Procurement Specialist

Description An experienced IT Procurement and Strategic Sourcing professional with significant expertise in managing complex technology agreements, supplier relationships, and commercial negotiations across software, cloud, hardware, telecommunications, cybersecurity, and IT services categories. Operates effectively in regulated and mission-critical environments where sourcing decisions require strong commercial judgment, risk awareness, and stakeholder management.

Key Responsibilities
• Leading strategic sourcing initiatives, RFx processes, supplier selections, and contract negotiations.
• Managing end-to-end technology procurement activities, including software, hardware, cloud, network, and professional services agreements.
• Acting as a trusted advisor to business, technology, legal, risk, security, compliance, and finance stakeholders.
• Driving commercial optimization, cost reduction, risk mitigation, and supplier-performance improvements.
• Negotiating complex contractual terms, including pricing models, liability provisions, data protection, security, service levels, audit rights, and regulatory requirements.
• Supporting major renewals, competitive sourcing events, vendor consolidations, and strategic procurement programs.
• Assessing supplier capabilities, financial stability, operational resilience, and compliance with internal policies and industry regulations.
• Building and maintaining strong executive-level relationships with strategic technology vendors.
• Contributing to procurement governance, category strategies, sourcing standards, and continuous improvement of procurement processes. Typical Profile
• 10+ years of experience in IT procurement, strategic sourcing, vendor management, or commercial contract management.
• Strong knowledge of software licensing, SaaS, cloud services, infrastructure, cybersecurity, telecommunications, and managed services procurement.
• Proven track record of negotiating complex multi-million technology agreements.
• Experience working within regulated environments such as financial services, payments, critical infrastructure, or highly governed technology organisations.
• Excellent stakeholder management and influencing skills, including engagement with senior leadership and external suppliers.
• Strong understanding of commercial, contractual, legal, risk, and regulatory considerations associated with technology sourcing. Skills and Experience Requirements Financial Industry: Yes Regulated Environments: Yes Stakeholder Management: 10 years of experience Technology Sourcing: 10 years of experience