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Procurement Manager
2 months ago
Insight Investment is seeking a highly skilled Sourcing Manager (Vendor Management) to support the Head of Sourcing & Third-Party Management in developing and implementing procurement strategies, managing vendor relationships, and serving as a key partner to the business.
As a Sourcing Manager, you will be responsible for ensuring all business transactions align with BNY/Insight policies, procedures, legal requirements, regulations, and ethical standards.
Key Responsibilities:- Lead procurement activities, including supplier sourcing, renewals, contract negotiation, and supplier onboarding, ensuring due diligence and compliance.
- Assist with developing and executing procurement strategies that support Insight's goals and regulatory requirements.
- Prepare regular sourcing reports, dashboards, and spend analysis to senior management.
- Manage key supplier relationships, prepare, and establish NDA, MSA, SOW, pricelists, catalogues data, terminations, and other contracts in line with strategies.
- Independently review and analyse contract asks, effectively communicate requirements, and determine solutions and actions in response to contract asks.
- Advise on contract negotiation improvements.
Ensure SLAs are in place with our suppliers of key high-value projects through internal governance and controls to completion.
Requirements:- Communicate contract-related information to all stakeholders.
- Liaising with legal and other SMEs for the negotiation of agreements when required.
- Maintaining all data and documentation as required with a high degree of accuracy as evidenced by data quality tool reporting.
- Work with data to agree on sourcing strategies, cost modelling, and cost breakdowns.
- Assist with other tasks and projects.
Bachelor's degree or equivalent combination of education and work experience required.
Business, Procurement, Supply Chain degree or CIPS qualification preferred.
Ideally 5 years of total work experience.
Understanding of procurement and sourcing processes and practices in the financial sector preferred.
Demonstrated experience in managing large, complex projects and spend categories preferred.
Insight is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief, sexual orientation, or other factors protected by federal, state, and/or local laws.
If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at.
Insight Investment is a leading asset manager focused on designing investment solutions to meet its clients' needs.
Founded in 2002, Insight's collaborative approach has delivered both investment performance and growth in assets under management.
Insight manages assets across its core liability-driven investment, risk management, full-spectrum fixed income, currency, and absolute return capabilities.
Insight has a global network of operations in the UK, Ireland, Germany, US, Japan, and Australia.