Assistant Manager, Procurement Shared Services LSEG (London Stock Exchange Group)

5.0 - 9.0 years

0 Lacs

karnataka

On-site

The Group Procurement team at LSEG is undergoing a transformation to combine and enhance the procurement functions into a single, exceptional Group Procurement Team. With a focus on commercial management of third-party suppliers, the team is dedicated to providing the necessary skills to drive company projects and make LSEG more appealing to do business with. The team considers suppliers as a source of competitive advantage rather than just a cost. The new Group Procurement organization manages a supplier spend of approximately 2.2BN across around 5,000 suppliers. Aligned with master categories of spend such as Technology, Services, and Corporate, the team concentrates on category management, sourcing, supplier relationship management, and business partnerships. Additionally, there is a Strategy & Performance centre that facilitates the implementation of best-in-class procurement policies and processes to drive the overall strategy of the Group Procurement function. The Services team within the Group Procurement organization is responsible for the commercial aspects of Technology Services, including IT and Business Outsourcing, Contingent Labour, and Strategic Consulting. By partnering with business customers, the team provides flexible options to support the delivery of short- and long-term strategic objectives at LSEG. The role within the Services team involves implementing strategies under the guidance of Category Leads/Directors and Managers, focusing on sourcing, supplier management, and business engagement activities. Responsibilities include leading sourcing and negotiation activities, managing supplier relationships, monitoring purchase requests, and ensuring compliance with procurement processes. Moreover, the role entails engaging with key partners across various functions within LSEG, maintaining procurement systems and tools, and supporting contract management activities. The ideal candidate for this role should possess good experience in procurement, strong negotiation skills, effective communication abilities, and a proactive approach to work. Additionally, candidates should have a strong IT skill set, analytical capabilities, and the ability to build relationships and collaborate effectively within a team environment. Educational qualifications to a degree level are required, along with desirable certifications in procurement operations and knowledge of Agile SOW construction. Joining LSEG means becoming a part of a global organization dedicated to driving financial stability, empowering economies, and fostering sustainable growth. The company values integrity, partnership, excellence, and change, which serve as the foundation of its culture. Working at LSEG offers the opportunity to contribute to a diverse and inclusive workforce, collaborate in a creative environment, and play a vital role in re-engineering the financial ecosystem to support sustainable economic growth.,

Posted 5 days ago

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