Senior Procurement Manager

www.topfinancialjobs.co.uk - Jobboard; London; Hybrid; GBP 90,000 - 95,000; Full time

Job summary

An established industry player is seeking an ambitious procurement professional with a strong financial services background. This exciting role involves guiding senior leadership through strategic procurement initiatives, ensuring compliance, and driving continuous improvement. With a focus on supplier management and contract negotiations, you will play a key role in enhancing the third-party supplier framework. The position offers a hybrid working model, competitive salary, and excellent benefits, including a generous bonus and private medical coverage. If you are ready to influence decision-making at the highest levels, this opportunity is perfect for you.

Benefits

25 days' holiday

Private Medical via Vitality

Health Cash Plan via Health Shield

5% company Pension contribution

10% Bonus

Qualifications

• Proven experience in a senior procurement role within financial services.
• Strong background in supplier management and contract negotiation.

Responsibilities

• Maintain and enhance the third-party supplier framework.
• Lead contract negotiations and manage supplier performance.

Skills

Supplier Management

Contract Negotiation

Procurement Compliance

Stakeholder Management

Analytical Skills

Communication Skills

Job description

Description: This is a great opportunity for an ambitious, confident, agile professional with a strong Financial Services background and a thorough understanding of FCA Regulations to guide and influence an established ExCo as they take the next step on this exciting journey.

Key Responsibilities

• Maintain, embed, and enhance the third-party supplier framework
• Ensure compliance with procurement policies and processes
• Manage third-party suppliers for performance, quality, cost, and contract obligations
• Develop strong relationships with Senior Leadership Team (SLT) members and key stakeholders
• Monitor supplier performance through regular reviews, KPIs, and SLAs
• Identify and mitigate risks to ensure business continuity
• Lead contract negotiations, renewals, and supplier onboarding
• Provide strategic advice on procurement matters to support executive decision-making
• Drive continuous improvement initiatives within the procurement function

Skills and Experience
You will be a great fit if you have:

• Proven experience in a senior procurement role within financial services.
• Strong background in supplier management, contract negotiation, and procurement compliance
• Excellent stakeholder management skills, with the ability to influence and engage at all levels
• Strong analytical and problem-solving skills, with a data-driven approach to decision-making
• Experience in driving value through a total cost of ownership approach
• Excellent communication and interpersonal skills

Benefits

• Salary: £90,000 to £95,000 + 10% Bonus
• Hybrid working: Monday Friday (37.5 hours per week)
• 25 days' holiday (rising to 28 after 3 years) plus bank holidays
• Private Medical via Vitality, Health Cash Plan via Health Shield
• 5% company Pension contribution