Summary: The Sourcing Manager role focuses on managing complex IT sourcing projects for a major financial services client, requiring significant experience in negotiating software contracts. The position demands strong communication skills to engage with senior stakeholders and involves leading the end-to-end sourcing lifecycle. Candidates should have a proven track record in sourcing and be able to handle a diverse portfolio of contracts. The role is hybrid, requiring some in-office presence in specified UK cities.
Key Responsibilities:
- Lead the end-to-end sourcing lifecycle from initiation through RFI, RFP, negotiation, and contract execution.
- Manage complex, critical projects across various platforms including Economic Crime Prevention, Risk, Payments, Finance, and People.
- Negotiate complex software contracts with a strong understanding of SaaS agreements.
- Handle a diverse portfolio of medium to large contracts, including critical projects in the Fintech space.
- Engage and manage senior internal stakeholders up to executive levels.
Key Skills:
- Expertise in negotiating complex software contracts.
- Deep sourcing experience managing the full sourcing lifecycle.
- Strong communication skills for stakeholder engagement.
- Proven track record of success with significant deliverables.
- Ability to collaborate effectively in a diverse environment.
Salary (Rate): £650.00/daily
City: City Of London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: Senior
Industry: IT
Job Title: Sourcing Manager - Software
Rate: £600 - 650 per day Umbrella
Location: Hybrid role, requiring 40% in-office presence in either Bristol, Edinburgh, Halifax, Manchester, or Birmingham.
Duration: 6 months - with scope for extension
Start Date: ASAP
This is an urgent and high-profile contract opportunity supporting a major financial services client's IT Sourcing team. We are looking for highly experienced, seasoned Sourcing Professionals to manage complex, critical projects across platforms like Economic Crime Prevention (ECP), Risk, Payments, Finance, and People.
Key Deliverables Focus: Leading the end-to-end sourcing lifecycle-from initiation through RFI, RFP, negotiation, and contract execution.
Core Skill: Expertise in negotiating complex software contracts is a must-have, with a strong understanding of SaaS agreements.
Scope: You will handle a diverse portfolio, including medium ($\approx £5M$) to large (>$10M$) contracts, as well as critical, fast-paced projects in the Fintech space (e.g., new technologies, proof of concepts).
Stakeholders: Must be a strong communicator capable of engaging and managing senior internal stakeholders up to executive levels.
The hiring managers are seeking candidates who demonstrate:
- Deep Sourcing Experience: Evidence of managing the full sourcing lifecycle, not just supplier relationship management or work order processing.
- Longevity & Impact: A strong track record of success and demonstrable, significant deliverables. Short, volatile contract history may require additional justification.
- Cultural Fit: A personable team player who can collaborate effectively in a warm, diverse environment.
