Global Head of Procurement
5 days ago
The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers.
Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.
That's why, at Apex Group, we will do more than simply 'empower' you. We will work to supercharge your unique skills and experience.
Take the lead and we'll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.
For our business, for clients, and for you
Global Head of ProcurementLondon
Position Summary
The Global Procurement Director will be responsible for defining and executing Apex's global procurement strategy across all regions and categories, with a strong focus on technology, professional services, and operational spend. Role will be responsible for overseeing all purchasing activities, managing vendor relationships, and implementing best-in-class procurement policies and systems. This role is critical in ensuring the efficient acquisition of goods and services, driving cost savings, mitigating supply chain risks, and supporting the company's overall strategic objectives. This position plays a critical role in ensuring cost optimization, regulatory compliance, and risk management while enabling digital transformation and supporting strategic business objectives.
Key Responsibilities
Strategy & Leadership
- Develop, implement, and manage a global/regional procurement strategy that aligns with the company's financial and operational goals and regulatory requirements.
- Lead, mentor, and develop the procurement team, fostering a culture of high performance, collaboration, and continuous improvement.
- Establish and monitor key performance indicators (KPIs) for the procurement function, focusing on cost reduction, quality, and supplier performance.
- Establish procurement policies, standards, and governance frameworks to ensure compliance across all jurisdictions.
Sourcing & Category Management
- Direct all strategic sourcing activities across all categories
- Conduct complex negotiations with key suppliers to secure optimal terms, quality, service levels, and pricing.
- Oversee the Request for Proposal (RFP) process, ensuring rigorous and objective supplier evaluation and selection.
- Implement best practices in spend analysis and category management to identify and realize cost-saving opportunities.
Risk & Compliance
- Develop robust supplier risk management protocols to ensure continuity of supply and compliance with all relevant regulations and ethical standards.
- Ensure all procurement activities adhere to internal controls, company policies, and external regulatory requirements.
- Ensure compliance with financial services regulations (FCA, SEC, GDPR, SOX) and internal risk frameworks.
- Oversee third-party risk management programs, including due diligence, ongoing monitoring, and remediation plans.
- Manage the contract lifecycle, ensuring favorable terms and conditions are maintained with all critical vendors.
- Collaborate with Legal, Risk, and Compliance teams to mitigate operational and reputational risks.
System & Process Improvement
- Identify, evaluate, and implement procurement technologies (e.g., P2P systems, e-Sourcing tools) to enhance efficiency and transparency.
- Drive data-driven decision-making through spend analysis and predictive modeling.
- Streamline and standardize procurement processes across all business units.
- Drive the adoption of sustainable and ethical sourcing practices throughout the supply chain.
Cost Optimization & Value Creation
- Deliver cost savings and operational efficiencies through strategic sourcing, category management, and supplier consolidation.
- Implement performance metrics and KPIs to measure procurement effectiveness and supplier performance.
Stakeholder Engagement
- Act as a trusted advisor to senior leadership on procurement strategy, risk, and cost optimization.
- Build strong relationships with internal stakeholders across Finance, Operations, IT, and Legal to ensure alignment and collaboration.
Education:
- Bachelor's degree in Business, Finance, Supply Chain, or related field.
- Extensive experience in procurement or supply chain management, with at least 5 years in a global leadership role within financial services.
- Proven track record in strategic sourcing, contract negotiation, and supplier relationship management.
- Strong financial acumen and ability to interpret complex data for decision-making.
- Proficiency in procurement systems and digital tools.
- MCIPS or equivalent professional designation preferred.
What you will expose:
- Be part of a dynamic and fast-paced team that makes a genuine impact on the success of the entire organisation.
- Opportunity to work with a diverse, agile, and global team.
- Exposure to all aspects of the business, cross-jurisdiction.
- A genuinely unique opportunity to be part of an expanding large global business.
- Competitive remuneration in line with skills and experience.
- Training and development opportunities.
Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.
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