Corporate Procurement Specialist

1 week ago


London, Greater London, United Kingdom Commerzbank AG Full time

A leading corporate banking and capital markets organisation is seeking a Corporate Procurement Specialist to join their team in London.


Main purpose of the rolenThe Procurement Specialist is responsible for ensuring the economic and efficient sourcing of products and services across all categories.


Key activitiesnReporting to the Senior Procurement Specialist to ensure a secure supply to internal customers in the relevant region (London) applying expertise to conclude supplier agreementsnCreating lasting and comprehensible value add for Commerzbank in the region within the scope of the objectives of Corporate Procurement and establishing Corporate Procurement as an excellent partner for internal customersnOrientation to the strategic objectives of the bank/stakeholders, internal bank guidelines and regulations, and on defined standardsnResponsible for all categories of sourcing for procurement projects with medium purchasing volume and medium complexity and risk potentialnAssisting in the development of product group strategies, pricing models and negotiation tacticsnNegotiation and managing local contracts and supporting local customers in getting the right products, goods and services to fulfil their business needs.

All this in cooperation with CP HQs function and the GS-OS nearshoring location

Key responsibilitiesnSufficient experience in Purchasing (preferred), Sales, Organisation, IT, Accountancy, or LogisticsnUnderstanding of sourcing techniques, underlying procure-to-pay processes and sourcing and procurement systems and toolsnBasic negotiation skillsnBasic legal knowledge in contract lawnGood knowledge of project managementnGood commercial knowledgenDegree/MCIPS/Equivalent

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