Proud to share LSEG in the India is Great Place to Work certified (Jun ’25 – Jun ’26).

Learn more about life and purpose of our company directly from India colleagues’ video: Bengaluru, India | Where We Work | LSEG

ABOUT US:

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, lead risk and create jobs. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years.

Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.

LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.

OUR PEOPLE:

People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential.

We adopt diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage collaboration, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.

We know that real personal growth cannot be achieved by simply climbing a career ladder – which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise.

As a global organisation spanning 70 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with significant careers.

ROLE PROFILE:

Group Procurement is responsible for leading third-party supplier engagements, partnering with the business to drive high performance and sustainable value from our supplier relationships. We aim to make LSEG easier and more attractive to do business with and we consider our suppliers as a source of competitive advantage and not just about cost.

We operate a business partnering and supplier relationship management (SRM) model, aligned to partner groups and spend categories, ensuring value through early and strategic engagement and insightful vendor spend analytics.

SOME KEY CHARACTERISTICS OF THE NEW GROUP PROCUREMENT ORGANISATION:

• Suppliers spend c £2BN and c. 5,000 suppliers
• Team structured around three towers aligned to the master categories of spend (Technology, Services and Corporate), focused on category management, sourcing, SRM and business collaboration
• A Strategy & Performance centre, enabling function to drive and implement the strategy of the Group Procurement function, best in class procurement policy and processes
• A Third Party Risk Management (TPRM) is responsible for operationalizing the process to enable LSEG businesses to exercise robust management of risks associated with internal and external third party suppliers
• A SRM team is responsible for strategic partnership with key suppliers, and the SRM Framework
• Key hubs for the category teams in London, Bangalore and New York with a small amount of decentralised activity to support local markets which are in various global locations including Europe and Asia

The purpose of this role is to support the Category Director and Category Managers with the delivery of the category strategy and deployment of the SRM program, ensure quality issues are resolved with the supply base and supervise the PR/PO pipeline.

This role sits within Shared Services under Strategy & Performance with a strong functional reporting line to the Category Director for Cyber, Digital Operations and End User Services categories.

The role will perform a combination of sourcing, supplier management and business partnering activities, with an emphasis on sourcing

Although primary aligned to one of the above categories initially, this role may be required to support other categories within Technology and potentially support across Group Procurement.

KEY INTERFACES:

• With line management
• Category Directors, Category Managers and other buyers
• Group Procurement Centre of Excellence and Shared Services teams
• Business: supplier business owners and budget holders
• Finance Business Partners
• Legal
• Governance touchpoints (Architecture, Cyber, Compliance)
• Key partnering functions within Technology (e.g. Infrastructure, Business Unit Tech organisations)

ENTER THE KEY RESPONSIBILITIES OF THE ROLE:

Must have:

• Candidate should know to negotiate Software Licensing agreements (SaaS)
• Technology Hardware (e.g. Servers, Routers, Switches, Mainframes, Storage, Telecom etc)
• Should have worked on Mid and big deals (led spend)
• Should have experience in handling global requirements (both in H/W and S/W)
• Contribute to the development of basic sourcing strategies, including identifying risks, key outputs and results.
• Lead sourcing and negotiation for low to medium spend new agreements or renewals within own scope and calling out those that are not, analysing financial and commercial structure, engaging Legal as required and ensuring correct terms and conditions are applied
• Engage partners to ensure renewal is required and scale is accurate
• Engage the appropriate business partner or vendor manager to get PO raised
• Support Category Directors or Category Managers with SRM activities, lead allocated supplier relationships
• Support sourcing activities across the wider team (Category Directors or Category Managers in other categories), as required depending on workload
• Lead the PR/PO or equivalent experience pipeline for the assigned Category of spend
• Review pipeline and Purchase Requisition queue and liaise with the Category Director and relevant Category Managers
• Ensure purchase requests meet required standards - i.e. approval process has been followed, a fully signed LSEG standard contract and statement of work (if applicable) is in place, due diligence has been completed appropriately on new suppliers
• Ensure Category managers are kept advised
• Pay attention on market and industry developments. Able to make recommendations on alternate sources of supply to advise specifications

STAKEHOLDER ENGAGEMENT

• Engage with key partners across the business and key functions such as Legal, Finance and HR to progress queries and act as a point of procurement contact, with support from the Category Director and other Category Managers

• Engage with budget-owners to obtain key information and explain procurement processes in line with agreed process and procedures. Deal with partner queries calling out as appropriate
• Engage with key functions to obtain information and complete vital actions such as inherent risk questionnaire to understand supplier risk classification

MANAGING BAU

• Information technology
• Maintain Procurement systems and tools (e.g. pipeline management tool, savings tracker, supplier and contract databases, Category spend metrics)
• Ensure that purchasing, pricing and supplier master data is kept up to date on the relevant IT systems so as to maintain procurement and planning efficiencies
• Assess the valuable by IT systems to resources employed (e.g. assess benefits of new sourcing solutions), support the design, implementation and management of procurement systems
• Contract management
• Ensure that relevant contracts are in place for key suppliers as assigned and supported by the Category Director.
• Supervise contract performance and be able to identify when corrective action is needed
• Identify where it is necessary to vary a contract to deliver continuous improvement, draft robust variations and ensure proper approvals are sought
• Provide assistance to the business and suppliers across the end to end sourcing process, i.e. reviewing purchase orders, facilitating exceptions such as payment difficulties and ensuring timely delivery of goods and services, ensuring an excellent service is provided from within Group Procurement and other key partners. Increase when appropriate
• Actively promote continuous improvement by challenging process and procedure to identify and implement valid improvements

ENTER THE ESSENTIAL EXPERIENCE AND SKILLS REQUIRED:

• Significant experience in buying / procurement
• Commercially minded and proficient negotiator
• Ability to liaise with and handle suppliers
• Experience in market and category analysis
• Ability to assess, prioritise workload and meet deadlines
• Strong IT skills (Office programs especially, Procurement systems desirable), ability to provide management information to assist sourcing and contract management process
• Ability to establish links, influence and act as a guide across the organisation up to senior management level
• General analytical, problem solving, and decision-making skills
• Pro-active behaviour that demonstrates initiative and positive work ethic to ensure activities are delivered to the required time, budget and quality
• Maximise opportunities, i.e. challenges ways of working, adopts Group practices, seeks and provides information and clarification
• Collaboration - ability to work with other category teams, both a local and an off-shore to deliver services to partners
• Strong communication skills (written and verbal)
• Educated to degree level
• Experience or familiarity with one or more of the following technology Procurement categories:
• Software Licensing agreements and software renewals
• Cloud Agreements
• Cyber Security Software Purchases

DESIRABLE

• Procurement / supply operation qualification, e.g. MCIPS or IAACM, or working towards the qualification

• Experience of procurement in a Financial Services Regulated Environment, Information Services Companies; FinTech; Global, multi-country organisations preferred

LSEG PURPOSE AND VALUES

Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth. Underpinning our purpose, our values of Integrity, Partnership, Excellence and Change set the standard for everything we do, every day. They guide the way we interact with each other, the partners we work with and our customers. Delivering on our purpose and living up to our values is a responsibility that we all share.

To achieve our ambitions through a strong culture, People Leaders need to role model our Values and create the culture for everyone at LSEG to be at their best.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

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carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject

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If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.