Head of Procurement & TPRM

Michael Page Procurement & Supply Chain; East Midlands; Hybrid; GBP 90,000 - 105,000; Full time

Job summary

A leading company in financial services is seeking a Head of Procurement & TPRM to oversee procurement strategies and manage supplier risk. This role involves developing procurement strategies, leading negotiations, and providing guidance to the procurement team. The ideal candidate will have proven experience in procurement within the financial sector, excellent analytical skills, and a relevant professional qualification. The position offers a competitive salary, a comprehensive benefits package, and a hybrid working model.

Benefits

Comprehensive benefits package

36-day holiday allowance

Stability and growth opportunities

Qualifications

• Proven experience in procurement and third party risk management.
• Strong understanding of procurement best practices and tech/software bias.
• Experience managing complex procurement projects.

Responsibilities

• Develop and implement procurement strategies aligned with organisational objectives.
• Lead supplier negotiations to secure favourable terms.
• Monitor supplier performance and governance to ensure compliance.

Skills

Negotiation

Supplier Management

Analytical Skills

Education

Relevant Professional Qualification

Job description

The Head of Procurement & TPRM will oversee procurement and supplier risk strategies and processes, ensuring cost efficiency and compliance within the financial services industry. This role can be based in Sheffield, Nottingham, or Birmingham and focuses on optimising supply chain governance of tech supplier and delivering general category management across the procurement team.

Client Details

This opportunity is with a well-established large tier 1 organisation in the financial services industry. The company prides itself on its structured approach to procurement and supply chain management, offering a professional and rewarding work environment.

Description

• Develop and implement procurement strategies aligned with organisational objectives.
• Lead supplier negotiations to secure favourable terms and conditions.
• Monitor and evaluate supplier performance, third party risk and supplier governance to ensure compliance with contracts and standards.
• Oversee the procurement lifecycle, ensuring adherence to policies and regulatory requirements.
• Collaborate with internal stakeholders to identify and fulfil procurement needs effectively.
• Analyse market trends to identify cost-saving opportunities and mitigate risks.
• Provide leadership and guidance to the procurement team, fostering a high-performance culture.
• Prepare and present procurement reports to senior management, offering insights and recommendations.

Profile

A successful Head of Procurement & TPRM should have:

• Proven experience in procurement and third party risk management within the financial services industry.
• A strong understanding of procurement best practices, policies, and regulations, as well as a tech / software biased category background.
• Experience with DORA and SS2/21.
• Excellent negotiation and supplier management skills.
• The ability to lead and develop a team effectively.
• Strong analytical skills to evaluate market trends and supplier performance.
• Experience in managing complex procurement projects and budgets.
• A relevant professional qualification or equivalent experience in procurement.

Job Offer

• A competitive salary ranging from £90,000 to £105,000 per annum.
• A comprehensive benefits package to support your professional and personal needs.
• A permanent position offering stability and growth opportunities.
• Generous 36 day holiday allowance inc bank hos to encourage work-life balance.
• Twice a week on site - hybrid model
• The chance to work in Nottingham within a respected financial services organisation.

If you are ready to advance your career as Head of Procurement & TPRM, apply now to join a thriving team in the financial services industry!