At a Glance
- Tasks: Lead IT sourcing strategies and manage supplier contracts for the FCA.
- 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 hybrid work environment with a focus on collaboration and innovation.
- Why this job: Make a real impact in procurement while ensuring compliance and quality.
- Qualifications: Experience in sourcing, contract management, and strong commercial judgement required.
The predicted salary is between 55000 - 65000 £ per year.
The Financial Conduct Authority regulates financial services firms and financial markets in the UK.
Requirements of the role:
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
Strategic IT Sourcing Lead (Hybrid) in London employer: UK Regulators' Network
The Financial Conduct Authority (FCA) is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets regulatory excellence. With a strong commitment to employee development, the FCA provides ample opportunities for growth and advancement within the organisation, alongside a flexible hybrid working model that promotes work-life balance. Join us to be part of a collaborative culture that values integrity and aims to deliver quality services while making a meaningful impact on the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Strategic IT Sourcing Lead (Hybrid) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We recommend practising common interview questions and tailoring your answers to reflect how your skills align with their needs. Show them you’re the perfect fit!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We suggest mentioning something specific from the conversation to show you were engaged and interested.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Let’s get you that Strategic IT Sourcing Lead role!
We think you need these skills to ace Strategic IT Sourcing Lead (Hybrid) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Strategic IT Sourcing Lead role. Highlight your experience in sourcing and contracting strategies, especially in IT categories like cloud services. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role and how you can contribute to the FCA's procurement strategy. Keep it engaging and relevant to the job description.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've delivered projects on time and within budget, and how you've driven value through effective sourcing. We love numbers and results!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss any important updates from us!
How to prepare for a job interview at UK Regulators' Network
✨Know Your Procurement Stuff
Make sure you brush up on procurement strategies, especially in IT categories like cloud services and end-user computing. Familiarise yourself with the FCA's procurement standards and regulations, as this will show that you're serious about compliance and quality.
✨Showcase Your Commercial Acumen
Be ready to discuss how you've managed supplier relationships and driven value in previous roles. Prepare examples where your commercial judgement made a difference, particularly in managing budgets and ensuring projects were delivered on time and within scope.
✨Master the Art of Negotiation
Since you'll be leading sourcing activities, practice articulating your negotiation strategies. Think of specific instances where you successfully negotiated contracts or resolved conflicts with suppliers, and be prepared to share these stories during the interview.
✨Demonstrate Your Team Spirit
The role involves working closely with various departments, so highlight your collaborative skills. Share experiences where you partnered with others to achieve common goals, and emphasise your ability to align procurement strategies with business needs.
