Head of Procurement

Nottingham Building Society; Nottingham; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading company is seeking a Head of Procurement to lead its procurement function, ensuring alignment with strategic objectives. The role involves developing strategies, managing supplier relationships, and ensuring compliance with policies. Ideal candidates will have significant procurement experience, strong negotiation skills, and a degree in business or related fields. The position offers hybrid working and a commitment to personal development.

Benefits

Annual discretionary bonus scheme

Medicash healthcare scheme

29 days annual leave plus bank holidays

Enhanced family leave

Paid leave for volunteering

Qualifications

• Significant expertise in procurement, ideally in financial services.
• Proven ability to negotiate and manage contracts effectively.

Responsibilities

• Develop and implement procurement strategies and policies.
• Negotiate contracts to secure favourable commercial outcomes.
• Monitor and control supplier costs to ensure savings.

Skills

Negotiation

Analytical Skills

Problem-Solving

Communication

Education

Bachelor’s degree in business administration

MBA

CIPS Certification

Tools

Procurement Software

Third-Party Risk Management Tools

Job description

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Location: Head Office, Nottingham (Hybrid working, minimum 2 days per week)

Application process: Please apply via the application button which will direct you to our careers site. If you require any adjustments to assist you in applying, please contact [e-mail]

As the Head of Procurement, you will lead and manage the Procurement function, ensuring that the sourcing of goods, services, systems, and materials aligns with the Society’s strategic objectives and Procurement Policies. In this senior role, you will develop and implement procurement strategies and policies, oversee supplier management, drive cost savings, and collaborate with cross-functional teams to ensure compliance with Procurement and Third Party Risk Management Policies.

Here’s a taste of what you will be doing as the Head of Procurement at Nottingham Building Society:

• Develop Procurement Strategies: Create and implement procurement strategies and policies that align with the Society’s goals and objectives.
• Enhance Procurement Processes: Review and refine procurement processes to boost effectiveness, minimise costs, and improve operational efficiency and resilience.
• Manage Supplier Relationships: Build and maintain strong relationships with suppliers, ensuring high-quality and timely delivery of goods and services, while supporting the business in managing their suppliers effectively.
• Lead Contract Negotiations: Negotiate contracts to secure favourable commercial outcomes and terms for the Society.
• Mitigate Risks: Identify, assess, and mitigate procurement and third-party risks to ensure business continuity and compliance, designing policies and processes to manage third-party risk across the Society.
• Control Costs: Monitor and control supplier costs, ensuring cost savings and adherence to budgets.
• Track Performance: Establish and track key performance indicators (KPIs) to measure the effectiveness of procurement activities.
• Ensure Compliance: Ensure all procurement activities comply with legal and regulatory requirements.

About you:

• Experience: Significant expertise in procurement, including senior management roles, ideally within the financial services sector.
• Strong Negotiation Skills: Proven ability to negotiate and manage contracts effectively.
• Analytical and Problem-Solving Abilities: Excellent skills in analysing data and solving complex problems.
• Strategic Sourcing Expertise: Demonstrated success in strategic sourcing and managing supplier relationships.
• Industry Knowledge: In-depth understanding of procurement and third-party risk management best practices and trends.
• Technical Proficiency: Skilled in using procurement and third-party risk management software and tools.
• Exceptional Communication: Outstanding communication and interpersonal skills.
• Educational Background: Degree-level education, with a preference for a Bachelor’s degree in business administration, Supply Chain Management, or a related field; MBA or relevant certification (e.g., CIPS, CPSM) is desirable.
• A fair and competitive salary evaluated against market data, annual discretionary bonus scheme, Medicash healthcare scheme, 29 days annual leave plus bank holidays and enhanced family leave.
• Commitment and dedication to your ongoing personal and professional development. We help you to own and grow your potential so you can be at your best in your current role and to support your future career aspirations.
• For all full-time roles we work a 35-hour working week to promote a work/life balance, we want you to be at your best inside and outside of work.
• .A friendly and inclusive culture where teams genuinely strive to do the right thing by their colleagues and our customers.
• A strong sustainability agenda – we’re continually finding new ways to be kinder to the environment by reducing our carbon footprint.
• We’re passionate about giving back to the communities in which we serve as well as supporting local charities as part of the Samuel Fox Foundation. One of the many ways you can get involved is to use the 2 days per year paid leave to volunteer for causes or charities that are important to you.
• Your health and wellbeing is our priority, we encourage this through a suite of support resources, including a team of trained mental health first aiders.

Embracing Diversity Together:

We proudly embrace and celebrate diversity as a fundamental cornerstone of our values. We believe that a diverse and inclusive workplace is not just essential for our success but is also a reflection of the vibrant communities we serve. Our commitment to diversity extends beyond our internal culture to the way we approach advertising and engage with our customers.

Our commitment means actively working to eliminate barriers and biases that may hinder equal opportunities within our organisation. We strive to ensure that all individuals, regardless of background, have an equal chance to thrive and advance in their careers.

We acknowledge that diversity is not just a goal to be achieved but a continuous journey toward creating an environment that embraces differences and promotes equal opportunities for all. We are committed to fostering an inclusive culture that encourages collaboration, creativity, and a sense of belonging for every member of our community.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Strategy/Planning, Purchasing, and Legal

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