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- Tasks: Support procurement strategies and manage supplier relationships in a dynamic environment.
- Company: Join the London Stock Exchange Group, a leader in financial markets.
- Benefits: Enjoy competitive salary, health benefits, and opportunities for professional growth.
- Why this job: Make an impact in a global organisation while developing your skills in procurement.
- Qualifications: Experience in sourcing and supplier management is a plus.
- Other info: Be part of a diverse team that values innovation and personal growth.
The predicted salary is between 48000 - 84000 £ per year.
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 dedication 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. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years.
Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity. LSEG is headquartered in the United Kingdom, with significant operations in 65 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific.
Our values of Integrity, Partnership, Excellence and Change 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. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.
Group Procurement is responsible for managing third-party supplier engagements, partnering with the business to drive high performance and sustainable value from our supplier relationships. We aim to make LSEG easier and more attractive to do business with and we consider our suppliers as a source of competitive advantage and not just about cost.
The purpose of the role is to support the Category Lead and Category Managers with the delivery of the category strategy and deployment of the supplier relationship management program, ensure quality issues are resolved with the supply base and monitor the PR/PO pipeline. This individual will take direction from the Category Lead/Director and Category Managers to implement the agreed strategies.
Key Responsibilities:- Support the delivery of the category strategy and deployment of the supplier relationship management program
- Involvement in the development of sourcing strategies, including identifying risks, key outputs, and products
- Lead sourcing and negotiation activities for low to medium spend SOWs across the team
- Engage SOW owners to ensure renewal is required and scale is accurate
- Support Category Leads or Category Managers with SRM activities, handle allocated supplier relationships
- Ensure purchase requests meet required standards
- Research market and industry developments
Engage regularly with key partners across the business and key functions such as Legal, Finance and HR to progress queries and act as a procurement point of contact, with support from the Category Lead and other Category Managers.
Maintain data within Procurement systems and tools (e.g. pipeline management tool, savings tracker, supplier and contract databases, Category spend metrics).
Senior Buyer - Technology Services Procurement in London employer: London Stock Exchange Group
Contact Detail:
London Stock Exchange Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Buyer - Technology Services Procurement in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you’ll feel when it’s time to shine in front of the real interviewers.
✨Tip Number 4
Don’t forget to follow up after your interviews! A simple thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Senior Buyer - Technology Services Procurement in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Buyer role. Highlight relevant experience in technology services procurement and showcase your skills in supplier relationship management. 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 passionate about procurement and how your background aligns with our values of Integrity, Partnership, Excellence, and Change. Let us know what makes you the perfect fit for LSEG.
Showcase Your Achievements: Don’t just list your responsibilities; highlight your achievements! Use specific examples to demonstrate how you've driven value in previous roles. We love seeing quantifiable results that show your impact on supplier relationships and cost savings.
Apply Through Our Website: We encourage you to apply through our website for a seamless application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this opportunity to join our team!
How to prepare for a job interview at London Stock Exchange Group
✨Know Your Stuff
Before the interview, dive deep into the role of a Senior Buyer in Technology Services Procurement. Understand the key responsibilities and how they align with LSEG's values of Integrity, Partnership, Excellence, and Change. Familiarise yourself with their procurement processes and the importance of supplier relationship management.
✨Showcase Your Experience
Prepare to discuss your previous experiences in sourcing and supplier management. Be ready to share specific examples where you've successfully negotiated contracts or improved supplier relationships. Highlight any experience you have with procurement systems like Ariba or Oracle, as this will show you're equipped for the role.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about LSEG's procurement strategies, their approach to supplier engagement, and how they measure success in this role. This not only shows your interest but also helps you gauge if the company culture aligns with your values.
✨Demonstrate Team Spirit
Since collaboration is key in this role, be prepared to discuss how you've worked effectively within teams in the past. Share examples of how you've engaged with cross-functional teams, such as Legal or Finance, to achieve common goals. This will highlight your ability to thrive in a diverse and inclusive environment.