Technology Procurement Specialist

Posted 5 Days Ago
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2 Locations
In-Office or Remote
Senior level
Analytics • Financial Services
Entrepreneurial thinking. Private banking.
The Role
Manage end-to-end procurement and strategic sourcing for IT, Digital, and Information Security categories across an international banking group. Lead RFPs, negotiations, supplier selection, contracts, purchase orders, spend analysis, budgeting, risk mitigation, and supplier performance management. Partner with Technology, Finance, Legal, Risk, Compliance, and Operations stakeholders to ensure compliant, cost-effective purchasing. Drive procurement process standardization, continuous improvement, data visibility, and adoption of AI-enabled procurement tools.
Summary Generated by Built In

General Info
Department: Group Procurement – Technology Categories
Work time Percentage: 100%
Location: Lugano

Our Company

EFG International is a global private banking group, offering private banking and asset management services. We serve clients in over 40 locations worldwide. EFG International offers a stimulating and dynamic work environment and strives to be an employer of choice. EFG is committed to providing an equitable and inclusive working environment that is founded on the principle of mutual respect. Joining our team means experiencing a supportive environment, where your contributions are valued and recognised. We strongly believe that the diversity of our teams gives us a competitive advantage by fostering better decision-making and greater innovation.


Our Purpose and Mission

Empowering entrepreneurial minds to create value – today and for the future. We are a private bank, offering personalised solutions on a global scale to private and institutional clients. Our sustainable success is based on our talents and on how we partner with our clients and communities to create lasting value.


Job Description – Technology Procurement Specialist 

As a Technology Procurement Specialist, you will manage end-to-end procurement activities for Technology categories (IT, Digital and Information Security) across the EFG Group, ensuring cost-effective, compliant and timely sourcing of goods, services and solutions that underpin our core banking operations.

Operating as an experienced individual contributor, you will independently lead complex sourcing initiatives from needs identification through to contract execution, advising Technology and corporate stakeholders on procurement strategy and best practice. You will play a key role in optimising total cost of ownership, mitigating supplier risk and promoting standardised procurement processes, regulations and tools across jurisdictions.

In this role, you will contribute to the short- to medium-term performance of the Group Procurement function by driving continuous improvement, enhancing spend visibility and supporting the adoption of data-driven and AI-enabled procurement practices.


Key Responsibilities

  • Lead end-to-end sourcing and negotiation for Technology categories (IT, Digital, Information Security) at group level, securing competitive pricing, service levels and contractual conditions in line with approved budgets and risk appetite.

  • Manage the full procurement lifecycle for Technology goods and services, from needs identification and specification definition with Technology stakeholders through to contract signature and purchase order creation, ensuring compliance with group procurement policies and delegated authorities.

  • Translate business requirements into sourcing strategies, working closely with IT, Digital and Information Security teams to identify purchasing needs, define technical and commercial criteria, and recommend preferred suppliers based on price, quality, delivery capacity and ethical/environmental standards.

  • Use data analytics to assess spend patterns, supplier performance and market trends, identifying cost reduction, value optimisation and risk mitigation opportunities, and supporting budget planning and savings tracking for Technology procurement.

  • Collaborate with key control and support functions (Technology, Finance, Legal, Risk, Compliance and Operations) to manage inventory, reconcile invoices, resolve discrepancies and verify delivery against specifications, escalating material risks or deviations where required.

  • Promote and standardise procurement processes, regulations and tools across the EFG Group, supporting stakeholder change management and contributing to process optimisation and continuous improvement initiatives.

  • Advise stakeholders on procurement best practices, group policies and Technology supplier markets, acting as a trusted partner to senior Technology and corporate stakeholders in an international environment.

  • Contribute to Technology procurement projects and initiatives, including category strategies, implementation of new tools and continuous improvement programmes, with a particular focus on integrating artificial intelligence tools into procurement workflows in line with group standards and risk guidelines.

Requirements and Qualifications

Education

  • Minimum: Bachelor’s degree in Business Administration or an equivalent field.

  • Preferred: Further education in Procurement, Supply Chain Management, Finance or Technology-related disciplines.

Professional Experience

  • Minimum of 7 years of proven experience in operational and strategic procurement in the Technology area (IT, Digital, Information Security), gained within a Procurement department, preferably in banking and an international environment.

  • Demonstrated experience managing end-to-end RFP processes, including tenders, bid comparisons and supplier selection for Technology categories.

  • Experience working with cross-functional stakeholders such as Technology, Finance, Legal, Risk, Compliance and Operations in a complex, multi-jurisdictional organisation.

Technical / Functional Knowledge

  • Strong expertise in Technology procurement, including sourcing of IT, Digital and Information Security goods and services and understanding of related supplier markets.

  • Strong negotiation and communication skills, with the ability to secure favourable commercial terms while aligning with governance and risk requirements.

  • Solid analytical skills, including spend analysis, market assessment and data-driven procurement decision-making.

  • Financial acumen, including budgeting, total cost of ownership and pricing structures for Technology products and services.

  • Robust background in RFP processes (tenders, bid comparisons, supplier selection) in line with internal governance.

  • Openness to artificial intelligence tools and willingness to integrate them into procurement workflows in line with group standards.

Languages

  • Fluency in English, spoken and written, is required.

  • Preferred: fluency in at least one Swiss national language.

Competencies / Behaviours

  • Ability to build strong relationships and collaborate effectively with Technology stakeholders and corporate functions in an international environment.

  • Capacity to deliver results under pressure, prioritise workload and manage competing demands in a changing environment.

  • Proactive, reliable and detail-oriented working style, with high accuracy in documentation and data.

  • Sound judgment in balancing cost, quality, risk and compliance considerations.

  • Adaptable communication style, able to engage Technology experts, Finance, Legal and suppliers to achieve alignment and agreement.

Our Values

  • Accountability: Taking ownership for tasks and challenges, as well as seeking continuous improvement

  • Hands-on: Being proactive to rapidly deliver high-quality results

  • Passionate: Being committed and striving for excellence

  • Solution-driven: Focusing on client outcomes and treating clients fairly with a risk-aware mindset

  • Partnership-oriented: Promoting collaboration and teamwork. Working together with an entrepreneurial spirit.

Skills Required

  • Bachelor's degree in Business Administration or an equivalent field
  • At least 7 years of operational and strategic procurement experience in Technology, including IT, Digital, or Information Security
  • Experience managing end-to-end RFP processes, tenders, bid comparisons, and supplier selection for Technology categories
  • Experience collaborating with Technology, Finance, Legal, Risk, Compliance, and Operations stakeholders in a complex, multi-jurisdictional organization
  • Strong expertise in Technology procurement and related supplier markets
  • Strong negotiation and communication skills
  • Solid analytical skills in spend analysis, market assessment, and data-driven procurement decision-making
  • Financial acumen covering budgeting, total cost of ownership, and pricing structures
  • Robust background in RFP processes aligned with internal governance
  • Fluency in spoken and written English
  • Further education in Procurement, Supply Chain Management, Finance, or Technology-related disciplines
  • Procurement experience gained in banking and an international environment
  • Fluency in at least one Swiss national language

EFG International Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about EFG International and has not been reviewed or approved by EFG International.

  • Fair & Transparent Compensation — Pay is sometimes characterized as fair for the role, suggesting baseline alignment between responsibilities and fixed remuneration. Annual salary reviews benchmarked to performance and market data further reinforce a structured approach to setting pay.
  • Healthcare Strength — Benefits such as health insurance are described as good and comparable to typical market offerings. This consistency in core coverage appears to be a stabilizing part of the overall package.
  • Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle offerings include items like free flu vaccines, free gym classes, and hybrid working arrangements. These add non-cash value that can improve the perceived total rewards experience.

EFG International Insights

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The Company
HQ: Zürich, Zürich
1,840 Employees
Year Founded: 1980

What We Do

EFG International is a global private banking group offering private banking and asset management services and is headquartered in Zurich. Its registered shares (EFGN) are listed on the SIX Swiss Exchange. As a leading Swiss private bank, EFG International has a presence in major financial centres and growth markets, operating in around 40 locations worldwide, with a network spanning Europe, Asia Pacific, the Americas and the Middle East. As one of the best-capitalised Swiss private banks, EFG International is a financial partner that offers the security and solidity needed to provide clients with effective support. An entrepreneurial spirit has shaped the bank since its inception, enabling it to develop hands-on solutions and to build long-lasting client relationships. In other words: Entrepreneurial thinking. Private banking.

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