Procurement Manager

Newcastle Building Society; North East; Hybrid; GBP 45,000 - 60,000; Full time

Benefits offered by this job

Corporate bonus scheme

Pension scheme with up to 9% employer contribution

Annual performance related pay reviews

Electric car salary sacrifice scheme

Life assurance and income protection

Access to financial advisers

Discounts at high street and online stores

Private medical insurance

Employee assistance programme

Free onsite gym

Volunteering days

Cycle to work scheme

Job summary

A regional financial institution in North East England is seeking a Procurement Manager to enhance procurement and supplier management. The successful candidate will drive contract renewals, Identify cost optimisation opportunities, and collaborate with teams to deliver value effectively. This full-time role offers a competitive salary, bonus incentives, and a supportive working environment that promotes work-life balance.

Qualifications

• Experience in managing contract renewals.
• Proficient in collaboration with business owners.
• Ability to optimise existing commercial terms.

Responsibilities

• Identify and implement cost optimisation opportunities.
• Deliver procurement initiatives for new contracts.
• Manage risks across third-party arrangements.

Skills

Excellent interpersonal skills

Detailed knowledge of procurement

Professional approach

Negotiation techniques

Job description

Overview

Join to apply for the Procurement Manager role at Newcastle Building Society.

Reporting to the Group Procurement Management, you will work closely with colleagues in Technology and Data and play a key role in identifying and implementing opportunities to optimise cost across third party relationships in these categories. You will deliver procurement initiatives in respect of new contracts and maintain a proactive approach to contract renewals whilst also focusing on managing risks across third-party arrangements.

We have a bold vision for our future business and are investing in our transformation. We are committed to improving our capability across people, systems and process. This is an excellent opportunity for the successful candidate to become part of a function that strives to drive forward procurement and supplier management within the business ensuring overall risk management whilst delivering value and efficiencies.

About You

You will have excellent interpersonal skills and professional approach with a detailed knowledge of procurement within the professional services sector.

You will pro-actively manage in-year contract renewals and lead procurement activities. There is a need to collaborate with business owners to ensure contracts are renewed on time with appropriate oversight and business support in respect on new contracts. Appropriate sourcing strategies and negotiation techniques must be adopted to optimise existing commercial terms and deliver value for money.

About Us

Newcastle Building Society’s purpose is to connect communities in the North East with a better financial future.

The Procurement and Supplier Management department is a central function that provides guidance and support to the business in managing supplier relationships throughout the Supplier Lifecycle, from identification of business needs through to exit. The function maintains responsibility for agreement of new supplier relationships and supplier reviews in line with an agreed structure. It embeds a framework that ensures processes and procedures are aligned with regulatory requirements, allows for oversight of supplier risk, and drives efficiencies and cost benefits.

As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.

What do you get in return?

As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:

• Corporate bonus scheme (on target 10%, up to a maximum 15%)
• Pension scheme (up to 9% employer contribution)
• Annual performance related pay reviews
• Electric car salary sacrifice scheme
• Life assurance (4x salary) and income protection
• Access to our financial advisers
• Access to a range of high street and online discounts

Work/Life Balance

• A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
• 30 days’ annual leave + bank holidays
• The option to buy and sell up to 5 days’ holiday
• Hybrid working (typically 3 days’ home based)
• Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood

Health and Wellbeing

• Private medical insurance
• Access to a health cash plan through a Medicash scheme
• Access to an employee assistance programme
• Free onsite gym at our Cobalt head office and access to discounted gym’s
• Two paid volunteering days’ each year
• Cycle to work scheme

Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you. You can contact your Recruiter for this vacancy at [e-mail]

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Purchasing

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