IT Sourcing Specialist

IT Sourcing Specialist

Full-Time 39100 - 42000 € / year (est.) Home office (partial)
Financial Conduct Authority

At a Glance

  • Tasks: Lead IT sourcing strategies and manage supplier relationships to drive value.
  • Company: Join the FCA, a key player in regulating UK financial services.
  • Benefits: Enjoy 25 days leave, private healthcare, and a flexible benefits scheme.
  • Other info: Hybrid working model with opportunities for volunteering and diverse working styles.
  • Why this job: Make a real impact on the future of financial services while developing your career.
  • Qualifications: Experience in procurement and strong communication skills are essential.

The predicted salary is between 39100 - 42000 € per year.

Salary: National (Edinburgh and Leeds) ranging from £39,100 to £42,000 and London from £41,600 to £45,000 (salary offered will be based on skills and experience); Level: Associate – Level 8 – Corporate.

About The FCA And Team

We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us you’ll play a key part in protecting consumers, driving economic growth and shaping the future of UK financial services. Operations provides the platform and tools to enable the organisation to deliver on its statutory objectives. Procurement sits within the Finance and Corporate Services Directorate and works with departments across the FCA to source goods and services (£300m annual spend) required from third parties. We are responsible for ensuring procurements deliver contracts to agreed time, budget and quality, which are compliant with Public Procurement Regulations.

Role Responsibilities

  • Deliver sourcing and contracting strategies across a portfolio of IT categories (including cloud services and end‑user computing) in line with the FCA procurement strategy.
  • Lead low‑risk/low‑complexity sourcing activity end‑to‑end (e.g., RFx, supplier negotiations, contract drafting/renewals), ensuring policy compliance, minimum standards and alignment to business needs.
  • Manage external supplier spend and drive value through strong commercial judgement, market awareness and effective sourcing/contracting approaches.
  • Ensure procurement projects meet objectives – delivered on time, within budget and to required quality standards, managing moderate‑complexity/risk renewals and sourcing projects.
  • Use and promote FCA procurement systems and processes, delivering work consistently with FCA procurement standards and governance.

Minimum Skills required

  • End‑to‑end procurement understanding: Able to scope business requirements, plan sourcing projects, produce tender documentation and follow appropriate project governance.
  • Experience running simple procurement exercises: Confident liaising with stakeholders, issuing tenders, evaluating responses and producing contract documents using templates.
  • Systems & development mindset: Working knowledge of procurement/purchasing systems and willingness to work towards a relevant qualification.

Essential

  • Clear, concise communication (written and verbal), able to explain complex issues succinctly to audiences at all levels.
  • Strong stakeholder management & influencing skills, building rapport with senior stakeholders and challenging constructively when needed.
  • Cross‑functional collaboration, comfortable working with teams such as Legal, Finance, Risk, IT and other specialist functions.
  • Commercial & negotiation capability, applying market/industry insight to deliver tenders, negotiate contracts and drive value/innovation.
  • IT category awareness, ideally with knowledge of cloud services and end‑user computing (or ability to learn quickly).
  • Sound judgement & business acumen, able to cut through complexity, make timely decisions and keep focus on the bigger picture.
  • Organisational resilience & delivery focus, able to prioritise/multitask under pressure with a methodical, detail‑oriented approach and strong customer service mindset.

Benefits

  • 25 days annual leave plus bank holidays.
  • Non‑contributory pension (8–12% depending on age) and life assurance at eight times your salary.
  • Private healthcare with Bupa, income protection and 24/7 Employee Assistance.
  • 35 hours of paid volunteering annually.
  • Hybrid model: minimum of 40% office each month (50% for senior leaders; 60% for Directors and Executive Directors).
  • A flexible benefits scheme designed around your lifestyle.

We welcome diverse working styles and offer flexible solutions such as part‑time, job sharing where applicable. We are a Disability Confident Employer, ensuring applicants with disabilities and long‑term conditions who meet the minimum criteria progress through recruitment.

IT Sourcing Specialist employer: Financial Conduct Authority

The FCA is an exceptional employer, offering a dynamic work environment in the heart of Edinburgh or Leeds, where you can contribute to shaping the future of UK financial services. With a strong focus on employee growth, we provide comprehensive benefits including a generous pension scheme, private healthcare, and ample annual leave, alongside a commitment to flexible working arrangements that support a healthy work-life balance. Join us to be part of a collaborative culture that values diversity and empowers you to make a meaningful impact in the financial sector.

Financial Conduct Authority

Contact Detail:

Financial Conduct Authority Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land IT Sourcing Specialist

Tip Number 1

Get to know the company inside out! Research the FCA's values, mission, and recent projects. This will help you tailor your conversations and show that you're genuinely interested in being part of their team.

Tip Number 2

Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus!

Tip Number 3

Prepare for interviews by practising common questions related to procurement and IT sourcing. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your relevant experience.

Tip Number 4

Don’t forget to apply through our online portal! It’s the only way to ensure your application gets seen. Plus, it shows you’re following the process and paying attention to details, which is key in procurement.

We think you need these skills to ace IT Sourcing Specialist

End-to-end procurement understanding
Stakeholder management
Clear communication skills
Negotiation capability
Commercial judgement
Cross-functional collaboration
IT category awareness

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the IT Sourcing Specialist role. Highlight your relevant experience in procurement and any specific IT categories you've worked with, like cloud services. We want to see how you fit into our team!

Show Off Your Communication Skills:Since clear communication is key in this role, use your application to demonstrate your ability to explain complex issues simply. We love seeing candidates who can convey their thoughts clearly, so don’t hold back on showcasing your writing skills!

Highlight Stakeholder Management Experience:We’re looking for someone who can build rapport with senior stakeholders. In your application, share examples of how you've successfully managed relationships and influenced decisions in previous roles. This will show us you’re ready to hit the ground running!

Follow the Application Process:Remember, applications must be submitted through our online portal. Don’t send them via email or social media, as we won’t be able to consider them. Make it easy for us to find your application by following the right steps!

How to prepare for a job interview at Financial Conduct Authority

Know Your Procurement Basics

Make sure you brush up on your end-to-end procurement understanding. Be ready to discuss how you would scope business requirements and plan sourcing projects. Familiarity with tender documentation and project governance will definitely give you an edge.

Showcase Your Communication Skills

Since clear communication is key, practice explaining complex procurement concepts in simple terms. Think about examples where you've successfully communicated with stakeholders at different levels, as this will demonstrate your ability to build rapport and influence effectively.

Demonstrate Your Commercial Acumen

Prepare to discuss your commercial and negotiation capabilities. Bring examples of how you've applied market insights to deliver tenders or negotiate contracts. This will show that you can drive value and innovation in sourcing activities.

Be Ready for Scenario Questions

Expect questions that assess your organisational resilience and delivery focus. Think of situations where you've had to prioritise tasks under pressure. Being methodical and detail-oriented is crucial, so have some solid examples ready to share.