Procurement specialist

Michael Page (UK); London; On-site; GBP 50,000 - 65,000; Full time

Job summary

A leading financial services company is seeking a Procurement Specialist to develop strategic procurement processes and manage supplier relationships. The role offers a competitive salary, generous holiday allowance, and a collaborative culture. Ideal candidates will have a degree in a relevant field and proven procurement experience.

Benefits

Competitive salary starting at £50,000

Generous holiday allowance of 27 days + bank holidays

Opportunity to earn a 10% annual bonus

Supportive and collaborative company culture

Qualifications

• Proven experience in procurement and supplier relationship management.
• Prior IT procurement experience is key.

Responsibilities

• Develop and implement strategic procurement processes.
• Manage relationships with suppliers and negotiate contracts.
• Oversee the procurement & supply chain department's budget.

Skills

Negotiation

Communication

Analytical Abilities

Problem Solving

Team Leadership

Education

Degree in Business

Degree in Economics

Degree in Procurement

Tools

Procurement Software

Job description

• Work on the cutting edge of innovation in the financial services industry.
• Be part of a growing company and learn & develop from a leading team.

About Our Client

Our client is a well-established large organisation within the financial services sector. They are known for their commitment to innovation and are at the forefront of shaping the financial landscape.

Job Description

• Develop and implement strategic procurement processes within the organisation.
• Manage relationships with suppliers and negotiate contracts to ensure value for money.
• Collaborate with internal stakeholders to understand their procurement needs.
• Undertake large sourcing projects.
• Oversee the procurement & supply chain department's budget and spending.
• Ensure compliance with industry and company procurement standards and regulations.
• Identify and manage risks within the procurement & supply chain process.
• IT procurement experience is key due to the nature of the business.
• Monitor market trends and make procurement recommendations based on these insights.
• Drive continuous improvement within the procurement & supply chain department.

The Successful Applicant

A successful Procurement Specialist should have:

• A degree in Business, Economics, Procurement or a related field.
• Proven experience in procurement and supplier relationship management within the financial services industry.
• Excellent negotiation and communication skills.
• Experience in project procurement and large sourcing projects.
• Strong analytical abilities and problem-solving skills.
• Prior IT procurement experience.
• A good understanding of procurement software and tools.
• An ability to work well in a team and to lead and motivate others.

What's on Offer

• A competitive salary starting at £50,000.
• Generous holiday allowance of 27 days + bank holidays.
• The opportunity to earn a 10% annual bonus.
• A supportive and collaborative company culture.

We encourage all suitable candidates to apply for this exciting opportunity to work as a Procurement Specialist. If you are looking to make a significant contribution to a leading financial services company, this is the role for you.