Technology Procurement Manager
London, GB Madrid, ES
ABOUT US:
As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different - in what we do, in how we work and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
Find out more about life at Alter Domus at careers.alterdomus.com
Reporting to the Head of Technology Procurement, you will own Technology procurement for Alter Domus, managing a significant portion of our €90M annual spend across Software and SaaS, Cloud and Infrastructure, IT and Managed Services, Telecoms, Hardware and Data/Market Data. You will set and execute category sourcing strategies, drive commercial value, and strengthen vendor relationships across Alter Domus. Working closely with the wider Procurement team, Technology leadership and stakeholders across the business, you will improve margin, optimise cost structures and elevate procurement maturity across Technology procurement.
RESPONSIBILITIES:
Commercial Delivery
- Lead end to end sourcing activity including spend and market analysis, RFP preparation, bid assessment, supplier negotiation and contract support, including complex, multi-year technology tenders.
- Apply commercial acumen and negotiation skills to secure best total value and optimal total cost of ownership across licensing, subscription, consumption and managed service models.
- Be comfortable and efficient in applying leverage in commercial negotiations with global software, cloud and IT services vendors.
- Harness your expert knowledge of the technology supply market and the commercial models that exist – perpetual, subscription, consumption-based, outcome-based and blended resourcing – to ensure that Alter Domus has optimised commercial and vendor relationships.
- Comfortable dealing with ambiguity and the ability to make decisions with less than 100% data.
- Implement a robust set of KPIs and measurement practices to ensure best-in-class supplier agreements, interacting with strategic technology suppliers and partners to ensure any issues are identified and tackled fast, while building proactive and positive supplier relationships to enhance their performance for the firm.
- Ability to build categories and long-term strategic plans whilst also being able to deliver operationally. The role is a combination of strategic and operational.
- Lead all elements of spend management for your categories, including strategic understanding of the technology supply market place, pricing and term negotiations, renewal and true-up management, preparation and analysis of bid proposals/packages, supplier selection, negotiation and communication with users across Alter Domus and the functions.
Stakeholder Engagement
- Partner with key senior stakeholders across Technology, Risk, People, Finance, Legal and other global functions to understand requirements, influence and challenge demand, and deliver robust, transparent procurement processes.
- Partner across all global functions to develop and implement optimal strategic sourcing strategies, as well as with the wider business to drive margin improvements while increasing the sophistication of our sourcing and procurement practices.
- Build trusted, collaborative relationships across the organisation, acting as a knowledgeable and solutions-oriented business partner to Technology leadership in particular.
Operational & Process Excellence
- Contribute to the Procurement Transformation through adoption of new processes, tools, analytics and ways of working.
- Be comfortable with ambiguity whilst the Procurement Transformation is being implemented (Orchestration, CM, Spend Analytics and Market Intelligence).
- Maintain a strong understanding of the technology supply market and commercial models to support informed decision-making, and deliver a compliant procurement process with accurate savings tracking and financial forecasting.
- Support the development of procurement documentation, playbooks and best practices, and ensure effective contract management, supplier performance management and service level governance across the technology vendor base.
In addition you will need to:
- Promote and build Alter Domus' brand and culture both internally and externally, acting as an ambassador and role model to employees, clients, and customers and other external stakeholders.
- Support the development and engagement of employees at all levels, actively promoting the Employer Value Proposition within all regional teams and role modelling the Alter Domus values to our people, clients and customers.
- Foster a culture of continuous learning and development, encouraging employees to enhance their skills and knowledge.
- Drive a culture of compliance and risk control to mitigate financial, operational and reputational risks.
- Promote ethical business practices, enhancing the company's reputation and social impact and ensuring Alter Domus maintains the highest Environmental, Sustainability and Governance (ESG) standards.
PROFILE:
- 5-10 years’ experience in procurement roles, ideally within a financial services or professional services environment. However, attitude and ability to showcase delivery excellence is more important than industry knowledge.
- Strong knowledge of Technology – software and SaaS, cloud and infrastructure, IT and managed services, telecoms and data – with a solid grasp of technology licensing and commercial models.
- Solid understanding of Category Management and strategic procurement methodologies. More importantly, applying this knowledge in a fit for purpose manner.
- Strong analytical, commercial and negotiation capabilities, including experience negotiating IT and services contracts alongside Legal and Risk.
- Ability to balance strategic thinking with hands-on operational delivery.
- Confidence working with senior stakeholders and managing multiple priorities in a fast-moving environment.
- Excellent written and oral skills in English, with the ability to communicate credibly with internal and external stakeholders at all levels.
- Results and action oriented, with a demonstrated ability to implement and drive projects, processes and improvement in a multinational environment.
LEADERSHIP & BEHAVIOURAL COMPETENCIES
- Ability to remain calm and effective under pressure.
- Strong interpersonal skills, with the ability to influence, communicate clearly and build trust quickly.
- Comfortable navigating ambiguity and making informed decisions without full information.
- Commitment to ethical practice and high‑quality outcomes.
- High levels of energy, curiosity and ownership.
- You will demonstrate superior business insight and commercial acumen combined with strong technical expertise, analytical problem-solving skills.
- You will have an intellectual curiosity and a global mind-set, allowing you to partner effectively across teams and beyond with agility and flexibility. You will challenge the current status quo to improve things.
- You will have high energy and passion to drive the business and positively influence others, you will avoid complacency and strive for the business to succeed, acting quickly to tackle any issues.
- You will be adept at managing competing demands on your time, actively prioritising and remaining calm under pressure while navigating complexity and challenges with confidence and resilience.
- You will possess strong interpersonal skills – influencing and building trust quickly, navigating complexity and ambiguity with confidence and negotiating with tenacity and focus. You will be decisive and persuasive to achieve the results.
- You will be able to manage diverse stakeholders ranging from board members to finance professionals in the team.
- You will demonstrate personal resilience in the context of an international company in high-growth mode.
- You will demonstrate a strong commitment to high integrity and ethics.
- Demonstrate the AD Values:
KEY RELATIONSHIPS
- Group Procurement Director
- Head of Technology Procurement
- Technology leadership and senior leaders across all LOB’s and Functional areas across the business
- Finance, Legal, Risk, and other Central Functions
- Strategic technology suppliers and delivery partners
WHAT WE OFFER
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Our global benefits also include:
- Support for professional accreditations such as ACCA and study leave
- Flexible arrangements, generous holidays, plus an additional day off for your birthday!
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- 24/7 support available from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
Alter Domus is an Equal Opportunity Employer: Equity Statement
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)
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