At a Glance
- Tasks: Lead sourcing strategies for IT services and manage supplier relationships.
- Company: Join the FCA, a key player in regulating financial services in the UK.
- Benefits: Enjoy flexible working, competitive salary, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on innovation and collaboration.
- Why this job: Make a real impact in procurement while ensuring quality and compliance.
- Qualifications: Experience in sourcing and contract management, with strong negotiation skills.
The predicted salary is between 40000 - 50000 € per year.
The Financial Conduct Authority regulates financial services firms and financial markets in the UK. Operations provides the platform and tools to enable the organisation to deliver on its statutory objectives. We work in partnership with the rest of the organisation to provide specialist support across a wide range of areas to deliver quality services and value for money. Procurement sits within the Finance and Corporate Services Directorate and works with departments across the FCA to source goods and services (£300m annual spend) required from third parties. We are responsible for ensuring procurements deliver contracts to agreed time, budget and quality, which are compliant with Public Procurement Regulations.
Role Responsibilities:
- Deliver sourcing and contracting strategies across a portfolio of IT categories (including cloud services and end user computing) in line with the FCA procurement strategy.
- Lead low risk/low complexity sourcing activity end-to-end (e.g., RFx, supplier negotiations, contract drafting/renewals), ensuring policy compliance, minimum standards and alignment to business needs.
- Manage external supplier spend and drive value through strong commercial judgement, market awareness and effective sourcing/contracting approaches.
- Ensure procurement projects meet objectives—delivered on time, within budget and to required quality standards, managing moderate complexity/risk renewals and sourcing projects.
- Use and promote FCA procurement systems and processes, delivering work consistently with FCA procurement standards and governance.
Location: London
Contract type: Full time, Permanent
Profession: IT, Operations, Procurement
Working pattern: Flexible working, Hybrid
Closing Date: 21/05/2026
IT Sourcing Specialist in London employer: UK Regulators' Network
The Financial Conduct Authority (FCA) is an exceptional employer, offering a dynamic work environment in London that fosters collaboration and innovation. With a strong commitment to employee growth, the FCA provides extensive training opportunities and promotes a flexible working culture, ensuring that staff can balance their professional and personal lives effectively. Joining the FCA means being part of a mission-driven organisation that values integrity and excellence in regulating financial services, making it a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land IT Sourcing Specialist in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its procurement strategies. Show us that you understand the FCA's goals and how your skills can help achieve them. Tailor your answers to reflect their values and needs.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your responses. The more comfortable you are discussing your experience and skills, the better you'll perform when it counts.
✨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.
We think you need these skills to ace IT Sourcing Specialist in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the IT Sourcing Specialist role. Highlight your experience with sourcing strategies, supplier negotiations, and any relevant procurement systems you've used. 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. Be sure to mention specific examples of your past successes in managing supplier relationships or delivering projects on time and within budget.
Showcase Your Knowledge of Regulations:Since compliance is key in our industry, make sure to demonstrate your understanding of Public Procurement Regulations in your application. We appreciate candidates who are aware of the legal landscape and can navigate it effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position there!
How to prepare for a job interview at UK Regulators' Network
✨Know Your Procurement Basics
Make sure you brush up on your knowledge of procurement processes, especially in the context of IT sourcing. Understand the key principles of Public Procurement Regulations and be ready to discuss how they apply to the role.
✨Showcase Your Commercial Acumen
Be prepared to demonstrate your commercial judgement and market awareness. Think of examples where you've successfully managed supplier relationships or driven value through effective sourcing strategies.
✨Familiarise Yourself with FCA's Procurement Strategy
Research the FCA’s procurement strategy and understand how it aligns with their overall objectives. This will help you articulate how your skills and experiences can contribute to their goals during the interview.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in sourcing and contracting. Prepare specific examples from your past experiences that highlight your ability to manage projects within time, budget, and quality standards.
