Procurement and Vendor Manager

Aldermore Bank PLC; London; Hybrid; GBP 60,000 - 85,000; Full time

Job summary

Aldermore Bank is seeking a Procurement and Vendor Manager to drive cost savings and optimize supplier relationships. This role involves developing category strategies and managing vendor performance to support profitable growth in a hybrid working environment. The ideal candidate will possess strong negotiation, stakeholder management, and leadership skills.

Benefits

Flexible working culture

Opportunities for growth

Drive for continuous improvement

Competitive range of benefits

Qualifications

• High-impact experience in vendor management.
• Strong communication and negotiation skills.
• Ability to manage complex stakeholder relationships.

Responsibilities

• Identify and implement cost improvements with stakeholders.
• Create and execute category strategies aligned with business goals.
• Manage end-to-end sourcing activities and vendor performance.

Skills

Negotiation

Stakeholder Management

Leadership

Communication

Job description

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Location: Open to any of our offices – Cardiff, Reading, London or Manchester. We offer a hybrid way of working with some time in the office (2 days a week) and from home.

Let us tell you a bit about us

We’re Aldermore – the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we're backing more people to go for it.

We thrive by saying “yes” to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers chose Motonovo Finance every week to buy their next car, van or motorbike.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.

Let us tell you a bit about the opportunity

The Aldermore Group Procurement and Vendor Management team ensures vendors consistently deliver cost and value improvements to support profitable growth. We partner with stakeholders in technology to manage repeat and project spend, develop category and vendor strategies, and oversee in-contract vendor performance to drive long-term benefits and mitigate risks.

We work with agility to support fast-paced business delivery, using sourcing and performance management to ensure quality, cost efficiency, innovation, and regulatory compliance. Our goal is to simplify processes, reduce vendor numbers, and build strong, competitive or trusted supplier relationships aligned with business needs.

As Procurement and Vendor Manager, you would play a key role in driving cost savings, stakeholder satisfaction, operational resilience, and commercial protection through strong contracts and supplier oversight.

What will your day look like?

Reporting to the Head of Procurement and working within an established team, you will be responsible for:

• Cost & Value Delivery: Partner with stakeholders to identify and implement cost improvements, negotiate contracts, and optimise supplier relationships for better value and risk mitigation.

• Category Strategy Development: Create and execute category strategies aligned with business goals, using data insights and market intelligence to drive savings, innovation, and performance.

• Sourcing Leadership: Manage end-to-end sourcing activities (RFI/RFP), develop sourcing pipelines, and ensure compliance with procurement policies and regulatory requirements.

• Vendor Management: Establish and maintain vendor performance frameworks, manage supplier relationships, and ensure delivery of high-quality outcomes through effective governance.

• Collaboration & Risk Management: Work cross-functionally with Legal, Risk, Cyber Security, and other teams to support supplier onboarding, regulatory compliance, and continuous improvement.

• Team Leadership & Operations: Provide coaching to team members, support procurement systems/processes, and contribute to strategic initiatives that enhance efficiency, compliance, and value delivery.

What do we expect from you?

• High-impact experience involving vendors and vendor management, demonstrating an ability to drive major cost and value improvement. Experience of managing high-value projects.
• Consistent delivery of outstanding business outcomes through change management within complex supply relationships.
• Expert interpersonal, leadership and stakeholder partnering skills.
• Expert negotiation and influencing skills.
• Superior communication skills, including strong presentation skills at all levels of the organisation with the ability to manage complex relationships across a wide stakeholder community.
• Experience in securing agreement for business cases or cases for change that required Executive sponsorship.
• Understanding of the regulatory environment and PRA, FCA and EBA requirements is desirable but not essential.

What can you expect from us?

• A friendly and flexible culture, the same as how we work with our customers.
• A growing organisation that means there’s lots of opportunities to progress
• A drive for continuous improvement, which you will be empowered to get behind from day one.
• And of course, you will be rewarded competitively, with a good range of core benefits and bonus potential.

Join us and we’ll make the same promises to you as a colleague, as we do to each of our customers. We’re committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you’re pregnant or on family leave.

Please note that we have a thorough referencing process, which includes criminal record check