Procurement Specialist

Role Purpose

Our banking client is seeking a procurement specialist responsible for efficient and cost-effective sourcing of products and services across all categories, with a strong focus on IT procurement (software, hardware, networking, data centers). This role supports London-based stakeholders while collaborating with global procurement teams.

Requirements

• Minimum 3 years’ procurement experience (Must be within banking).
• experience with contracts, negotiations and external vendors.
• Strong understanding of sourcing techniques and procurement systems.

Key Responsibilities

• Manage end-to-end procurement projects with medium complexity and risk.
• Negotiate and manage local supplier contracts independently.
• Support development of sourcing strategies, pricing models, and negotiation tactics.
• Ensure compliance with internal guidelines, contract law, and third‑party risk frameworks (e.g., DORA).
• Work closely with Corporate Procurement HQ and nearshore teams to optimize sourcing.

Job Title

Procurement Specialist

Location

London, UK

Rate/Salary

350.00 – 450.00 GBP Daily

Job Type

Contract