Procurement Manager IT
Who we’re looking for
We are looking for a Procurement Manager (IT) to join our Group Procurement team. Group Procurement is the centre of excellence for active commercial management of all of Schroders’ supply chain, enabled by great people, disciplined cost management and seamless risk and compliance. Group Procurement sits within the COO Corporate Functions, supporting the wider business on all its third-party commercial activity. The team are made up of multiple disciplines across Market Data, Technology, Corporate Services, Third Party Risk and Operations. Located across London, Horsham, Singapore, and New York.
About Us
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.
The base
We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre and we have everything we need to work flexibly.
What you'll do
This role will provide procurement expertise across the group in order to maximise the long term value from all that Schroders procures. This will involve the identification and implementation of global procurement opportunities in a geographically dispersed environment with respect to supplier management, sourcing, systems, processes and reporting. The role will be based in London. The Procurement Manager would have a core focus on the IT category with the following responsibilities:
- Category management including strategic sourcing, contract, performance and risk management across a broad range of IT categories.
- Leading on Supplier Relationship Management (SRM) across the IT supply chain.
- Activity delivery across a spectrum of business areas to determine the appropriate approach to market, optimum commercial models and supplier relationships for a product/service.
- To work closely with internal business colleagues to understand their requirements, mapping these to the sourcing strategy in line with overall procurement strategy.
- To provide procurement services that deliver maximum commercial advantage to Schroders including selection and application of appropriate procurement processes for a particular product/service.
- Challenging and influencing business stakeholders where appropriate to ensure the best outcome for Schroders.
- To negotiate appropriate commercial and contractual arrangements with technology suppliers for all products/services.
- Champion continual improvement and procurement best practice within the global business.
- Reporting on procurement activities, including savings and benefits achieved to management.
- Demonstrable experience of successfully operating within a strategic procurement team.
- Notable level of IT category expertise including major outsourcing arrangements.
- Experience of standing up a supplier relationship management (SRM) framework.
- Flexible approach to work with an ability to adapt to change.
- Excellent levels of communication, able to influence and persuade others, whilst building strong working relationships.
- Track record of global/regional delivery across complex environments.
- Demonstrable experience of utilising and managing procurement systems and tools.
- Strong analytics experience in order to understand and interpret information bringing insight.
- Excellent organisation, presentation and problem solving skills.
- Strong negotiation skills.
- Excellent IT and numeracy skills.
The knowledge, experience and qualifications you need
The knowledge, experience and qualifications that’ll help
- CIPS qualified.
- Financial Services experience.
What you’ll be like
- Capable of remaining positive when under pressure.
- Friendly, approachable, enjoys working with people from a variety of backgrounds.
- Ability to work with minimal supervision in a dynamic and time critical environment.
- Continuous improvement mind-set, challenges the status quo and seeks self improvement.
- Earn respect from colleagues and willing to complete tasks at either end of the complexity spectrum.
We Recognise Potential, Whoever You Are
Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.
About Us
Skills Required
- Demonstrable experience operating within a strategic procurement team
- IT category expertise, including major outsourcing arrangements
- Experience establishing a supplier relationship management framework
- Experience delivering global or regional procurement initiatives in complex environments
- Experience using and managing procurement systems and tools
- Strong analytical skills to interpret information and generate insight
- Excellent communication, influencing, negotiation, organization, presentation, and problem-solving skills
- Excellent IT and numeracy skills
- Ability to work flexibly and adapt to change
- Ability to work with minimal supervision in a dynamic, time-critical environment
- CIPS qualification
- Financial services experience
Schroders Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Schroders and has not been reviewed or approved by Schroders.
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Retirement Support — Retirement plans are described as mature and competitive, with strong employer-supported schemes in the UK and a well-regarded 401(k) offering in the U.S. Pensions and retirement savings stand out as a distinctive strength within the total rewards package.
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Leave & Time Off Breadth — Time off and flexibility are emphasized, with generous annual leave in some markets and volunteer days highlighted in the UK. Flexible/hybrid working is presented as standard, supporting practical use of time-off benefits.
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Parental & Family Support — Parental leave is highlighted as a strength, including enhanced policies in the UK and an increased paid leave period in the U.S. Family-supportive provisions are positioned as part of a broader wellbeing focus.
Schroders Insights
What We Do
As a global investment manager, we help institutions, intermediaries and individuals across the planet meet their goals, fulfil their ambitions, and prepare for the future. But as the world changes, so do our clients’ needs. That’s why we have a long history of adapting to suit the times and keeping our focus on what matters most to our clients. Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for £773.7 billion (€912.6 billion/$978.1 billion)* of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 6,000+ people across six continents who focus on doing just this. We are a global business that’s managed locally. This allows us to always keep our clients’ needs at the heart of everything we do. For over two centuries and more than seven generations we’ve grown and developed our expertise in tandem with our clients’ needs and interests. Source: Schroders, all data as at 30 June 2024. Disclaimer: Investing in securities is subject to risk. The value of investments can go down as well as up and is not guaranteed. Schroders will not make direct contact with you, via any social media platform or direct messaging service, to sell our products. If you think you have been a victim of a scam or have received unsolicited contact using the Schroders name or any associated names, and have any concerns, then please contact our Financial Crime Team using the details below: Telephone: +44(0)20 7658 4004 Email: [email protected] Schroder Investment Management Limited (Head Office): 1 London Wall Place, London EC2Y 5AU Tel: +44 (0)20 7658 6000 Schroder Fund Advisors LLC, Member FINRA, SIPC (US): 875 Third Avenue, New York, NY, 10022 Tel: +1 (800) 730-2932








