IT Procurement Officer

In this pivotal role, you will be responsible for shaping and delivering IT sourcing strategies across a broad technology landscape, supporting critical business initiatives while ensuring robust governance, regulatory compliance and value creation. You will work closely with senior stakeholders across IT, Legal, Risk, Compliance and Information Security to manage end-to-end procurement activities in a highly regulated banking environment.

About You

You are a confident and credible procurement professional with strong technical, commercial and stakeholder management skills, comfortable operating in a complex and regulated environment.

Key Responsibilities

• Lead end-to-end IT procurement activities across software, hardware, cloud services, IT services, data centres and networking
• Develop and execute IT sourcing strategies and category roadmaps aligned to business objectives and risk appetite
• Negotiate complex commercial and contractual arrangements with technology vendors, ensuring optimal terms and appropriate risk controls
• Drive cost optimisation initiatives, identifying opportunities for savings, consolidation and operational efficiency
• Ensure compliance with internal procurement policies, group standards and regulatory requirements (including FCA, PRA, EBA and DORA)
• Partner with IT, Legal, Risk and Information Security teams on vendor due diligence, onboarding and governance
• Present detailed financial and commercial data clearly and effectively to a wide range of stakeholders
• Contribute to procurement governance forums and support the Chief Procurement Officer with committee materials and reporting
• Perform procurement-related controls, KRIs and conflict-of-interest processes as required