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Senior Procurement Manager

Procurement Heads
Posted 8 days ago, valid for 13 days
Location

London, Greater London SW1A2DX, England

Salary

£90,000 - £95,000 per annum

Contract type

Full Time

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Sonic Summary

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  • This role seeks an ambitious professional with a strong Financial Services background and understanding of FCA Regulations.
  • Key responsibilities include managing third-party suppliers, ensuring compliance, and leading contract negotiations.
  • Candidates should have proven experience in a senior procurement role within financial services and strong stakeholder management skills.
  • The position offers a salary between £90,000 and £95,000 plus a 10% bonus, with hybrid working arrangements.
  • Benefits include 25 days' holiday, private medical insurance, and a 5% company pension contribution.
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

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By applying, a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.