At a Glance
- Tasks: Lead strategic sourcing and negotiations in technology procurement for a top European bank.
- Company: Join a leading European Bank in the heart of London.
- Benefits: Competitive contract rate, opportunity to work on high-impact projects, and professional growth.
- Other info: Dynamic role with a focus on innovation and collaboration across teams.
- Why this job: Make a real difference in technology procurement within a regulated banking environment.
- Qualifications: Experience in technology procurement in financial services and strong negotiation skills.
The predicted salary is between 60000 - 80000 £ per year.
Please note Banking / FinTech / Financial Services experience is required for this role. Gresham Hunt are supporting a leading European Bank headquartered in London who are seeking an experienced Procurement Manager (Technology) to join on a 125 working day contract commencing 15th March. This is a high-impact role supporting strategic technology initiatives within a regulated banking environment. The successful candidate will bring deep expertise across technology procurement categories and operate as a trusted partner to senior stakeholders across Technology, Cyber, Architecture and Legal.
Key Responsibilities
- Lead strategic sourcing and commercial negotiations across key technology categories including software, SaaS, cloud services, cybersecurity, and infrastructure.
- Deliver measurable commercial value through robust sourcing strategies, competitive processes, and effective supplier negotiations.
- Manage complex technology supplier relationships, ensuring strong governance across SLAs, KPIs, performance management, and risk/issue resolution.
- Ensure all third-party engagements meet regulatory, information security and data protection standards, with a strong understanding of technology risk, cyber resilience, and data processing requirements.
- Partner closely with Technology, Cyber, Architecture and Legal teams to shape demand, define requirements, and support major transformation and change initiatives.
- Drive best practice procurement governance within a highly regulated banking environment.
Candidate Profile
- Proven experience in technology procurement within financial services or a regulated environment.
- Deep category expertise across software licensing models, SaaS agreements, cloud frameworks, and emerging technology trends.
- Strong track record of delivering commercial outcomes in complex technology negotiations.
- Experience managing large, strategic technology vendors with structured performance frameworks.
- Solid understanding of regulatory and compliance considerations impacting technology procurement.
- Confident stakeholder manager, able to influence senior technical and non-technical audiences.
Interim IT Procurement Manager - Banking - London in City of London employer: Energy Jobline ZR
Gresham Hunt is an exceptional employer, offering a dynamic work environment in the heart of London’s financial district. With a strong focus on employee development and a culture that values collaboration and innovation, we empower our team members to excel in their roles while contributing to impactful technology initiatives within a leading European Bank. Our commitment to fostering growth and providing competitive benefits makes us an attractive choice for professionals seeking meaningful and rewarding careers in the banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Interim IT Procurement Manager - Banking - London in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and FinTech sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Tailor your answers to highlight your experience in technology procurement and how it aligns with their needs. Show them you’re not just another candidate, but the perfect fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email reiterating your interest in the role. It keeps you on their radar and shows your enthusiasm for the position.
✨Tip Number 4
Apply through our website for the best chance at landing that job! We’ve got loads of resources to help you ace the application process and connect with top employers in the banking sector. Let’s get you hired!
We think you need these skills to ace Interim IT Procurement Manager - Banking - London in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in technology procurement, especially within the banking or financial services sector. We want to see how your skills align with the specific requirements mentioned in the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past achievements in technology procurement and how they relate to the responsibilities outlined in the job description.
Showcase Your Stakeholder Management Skills:Since this role involves working closely with senior stakeholders, make sure to highlight your experience in managing relationships and influencing decision-makers. We love to see how you’ve navigated complex environments in your previous roles.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Energy Jobline ZR
✨Know Your Tech Procurement Inside Out
Make sure you brush up on your knowledge of technology procurement, especially in the banking and financial services sector. Be ready to discuss specific software licensing models, SaaS agreements, and cloud frameworks you've worked with. This will show that you’re not just familiar with the terms but have real experience to back it up.
✨Prepare for Stakeholder Scenarios
Since this role involves managing relationships with senior stakeholders, think of examples where you've successfully influenced or collaborated with them. Prepare to share stories that highlight your ability to navigate complex negotiations and deliver commercial outcomes, as this will resonate well with the interviewers.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory and compliance considerations that impact technology procurement in a banking environment. Be prepared to discuss how you've ensured third-party engagements meet these standards in your previous roles. This will demonstrate your awareness of the importance of governance in procurement.
✨Showcase Your Negotiation Skills
Be ready to talk about your approach to strategic sourcing and commercial negotiations. Think of specific instances where you delivered measurable value through effective supplier negotiations. Highlighting your track record in managing large, strategic technology vendors will set you apart from other candidates.