Procurement Analyst| S2 | CFO |Multiple Locations

Santander; Greater London; Hybrid; GBP 30,000 - 45,000; Full time

Job summary

A financial services institution is seeking an experienced Procurement Analyst to support cost management and procurement functions. This role involves analyzing data, contributing to category strategies, and ensuring supplier quality. The ideal candidate should have proven category management experience and strong analytical skills. The position offers a hybrid work model with competitive benefits including a pension contribution and generous holiday allowance.

Benefits

£500 annual cash allowance

Discretionary performance-related annual bonus

Pension contributions

27 days’ holiday plus bank holidays

Free access to digital health services

Qualifications

• Experience of successful category management in a global procurement organization.
• Strong sourcing administration skills, gained from execution of sourcing activity at volume.
• Experience in operating in procurement systems.

Responsibilities

• Track output and sourcing pipeline delivery of tactical procurement.
• Understand and analyse data to support MI & Reporting.
• Contribute ideas to drive cost and business benefits.

Skills

Category management experience

Sourcing administration skills

Analytical skills

Tools

SAP

Globality

BI tools

Tableau

Job description

Overview

Procurement Analyst | S2 | CFO | Multiple Locations

Country: United Kingdom

Role purpose

Join our community. As the Procurement Analyst you will support the Category & Sourcing Lead and Managers, assisting Santander UK and other group entities that Santander UK provide service to in achieving its cost to income targets. This role contributes to enabling the Procurement team to be the first point of call for professional advisory support to achieve optimum outcomes for the bank. It involves maintaining and analysing MI and data required for day-to-day management of category, sourcing and supplier management, and identifying opportunities to enhance value for the business.

The difference you’ll make

As a Procurement Analyst you’ll play a key part in the continual evolvement of Cost Management and Procurement, driving us towards Even Better Cost Management and Procurement. You will provide cross‑business and category analysis to help identify opportunities to improve sourcing outcomes from ideation to execution. You will act as an expert reference point for the bank’s cost management process and the external market, and ensure that the quality, compliance and cost‑effectiveness of the work delivered by our suppliers meets Santander expectations.

Responsibilities

• Day to day tracking of output and sourcing pipeline delivery of tactical procurement.
• Understand and analyse data to support the production and maintenance of relevant MI & Reporting; including contributing to category strategies, sourcing activities, savings reporting and supplier management packs and meetings.
• Contribute ideas to drive cost and business benefits (tangible & intangible) to deliver against Procurement and business targets.
• Support in the generation of RFXs and negotiation strategies.
• Delivery of negotiations through procurement systems.

What you’ll bring

• Experience of successful category management in a global procurement organization.
• Strong sourcing administration skills, gained from execution of sourcing activity at volume.
• Analytical skills and knowledge.
• Experience in operating in procurement systems (SAP, Globality etc).

It would also be nice for you to have

• Basic knowledge of the Financial Services regulatory framework.
• Experience in analytical tools (BI, Tableau etc).
• Experience of supplier management.

What else you need to know

Our preferred location for this role is Unity Place; we will also consider applications from Bradford and Glasgow.

We want our people to thrive at work and home, and to deliver the best outcomes for our customers while developing. We offer site-based contracts with a hybrid working pattern and an expected attendance in an office of at least 12 days per month (pro‑rata for part‑time roles).

If you apply for this role in this/any of these locations, please consider travelling distance, time and cost from your home to the office location(s).

We’re happy to discuss specific working patterns and arrangements within this hybrid approach during the recruitment process.

Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.

How we’ll reward you

As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs. For part‑time / contract roles, your salary, bonus (where eligible) and certain benefits will be prorated to reflect your working hours / contract duration.

• £500 annual cash allowance to spend on our great range of benefits. *Include salary where authorised
• Eligible for a discretionary performance‑related annual bonus.
• We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary if you contribute as well, and you can take some of our contribution in cash if you prefer.
• 27 days’ holiday plus bank holidays, increasing to 28 days after 5 years’ service, with the option to purchase up to 5 contractual days per year.
• Free access to a range of digital health services, including GP.
• Protection for you and your family, with company‑funded death‑in‑service benefit and income protection insurance, plus discounted rates for additional life assurance and critical illness cover.
• 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more.
• Voluntary healthcare benefits at discounted rates, including medical insurance, dental insurance, and health assessments.

What to do next

If this sounds like a role you’re interested in, please apply.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. You can contact us at [e-mail].

Additional Information

We welcome applications on the understanding that, should you be offered this role, there may be no relocation package available. Santander will pay the employer mandatory government fees that are required to pay in connection with visa sponsorship. You may be liable for your own personal employee immigration and relocation costs.