IT Procurement Manager

Posted 7 Days Ago
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Bangalore, Bengaluru Urban, Karnataka
5-7 Years Experience
Fintech • Payments • Financial Services
The Role
Experienced IT Procurement Manager needed to work collaboratively with senior Tech stakeholders, develop category strategies and plans, analyze market dynamics, and optimize financial and risk considerations. Role involves reducing vendor costs, increasing process efficiency, and improving vendor management and procurement value communication.
Summary Generated by Built In

Job Title

IT Procurement Manager

Job Description

IT Procurement Manager

Are you an experienced and passionate IT Procurement Mgr with deep and detailed knowledge of the characteristics of IT Software/Hardware/SaaS/PaaS and associated services?

We are looking for a collaborative team player and people person, with exceptional stakeholder management skills, a great listener and communicator.

You will be laser focused on working with Senior Tech stakeholders to reduce the vendor cost base, increase process efficiency to better serve our customers and improve how we monitor, report and communicate the value of Procurement.

So, who are we?

Hello, we’re IG Group. No, not Instagram – though we're a pretty big deal ourselves. We’re a global, FTSE 250-listed company made up of a collection of progressive fintech brands in the world of online trading and investing.

The best part? We’ve snapped up many awards for our top-class platforms, forward-thinking products, and incredible employee experiences.

We believe in financial freedom. And our purpose is to help ambitious people achieve it. Around 400,000 people use our groundbreaking technology and forward-thinking platforms to trade the financial products they know and love.

Did we mention we have offices in 18 countries? Yes, when you join IG Group, you'll have the chance to work across multiple brands, with people all over the world. Join us for an exciting future and let’s innovate together!

Your role in the team

The core purpose of this role is to work closely and collaboratively with senior Tech stakeholders to create, develop and deliver category management and strategic sourcing to IG Technology to deliver value and savings to IG Technology.

You will create, develop and deliver the implementation of procurement planning and category management to IG Technology with the express intent of delivering reduced vendor costs, increasing process efficiency to better serve our customers, mitigating risk and improving how we monitor, report and communicate the value of vendor management & procurement work.

In order to do this you would need to define, gain agreement to and implement strategic sourcing and Category plans (including a pipeline of procurement opportunities and robust value and savings reporting) for IG Technology which includes Software, Hardware, SaaS and PaaS. As a part of this role you would continue to develop and maintain Category strategies and plans in conjunction with the team and business partners. These plans would contain simple and complex opportunities.
 

What you’ll do

  • Develop category strategies, category plans and commercial solutions aligned to "best in class" procurement methodology in total collaboration with senior stakeholders

  • Develop “bought into” pipelines of work to enable delivery of each category plan

  • Develop a data driven analysis to appropriately understand market analytics and category dynamics, these include Total Cost of Ownership (TCO) models, comparative analysis, spend analysis, trend analysis, risk analysis, benchmarking etc.

  • Ensure all financial, risk, strategic and commercial considerations are optimised through the use of best in class strategies and deep market knowledge

Who we’re looking for

You’re curious about things like the client experience, the rapid developments in tech, and the complex world of fintech regulation. You’re also a confident, creative thinker with a knack for innovating. We know that you know every problem has a solution. Here, you can try new ideas, and lead the way in creating inspiring experiences for our clients and everyone around you.

We don’t fit the corporate stereotype. If you want to work for a traditional, suit-and-tie corporate that just gives you a pay cheque at the end of the month, we might not be for you. But, if you have that IG Group energy and you can stand behind what we believe in, let’s raise the bar together.

What you’ll need for this role

  • 5years+ in a Sourcing environment with focus on Technology 

  • Proven track record of category specific delivery and achievements

  • CIPS qualification

  • Experience in financial services industry or ICT

  • Global technology related sourcing experience.

How you’ll grow

When you join IG Group, we want you to have more than a job – we want you to have a career. And you can. If you spot an opportunity, we want you to chase it. Stretch yourself, challenge your self-beliefs and go for the things you dream of. With internal and external learning opportunities, and the tools to help you skyrocket to success, we’ll support you all the way.

And these opportunities truly are endless because we have some bold targets. We plan to expand our global presence, increase revenue growth, and ultimately deliver the world’s best trading experience. We’d love to have you along for the ride.

The perks

It really is more than a job. We’ll recognise your talent and make sure that you can still have a life – at work, and outside of it. Networks, committees, awards, sports and social clubs, mentorships, volunteering opportunities, extra time off… the list goes on.

• Stable employment conditions with attractive remuneration

• Excellent work location and atmosphere in working place

• Comprehensive social benefit package as well as training and development

• Flexible work arrangements – we work in hybrid working framework

• Home office equipment reimbursement

• 2 additional days off a year for voluntary work & 1 additional day off to celebrate your Birthday 😊Free lunch, fresh fruits and coffee/hot drinks & Free shuttle service to the nearest metro station

• Games: Foosball, ping-pong table and board games.

Where you’ll work

We follow a hybrid working model; we reckon it’s the best of both worlds. This model also feeds into our secret ingredients for innovation: diversity, flexibility, and close connection. Plus, you’ll be welcomed into a diverse and inclusive workforce with a lot of creative energy.

Ask our employees what their favourite thing is about working at IG, and you’ll hear an echo of ‘our culture’! That’s because you can come to work as your authentic self. The things that make you, you – like your ethnicity, sexual orientation, faith, age, gender identity/expression or physical capacity – can bring a fresh perspective or new skill to our business.

That’s why we welcome people from various walks of life; and anyone who wants to help us realise our vision and strategy. So, if you’re keen to connect with our values, and lead the charge on innovation, you know what to do.

Apply now

Number of openings

1

The Company
Chicago, Illinois
2,748 Employees
On-site Workplace

What We Do

We’ve been at the forefront of trading innovation since 1974, taking on the challenge to deliver an unmatched experience for our clients and raise the bar for tomorrow’s opportunities.

Today, we’re a global fintech company incorporating the IG, tasty, IG Prime, Spectrum and DailyFX brands, with a presence in 18 countries across five continents – Europe, North America, Africa, Asia-Pacific and the Middle East.

We’re an organisation of positive problem-solvers, united and inspired by our purpose, which is to power the pursuit of financial freedom for the ambitious. Our award-winning products and platforms empower go-getters the world over to unlock opportunities around the clock, giving them access to over 19,000 financial markets.

Today, more than 400,000 clients call IG Group home.

IG Group Holdings plc is an established member of the FTSE 250 and holds a long-term investment grade credit rating of BBB- with a stable outlook from Fitch Ratings

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