IT Category Manager - Financial Services

Company Profile

A strategic role through growth and expansion with a leading International Banking business based in London. Working as part of the Management team, the main purpose of this role is to develop and embed a best-practice procurement function. In a fast paced working environment, this strategic role will have ownership for core IT spend across the category. Key areas of focus will be to secure buy-in across the organisation and to identify and secure opportunities for cost-reduction and improved efficiencies.


The specific responsibility of the role is to operate as the procurement lead for a key category, delivering the following:

*Ensuring stakeholders understand the end to end cost picture of the category and how their decisions can impact the banks cost position
*Centrally highlighting opportunities to improve the future position through negotiation and cost levers.
*Challenging cost drivers and seeking to reduce the cost position of the bank through effective expenditure management.
*Producing annual category budgets and procurement plans and reviewing these in a live environment.
*Assisting the business with translating business need into market ready specifications which allow market competition.
*Acting as a final decision maker on supplier choice and accepting the responsibility for ensuring the supply chain and contract can address business need.
*Ensuring business units understand service provider delivery and the risks contained in the outsourcing agreements that govern this.
*Partnering with Organisation colleagues to ensure the make-buy decision is understood and documented,
*Ensure a detailed tracking and monitoring regime is in place to allow effective management oversight of the challenge and linkage to the P&L
*Provide full transparency of all challenges, risks and opportunities within relevant categories


Experience Required

*Experience within a procurement leadership role in Financial Services sector
*Experience in IT Category Management
*Demonstrable track record of achieving cost related targets.
*Significant experience in Supplier negotiations and Supplier relationship management on a senior level

Badenoch + Clark acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. Badenoch + Clark UK is an Equal Opportunities Employer.

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Job Overview

ID:

241458

Date Posted:

Posted 1 month ago

Expiration Date:

24/02/2021

Location:

Homeworking

Job Type:

Permanent

Salary:

£60000 - £70000 per annum

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