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- Tasks: Lead strategic sourcing and negotiations in technology procurement for a top European bank.
- Company: Join a leading European Bank based in London, known for its innovation.
- Benefits: Competitive contract rate and the chance to work on high-impact projects.
- Why this job: Make a real difference in a regulated banking environment while shaping technology initiatives.
- Qualifications: Experience in technology procurement within financial services and strong negotiation skills.
- Other info: Opportunity to collaborate with senior stakeholders and drive best practices in procurement.
The predicted salary is between 60000 - 84000 £ per year.
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 employer: Gresham Hunt
Contact Detail:
Gresham Hunt Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim IT Procurement Manager - Banking - London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and tech sectors. Attend industry events or webinars where you can meet potential employers or colleagues. Remember, sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Tailor your responses 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 for their team!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your achievements in managing complex supplier relationships and delivering commercial value.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be just right for you. Plus, it’s a great way to ensure your application gets noticed by the right people.
We think you need these skills to ace Interim IT Procurement Manager - Banking - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Interim IT Procurement Manager. Highlight your experience in technology procurement and any relevant achievements that align with the job description. We want to see how your skills match what we're looking for!
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. Mention specific projects or experiences that demonstrate your expertise in technology procurement and your ability to manage complex supplier relationships.
Showcase Your Stakeholder Management Skills: Since this role involves working closely with senior stakeholders, make sure to highlight your experience in managing relationships. Share examples of how you've influenced decision-making in previous roles, especially in a regulated environment like banking.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved!
How to prepare for a job interview at Gresham Hunt
✨Know Your Tech Procurement Inside Out
Make sure you brush up on your knowledge of technology procurement, especially in the banking sector. Be ready to discuss specific software licensing models, SaaS agreements, and cloud frameworks. This will show that you’re not just familiar with the basics but have a deep understanding of the nuances involved.
✨Prepare for Stakeholder Scenarios
Since this role involves influencing senior stakeholders, think about past experiences where you've successfully managed relationships or navigated complex negotiations. Prepare some examples that highlight your ability to communicate effectively with both technical and non-technical audiences.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory and compliance considerations that impact technology procurement in banking. Be prepared to discuss how you’ve ensured compliance in previous roles, as this will demonstrate your capability to operate within a highly regulated environment.
✨Showcase Your Negotiation Skills
Think of specific instances where you delivered measurable commercial value through strategic sourcing and negotiations. Be ready to share these stories during the interview, focusing on the outcomes and how you managed supplier relationships effectively.