At a Glance
- Tasks: Support category strategy and manage supplier relationships in a dynamic procurement environment.
- Company: Join a leading organisation focused on innovative technology solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Embrace a culture of equality and continuous improvement in a collaborative setting.
- Why this job: Make an impact in procurement while working with cutting-edge technology and diverse teams.
- Qualifications: 3+ years in procurement, strong negotiation skills, and a degree.
The predicted salary is between 50000 - 65000 £ per year.
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 is responsible for executing the category plan (including associated strategies) and managing supplier relationships. The role 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) across Ariba, Oracle and Fieldglass platforms. The Digital Operations Category represents an annual spend of approximately £100m, covering End User Compute (Laptops, Mobiles and Devices), Telephony & AV, User Software, and Observability. The role will procure software, hardware and, where applicable, professional services. Although primarily aligned to the Digital Operations category, the role may support other sub-teams within Group Procurement.
Key Interfaces
- Senior Category Manager (line management)
- Category Managers and other buyers
- Group Procurement Centre of Excellence and Shared Services teams
- Business: supplier business owners and budget holders
- Key partnering functions: Head of Foundation Services and their function
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 or procurement.
- Commercially minded and proficient negotiator.
- Ability to liaise with and manage suppliers.
- Experience in market and category analysis.
- Ability to assess, prioritise workload and meet deadlines.
- Strong IT skills (Office programs especially, procurement systems desirable) and ability to provide management information to assist sourcing and contract management processes.
- 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 a positive work ethic to ensure activities are delivered to the required time, budget and quality.
- Maximise opportunities and challenge ways of working, adopting Group practices and seeking and providing information and clarification.
- Teamwork – ability to work with other category teams, both local and offshore, to deliver services to stakeholders.
- 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, or Global, multi-country organisations.
Equal Opportunities
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.
Senior Buyer (Technology) in London employer: LSEG
As a Senior Buyer in Technology, you will thrive in a dynamic and inclusive work environment that prioritises employee growth and development. Our commitment to fostering strong supplier relationships and innovative procurement strategies ensures that you will play a vital role in shaping our digital operations while enjoying competitive benefits and a collaborative culture. Join us in a location that values diversity and offers unique opportunities for professional advancement within a leading organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Buyer (Technology) in London
✨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 LSEG.
✨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) in London
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 LSEG:Your cover letter should read like you’re chatting directly to LSEG. 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 LSEG.
How to prepare for a job interview at LSEG
✨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 LSEG!
✨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 LSEG. 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 LSEG's culture.