Working hours: 35 hours per week, Monday to Friday Duration: Permanent Location: Gloucester Job Ref: 204835 About the role Benefact Group are looking for a Group Procurement IT Specialist to join our Gloucester office. As a Group Procurement IT Specialist, you will lead effective supplier and contract management that supports strategic procurement, drives cost efficiency, and ensures compliance with regulatory and risk requirements. Why join us? Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK's 15 Best Big Companies to Work For in 2025, we offer fantastic career and development opportunities within a rapidly growing, innovative Group — where all profits go to charity and good causes. What you'll be doing Supplier and Contract Oversight: Manage stakeholder relationships, leading supplier selection and monitoring, and ensure contract accuracy and completeness. Strategic Procurement and Tendering: Lead tender processes, coordinate supplier responses, and manage contract drafting and due diligence. Cost Optimisation and Budgeting: Identify cost-saving opportunities, support budget holders with expense planning, and track savings through contract management plans. Risk and Compliance Management: Assess contract risks, monitor supplier credit ratings, and ensure adherence to the Supplier Relationship Management (SRM) Framework and regulatory reporting. Regulatory Requirements: Ensure critical third parties are identified and have completed the SRM Framework to the regulatory requirements. Horizon scanning to ensure future regulations are scoped and planned into future supplier management activities. What you'll need to have IT Procurement experience (including transitioning to cloud services and IT managed support contracts) Strong negotiation skills utilised with suppliers to drive the best value out of contracts. Proven ability to identify risks to the group and in-depth knowledge of the due diligence process to mitigate these. Confident in managing stakeholders at all levels and providing appropriate challenge. Proven ability to lead tender processes within IT services, managing stakeholders’ expectations and meeting requirements. Comprehensive knowledge and experience in the various regulations required for critical / important contracts, including PRA SS2/21 Material Outsourcing and Third Party Risk Mgt, PRA SS1/21 Operational Resilience, FCA Rulebook, EIOPA DORA, CBI Guidance on Outsourcing and EBA Outsourcing to Cloud What we offer A competitive salary - let's discuss it Hybrid working Group Personal Pension - up to 12% employer contribution Generous annual bonus scheme: on-target bonus between 7.5% and 30% 28 days annual leave plus bank holidays, and a holiday buy and sell scheme An array of health and wellbeing benefits, including private healthcare, income protection and life assurance £200 annual personal grant to a charity of your choice Encouraged to take at least one volunteering day per year Employee Assistance Programme Full study support to gain professional qualifications Access to virtual GP Enhanced maternity and paternity pay Hear from the hiring manager " A great opportunity to make a difference within the IT Procurement space across the Group, leading on exciting technology procurement tenders and ensuring best value ." About us Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size. We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better. At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone. If you need any additional support during the recruitment process, then please let us know. *Directory of Social Change’s UK Guides to Company Giving 2017-26