IT Procurement Cloud VP

The role:

The candidate will be responsible in supporting the execution of Procurement tasks for a large-scale project within our EMEA region.

Responsibilities:

• IT supplier vendor selection and commercial negotiations
• IT supplier contract finalisation in partnership with legal
• Develop IT supplier consolidation towards target preferred supplier list determination
• Analyse IT spend, identify cost saving opportunities to optimise cloud utilisation
• Ensure cloud and AI and other non-core third party contractual clauses are included in respective contacts and oversee any required remediation
• Support tracking of IT contract metrics including cost savings
• Develop oversight and governance for key IT suppliers
• Ensure optimisation of IT resources in particular Cloud services, AI and other IT strategic initiatives.
• Collaborate with Technical teams to implement best practices
• Act as a procurement business partner, build and maintain strong relationships and credibility with the business.
• Maintain and build strong mutual beneficial relationship with key strategic suppliers.
• Lead the delivery of sourcing projects and savings, including the responsibility for driving incremental IT savings through, and in partnership with external service providers.
• Work closely with the Legal Department to ensure contracts are finalised appropriately.
• Ensure category performance and project data (savings, pipeline, milestones, risks, issues, compliance) is accurate and report to line management and appropriate governance forums.

Requirements:

• Experience in IT Procurement, with a deep understanding of AI, Cloud platforms and SaaS.
• Expertise in IT cost optimisation.
• Proven track record of managing IT spend and negotiation of contracts with major AI, Cloud and SaaS vendors
• Initiative-taking and organised with excellent time management skills and the ability to prioritise workload to deliver within set time frames to the highest quality.
• Strong business awareness, researching, investigating and problem solving.
• Demonstrable experience in governance and spend control in the banking industry necessary.
• Strong analytical capabilities and critical thinking skills; ability to translate data into decision making.
• Familiarity with procurement tools