Procurment Specialist

Job Type: Permanent 

Location: Edinburgh, Birmingham or London

Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.

Closing Date: 18th November

Salary and benefits: £50,000 - £55,000 plus 16% bonus up to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more

Recruiter: Tim Singh

The role  

The role holder will be responsible for identifying, evaluating, and acquiring technology solutions or services from external third parties. They will be involved in researching market trends, negotiating contracts, managing third-party relationships, and ensuring the selected technology solution aligns with company standards and objectives.

Key responsibilities

Category strategy development: 

Develop and implement sourcing strategies and plans for Technology Categories, sub-categories, and commodities. 

Supplier selection and management: Research the supply market to identify, assess and commercially manage end to end relationships with Technology suppliers to ensure the delivery of high-quality services and products at competitive pricing. Sourcing and negotiation: 

Lead, or support, the sourcing process for Technology solutions - negotiate contracts and manage supplier performance to achieve cost savings and mitigate risks. 

Deliver and embed cost savings: Implement cost optimisation strategies including, but not limited to, demand management, volume consolidation, and process efficiencies to drive savings and improve profitability. 

Risk Management: Proactively identify and mitigate risks associated with sourcing activities, including managing regulatory contractual change, ESG (Environmental, Social, and Governance) standards, supplier risks, contract risks and ensure business continuity. 

Cross functional collaboration: 

Collaborate with internal stakeholders, including Finance, Legal, Risk, and Business Unit Executives to understand their needs and requirements and provide strategic guidance and support. 

Continuous Improvement: Drive continuous improvement initiatives with the Centre of Excellence team ensuring that procurement and third-party management best practices and technology is adopted to enhance the efficiency and effectiveness of Commercial Partnerships.

What are we looking for?

Good negotiating skills with the ability to influence and communicate effectively with internal and

external stakeholders.

Analytical and problem-solving skills with a data driven approach to decision-making.

Some knowledge of the Technology market and an inquisitive mind.

Some working knowledge of contracting models, commercial terms and conditions and the

Confidence to negotiate them.

Working knowledge of financial services regulation.

Experience of working with procurement tools and systems.

We want to hire the whole version of you.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you. 

 If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. 

We're reviewing applications as they come in, so apply early to avoid missing out.

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