Procurement Specialist

2 weeks ago

Solihull West Midlands, United Kingdom The Curve Group Full time

6 Month contract – Inside IR35

Hybrid (2-3 days a week in the office) - Solihull

This major European Financing Group require a Buyer to join their procurement team on a 6 month contract.

The Procurement team are responsible for securing supplier contracts that ensure the balance between cost reduction, value engineering and risk management. As a Buyer, you will work with the business and the wider procurement team to conduct procurement activities in line with internal policies, best professional practice and agreed contracts such as shaping procurement processes and help create Governance packs.

KEY RESPONSIBILITIES

  • Identify and evaluate service providers based on factors such as expertise, quality, reliability, cost-effectiveness, and compliance.
  • Negotiate contracts and agreements with service providers to ensure favourable terms and conditions, including pricing, scope of work, performance metrics, and service level agreements (SLAs).
  • Collaborate with internal stakeholders to understand service requirements and specifications, and develop sourcing strategies to meet those needs, providing appropriate advice and support.
  • Conduct market research and analysis to identify potential service providers, industry trends, and best practices.
  • Lead (RFx) process for contracts under remit, including drafting documents, evaluating proposals and selecting qualified vendors.
  • Coordinate with business, legal and finance teams to review and approve contracts, ensuring alignment with policies and regulations.
  • Use Central procurement software to identify contracts review cycle, maintain accurate records and generate reports on purchasing activities and performance metrics.
  • Comply with central and regulatory control framework.

SKILLS & EXPERIENCE

  • RFx process
  • Direct, or Indirect sourcing
  • Cost reduction
  • Procurement in the Financial Services sector
  • Sourcing Activity
  • Practice of procurement in an FCA-regulated context
  • Performance KPI and SLA industry standards
  • Commercial acumen
  • Good understanding of contract law
  • Cost leverage and optimisation
  • Negotiation and problem-solving skills
  • Ability to liaise with stakeholders throughout the business
  • MCIPS or equivalent

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