At a Glance
- Tasks: Support procurement strategies and manage supplier relationships in a dynamic tech environment.
- Company: Join the London Stock Exchange Group, a leader in global financial markets.
- Benefits: Enjoy competitive pay, healthcare, retirement planning, and paid volunteering days.
- Other info: Be part of a diverse team with opportunities for growth and meaningful careers.
- Why this job: Make a real impact in a collaborative culture that values innovation and diversity.
- Qualifications: 2-3 years in procurement, strong negotiation skills, and a degree.
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.
About Group Procurement
Group Procurement at LSEG manages third-party supplier engagements, partnering with the business to deliver high performance and sustainable value. We view our suppliers as strategic partners and sources of competitive advantage—not merely cost centres. Our operating model is built around business partnering and supplier relationship management (SRM), aligned to stakeholder groups and spend categories.
Role Purpose
This role supports the Category Director for Technology Services in executing category strategies and managing supplier relationships. It focuses on sourcing, supplier management, and business engagement, with a particular emphasis on handling Statements of Work (SOWs), purchase requests (PRs), and purchase orders (POs).
What You'll be doing
- Support delivery of category strategy and SRM programme in collaboration with Category Leads and Managers.
- Lead sourcing and negotiation for low to medium spend SOWs, ensuring commercial and legal compliance.
- Monitor and approve PRs/POs, ensuring alignment with procurement standards and onboarding protocols.
- Maintain visibility of the sourcing pipeline and ensure timely renewals and accurate scoping.
- Support SRM activities and manage assigned supplier relationships.
- Collaborate with cross-functional teams (Legal, Finance, HR) to resolve queries and ensure smooth procurement operations.
- Maintain procurement data and systems, including savings trackers and supplier databases.
- Oversee contract performance, draft variations, and ensure continuous improvement.
- Provide end-to-end support across the sourcing lifecycle, including exception handling and delivery assurance.
What We're Looking For
- Essential: Minimum 2-3 years of background in procurement with focus on IT professional services is preferred.
- Commercial acumen and negotiation skills.
- Excellent communication and stakeholder engagement abilities.
- Strong IT skills (Excel, Teams, SharePoint, Ariba, Fieldglass).
- Analytical and problem-solving capabilities.
- Ability to manage workload and meet deadlines.
- Team-oriented with a proactive work ethic.
- Educated to degree level.
Desirable:
- Working towards or already holding MCIPS.
- Familiarity with Agile SOWs, SLAs, and outcome-based contracting.
- Experience with large tech services suppliers.
- Background in FinTech or global organisations would be helpful.
- Exposure to e-sourcing and e-auctions.
Career Stage: Senior Associate
Information:
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.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
Senior Buyer - Technology Services Procurement - London Stock Exchange Group employer: London Stock Exchange Group
At LSEG, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London that fosters innovation and collaboration. Our commitment to employee growth is evident through tailored benefits, including healthcare, retirement planning, and paid volunteering days, all within a culture that values diversity and encourages individuals to bring their authentic selves to work. Join us to be part of a global team dedicated to driving financial stability and empowering economies, where your contributions will make a meaningful impact.
Contact Detail:
London Stock Exchange Group Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Buyer - Technology Services Procurement - London Stock Exchange Group
✨Tip Number 1
Network like a pro! Reach out to current or former employees at LSEG on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching LSEG's values and recent projects. Show us that you understand our commitment to excellence and how you can contribute to our mission in technology services procurement.
✨Tip Number 3
Practice your negotiation skills! Since this role involves sourcing and supplier management, being able to demonstrate your commercial acumen during interviews will set you apart from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at LSEG.
We think you need these skills to ace Senior Buyer - Technology Services Procurement - London Stock Exchange Group
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Buyer role. Highlight your procurement experience, especially in IT services, and showcase your negotiation skills. We want to see how your background aligns with what we do at LSEG!
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 you can contribute to our team. Be sure to mention any relevant experience with supplier management or sourcing strategies.
Showcase Your Skills:Don’t forget to highlight your IT skills, especially with tools like Ariba and Fieldglass. We love candidates who are tech-savvy and can navigate procurement systems with ease. Make sure these skills pop in your application!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at London Stock Exchange Group
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around IT professional services. Understand the key concepts like Statements of Work (SOWs) and supplier relationship management (SRM). This will help you speak confidently about how you can contribute to LSEG's goals.
✨Show Off Your Negotiation Skills
Prepare examples of past negotiations you've led, particularly in tech services. Be ready to discuss your approach and the outcomes. LSEG values commercial acumen, so demonstrating your ability to negotiate effectively will set you apart.
✨Engage with Stakeholders
Think about how you’ve successfully engaged with various stakeholders in previous roles. Be prepared to share specific instances where your communication skills made a difference. LSEG is all about collaboration, so showing you can build relationships is key.
✨Be Data-Driven
Familiarise yourself with procurement data management tools like Ariba and Fieldglass. Highlight any experience you have with data analysis or tracking savings. LSEG appreciates a candidate who can leverage data for decision-making, so come ready to discuss your analytical skills.
