Senior Procurement Manager - Indirects

1st Executive Ltd; Milton Keynes; Hybrid; GBP 65,000 - 75,000; Full time

Job summary

A top-tier UK financial institution is seeking a Category & Sourcing Manager to oversee strategic sourcing and category management. This role offers the chance to engage with senior stakeholders and lead significant sourcing initiatives. Ideal candidates have strong procurement experience and commercial acumen. This position offers hybrid work flexibility, competitive rewards, and opportunities for leadership development.

Benefits

Car allowance

Performance bonus

Excellent benefits

Leadership development

Qualifications

• Experience in strategic procurement or category management.
• Proven ability to lead cross-functional teams and sourcing events.
• Understanding of SRM principles and sourcing lifecycle.

Responsibilities

• Take ownership of strategic sourcing and category management.
• Develop multi-year strategies based on market trends.
• Lead complex sourcing initiatives to impact the cost-income ratio.
• Build relationships with internal stakeholders and suppliers.
• Ensure compliance with regulatory requirements.

Skills

Strategic procurement

Contract negotiation

Cross-functional leadership

Analytical ability

Education

CIPS qualification

Job description

£65000 - £75000 per annum + + Car Allowance + Excellent Benefits

Contact:

Contact email:

Job ref:

J692120R_1758538366

Published:

1 day ago

Expiry date:

2025-10-22

Startdate:

ASAP

Location: Milton Keynes (2 - 3 days p/w in office)
Type: Permanent | Full-time
Compensation: Up to £75K + car allowance + performance bonus + benefits

Are you an experienced procurement professional ready to step into a high-impact, high-visibility role at a top-tier UK financial institution?

A fantastic opportunity has arisen for an indirect procurement category leader to join a major player in the UK financial services sector. This role offers the chance to influence commercial strategy, drive category innovation, and be a trusted advisor to senior stakeholders - all within a regulated, complex, and fast-paced environment.

About the Role

As a Category & Sourcing Manager, you will:

Take ownership of strategic sourcing and category management across a key spend portfolio

Develop multi-year strategies based on market trends, supplier data, and commercial insights

Lead complex sourcing initiatives that materially impact the cost-income ratio

Build and maintain senior relationships with both internal stakeholders and strategic suppliers

Act as deputy to senior leadership and serve as a subject matter expert on procurement best practices

Enable supplier-led innovation and continuously improve supplier performance

Ensure full compliance with regulatory requirements and third-party risk management policies

This role sits at the core of the commercial operating model and will offer a platform to shape sourcing strategies at an enterprise level.

What You'll Bring

Experience in strategic procurement or category management

Proven ability to lead cross-functional teams and high-value sourcing events

Strong commercial acumen and contract negotiation skills

Experience advising and influencing at senior levels, including Exec

Exceptional analytical ability - translating data into strategy

A track record of delivering tangible cost and business benefits

Understanding of SRM principles, third-party risk, and end-to-end sourcing lifecycle

Ideally, CIPS qualified and with financial services experience (desirable, not essential)

Why This Role?

Access to C-suite and the opportunity to influence at strategic decision-making tables

Leadership development with a clear progression path

Hybrid working flexibility with strong work-life balance

A culture that values integrity, transparency, and innovation

Competitive total rewards and recognition for impact

To express interest or request more information, please apply, or send an e-mail to [e-mail]

***all applicants must present current and valid UK Right to Work***