Procurement Manager
4 weeks ago
Procurement Manager - Financial Services - Permanent - Circa £90k
Our client, a leading financial services company, are seeking a highly skilled and results-oriented Procurement Manager to join their team. The successful candidate will play a pivotal role in optimizing procurement processes, managing supplier relationships, and driving cost savings across the organization.
Responsibilities
- Develop and implement a comprehensive procurement strategy aligned with the company's business objectives.
- Conduct thorough supplier analysis, selection, and performance evaluation to ensure optimal supplier relationships.
- Negotiate contracts and agreements with suppliers to achieve cost-effective terms and conditions.
- Identify opportunities for cost reduction and process improvement within the procurement function.
- Implement robust procurement systems and processes to enhance efficiency and transparency.
- Ensure compliance with relevant procurement policies, regulations, and industry standards.
- Collaborate with cross-functional teams to meet procurement needs and support business growth.
- Conduct market research to identify potential suppliers and cost-saving opportunities.
- Manage procurement risks and develop mitigation strategies.
Qualifications
- Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field.
- Minimum of 5 years of experience in procurement within the financial services industry.
- Proven track record of successful procurement project management and cost savings.
- Strong negotiation and contract management skills.
- Excellent analytical and problem-solving abilities.
- In-depth knowledge of procurement best practices and industry trends.
- Proficiency in procurement software and systems.
- Strong leadership and interpersonal skills.
- Ability to build and maintain strong relationships with internal and external stakeholders.
Preferred Qualifications
- Master's degree in Supply Chain Management or a related field.
- Certification in Procurement (e.g., CIPS)
- Knowledge of specific financial services procurement categories (e.g., IT, professional services, banking operations)
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