Procurement Contract Manager

ZipRecruiter; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading consultancy firm is seeking a Procurement / Contract Specialist at Manager Level for a hybrid role in London. You will lead procurement and supplier management activities, focusing on contract renewals and supplier performance within asset management. The ideal candidate has extensive experience in procurement, a solid understanding of complex contracts, and strong analytical skills. Exceptional stakeholder engagement is necessary in this position.

Qualifications

• Proven experience in procurement and contract management in regulated industries.
• Advanced Excel skills for data analysis and cost modeling.
• Strong negotiation and supplier management abilities.

Responsibilities

• Lead sourcing and contract management for business services.
• Negotiate contracts ensuring compliance and risk management.
• Monitor supplier performance against SLAs and KPIs.

Skills

Procurement experience

Contract management

Supplier governance

Advanced Excel

Stakeholder engagement

Commercial acumen

Education

CIPS qualification (or working towards)

Job description

Overview

Procurement / Contract Specialist

Location: London (Hybrid)

Practice: Procurement & Commercial Management – Albany Beck

Deployment: Immediate placement with leading Asset Management client

About Albany Beck

Albany Beck are a Management Consultancy focused on providing specialist talent and transformative solutions to Financial Services clients. We combine subject matter expertise with innovative delivery models that help clients scale efficiently, while offering meaningful, long-term career opportunities to our people. At Albany Beck, you’ll be choosing to work with an organisation that’s passionate about your learning journey and committed to your professional career and personal development.

Role Overview

We are now seeking a Procurement / Contract Specialist (Manager Level) to join our Procurement & Commercial Management Practice, with an immediate deployment into a leading Asset Management client.

This is a hands-on commercial role where you will lead procurement, contracting, and supplier management activities across a portfolio of critical business services including asset servicing, fund valuation, transfer agency, fund administration, market data, and research.

The successful candidate will be highly analytical, confident with complex contracts and data management, and experienced in delivering value through contract renewals, supplier negotiations, cost base management, and supplier governance. You will act as a trusted advisor to stakeholders, ensuring commercial excellence and regulatory alignment.

Key Responsibilities

• Lead sourcing and contract management across business services categories.
• Own contract renewals, ensuring timely negotiation, risk management, and business continuity.
• Confidently interpret and operationalise complex supplier contracts.
• Negotiate robust contracts that align with strategic, regulatory, and risk priorities.
• Build and maintain strong supplier relationships that deliver measurable value.
• Monitor supplier performance against SLAs and KPIs, driving accountability and continuous improvement.
• Support governance processes and ensure compliance with contractual commitments.
• Own the supplier cost base across assigned categories.
• Identify cost-saving opportunities and efficiencies while safeguarding service quality.
• Provide actionable insights through advanced data analysis, supporting decision-making.
• Act as a trusted advisor to senior stakeholders, aligning procurement activity with strategic goals.
• Influence stakeholders to adopt best practice in procurement and supplier management.
• Collaborate across business units to ensure supplier strategies deliver long-term value.

Key Skills & Experience

• Proven experience in procurement, contract management, and supplier governance within asset management, financial services, or highly regulated industries.
• Advanced Excel expertise – pivot tables, data modelling, cost analysis – with strong capability to manage large datasets.
• Strong ability to interpret, negotiate, and manage complex supplier contracts (commercial, legal, and operational terms).
• Demonstrated success in negotiations, delivering cost savings and improved supplier outcomes.
• Exceptional stakeholder engagement and influencing skills, with credibility at senior level.
• Strong commercial acumen and analytical mindset, with a focus on value delivery and risk management.
• CIPS qualification (or working towards) desirable.