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IT Category Manager - Tier 1 Financial Services

IT Category Manager - Tier 1 Financial Services

  • Location


  • Sector:


  • Job type:


  • Salary:

    £50000 - £65000 per annum + bonus and benefits attached

  • Contact:

    George Purkiss

  • Contact email:

  • Salary high:


  • Salary low:


  • Job ref:


  • Published:

    over 1 year ago

  • Expiry date:


  • Startdate:



  • Develop and implement sourcing strategies for key spend areas, working collaboratively with business stakeholders to deliver a combination of quick wins and longer term strategic reviews and initiatives.
  • Be responsible for working closely with UK departments to define requirements, assist with identifying vendors, lead RFX process and evaluations, negotiations etc.
  • Provide market insights into the sourcing process on projects within categories of expertise
  • Perform due diligence reviews to ensure compliance with corporate and regulatory requirements
  • Negotiating with external service providers/suppliers to deliver best service and a value proposition
  • Recording of supply agreements on the firms global contracts database
  • Provide training, as appropriate, to business partners on Procurement & Supplier Management framework, policies, standards, processes, procedures and alignment with Global procurement processes
  • Keeping up to date with procurement industry changes
  • Assisting Legal Counsel in negotiating terms of services/supply agreement
  • Work collaboratively with suppliers and business stakeholders to identifying opportunities for cost savings/process improvements across the bank
  • Report on third party risk and where necessary challenge operational requirements and supplier spend.
  • Actively manage and monitor adherence to procurement & supplier management process, governance and policy.
  • Drive continuous improvement in the service provided to the Business and generate ideas and initiatives to stimulate an ongoing pipeline of enhancements.
  • Conduct third-party reviews on selected third-party's to ensure business relationships are fostered and maintained.
  • Managing supplier relationships and Key Performance Indicators (KPI's). Produce and deliver reports to senior management to track productivity, quality and efficiency of third party relationship