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: Work in a dynamic environment with a focus on quality and compliance.
- Why this job: Make a real impact in the financial sector while developing your career in procurement.
- Qualifications: Experience in sourcing, contract management, and strong commercial awareness required.
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
Strategic IT Sourcing Lead (Hybrid) 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 numerous growth opportunities and promotes a collaborative culture that values diversity and inclusion. Employees enjoy flexible working arrangements and the chance to contribute meaningfully to the financial services sector, ensuring their work has a lasting impact on the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Strategic IT Sourcing Lead (Hybrid)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at the FCA. A friendly chat can give us insights into the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by researching the latest trends in IT sourcing and procurement. We want to show that we’re not just familiar with the basics but also passionate about the field and ready to bring fresh ideas to the table.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms. This will help us articulate our experiences and skills confidently, making a great impression on the interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive opportunities listed there that you won’t find anywhere else.
We think you need these skills to ace Strategic IT Sourcing Lead (Hybrid)
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:When detailing your experience, focus on specific achievements that demonstrate your ability to manage supplier spend and deliver projects on time and within budget. We love numbers, so if you can quantify your successes, even better!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at StudySmarter!
How to prepare for a job interview at UK Regulators' Network
✨Know Your Stuff
Make sure you understand the FCA's procurement strategy and how it aligns with their objectives. Brush up on your knowledge of IT sourcing, especially in areas like cloud services and end-user computing. This will show that you're not just interested in the role but also invested in the organisation's mission.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully managed sourcing activities or negotiated contracts. Highlight your ability to deliver projects on time and within budget, as well as how you've navigated compliance with procurement regulations. Real-life stories resonate well!
✨Ask Smart Questions
Come prepared with insightful questions about the FCA's current procurement challenges or future strategies. This demonstrates your proactive mindset and genuine interest in contributing to their goals. It’s a great way to engage with the interviewers and show that you’re thinking ahead.
✨Be Ready for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills and commercial judgement. Think through potential challenges you might encounter in the role and how you would address them. Practising these scenarios can help you articulate your thought process clearly during the interview.
