At a Glance
- Tasks: Maximise value from IT procurement and manage supplier relationships across a global environment.
- Company: Join Schroders, a leading global investment manager with over 200 years of experience.
- Benefits: Gain valuable experience in procurement while working in a dynamic, supportive team.
- Why this job: Make a real impact in a role that drives better outcomes for clients and society.
- Qualifications: Experience in strategic procurement and strong IT category expertise required.
- Other info: Flexible work environment with opportunities for personal and professional growth.
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.
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 in London 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 in London
✨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 understanding their procurement strategies. Tailor your responses to show how your experience aligns with their needs, especially in IT category management. We want to see that you can hit the ground running!
✨Tip Number 3
Practice your negotiation skills! Since this role involves negotiating with technology suppliers, brush up on your techniques. Role-play scenarios with friends or colleagues to build confidence and refine your approach.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s make it happen!
We think you need these skills to ace IT Procurement Manager - 6 Month Contract Role in London
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 Negotiation Skills
Prepare examples of how you've negotiated contracts with technology suppliers. Highlight your ability to influence stakeholders and achieve the best outcomes. This role requires strong negotiation skills, so be ready to demonstrate your expertise.
✨Understand Their Business
Research Schroders and their approach to procurement. Familiarise yourself with their values and how they support clients. Being able to align your experience with their goals will show that you're genuinely interested in the role and the company.
✨Be Ready for Problem-Solving
Expect questions that assess your problem-solving abilities. Think of scenarios where you've faced challenges in procurement and how you overcame them. Show that you have a continuous improvement mindset and can adapt to changing situations.