IT Sourcing Specialist at Financial Conduct Authority in London

IT Sourcing Specialist at Financial Conduct Authority in London

London 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: Diverse and inclusive culture with excellent career growth opportunities.
  • Why this job: Make a real impact on UK finance while growing your career.
  • Qualifications: Experience in procurement and strong communication skills are essential.

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

This Full time on site position offers great opportunities for career growth.

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).

This role is graded as: 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 finance services. Operations provides the platform and tools to enable the organisation to deliver on its statutory objectives. We work in partnership with the rest of the organisation to provide specialist support across a wide range of areas to deliver quality services and value for money. 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.

Skills required:

  • Minimum: 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 where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors).
  • A flexible benefits scheme designed around your lifestyle.

Our values and culture:

Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference and supports colleagues to deliver at their best. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation and delivers better regulation.

If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support. We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.

Disability confident: our hiring approach:

We’re proud to be a Disability Confident Employer and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes we may progress applicants whose experience most closely matches the role’s key requirements.

Useful information and timelines:

Timeline: Job advert closes: Midnight, 20th May 2026. CV Review/Shortlist: 22nd May 2026. Interview: w/c 1st June 2026.

Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.

IT Sourcing Specialist at Financial Conduct Authority in London employer: Financial Conduct Authority

The Financial Conduct Authority is an excellent employer, offering a dynamic work environment in Leeds that fosters innovation and collaboration. With a strong focus on employee growth, the organisation provides numerous opportunities for professional development and a competitive salary, all while promoting a progressive hybrid working model that supports work-life balance. Joining the FCA means being part of a forward-thinking team dedicated to making a meaningful impact in the financial sector.

Financial Conduct Authority

Contact Details:

Financial Conduct Authority Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land IT Sourcing Specialist at Financial Conduct Authority in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Financial Conduct Authority. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace IT Sourcing Specialist at Financial Conduct Authority in London

End-to-end procurement understanding
Stakeholder management
Negotiation skills
Commercial acumen
Cross-functional collaboration
Communication skills
Project governance

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Financial Conduct Authority.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Financial Conduct Authority's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Financial Conduct Authority

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Financial Conduct Authority.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Financial Conduct Authority will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Financial Conduct Authority employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.