IT Sourcing Specialist in London

IT Sourcing Specialist in London

London Full-Time 39100 - 42000 € / year (est.) No home office possible
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 professional growth.
  • 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 in London employer: Financial Conduct Authority

The FCA is an exceptional employer, offering a dynamic work environment where you can contribute to the integrity of UK financial services. With a strong focus on employee well-being, we provide generous benefits including 25 days of annual leave, a non-contributory pension, and private healthcare, alongside opportunities for professional growth and a flexible working model that supports diverse lifestyles. Join us in Edinburgh or Leeds and be part of a team that values collaboration, innovation, and making a meaningful impact.

Financial Conduct Authority

Contact Detail:

Financial Conduct Authority Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land IT Sourcing Specialist in London

Tip Number 1

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

Tip Number 2

Network like a pro! Connect with current or former employees on LinkedIn. A friendly chat can give us insider tips about the role and the company culture, plus it might just get our foot in the door!

Tip Number 3

Practice makes perfect! Prepare for common interview questions related to procurement and IT sourcing. We can even do mock interviews with friends to boost our confidence and refine our answers.

Tip Number 4

Don’t forget to apply through our website! It’s the only way to ensure our application gets seen. Plus, we can keep track of our application status easily, which is always a bonus!

We think you need these skills to ace IT Sourcing Specialist in London

End-to-end procurement understanding
Stakeholder management
Negotiation skills
Commercial awareness
IT category awareness
Communication skills
Cross-functional collaboration

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 skills that match the job description. We want to see how you can bring value to our team!

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

Highlight Stakeholder Management Experience:We’re looking for someone with strong stakeholder management skills. In your application, share examples of how you've built relationships and influenced decisions in previous roles. This will help us see how you can fit into our collaborative environment.

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 those. 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. Familiarise yourself with tender documentation and project governance, as these are key aspects of the role.

Showcase Your Communication Skills

Since clear communication is essential, practice explaining complex procurement concepts in simple terms. Think about examples where you've successfully communicated with stakeholders at various levels, and be prepared to share these during the interview.

Demonstrate Stakeholder Management

Prepare to discuss your experience in managing relationships with senior stakeholders. Think of specific instances where you built rapport or had to challenge constructively. This will show your ability to influence and collaborate across functions.

Highlight Your Commercial Acumen

Be ready to talk about your commercial and negotiation capabilities. Share examples of how you've applied market insights to deliver tenders or negotiate contracts. This will demonstrate your ability to drive value and innovation in procurement.