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Procurement Manager

2 months ago

United Kingdom TalentHawk Full time

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)