Procurement Specialist
4 weeks ago
About the Role
We are seeking a skilled Procurement Specialist to join our team at Tesco Bank. As a key member of our Technology team, you will be responsible for ensuring a full understanding of the services provided to your allocated business area by Strategic suppliers.
Key Responsibilities
- Manage key internal client and customer relationships to ensure business objectives and supplier objectives remain aligned and within rules of business conduct.
- Identify trends, summarise findings, and provide feedback on existing contract performance to inform new contract processes and negotiations.
- Deliver required outcomes by managing day-to-day relationships with contract service providers within a contract management plan, in line with regulatory supplier compliance management framework.
- Work with Procurement & Legal to review, maintain, and re-negotiate necessary legal contracts.
- Ensure business activities within your area of responsibility comply with relevant external regulatory and voluntary codes and internal policies and procedures.
- Identify and evaluate risks, issues, dependencies, and constraints associated with your work, escalating where appropriate.
- Plan and deliver stakeholder engagement activities to develop effective working relationships and ensure stakeholder needs and concerns are identified and addressed.
Requirements
- Deep understanding of the Procurement & Supplier Management Policy and Framework.
- Excellent communication and presentation skills.
- Experience of balancing priorities in a fast-paced, consistently changing environment to meet tight deadlines.
- Experience in a role within a supplier management environment in a large, regulated or controlled environment.
- Knowledge of FCA/PRA regulations relating to outsourcing and supplier activity.
- Risk, Conduct, and Compliance Management.
- Excellent relationship management and influencing skills at all levels.
- Understanding of supplier commercial contracts.
What We Offer
- Prepare for your retirement with our colleague pension scheme.
- Private Medical Insurance (WL2+) and virtual GP Service for you and your family.
- Performance-related annual bonus.
- Indulge in a generous holiday allowance with a minimum of weeks, with the opportunity to buy more.
- Enjoy a % discount on purchases with our Colleague Clubcard, increasing to % every payday (worth up to 2K).
- Benefit from our family-oriented initiatives, including enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
- A place to get on - take advantage of our ongoing learning opportunities and training to help you achieve the job and career you want.
- Take part in our Buy as you Earn and Save as your Earn share schemes.
Everyone's Welcome
We want all our colleagues to always feel welcome and be themselves at Tesco Bank. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business.
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