Private Markets

Procurement & Sourcing Vice President - IT Consulting - (Budapest, Budapest, Hungary)

About this roleFirm Overview:BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory…

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At a Glance

Compensation
Location
Job Type
Experience years

Compensation Intelligence

Low £50K
Market £75K
High £110K

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Full Job Description

Procurement & Sourcing Vice President – IT Consulting – Budapest, Budapest, Hungary - Private Equity – Key Insights & Skill Breakdown

Context: This Procurement & Sourcing Vice President role at a leading financial services firm presents an exciting opportunity to drive strategic sourcing and vendor management initiatives within the firm's IT consulting function. Leveraging your extensive experience in procurement, supply chain, and vendor relations, you will play a critical role in optimizing the firm's IT operations and supporting its continued growth.


Core Takeaways

  • Opportunity to make a direct impact on the firm's IT operations and cost optimization efforts as a Procurement & Sourcing VP
  • Chance to work for a prominent financial services firm and contribute to its ongoing success
  • Ability to further develop your procurement, negotiation, and vendor management expertise in a fast-paced, dynamic environment

Key Skills & Competencies

1. Required Skills

  • Proven track record of 8+ years in procurement, sourcing, and vendor management, ideally within an IT consulting or financial services setting
  • Strong negotiation, communication, and relationship management skills to effectively collaborate with internal stakeholders and external vendors
  • Proficiency in strategic sourcing, contract management, and supplier performance monitoring
  • Familiarity with IT infrastructure, software, and service procurement best practices

2. Preferred Skills

  • Experience working in a private equity or investment management environment
  • Ability to leverage data analytics to drive sourcing decisions and optimize vendor relationships
  • Familiarity with procurement technologies and automation tools

Interview Focus / Watchpoints

  • Demonstrate your track record of delivering tangible cost savings and operational improvements through strategic procurement initiatives
  • Highlight your ability to effectively manage multiple vendor relationships and navigate complex IT procurement processes
  • Showcase your strong communication and stakeholder management skills, and your ability to influence key decision-makers

Compensation & Environment

  • Base: ,
  • Bonus: Performance-dependent bonus
  • Benefits: Competitive pension scheme, generous holiday allowance
  • Working Model: Flexible working arrangements with professional development focus
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Frequently Asked Questions

A Procurement & Sourcing Vice President – IT Consulting – (Budapest, Budapest, Hungary) is responsible for key financial functions including analysis, reporting, and strategic planning. This level position requires expertise in sector dynamics and involves working with cross-functional teams to drive business growth and financial performance.
To stand out for this Procurement & Sourcing Vice President – IT Consulting – (Budapest, Budapest, Hungary) role, highlight relevant experience, demonstrate strong analytical skills with specific examples, and show proficiency in financial modeling. Quantify your achievements where possible and tailor your CV to match the key requirements.
The interview process typically includes an initial screening call, technical assessment (often including a modeling test or case study), behavioral interviews focusing on cultural fit, and a final round with senior team members. Preparation for technical finance questions is essential.
Career progression from a Procurement & Sourcing Vice President – IT Consulting – (Budapest, Budapest, Hungary) role can lead to senior positions such as VP, Director, or Partner level roles. The sector offers diverse paths including specialization within your firm, moves to portfolio companies, or transitions to related sectors like venture capital or corporate strategy.
Click the 'Apply' or 'Smart Apply' button above to submit your application. Our team will review your application and contact you within 24-48 hours if your profile matches the requirements.