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VP, Head of Procurement
DEPARTMENT: Procurement
REPORTING TO: CAO
OFFICE LOCATION: London
ROLE TYPE: Hybrid, Full-time
IPC is a global fintech company that puts people at the center of innovation. With a strong global footprint, we empower financial institutions and capital markets with advanced cloud-based trading communications and managed connectivity solutions. Through our portfolio of communications and connectivity solutions, we focus on solving business challenges and adapting to regulatory changes in the fast-paced global financial markets. This enables our clients to maintain consistent market access, a strong competitive advantage, and enhanced operational efficiency. Join a team that is dedicated to delivering groundbreaking products and making a significant impact on our clients' success.
Role Overview:
The VP, Head of Procurement is responsible for developing and executing the organization’s global procurement strategy to ensure cost efficiency, quality, compliance, and sustainability across all sourcing activities. This role oversees supplier relationships, negotiates major contracts, and drives innovation in procurement processes to support business objectives.
How You Will Make an Impact:
Strategic Leadership
- Define and implement a global procurement strategy aligned with IPC’s Objectives and Goals. In particular focusing on SaaS
- Drive cost optimization, risk management, and supplier performance improvement.
- Establish procurement policies, governance frameworks, and compliance standards.
Supplier & Contract Management
- Build and maintain strong relationships with key suppliers and partners.
- Negotiate high-value contracts ensuring favourable terms and risk mitigation.
- Monitor supplier performance and implement corrective actions when needed.
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Operational Excellence
- Lead procurement transformation initiatives, including digital tools and automation, with particular focus on AI innovation.
- Ensure timely and cost-effective sourcing of goods and services.
- Oversee category management and spend analysis to identify savings opportunities.
- Review of offshoring spend
Risk & Compliance
- Ensure adherence to regulatory requirements and ethical sourcing practices.
- Develop contingency plans for supply chain disruptions and geopolitical risks in partnership with IPC’s Risk team.
Team Leadership
- Manage and develop a high-performing procurement team.
- Foster a culture of collaboration, innovation, and continuous improvement.
Essential Skills and Experience to be Successful in this Role:
- 10+ years of progressive experience in procurement or supply chain, with at least 5 years in a senior leadership role.
- Proven track record in global sourcing, contract negotiation, and supplier management.
- Strong knowledge of procurement technologies and digital transformation.
- Excellent leadership, communication, and stakeholder management skills.
- Ability to manage complex, multi-country procurement operations.
Desired Skills and Experience:
- Familiarity with ESG principles and sustainable procurement practices.
- Previous roles within a SaaS based company
What’s in It for You?
At IPC, your compensation is only part of the package. We are committed to investing in a range of programs and initiatives to improve the overall experience of our employees. In addition to a collaborative, high-performing team environment, we’re pleased to offer benefits including:
- Competitive Base Salaries
- Private Medical Insurance, Dental Insurance and Optical Reimbursement
- Salary Sacrifice Pension Scheme
- 25 Holidays per Year Plus Public Holidays
- Additional Time off for Charity Work and Volunteering
- Tuition Reimbursement
- Certification Bonus Program
- Access to “IPC University” our Internal E-Learning Platform
- Enhanced Parental Leave
- Wellness Program
- Fitness Membership
- Cycle to Work Scheme
- Season Ticket Loan
- Employee Referral Scheme
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Further information about your benefits will be provided during your onboarding process.
Additional Information:
At IPC, we believe that hybrid working creates an inclusive, flexible environment where employees can perform at their best, and teams can collaborate, innovate, and celebrate successes together. We spend around 60% of our time in the office and around 40% of our time working remotely. Some employees may be required to work from the office or client sites more than 60% of the time, if required by their role and/or client needs. Your precise work schedule will be determined by you and your Line Manager before commencement of employment with IPC.
You can explore more about our culture, offerings and commitment on www.ipc.com/careers/ and www.ipc.com/about-us/about-ipc/.
IPC’s Work Culture:
The IPC work culture is one that fosters inclusion, prioritizes innovation, and maximizes potential. We are a global ecosystem, full of diverse people that together made IPC what it is today. Our strength as an organization is the sum of our different backgrounds, perspectives, skills and geographies; supported by an ironclad commitment to constructive dialogue and open-mindedness. We live and breathe our commitment to innovation by embracing bold ideas, seizing new opportunities, and striving for excellence. Our people have continued to deliver ground-breaking solutions to our clients for over 50 years.
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