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Procurement Process Manager

4 months ago

Eastern England, United Kingdom Lorien Full time

We are looking for a skilled Procurement Process Specialist to support the transition of a new Procurement and Third-Party Risk Management (TPRM) tool as part of a Procurement Transformation project. This role is critical to the successful migration and integration of the new processes that will support the successful adoption of the new technology. The Procurement Process Specialist will work to review, amend and build new processes for the procurement and supplier management teams to support successful roll out of new technology.

Key Responsibilities


Policy and Process Improvements

  • Analyse current procurement, supplier management and risk management processes to identify necessary gaps, changes and improvements.
  • Collaborate with relevant departments and stakeholders to update policies and procedures that align with the new tool’s capabilities and requirements.
  • Build and deliver best-in-class playbooks of processes and procedures to wrap around the new technology across the entire spectrum of Procurement (Source-to-Pay, TPRM, Supplier Performance Management etc).
  • Work with our Business Analyst and implementation partner to develop and document new workflows, ensuring they are integrated smoothly into daily operations.
  • Ensure compliance with all relevant UK and Irish Financial Services regulations and standards through updated policies and procedures.
  • Ensure all processes and policies are compliant, proportionate, user friendly and enable the BAU team to monitor compliance against.



Stakeholder Management

  • Engage with key stakeholders across procurement, supplier management, and stakeholder teams to understand their needs and concerns to feedback into the Programme.
  • Build strong relationships with stakeholders to facilitate collaboration and buy-in to the new approach and ways of working.
  • Actively manage and mitigate resistance to change through effective stakeholder engagement strategies.
  • Work closely with the project and implementation teams to understand the process aspects of the tool implementation.


Continuous Improvement

  • Support BAU centre of excellence team through project transition with any additional requirements to ensure success
  • Identify and recommend any additional best practices in procurement and TPRM for future implementation/ adoption


Qualifications

Minimum of 5 years of experience in procurement and SRM process related role.

Must have strong regulatory knowledge of procurement and TPRM requirements in financial services for the UK and Ireland (FCA, PRA, EIOPA, CBI etc).

Proven track record of successfully implementing new policies and processes in a financial services environment.

Excellent problem-solving, analytical, and people skills.

Strong understanding of industry best practices.