At a Glance
- Tasks: Maximise value from IT procurement and manage supplier relationships.
- Company: Join Schroders, a global leader in asset and wealth management.
- Benefits: Competitive pay, dynamic work environment, and opportunities for professional growth.
- Why this job: Make a real impact in a global firm while developing your procurement expertise.
- Qualifications: Experience in strategic procurement and strong communication skills required.
- Other info: Work in a collaborative team with a focus on continuous improvement.
The predicted salary is between 48000 - 72000 £ per year.
At Schroders, we focus on helping our clients achieve their financial goals and build future prosperity. As a global asset and wealth manager, Schroders delivers a broad range of investments designed to meet the diverse needs of institutions, intermediaries and high net worth individuals. For over 200 years we have built principled partnerships with our clients, putting them at the centre of everything we do.
Group Procurement is the centre of excellence for active commercial management of all of Schroders’ supply chain, enabled by great people, disciplined cost management and seamless risk and compliance. Group Procurement sits within the COO Corporate Functions, supporting the wider business on all its third-party commercial activity. The team are made up of multiple disciplines across Market Data, Technology, Corporate Services, Third Party Risk and Operations.
This role will provide procurement expertise across the group in order to maximise the long term value from all that Schroders procures. This will involve the identification and implementation of global procurement opportunities in a geographically dispersed environment with respect to supplier management, sourcing, systems, processes and reporting. The role will be based in London.
The Procurement Manager would have a core focus on the IT category with the following responsibilities:
- Category management including strategic sourcing, contract, performance and risk management across a broad range of IT categories.
- Leading on Supplier Relationship Management (SRM) across the IT supply chain.
- Activity delivery across a spectrum of business areas to determine the appropriate approach to market, optimum commercial models and supplier relationships for a product/service.
- To work closely with internal business colleagues to understand their requirements, mapping these to the sourcing strategy in line with overall procurement strategy.
- To provide procurement services that deliver maximum commercial advantage to Schroders including selection and application of appropriate procurement processes for a particular product/service.
- Challenging and influencing business stakeholders where appropriate to ensure the best outcome for Schroders.
- To negotiate appropriate commercial and contractual arrangements with technology suppliers for all products/services.
- Champion continual improvement and procurement best practice within the global business.
- Reporting on procurement activities, including savings and benefits achieved to management.
Essential Skills / Experience:
- Demonstrable experience of successfully operating within a strategic procurement team.
- Notable level of IT category expertise including major outsourcing arrangements.
- Experience of standing up a supplier relationship management (SRM) framework.
- Flexible approach to work with an ability to adapt to change.
- Excellent levels of communication, able to influence and persuade others, whilst building strong working relationships.
- Track record of global/regional delivery across complex environments.
- Demonstrable experience of utilising and managing procurement systems and tools.
- Strong analytics experience in order to understand and interpret information bringing insight.
- Excellent organisation, presentation and problem solving skills.
- Strong negotiation skills.
- Excellent IT and numeracy skills.
Desirable Skills / Experience:
- CIPS qualified.
- Financial Services experience.
Personal attributes:
- Capable of remaining positive when under pressure.
- Friendly, approachable, enjoys working with people from a variety of backgrounds.
- Ability to work with minimal supervision in a dynamic and time critical environment.
- Continuous improvement mind-set, challenges the status quo and seeks self improvement.
- Earn respect from colleagues and willing to complete tasks at either end of the complexity spectrum.
We are a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. We have around 6,000 people on six continents. And we have been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.
IT Procurement Manager - 6 Month Contract Role employer: Schroders
Contact Detail:
Schroders Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IT Procurement Manager - 6 Month Contract Role
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for an IT Procurement Manager role. You never know who might have the inside scoop on opportunities!
✨Tip Number 2
Prepare for interviews by researching Schroders and their procurement strategies. Understand their approach to supplier management and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate, but someone who truly gets their business.
✨Tip Number 3
Practice your negotiation skills! As an IT Procurement Manager, you’ll need to demonstrate your ability to negotiate effectively. Role-play scenarios with friends or mentors to build confidence and refine your approach before the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at Schroders. Let’s get you that interview!
We think you need these skills to ace IT Procurement Manager - 6 Month Contract Role
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IT Procurement Manager role. Highlight your relevant experience in strategic procurement and IT category expertise. We want to see how your skills align with what we’re looking for!
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 at Schroders. Keep it concise but impactful – we love a good story!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve delivered value in previous roles, especially in supplier management and negotiation. Numbers speak volumes!
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Schroders
✨Know Your Procurement Stuff
Make sure you brush up on your IT procurement knowledge. Understand the latest trends in supplier relationship management and strategic sourcing. Be ready to discuss how you've successfully navigated complex procurement environments in the past.
✨Showcase Your Communication Skills
Since this role involves influencing stakeholders, practice articulating your thoughts clearly and confidently. Prepare examples of how you've built strong relationships and persuaded others in previous roles. This will demonstrate your ability to communicate effectively.
✨Be Ready for Problem-Solving
Expect questions that test your analytical and problem-solving skills. Think of scenarios where you've had to overcome challenges in procurement. Highlight your approach to finding solutions and how you’ve improved processes in the past.
✨Demonstrate a Continuous Improvement Mindset
Schroders values innovation and improvement, so come prepared with ideas on how procurement can evolve. Share examples of how you've challenged the status quo and implemented best practices in your previous roles to drive better outcomes.