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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 48000 - 72000 £ 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 who might know about openings. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its procurement processes. Understand their technology needs and be ready to discuss how your experience aligns with their goals. We want you to shine as the perfect fit for that Interim IT Procurement Manager role!
✨Tip Number 3
Showcase your expertise! Create a portfolio or case studies of your past procurement successes, especially in technology. This will help you demonstrate your value and give you an edge over other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for talented individuals like you to join our network.
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 you can bring value to our team!
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 stakeholder management. Let us know why you’re excited about this opportunity!
Showcase Your Achievements: When detailing your experience, focus on measurable outcomes. Did you save costs through negotiations? Did you improve supplier performance? We love numbers and results, so make sure to include them to grab our attention!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come through our platform!
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. Familiarise yourself with software licensing models, SaaS agreements, and cloud services. Being able to discuss these topics confidently will show that you’re the right fit for the role.
✨Prepare for Stakeholder Scenarios
Since this role involves managing relationships with senior stakeholders, think about past experiences where you've influenced decision-making. Prepare specific examples that highlight your ability to communicate effectively with both technical and non-technical audiences.
✨Understand Regulatory Requirements
Get a solid grasp of the regulatory and compliance considerations that impact technology procurement in a banking environment. Be ready to discuss how you’ve navigated these challenges in previous roles, as this will demonstrate your expertise and readiness for the position.
✨Showcase Your Negotiation Skills
Be prepared to talk about your experience in leading strategic sourcing and negotiations. Have a few success stories ready that illustrate how you delivered measurable commercial value through effective supplier negotiations. This will help you stand out as a candidate who can drive results.