Procurement Manager

Financial Services Compensation Scheme; Greater London; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Employer pension contributions 9%–15%

Life assurance, income protection

Private medical and dental insurance

EAP and Virtual GP

26 days annual leave + bank holidays +

Enhanced maternity/paternity/adoption

Discounts and rewards

Job summary

Financial Services Compensation Scheme seeks an experienced Procurement Manager to lead and develop our procurement function, owning procurement strategy, governance and supplier management across the organisation. You will partner with Executive stakeholders, deliver value-for-money through strategic sourcing, and lead a team of Procurement Business Partners.

You will shape commercial approaches, embrace data, automation and AI to improve processes, and foster high-performance teams in a hybrid

Qualifications

• Experience leading a procurement function in a complex organisation.
• Proven ability to develop procurement strategies, policies and governance.
• Experience leading sourcing, tendering and supplier selection.
• Knowledge of public sector procurement rules and frameworks.
• Strong commercial acumen delivering value-for-money.
• Experience managing strategic supplier relationships and risks.
• Able to influence senior stakeholders and executives.
• Leadership to develop high-performing teams.
• Experience using data, automation and AI to improve procurement.

Responsibilities

• Lead development and delivery of FSCS procurement strategy and governance.
• Partner with Executive stakeholders and budget holders with commercial advice.
• Develop supplier and contract management approach focused on value and risk.
• Oversee sourcing and tender activity to deliver value for money.
• Identify opportunities to improve processes with tech, data, AI.
• Lead, develop and inspire the Procurement Business Partner team.

Skills

Procurement leadership

Strategic procurement

Governance frameworks

Supplier management

Tendering & sourcing

Public sector procurement

Stakeholder engagement

Team leadership

AI/data tools

Education

CIPS qualification

Tools

Procurement software

Job description

FSCS are looking for an experienced Procurement Manager to lead and develop our Procurement function.

This is a great opportunity to take ownership of procurement and supplier management across FSCS, shaping our commercial strategy, procurement approach and governance while ensuring we achieve value for money across our third-party expenditure. You’ll work closely with senior leaders and Executive stakeholders and lead a team of Procurement Business Partners to deliver high-quality commercial advice and support across the organisation.

Key Responsibilities Include

• Procurement strategy and governance: Lead the development and delivery of FSCS’s procurement strategy, policies, frameworks and governance, ensuring they support organisational priorities and regulatory requirements.
• Strategic business partnering: Build strong relationships with Executive stakeholders, senior leaders and budget holders, providing expert commercial advice, challenge and guidance.
• Supplier management: Lead the development of our supplier and contract management approach, ensuring effective supplier performance, risk management and value delivery.
• Procurement delivery: Oversee strategic sourcing and tender activity, using market insight and commercial negotiation to deliver value for money and strong organisational outcomes.
• Continuous improvement: Identify opportunities to improve procurement processes and ways of working, including the effective use of technology, data, automation and AI.
• Team leadership: Lead, develop and inspire the Procurement Business Partner team, building capability and creating a high-performing, commercially focused function.

About You

We’re looking for an experienced procurement leader who combines strong commercial expertise with the ability to build trusted relationships and influence at senior and Executive level.

Key Areas Of Expertise And Experience Include

• Significant experience leading a procurement function within a complex organisation
• Strong experience developing procurement strategies, policies and governance frameworks
• Experience leading complex sourcing, tendering and supplier selection activity
• Detailed knowledge of public sector procurement requirements, frameworks and relevant legislation
• Strong commercial acumen with demonstrable experience delivering value-for-money opportunities
• Experience managing strategic supplier relationships and associated commercial risks
• Proven ability to influence and constructively challenge senior and Executive-level stakeholders
• Strong leadership experience, with the ability to develop and motivate high-performing teams
• Experience using technology, automation, data and AI-enabled capabilities to improve efficiency and effectiveness

A professional procurement qualification such as CIPS, alongside experience within a regulated or public sector environment, would be advantageous but is not essential.

Successful candidates will also be able to demonstrate behaviours aligned to FSCS’s ways of working: taking accountability, showing courage, working stronger together, embracing continuous learning and remaining focused on delivering results.

Why Join Us?

Join an organisation with a clear purpose - to support financial stability, giving customers confidence, continuity and compensation when financial services fail.

Here, you’ll take real accountability for decisions that make a difference, working with courage and honesty to challenge and improve outcomes. You’ll collaborate with talented colleagues to deliver the right solutions at the right time, continually learning as you go.

Together, we stay focused on what success looks like, being accessible, efficient and trusted, while delivering meaningful results that strengthen the UK financial system.

Our Offer

We have invested greatly in a flexible people offer that we’re proud of, that our employees love and that supports and promotes diversity, inclusion, and overall wellbeing.

Our hybrid policy supports a healthy work life balance allowing up to 60% work from home and 40% working from our brand new office space between Aldgate and Liverpool Street.

Key Benefits Include

• Employer pension contributions from 9% - 15% dependant on your contributions and length of service
• Life assurance, income and critical illness protection
• Private medical and dental insurance
• EAP and Virtual GP
• 26 days annual leave + bank holidays and the option to sell 5 or buy up to 9 additional days per annum to suit your lifestyle
• Enhanced Maternity, Paternity and Adoption leave - 6 months full pay
• Additional discounts and options to earn rewards to spend at your choice of retailer

For over 20 years, FSCS has been the UK’s financial safety net, protecting customers when authorised financial firms fail and helping them get back on track.

We are an independent, non-profit organisation set up by government, offering a free service where customers keep every penny of the compensation they are owed when they claim directly with us. FSCS is funded by the financial services industry through an annual levy paid by firms authorised by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA).

Through the 2008 banking crisis to the COVID-19 pandemic, FSCS has provided reassurance during the most challenging times, giving people confidence their money is safe. By maintaining trust in financial services, we help support financial stability and contribute to economic growth. Our people are at the heart of everything we do. Together, we’ve built a culture of empathy, resilience, and continuous improvement — always striving to do better and move faster in a complex financial landscape.

Join us and make a real difference.