Job Description

The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.
Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

Role Overview

The Sourcing Office is responsible for managing end-to-end sourcing activities, including new supplier selection, contract renewals, renegotiations, and execution of sourcing processes (RFI, RFP, RFQ). The team leads all sourcing activities for contracts valued below 250,000 annually.
The Sourcing Manager will manage and execute sourcing processes across assigned services. This may include responsibility for a specific sourcing category (e.g., Technology, Non-Technology) or span multiple categories simultaneously. The role requires close collaboration with Category Management and Commercial Contract Management teams to execute category strategies and supplier initiatives. In addition, the Sourcing Manager will support the broader Procurement Efficiency Office on Third Party Risk Management, Supplier Onboarding, and Procure-to-Pay processes when required.

Role Responsibilities
Sourcing ManagementManage the end-to-end sourcing process for goods/services valued under 250k. Partner with business stakeholders to assess requirements for new, renewal, or extension of services. Prepare and issue RFI, RFP, and Best and Final Offer documentation. Develop tender evaluation frameworks and align with category managers and stakeholders. Analyse commercial bids, prepare reports, and coordinate technical/performance evaluations with service owners. Develop and execute negotiation strategies to optimise commercial value. Support stakeholders and Legal in finalising contracts, ensuring alignment with tender outcomes. Maintain accurate savings data in the Procurement tracker. Drive spend consolidation through preferred suppliers or framework agreements. Actively support Category Management in sourcing projects impacting multiple business functions. Ensure compliance with Procurement policy and procedures while driving category sourcing strategies. Collaborate with Compliance, Legal, Finance, Risk, and other teams to mitigate third-party risks. Contribute to procurement transformation, innovation, and continuous improvement initiatives.


Procurement SupportSupport Third Party Risk Management in supplier onboarding and due diligence assessments. Assist with onboarding suppliers into financial systems and due diligence platforms. Provide reporting and contract analysis support to business analytics and MI teams. Abstract contract data and ensure accurate metadata storage in central repositories. Assist the Contract Management team in supplier relationship management, performance reviews, and issue resolution. Identify opportunities to improve procurement systems and processes.


Communication & LeadershipProvide clear and timely updates to stakeholders throughout procurement processes. Prepare and deliver reports on procurement and outsourcing arrangements for committees or boards.


Change, Risk & Issue ManagementIdentify, manage, and escalate procurement risks as appropriate. Recommend tools, methodologies, and best practices to strengthen procurement effectiveness.


Experience & Competencies
EssentialDegree educated or equivalent significant experience in supply chain or procurement. Proven experience in contract management and commercial negotiations. Strong understanding of purchase order and invoice approval processes. Experience with contract management platforms (e.g., ServiceNow, Ariba). Strong Microsoft Office skills, especially Excel. Technical knowledge in at least one key procurement area: Contract management / Contract negotiations (MCIPS or equivalent) / Third Party Risk Management


DesiredProfessional procurement qualification (e.g., MCIPS or equivalent). Experience working in financial services or other regulated industries. Exposure to category management across technology and non-technology services. Strong analytical skills with experience in procurement data analysis and reporting. Experience supporting procurement transformation or continuous improvement projects.


Band & LevelProfessional / 5

#LI-ASO #LI-Hybrid
Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location
UK - City Quays - Belfast