Role Overview
Senior Technology Procurement Specialist supporting strategic sourcing, supplier governance, contract negotiation, and procurement transformation initiatives for TP ICAP Group.
Location
UK - City Quays - Belfast
Employment Type
12 month Fixed Term Contract
Role Responsibilities
- Support the Head of Procurement - Technology with development and implementation of a 3 year rolling Technology Category Sourcing Strategy, including supplier segmentation, supplier consolidation strategy, PSL category definition and strategic procurement levers implementation.
- Define and agree category plans that deliver ongoing commercial value in terms of cost, performance and risk in accordance with overall procurement strategy aligned to business objectives and strategies.
- Build strong relationships with technology and business stakeholders, business management and finance as well as third party suppliers.
- Provide market insights to the broader procurement team including key stakeholders, senior management and the procurement sourcing office.
- Deliver sourcing processes including pipeline management, competitive tenders and benchmarking to identify the best supplier option, ensuring commercial, contractual, performance and service delivery stipulations are embedded and aligned to business requirements.
- Ensure and complete all relevant Third Party Risk Management activities on a timely basis through liaison with the Procurement Efficiency Office.
- Ensure that all technology software contracts have been abstracted and added to the contract repository and contract meta data is kept up to date throughout the contract lifecycle.
- Actively participate in procurement strategic initiatives including transformation, continuous improvement and innovation programmes.
- Manage and lead complex and high value contract negotiations with suppliers.
- Participate and manage appropriate Governance forums and develop supporting metrics & reporting in conjunction with the Procurement Efficiency Office.
- Collaborate and support the commercial contract management team with the management of the category Panels and Preferred Supplier Lists, performance and commercial issues during the post deal contract period.
- Provide support to the Procurement Efficiency Office with supplier onboarding queries and process issues, as well as off boarding of suppliers upon contract termination.
Experience and Competences
- Proven experience operating within a strategic procurement, category management or sourcing function.
- Demonstrable experience managing Technology spend categories, including one or more of the following: Software, SaaS, Infrastructure, Cloud Services, Telecommunications, Managed Services or IT Professional Services.
- Experience leading end to end sourcing activities, including supplier selection, competitive tendering, negotiations and contract award.
- Proven commercial negotiation and contract management skills, with the ability to deliver measurable value through cost optimisation, risk reduction and service improvements.
- Experience developing and executing category plans or procurement strategies aligned to business objectives.
- Demonstrated stakeholder management and relationship building skills, with the ability to influence stakeholders across Technology, Finance and Business functions.
- Experience managing supplier relationships and evaluating supplier performance, capability and commercial value.
- Solid analytical skills with the ability to interpret spend data, market intelligence and supplier insights to support decision making.
- Excellent verbal and written communication skills, including the ability to present recommendations and commercial outcomes to senior stakeholders.
- Proven ability to manage multiple priorities and deliver outcomes within a fast paced and evolving environment.
Desired Experience
- Experience managing Software Licensing, SaaS, Cloud Infrastructure or IT Outsourcing categories in a complex enterprise environment.
- Experience within Financial Services, Capital Markets, Professional Services or another regulated industry.
- Knowledge of cloud commercial models, FinOps principles and cloud cost optimisation initiatives.
- Experience with Third Party Risk Management, supplier governance and regulatory requirements relating to external suppliers.
- Familiarity with technology related contracts, including software licensing, SaaS agreements, managed services and professional services contracts.
- Experience supporting procurement transformation, process improvement or operating model enhancement initiatives.
- Professional procurement qualification (MCIPS or equivalent).
- Experience working within a global procurement function supporting international stakeholders and suppliers.
- Experience using procurement, contract lifecycle management and supplier management platforms.
Equal Opportunity Employer
At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background.
Level
Manager - Level 7