Procurement Supplier Management Specialist, Belfast

1 week ago


Belfast, United Kingdom TP ICAP Group Full time

The TP ICAP Group is a world leading provider of market infrastructure.Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.Through our people and technology, we connect clients to superior liquidity and data solutions.The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.**Role Overview** The Procurement Supplier Management Specialist is responsible for delivering an end-to-end procurement support process, covering supplier onboarding, third-party risk management, contract administration, supplier governance, and performance management. The role ensures that suppliers meet contractual obligations, supports dispute resolution, and maintains the central contract depository.This role also provides support to the wider Procurement function in sourcing activities, supplier risk assessments, and procurement analytics, contributing to the continuous improvement of procurement practices across TP ICAP. **Role Responsibilities**Procurement Supplier Management* Support supplier onboarding and third-party due diligence, ensuring compliance with regulatory and internal requirements (e.g., UK Modern Slavery Act, Cloud Outsourcing).* Administer and maintain the strategic supplier register, preferred supplier lists, and annual recertification.* Support resolution of purchase order (PO) and purchase requisition (PR) issues.* Provide input into third-party risk attestation and ongoing monitoring activities.Commercial Contract Management* Oversee assigned suppliers to ensure compliance with contractual obligations, mitigating risk and preventing value leakage.* Track and manage contract renewals, change requests, and spend reconciliations.* Support quarterly supplier performance reviews, including service performance credits, rebates, and discount programs.* Conduct ongoing commercial and contractual risk assessments of assigned suppliers.Contract Administration* Maintain and administer the contract depository, ensuring contracts are abstracted accurately and metadata is up to date.* Generate reports to support contract pipeline management, renewal planning, and supplier termination processes.* Advise on exit obligations such as data destruction requirements.Procurement Support* Provide administration support for supplier onboarding into financial and due diligence systems.* Support the analytics and MI team with procurement data and reporting.* Contribute to procurement transformation and innovation initiatives.Communication & Risk Management* Provide clear and timely updates to stakeholders throughout procurement processes.* Identify, escalate, and help mitigate procurement risks.* Recommend improvements to procurement tools, systems, and methodologies. **Experience & Competencies**Essential* Degree educated or equivalent significant experience in supply chain or procurement.* Experience managing purchase order and invoice approval processes.* Hands-on experience with Oracle or equivalent ERP systems.* Familiarity with contract management tools.* Experience processing medium-to-high purchase order volumes.* Strong Microsoft Office skills, particularly Excel.* Knowledge in at least one relevant procurement area: Contract management/ Third-party risk management / Supplier onboarding / Purchase order management* Strong analytical, organisational, and problem-solving skills.* Excellent attention to detail and ability to work under pressure.* Effective communicator with the ability to adapt style to audience.* High integrity and professionalism in all interactions.Desired* Experience in financial services or other regulated industries.* Prior involvement in supplier governance frameworks or critical supplier management.* Exposure to procurement transformation or continuous improvement initiatives.* Professional procurement qualifications (e.g., CIPS or equivalent).* Strong track record in supplier relationship management, including dispute resolution.* Evidence of innovation and ability to identify process improvements.* Experience supporting business analytics or MI reporting.**Band & Level*** Support / 3#LI-ASO #LI-Hybrid**Company Statement**We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.**Location**UK - City Quays - Belfast**Connecting clients, communities and colleagues for sustainable growth**TP ICAP connects people, platforms, ideas, and insight across the world’s financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities.**Work with us**Joining TP ICAP puts you at the heart of markets that matter.You’ll have the freedom to innovate and act on your initiative. We’ll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that’s there to set you up for success.TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group.Connections are at the heart of what we do. We combine our people’s know-how with the latest technology to improve price discovery, trade execution and liquidity flow.Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth.And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It’s what makes TP ICAP a mainstay in the global markets, now and in the future.TP ICAP. We connect.
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