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TITLE: Buyer I DEPARTMENT: Procurement REPORTING TO: Strategic Sourcing Manager OFFICE LOCATION: Madrid, Spain ROLE TYPE: Hybrid, Full-time IPC is a fintech company that focuses on the human element. With a global presence, we support local markets with our advanced cloud-based trading communications and managed connectivity solutions. Through our portfolio of communications and connectivity solutions, we focus on solving business challenges and adapting to regulatory changes in the fast-paced global financial markets. This enables our clients to maintain consistent market access, a strong competitive advantage, and enhanced operational efficiency. Join a team that is dedicated to delivering groundbreaking products and making a significant impact on our clients' success. www.IPC.com Overview of the Team The procurement team operates as a globally centralised, highly collaborative function, partnering closely with stakeholders across all regions and business units. The team is led by a Senior Director based in our India office, supported by a Strategic Sourcing Manager in New York, and experienced procurement professionals located in Madrid, Spain, and Kuala Lumpur, Malaysia and rolls into the Chief Administrative Officer, based in London. Together, we work as a high‐performance, globally aligned team, focused on driving enterprise‐wide value, strengthening supplier partnerships, and delivering operational excellence across the entire procurement lifecycle. Role Overview: The Buyer I is responsible for the effective execution of day-to-day procurement activities, ensuring that purchasing transactions, supplier onboarding, and contract administration are completed accurately, efficiently, and in compliance with company policies. This role supports strategic sourcing managers by managing operational procurement processes, including purchase order creation, vendor setup and documentation, contract tracking, contingent worker administration, and coordination with Finance and Accounts Payable. The Procurement Specialist serves as a key point of contact for stakeholders, helping guide them through procurement processes while maintaining governance and data integrity. While primarily operational in nature, the role contributes to cost control and process improvement by identifying inefficiencies, supporting reporting requirements, and ensuring adherence to preferred supplier and contracting frameworks. In short, the Buyer I ensures procurement runs smoothly, compliantly, and consistently, enabling the broader team to focus on strategic value creation. Key Responsibilities: Procure‐to‐Pay & Operational Execution Manage the end-to-end P2P process for assigned categories, including PO creation, approval routing, and supplier onboarding. Ensure compliance with procurement policies, contracting frameworks, and preferred supplier programs. Own operational procurement outputs for assigned categories under guidance from senior team members. Supplier & Category Support Identify, evaluate, and select suppliers aligned with approved sourcing strategies. Maintain supplier relationships, gather market intelligence, and monitor supplier performance. Support and participate in supplier performance reviews and business review meetings. Contracting & Governance Partner with Legal to support contract administration, ensuring commercial accuracy and alignment with business requirements. Track contract status, expirations, renewals, and documentation. Maintain strong data integrity across procurement systems and records. Reporting & Continuous Improvement Publish and maintain monthly procurement KPIs (e.g., savings, compliance, delivery performance, spend under management). Identify improvement opportunities to enhance process efficiency and stakeholder experience. Contribute to annual cost‐saving initiatives and process enhancement projects. Track, document, and report realized savings and cost‐avoidance outcomes. How You Will Make an Impact: Accelerate business decisions by turning purchasing needs into clean, on‐time POs, ensuring stakeholders have what they need to execute with speed and certainty. Raise procurement standards by embedding policy compliance and preferred‐supplier usage into day‐to‐day operations—improving control, audit readiness, and risk coverage. Unlock measurable savings by supporting sourcing events and tracking realized benefits—translating negotiations and demand shaping into tangible P&L impact. Strengthen supplier performance by feeding the team with reliable data and insights, enabling better SLAs, delivery reliability, and service quality in business reviews. Improve the stakeholder experience through clear guidance, responsive support, and predictable cycle times—making procurement a trusted, easy‐to‐use partner. Protect commercial outcomes by ensuring contracts reflect what the business really needs (scope, pricing, terms)—lowering leakage and preventing surprises post‐signature. Ma
