Role: Procurement Consultant (Contract)
Location: Canary Wharf (Hybrid, 3 days per week in office)
Contract Length: 12 months
Day Rate: £700 (via umbrella company)
The role
We are seeking a highly experienced and proactive Procurement Consultant to manage critical global strategic sourcing and procurement projects within the IT Business Applications Software spend category, which has an annual spend of approximately $500M.
Responsibilities:
- Leading strategic sourcing events and presenting data-driven recommendations to management on opportunities, risks, and investment priorities.
- Handling contract and price negotiations for both Business Application (software) and Banking Services categories.
- Managing category spend analytics, creating multi-year strategic sourcing roadmaps, and educating the organization on relevant market trends, suppliers, and markets.
- Reviewing statements of work and contract renewals to identify opportunities for commercial improvements while minimising risk.
- Drafting and creating various agreements, including NDAs, Master Agreements (SaaS, Software License Agreements, etc.), and Statements of Work. You will also lead and facilitate all aspects of contract negotiations with multiple Risk Control Functions like Legal, Privacy, and Risk.
- Liaising with internal stakeholders to ensure policy adherence and to explain key clauses so they can make informed decisions.
- Managing and supporting regulatory and compliance requirements.
- Analysing the business and financial performance of potential and existing suppliers.
- Working collaboratively with suppliers to enhance value and innovation.
About you
- The ideal candidate will have extensive experience (minimum 10 years) in the Software/Banking Applications Category at a financial services organisation.
- A Bachelor's degree in Business, Supply Chain Management, or Finance, or an equivalent combination of education and work experience in a sourcing or procurement-related field focused on indirect sourcing.
- An MBA or other advanced degree, along with a professional Procurement/Supply Chain Management designation (e.g., CSCP, CPM), is a strong plus.
- In-depth knowledge of supply chain management and procurement.
- Strong analytical, sourcing, negotiation, and communication skills.
- Proficiency in MS Office Suites with advanced Excel skills, and experience with ERP systems and Source to Pay (Coupa).
- Demonstrated success in time management, with superior project management and stakeholder management skills.
- A self-starter who is highly organised, thorough, and pays close attention to detail.
- Comfortable working in high-pressure environments, managing conflicting workloads, and appropriately prioritising tasks based on the legal or contractual situation.
How to apply
If you are an experienced IT Procurement or Category Manager with banking and financial services experience with the required skills and are available for a 12 month contract, please submit your application with your resume today.
Randstad Technologies is acting as an Employment Business in relation to this vacancy.
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