Procurement Manager

• Join one of the largest financial institutions in the UK.
• Development plan from day 1 to help you reach senior manager in 2 years.

About Our Client

This opportunity is within a large organisation in the financial services industry, known for its focus on operational excellence and strategic procurement practices. The company provides a well-structured and supportive environment to enable employees to excel in their roles. Along with heavily investing in the continuous training and development of the team.

Job Description

• Develop and implement procurement strategies to meet business objectives.
• Negotiate contracts with suppliers to ensure value for money and quality standards.
• Monitor supplier performance and manage relationships to ensure compliance and efficiency.
• Analyse market trends to identify cost-saving opportunities and mitigate risks.
• Lead contract negotiations and sourcing arrangements up to £5m in value.
• Collaborate with internal stakeholders to align procurement activities with organisational goals.
• Ensure compliance with industry regulations and company policies within the procurement process.
• Prepare and present reports on procurement activities to senior management.
• Lead and mentor a team to achieve procurement objectives effectively.

The Successful Applicant

A successful Procurement Manager should have:

• Experience in procurement/category management within the professional services category, ideally in the financial/asset management sector.
• A strong understanding of contract negotiation and supplier management.
• Knowledge of procurement regulations and industry compliance standards.
• Excellent analytical skills to assess market trends and cost-efficiency opportunities.
• Proven leadership skills to manage and develop a team effectively.
• Relevant educational qualifications in business, supply chain, or a related field.

What's on Offer

• A competitive salary from £50,000 with room for flexibility, depending on experience.
• An attractive benefits package, including a 14% pension contribution and a 9% annual bonus.
• Generous holiday allowance of 29 days, plus bank holidays.
• An opportunity to work within a large organisation in the professional servies industry.
• A permanent position with excellent opportunities for professional growth and advancement.

If you're ready to take the next step in your career as a Procurement Manager, apply today to join an organisation that values expertise and innovation in procurement.