At a Glance
- Tasks: Support category strategy and manage supplier relationships in a dynamic procurement environment.
- Company: Join a leading financial services organisation with a commitment to innovation and inclusivity.
- Benefits: Enjoy healthcare support, retirement planning, paid volunteering days, and well-being initiatives.
- Other info: Equal opportunity employer committed to diversity and inclusion.
- Why this job: Make an impact in procurement while collaborating with diverse teams and stakeholders.
- Qualifications: 3+ years in procurement, strong negotiation skills, and excellent relationship-building abilities.
The predicted salary is between 50000 - 60000 £ per year.
Role Purpose: This is an individual contributor role supporting the Senior Category Manager for Digital Operations within the Technology Tower of Group Procurement. The role executes the category plan, manages supplier relationships, and focuses on sourcing, supplier management, and business engagement for Order Forms (OF), Statements of Work (SOWs), purchase requests (PRs), and purchase orders (POs) across Ariba, Oracle, and Fieldglass platforms. The Digital Operations Category represents an annual spend of approximately £100m and encompasses key spend areas such as End User Compute, Telephony & AV, User Software, and Observability.
Responsibilities:
- 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 to 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.
- Maintain interfaces with line management, Category Managers, other buyers, the Group Procurement Centre of Excellence, shared services teams, supplier business owners, budget holders, and Head of Foundation Services.
Qualifications:
- Minimum of 3 years’ experience in buying / procurement.
- Commercially minded with strong negotiation skills.
- Experience liaising with and managing suppliers.
- Proficiency in market and category analysis.
- Ability to prioritise workload and meet deadlines.
- Strong IT skills (Office programs, procurement systems desirable).
- Ability to provide management information for sourcing and contract management.
- Excellent relationship‑building, influencing, and communication skills—written and verbal—at senior levels.
- Degree level education.
- Desirable: Procurement/supply operation qualification (e.g., MCIPS or IAACM) or working toward one.
- Preferred: Experience in a regulated financial services environment, information services companies, FinTechs, or global, multi‑country organisations.
- Pro‑active behaviour, initiative, and a positive work ethic to deliver activities on time, within budget, and to quality standards.
- Teamwork and collaboration with other category teams, including offshore partners.
Benefits:
- Healthcare support
- Retirement planning options
- Paid volunteering days
- Well‑being initiatives
Equal Opportunity: LSEG is a proud equal opportunities employer. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy, disability, or any other basis protected under applicable law. We can accommodate religious practices and mental health or physical disability needs as required.
Senior Buyer (Technology) employer: London Stock Exchange Group
At LSEG, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within the Technology Tower. Our commitment to employee growth is evident through comprehensive training programmes and opportunities for advancement, while our competitive benefits, including healthcare support and paid volunteering days, ensure a rewarding work-life balance in a vibrant location. Join us to be part of a forward-thinking team that values diversity and empowers you to make a meaningful impact in the procurement landscape.
Contact Details:
London Stock Exchange Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Buyer (Technology)
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like London Stock Exchange Group.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Senior Buyer (Technology)
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to London Stock Exchange Group:Your cover letter should read like you’re chatting directly to London Stock Exchange Group. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like London Stock Exchange Group.
How to prepare for a job interview at London Stock Exchange Group
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at London Stock Exchange Group!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at London Stock Exchange Group. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into London Stock Exchange Group's culture.