itecopeople
Contracts Manager / Procurement Expert – Financial Services
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Contracts Manager / Procurement Expert - Financial Services
Location: London - Hybrid
Contract: Initial 3 months
Rate: £550 per day - Outside IR35
Start: Mid to late September
Working pattern: Full-time, initially 2 days per week onsite in London
We are looking for an experienced Contracts Manager / Procurement Expert with a strong background in IT Outsourcing within Financial Services to support a major banking client as an existing outsourcing agreement moves into a pre-deal / renewal phase.
This is a hands-on advisory and analytical role requiring someone who understands what makes a good outsourcing deal commercially and contractually. You will assess the existing agreement, identify strengths, weaknesses and opportunities, and help define what the deal should look like as it moves into its next phase.
Key Responsibilities
- Review and evaluate an existing major IT outsourcing agreement.
- Provide commercial, contractual and procurement analysis to determine whether the current arrangement represents a strong deal for the client.
- Identify opportunities for improvement ahead of the next deal phase.
- Advise on appropriate commercial structures, contractual terms, risks and procurement considerations.
- Support the client in defining what a strong future-state agreement should look like.
- Work with relevant stakeholders across procurement, commercial, technology and the wider business.
- Provide insight and challenge based on previous experience of complex, high-value IT outsourcing arrangements.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Experience Required
You will need a proven track record as a Contracts Manager, Commercial Manager or Procurement Specialist, ideally within banking or wider financial services.
Essential experience includes:
- Strong Financial Services / Banking experience.
- Significant experience in IT outsourcing contracts and procurement.
- Proven experience working with contracts valued at £5m+.
- Strong commercial and contractual analysis skills.
- Experience assessing existing agreements and shaping future deal structures.
- A strong understanding of what constitutes a commercially effective outsourcing deal.
- Experience with Application Development and Maintenance (ADM) outsourcing arrangements.
- Some exposure to IT infrastructure outsourcing would be beneficial.
- Ability to engage confidently with senior stakeholders and provide independent commercial challenge.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
This is an excellent opportunity for an experienced IT contracts and procurement professional to play an influential role in shaping the next phase of a significant outsourcing arrangement within a major financial services environment.
Rate: £550 per day, Outside IR35 | Initial 3-month contract | London hybrid
Send your CV to sdunscombe@itecopeople.co.uk to progress matters initially.
Services Advertised are those of an Employment Business
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Location