At a Glance
- Tasks: Support category strategy and manage supplier relationships in a dynamic procurement environment.
- Company: Join LSEG, a global leader in financial markets with a commitment to innovation and excellence.
- Benefits: Enjoy tailored benefits, healthcare, retirement planning, and paid volunteering days.
- Other info: Be part of a diverse team driving financial stability and sustainable growth globally.
- Why this job: Make a significant impact in a collaborative culture that values your individuality and ideas.
- Qualifications: 3+ years in procurement, strong negotiation skills, and a degree are essential.
The predicted salary is between 55000 - 65000 £ per year.
About Us
LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs.
Our People
People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference.
About Group Procurement
Group Procurement at LSEG manages third-party supplier engagements, partnering with the business to deliver high performance and sustainable value. Our operating model is built around business partnering and supplier relationship management (SRM), aligned to stakeholder groups and spend categories, enabling early engagement and data-driven decision-making.
Role Purpose
This is an individual contributor role which supports the Senior Category Manager for Digital Operations, sitting within the Technology Tower in Group Procurement, and responsible for executing category plan (including associated strategies) and managing supplier relationships. It focuses on sourcing, supplier management, and business engagement, with a particular emphasis on handling Order Form (OF), Statements of Work (SOWs), purchase requests (PRs), and purchase orders (POs).
What You’ll Be Doing
- Support category strategy delivery and supplier relationship management (SRM) across assigned spend areas.
- Lead sourcing and negotiations for low–medium value agreements and renewals, escalating where needed and ensuring compliant contracts, terms, and due diligence.
- Partner with stakeholders to validate demand, manage purchase requests (PR/PO), and ensure accurate pipeline tracking.
- Maintain supplier relationships, support Category Managers, and contribute across sourcing activities as workload requires.
- Ensure procurement processes are followed, including approvals, contracts, and governance standards.
- Act as a key procurement contact, working with stakeholders (Legal, Finance, Cyber, Engineering, HR) to resolve queries and drive progress.
- Manage procurement systems, data, and reporting to support efficient operations and informed decision-making.
- Support contract management by monitoring performance, driving improvements, and ensuring appropriate actions and approvals.
- Stay informed on market trends to recommend alternative suppliers and support better sourcing decisions.
- Deliver high-quality BAU support across the sourcing lifecycle, promoting continuous improvement and strong stakeholder service.
Experience and skills required:
- Minimum of 3-years experience in buying / procurement
- Commercially minded and proficient negotiator
- Ability to liaise with and manage suppliers
- Experience in market and category analysis
- Strong IT skills (Office programs especially, Procurement systems desirable)
- Ability to build relationships, influence and act as an expert across the organisation up to senior management level
- General analytical, problem solving, and decision-making skills
- Pro-active behaviour that demonstrates initiative and positive work ethic
- Teamwork - ability to work with other category teams, both local and off-shore
- Strong communication skills (written and verbal)
- Educated to degree level
Desirable:
- Procurement / supply operation qualification, e.g. MCIPS or IAACM, or working towards the qualification
- Experience of procurement in a Financial Services Regulated Environment, Information Services Companies; FinTechs; Global, multi-country organisations preferred
Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.
Senior Buyer (Technology) in London employer: London Stock Exchange Group
LSEG is an exceptional employer that prioritises the growth and development of its employees within a dynamic and inclusive culture. With a commitment to innovation and excellence, we offer tailored benefits such as healthcare, retirement planning, and paid volunteering days, all while fostering a collaborative environment where diverse perspectives are valued. Located in London, our global presence provides unique opportunities for meaningful careers that contribute to financial stability and sustainable growth.
Contact Details:
London Stock Exchange Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Buyer (Technology) in London
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We think you need these skills to ace Senior Buyer (Technology) in London
Some tips for your application 🫡
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✨Brush Up on Financial Analysis Skills
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