IT Sourcing Lead – Senior Associate
Division: Finance
Department: Procurement
1. Salary: National (Edinburgh and Leeds) ranging from £43,300 to and London from £46,400 to £54,100 (salary offered will be based on skills and experience)
2. This role is graded as: Senior Associate – Corporate
3. Your recruitment contact is Rumana Hussain via k. Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.
About the FCA and team
We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.
Finance & Corporate Services enables the FCA to deliver its strategy efficiently and securely by optimising resources, strengthening controls, and providing expert operational support.
Procurement sits within the Finance and Corporate Services Directorate and works with departments across the FCA to source goods and services (£300m annual spend) required from third parties. We are responsible for ensuring procurements deliver contracts to agreed time, budget, and quality, which are compliant with Public Procurement Regulations.
Role responsibilities
4. Responsible for developing and delivering sourcing and contracting strategies for complex, strategic categories and suppliers, ensuring best value and innovative solutions
5. Accountable for delivering complex sourcing activities, including RFx, supplier negotiations, and contracting, ensuring compliance with FCA policy, procurement regulations, and alignment with business strategy, while engaging across the FCA to support objectives and build a strong stakeholder network
6. Demonstrate through all sourcing activities and commercial negotiations knowledge of markets and sophisticated commercial acumen
7. Provide strategic insight into business needs over a 1–3 year horizon across categories, while engaging with stakeholders at all levels, attending project boards, and advising on commercial issues
8. Utilise and promote FCA procurement systems to deliver projects to standard, while collaborating with suppliers to develop innovative, market-leading solutions for the financial services sector
Skills required
Minimum:
9. Prior experience in working within a Procurement team with a public sector organisation
10. Proven experience delivering end-to-end procurement, from scoping requirements and planning to strategy development, negotiations, recommendations, and continuous improvement
11. Demonstrable experience in managing stakeholder relationships across all levels and collaborating with project teams
Essential:
12. Ability to implement category strategies and deliver 1–3 year plans aligned with FCA and business objectives
13. Experience of working within the Public Contracts Regulations and understanding of the Procurement Act 2023 and delivering procurements under various routes to market Find a Tender Service (FTS) and Framework procurement processes (Government and other Contracting Authority enabled)
14. Membership of the Chartered Institute of Purchasing and Supply (MCIPS) or equivalent World CC) or willingness to work towards qualification and Chartered status through CPD
15. Ability to leverage industry and competitor insight to drive innovation and value, delivering tenders and negotiating contracts that protect FCA interests
16. Strong interpersonal skills to communicate complex and sensitive information clearly and appropriately at all levels, both verbally and in writing
Benefits
17. 25 days annual leave plus bank holidays
18. Hybrid model with up to 60% remote work
19. Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
20. Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
21. 35 hours of paid volunteering annually
22. A flexible benefits scheme designed around your lifestyle
For a full list of our benefits, and our recruitment process as a whole visit our benefits page.
Our values and culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.
If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.
We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
Disability confident: our hiring approach
We’re proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes we may progress applicants whose experience most closely matches the role’s key requirements.
Useful information and timelines
Timeline:
23. Job Advert Close: 21st January 2026
24. CV Review/Shortlist: 23rd January 2026
25. Technical Assessment & Competency Interview: WC 2nd February 2026
26. Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.