Sourcing Manager, Belfast

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 Management Manage 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 Support Support 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 & Leadership Provide 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 Management Identify, manage, and escalate procurement risks as appropriate. Recommend tools, methodologies, and best practices to strengthen procurement effectiveness. Experience & Competencies Essential Degree 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 ManagementDesired Professional 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 & Level Professional / 5 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 Connecting clients, communities and colleagues for sustainable growth TP ICAP connects people, platforms, ideas, and insight across the world's financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities. Work with us Joining TP ICAP puts you at the heart of markets that matter.You'll have the freedom to innovate and act on your initiative. We'll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that's there to set you up for success.TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group.Connections are at the heart of what we do. We combine our people's know-how with the latest technology to improve price discovery, trade execution and liquidity flow.Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth.And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It's what makes TP ICAP a mainstay in the global markets, now and in the future.TP ICAP. We connect.