Procurement Manager

CMC Singapore; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

CMC Markets is seeking an experienced Procurement Manager for a 6-9 month fixed-term maternity cover based in our London office near Liverpool Street. You will lead the end-to-end procurement cycle, partnering with Business Heads, Finance and IT while implementing a new target operating model and procurement strategy.

This on-site role focuses on delivering operational excellence, cost optimization and supplier management across software/hardware and services.

Qualifications

• Experience in procurement within Finance and/or IT functions.
• Strong budgeting, forecasting, and cost-tracking abilities.
• Experience managing suppliers and vendor relationships.

Responsibilities

• Manage the procurement operations team and drive performance and customer service.
• Implement a new target operating model and procurement strategy.
• Oversee day-to-day order lead times and procurement activities with stakeholders.
• Negotiate quotes and contracts; review terms and conditions.
• Manage supplier relationships and budget analysis to identify cost savings.

Skills

Procurement management

Budgeting

Vendor management

Strategic procurement

Contract negotiation

Job description

We are looking for an experienced Procurement Manager to join us on a 6-9 month fixed-term contract (Maternity cover), supporting the end-to-end procurement cycle. This role will partner closely with Business Heads, Finance, and IT, while also leading the implementation of a new target operating model and procurement strategy. This is a fantastic opportunity to step into a high-impact role, driving operational excellence and shaping procurement best practice across the business.

Please note that this is an onsite role that will require you to work within our London office (near Liverpool street) 5 days on site per week.

Responsibilities:

• Manage the procurement operations team in terms of prioritisation, development, query resolution and measuring performance to ensure a high standard of delivery and customer service.
• Implementation of a new target operating model/procurement strategy.
• Oversee any day-to-day order lead time resolution activities with the team and internal stakeholders.
• Lead, co-ordinate and take responsibility for all day-to-day operational procurement activities.
• Resolve any day-to-day end user and supplier operational queries including invoice and payment issues in conjunction with Finance and budget holders.
• Actively seek, recommend and report on cost saving and where necessary challenge operational requirements and supplier spend.
• Actively monitor adherence to the Procurement Policy.
• Provide training and support to both the team and end users in the use of related procedures and processes.
• Manage new and existing hardware and software support contracts
• Review quotes and contract terms and conditions
• Work with technical team leads to ensure all pending contract renewals are completed in a timely fashion
• Keep all contract documentation up to date
• Assist in completion of RFP for new requirements as appropriate
• Management of relationships with external suppliers
• Budget Management and Analysis
• Cost Optimisation
• Software Asset Management
• Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training.
• When dealing with all customers, clients or colleagues ensure that we provide a clear, fair and consistent high quality service that presents a professional and positive image of CMC Markets.
• Take all reasonable steps to ensure appropriate confidentiality.
• Undertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this role.

What we are looking for:

• Proven experience in a procurement role within Finance and/or IT.
• Strong background in budgeting, forecasting, and cost tracking.
• Experience managing vendors and supplier relationships.
• Ability to operate both strategically and hands-on in a fast-paced environment.
• Nice to have Experience managing and negotiating contracts.
• Exposure to technology suppliers and software/hardware procurement.
• Experience benchmarking costs and contracts.
• Financial services sector experience.

CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.

CMC Markets is one of the world's first ever fin-tech companies and was launched in 1989 to break down the barriers of financial trading and make trading accessible to everyone. Our mission is to use our award-winning, Next Generation trading platform and unparalleled client service to empower millions of people to have the best trading experience out there. Our clients can trade on thousands of instruments using the best technology, supported by sophisticated charting, competitive pricing and automated execution. We're trusted by investors globally, but also by banks, brokers, funds and trading desks through our top-tier liquidity institutional offering, enabling these businesses to expand into new markets and increase revenue potential. We were recently listed on the FTSE250, and our business continues to go from strength to strength as we continue to invest in our technology and our people.