Commercial Procurement Analyst

Aj Bell; Manchester; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading financial services provider in Manchester is looking for a Commercial Procurement Analyst to support the Procurement Manager. The role involves managing supplier contracts and developing commercial relationships. Ideal candidates should have at least three years of relevant experience and a degree. Join a dynamic team at a top-rated workplace with opportunities for growth.

Benefits

Starting salary of up to £35,000 per annum

Starting holiday entitlement of 25 days, increasing to 31

Pension scheme with matched contributions up to 6%

Discretionary bonus scheme

Annual free share awards scheme

Health Cash Plan

Discounted private healthcare

Free onsite gym

Employee Assistance Programme

Personal development programmes

Qualifications

• At least 3 years relevant experience in procurement role.
• Engagement experience with external partners on commercial matters.

Responsibilities

• Assess and analyse existing and potential group suppliers.
• Develop external commercial relationships.
• Review and negotiate supplier contracts.
• Assist in control of the Group's external cost base.
• Liaise with Cost Centre managers regarding contract management.

Skills

Strong written and verbal communication skills

Strong mathematical skills

Strong IT proficiency

Strong organisational skills

Ability to work independently

Knowledge of commercial contract principles

Knowledge of negotiation principles

Education

Degree level education or equivalent

Part CIPS qualification

Job description

Overview

We are now recruiting for a Commercial Procurement Analyst at AJ Bell to work within the Commercial team, based in our head office in Salford Quays. The successful candidate will support the Procurement Manager and other business areas, including the Group Finance department, in the management of supplier contracts, cost control and establishment / maintenance of commercial relationships with suppliers. As the Commercial Procurement Analyst, the successful candidate will be able to work independently using their own initiative, whilst working collaboratively with colleagues at all levels (up to and including Executive Management Board members) across the business and with external partners.

What you'll be doing

• Assessing and analysing existing and potential group suppliers.
• Establishing and developing external commercial relationships.
• Reviewing and negotiating existing, new and renewal contracts.
• Information Assurance in relation to supplier contract documentation.
• Assisting in control of the Group's external cost base.
• Assisting in control of the Group's third-party supply risk.
• Liaising with Cost Centre managers in respect of contract management and cost control.

Required

• Educated to degree level or equivalent.
• Part CIPS (Chartered Institute of Procurement and Supply) qualified and working towards full CIPS qualification.
• At least 3 years relevant experience working within a procurement role.
• Experience of direct engagement with external partners /suppliers on commercial and contractual matters.

Desired

• Fully qualified CIPS membership.
• Experience of working in a Financial Services procurement role.
• Experience of IT procurement / contract management.
• Supervisory / management experience.

Knowledge & Skills

• Strong written and verbal communication skills.
• Strong mathematical skills.
• Strong IT proficiency.
• Strong organisational skills and the ability to plan and prioritise workload.
• Ability to work independently and also with internal stakeholders.
• Knowledge of commercial contract and risk management principles.
• Knowledge and practical application of negotiation principles, recognised procurement models and contract management software systems.

AJ Bell is one of the fastest-growing investment platform businesses in the UK offering an award-winning range of solutions that caters for everyone, from professional financial advisers to DIY investors with little to no experience. We have over 620,000 customers using our award-winning platform propositions to manage assets totalling more than £96.1 billion. Our customers trust us with their investments, and by continuously striving to make investing easier, we aim to help even more people take control of their financial futures.

Having listed on the Main Market of the London Stock Exchange in December 2018, AJ Bell is now a FTSE 250 company. Headquartered in Manchester with offices in central London and Bristol, we now have over 1,450 employees and have been named one of the UK's 'Best 100 Companies to Work For' for six consecutive years and in 2024 named a Great Place to Work. At AJ Bell you can expect a friendly working environment with a strong sense of teamwork, we have a great sense of pride in what we do, and this is reflected in our guiding principles.

At AJ Bell, our people are the heart of our culture. We believe in building strong connections by working together. That's why we offer a hybrid working model, where you'll spend a minimum of 50% of your working time per month in the Manchester office. For new team members, an initial period will be full-time in the office to help you immerse yourself in our business and build valuable relationships with your colleagues.

AJ Bell is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and all employees are empowered to bring their whole self to work. We do not discriminate on the basis of race, sex, gender identity, sexual orientation, age, pregnancy, religion, physical and mental disability, marital status and any other characteristics protected by the Equality Act 2010. All decisions to hire are based on qualifications, merit and business need. If you like the sound of the above, or just want to know more about the company and the role, we'd love to speak to you.

Benefits

• Starting salary of up to £35,000 per annum
• Starting holiday entitlement of 25 days, increasing up to 31 days with length of service and a holiday buy and sell scheme
• A choice of pension schemes with matched contributions up to 6%
• Discretionary bonus scheme
• Annual free share awards scheme
• Buy As You Earn (BAYE) Scheme
• Health Cash Plan - provided by SimplyHealth
• Discounted private healthcare scheme and dental plan
• Free onsite gym
• Employee Assistance Programme
• Bike loan scheme
• Sick pay+ pledge
• Enhanced maternity, paternity, and shared parental leave
• Loans for travel season tickets
• Death in service scheme
• Paid time off for volunteer work
• Charitable giving opportunities through salary sacrifice
• Calendar of social events, including monthly payday drinks, annual Christmas party, summer party and much more
• Personal development programmes built around you and your career goals, including access to personal skills workshops
• Ongoing technical training
• Professional qualification support
• Talent development programmes
• Peer recognition scheme, with rewards including restaurant and shopping vouchers or time off
• Monthly leadership breakfasts and lunches
• Casual dress code
• Access to a range of benefits from our sponsorship deals

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