At a Glance
- Tasks: Lead technology procurement projects and optimise vendor relationships for maximum value.
- Company: Join a leading financial services firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic team culture with mentorship opportunities and career advancement.
- Why this job: Make a real impact in procurement while working with cutting-edge technology in finance.
- Qualifications: Experience in regulated procurement environments and strong project management skills.
The predicted salary is between 60000 - 75000 £ per year.
The Procurement department manages ING’s external spend and suppliers, working closely with ING Global and WB Procurement and various business partners to maximise the business benefits ING receives from its vendors. We buy a full range of products and services, including IT, Market Data, banking systems, consulting, recruitment, facilities services and energy, and manage the Know Your Supplier process to ensure all suppliers are fully qualified.
Roles and responsibilities
- Category Management – Technology focus
- Manage one or more technology categories to optimise value and deliver procurement projects on time.
- Build stakeholder relationships to identify and meet internal needs.
- Gather market knowledge and build key supplier relationships.
- Analyse the current state to identify optimisation opportunities.
- Negotiate contracts and complete all required contract renewals, terminations, amendments and moves.
- Develop and implement annual category plans based on sourcing, budget and market information.
- Maintain an annual calendar for contract renewals, reporting activities and budgeting.
- Lead the end‑to‑end Procurement lifecycle for the Market Data subcategory from business requirements to contract execution and performance management.
- Provide direction and oversight to leverage category spend through robust contract negotiations and supplier selection, ensuring end‑to‑end commercial, contractual and relationship lifecycle value.
- Generalist Procurement
- Manage the end‑to‑end Procurement lifecycle for other spend areas (e.g. Transformation, HR, Professional Services, IT, Banking Systems, Premises, Research and Economics, Facilities Management).
- Regulatory
- Understand the regulatory environment within Financial Services and its impact on Procurement, including EBA and ECB laws and guidelines such as DORA, Sourcing Guidelines and the AI Act.
- Other general responsibilities
- Act as the deputy Head of Procurement when required.
- Collaborate with the Global Technology Procurement Team to implement relevant global strategies and projects in the UK and supported regions.
- Represent the UK (and potentially WB) within the Global Technology Procurement Community.
- Build and maintain strong relationships with support functions such as Finance, Legal, Compliance, Risk, IT Security, and the supplier network.
- Mentor other members of the Procurement Team.
- Assist the Head of Procurement in designing and implementing procurement strategies that improve commercial performance while maintaining compliance with global category strategies, risk management and procurement policies.
- Contribute significantly to the team’s KPIs, such as P&L Savings, Benchmark Savings, managed spend coverage, regulatory delivery, market intelligence use and internal tools/systems utilisation.
How to succeed
Essential – Experience working in a Procurement department within a regulated business (banking, insurance, financial services, PE, hedge funds, etc.). Strong focus on technology procurement and the ability to manage projects in other categories.
Desirable – European‑headquartered banking experience; full knowledge of banking procurement regulations such as EBA Sourcing Guidelines, DORA, and the AI Act.
Personal competencies
Essential – Flexibility, adaptability, proven influencing skills, ability to build relationships at all levels quickly, work at pace, and deep understanding of procurement processes and systems.
Desirable – Team leadership experience or potential.
Qualification / Education
Essential – Degree level qualification, ideally in a business or research‑based subject.
Desirable – Procurement qualifications are not essential, but a true understanding of strategic and tactical procurement, contract development and negotiation, category management and related principles is highly desirable.
Senior Category Manager employer: ING Services Limited, London
ING is an exceptional employer that fosters a dynamic and inclusive work culture, particularly for the Senior Category Manager role in the vibrant financial services sector. With a strong emphasis on employee growth, ING offers comprehensive training and mentorship opportunities, enabling you to thrive in your career while contributing to impactful procurement strategies. Located in the UK, you'll benefit from a collaborative environment that values innovation and stakeholder engagement, making it a rewarding place to advance your professional journey.
Contact Details:
ING Services Limited, London Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Category Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field, especially those who have experience in regulated businesses. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by researching ING’s procurement strategies and recent projects. Show us you’re not just another candidate; demonstrate your knowledge of technology procurement and how you can add value to their team.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest. It keeps you on their radar and shows your enthusiasm.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills. Plus, it helps us keep track of your application and gives you a better chance of standing out.
We think you need these skills to ace Senior Category Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Category Manager role. Highlight your experience in procurement, especially in technology categories, and showcase any relevant projects you've managed. We want to see how your skills align with 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 passionate about procurement and how your background fits with our needs at ING. Don't forget to mention any experience you have with regulatory environments and stakeholder management.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to optimise value and manage supplier relationships. We love numbers, so if you can quantify your successes, even better! It helps us see the impact you've made in previous roles.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It streamlines the process for us and ensures your application is reviewed promptly. Plus, it shows you're keen on joining our team at StudySmarter!
How to prepare for a job interview at ING Services Limited, London
✨Know Your Procurement Stuff
Make sure you brush up on your knowledge of procurement processes, especially in a regulated environment like banking. Understand the EBA Sourcing Guidelines, DORA, and the AI Act, as these will likely come up during your interview.
✨Showcase Your Stakeholder Skills
Prepare examples of how you've built relationships with stakeholders in previous roles. Highlight your ability to identify internal needs and how you've successfully met them through effective category management.
✨Demonstrate Your Negotiation Prowess
Be ready to discuss your experience with contract negotiations. Share specific instances where you’ve optimised value through negotiations, and be prepared to talk about the outcomes of those deals.
✨Bring Market Insights to the Table
Research current market trends related to technology procurement. Being able to discuss optimisation opportunities and supplier relationships will show that you’re proactive and knowledgeable about the industry.