiating complex contracts and managing procurement activities in regulated environments. 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 the perfect fit for this role. Share specific examples of your past successes in IT procurement and how they relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills: Since this role involves presenting complex financial data, make sure to highlight your analytical capabilities. We love seeing how you can break down intricate information and communicate it effectively to 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 SA
✨Know Your Procurement Stuff
Make sure you brush up on your IT procurement knowledge, especially in the context of financial services. Be ready to discuss your experience with end-to-end RFX processes and how you've successfully negotiated complex technology contracts.
✨Understand the Regulatory Landscape
Familiarise yourself with the key regulations like FCA, PRA, EBA, and DORA that impact procurement in banking. Being able to speak confidently about compliance will show that you understand the importance of governance in this role.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've effectively collaborated with senior stakeholders across various departments. Highlight your ability to influence and communicate complex financial data clearly to different audiences.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to procurement challenges. Think about how you would handle vendor negotiations or cost optimisation initiatives, and be prepared to explain your thought process.