Role Summary

Delivers sourcing activity, independently leading a portion of the low- to medium-value sourcing activities and deployment of the supplier relationship management programme to support the Category Lead and Category Managers in delivering a best-in-class procurement service and resolving any quality issues within the supplier base.

Role Responsibilities & Key Accountabilities

• Independently leads sourcing and negotiation for low- to medium-spend agreements and contributes to the development of sourcing strategies.
• Manages commercial relationships with non-strategic suppliers, ensuring the business receives the highest level of service and quality.
• Engages with key stakeholders across the business and key functions, such as Legal, Finance and HR, to progress queries and obtain key information in line with agreed processes and procedures.
• Provides assistance to the business and suppliers across the end-to-end sourcing process, advising on policies, procedures and best practice, and assisting with dispute resolution.
• Challenges processes and procedures to identify and implement valid improvements.
• Maintains up-to-date knowledge of procurement process and policy developments that impact LSEG and its stakeholders, as well as procurement systems and tools, ensuring the accuracy of procurement data.

Candidate Profile

Essential

• Good experience in buying / procurement (IT Professional Services e.g., developers, testers, system implementors, business analysts, etc.)
• Commercially minded and proficient negotiator
• Strong communication skills (written and verbal)
• Ability to create positive relationships with suppliers
• Experience in market and category analysis
• Ability to assess, prioritise workload and meet agreed target dates
• Strong IT skills (Office programs: Excel, Teams, SharePoint, PowerPoint, Outlook; Procurement systems desirable: Ariba, Fieldglass)
• Ability to provide management information to assist sourcing and contract management process
• Proven track record in building relationships, influence and act as an authority across the organisation up to senior management level
• General analytical, problem solving, and decision-making skills
• Pro-active behaviour that demonstrates initiative and positive work ethic to ensure activities are delivered to the required time, budget and quality
• Maximise opportunities, i.e. challenges ways of working, adopts Group practices, seeks and provides information and clarification
• Teamwork - ability to work with other category teams, both a local and an off-shore to deliver services to our customers
• Educated to degree level

Desirable

• Procurement / supply operation qualification, e.g. MCIPS or IACCM, or working towards the qualification.
• Knowledge of Agile SOW construction, SLAs and outcome-based contracting
• Experience working with suppliers such as EPAM, TCS, Cognizant, Wipro, Synechron, and DXC is very beneficial
• Previous company experience: FinTech's, Global, multi-country organisations preferred
• Some experience in e-sourcing & e-auctions

About Group Procurement

Group Procurement at LSEG manages third-party supplier engagements, partnering with the business to deliver high performance and sustainable value. We view our suppliers as strategic partners and sources of competitive advantage, not merely cost centres. Our operating model is built around business partnering and supplier relationship management (SRM), aligned to stakeholder groups and spend categories, enabling early engagement and data-driven decision-making.

With a global supplier base of approximately 5,000 and annual spend of £2 billion, the team is structured into three core towers: Technology, Services and Corporate, supported by a Strategy & Performance Centre and a Third Party Risk Management (TPRM) team. Key hubs are located in London, Bangalore and New York, with decentralised support across Europe and Asia.

ABOUT US:

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a dedication to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It's how we've contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years. Through a comprehensive suite of trusted financial market infrastructure services - and our open-access model - we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.

LSEG is headquartered in the United Kingdom, with significant operations in 65 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG's ticker symbol is LSEG.

OUR PEOPLE:

People are at the heart of what we do and drive the success of our business. Our values of Integrity, Partnership, Excellence and Change shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.

We know that real personal growth cannot be achieved by simply climbing a career ladder - which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise. As a global organisation spanning 65 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.

Career Stage:
Senior Associate

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject .

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.