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- Tasks: Lead procurement projects and build relationships with key stakeholders in a dynamic environment.
- Company: Join a growing PE/Investment Management firm focused on developing a new Procurement function.
- Benefits: Enjoy a competitive salary, big bonuses, and excellent benefits with flexible working options.
- Why this job: Be part of an exciting greenfield project that adds real value to the business.
- Qualifications: Experience in Professional Services Procurement, ideally within financial services or private equity.
- Other info: Applicants must have valid UK Right to Work.
The predicted salary is between 48000 - 64000 £ per year.
This position is no longer open for applications.
Salary: Up to £80K + BIG Bonus + Excellent Benefits
Location: London (3-4 Days p/w in office)
Are you a Professional Services Procurement Manager with experience gained in greenfield/start-up Procurement functions across Financial Services? This role offers a fantastic opportunity to play a key part in the development of a Greenfield Procurement function, alongside a newly appointed Head of Procurement, for a PE/Investment Management firm.
Key to your success in this role will be the ability to develop key stakeholder relationships with the CxO community, positioning Procurement as a value-add business partner. Ultimately, you will be tasked with driving commercial value across a broad range of business-critical Procurement projects - supporting the organisation's drive for commercial value across their Professional Services, Consultancy, Audit and Legal categories.
You will need to:
- Be commercially astute, financially literate and legally competent to negotiate contracts
- Have strong influencing skills and leadership, with the gravitas to negotiate credibly with suppliers and engage with the CxOs and the executive management team
- Be results-driven with a track record of achievement while adaptable in the face of adversity
- Be familiar with operating in a regulatory environment
Experience:
- Professional Services Procurement & Category Management experience
- Procurement experience in a financial services setting, with a preference for experience in private equity firms or investment managers.
- Solid understanding of procurement processes and principles, commercial and legal constructs, and financial models.
- Self-motivation, tenacity, and a focus on delivery
- Gravitas, the ability to influence stakeholders at all levels
- Ideally Degree and MCIPS qualified.
Applicants must demonstrate current & valid UK Right to Work
Professional Services Procurement Manager - £80K employer: 1st Executive Ltd
Contact Detail:
1st Executive Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Professional Services Procurement Manager - £80K
✨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience in procurement. Attend industry events or webinars to connect with potential colleagues and decision-makers who can provide insights into the role and the company culture.
✨Tip Number 2
Research the latest trends and challenges in procurement within the private equity and investment management sectors. Being knowledgeable about current issues will help you engage in meaningful conversations with stakeholders and demonstrate your expertise during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've added value in previous roles, particularly in greenfield or start-up environments. Highlight your ability to build relationships with CxOs and how you've successfully influenced procurement strategies in the past.
✨Tip Number 4
Familiarise yourself with the regulatory environment relevant to the role. Understanding compliance and legal aspects of procurement will not only boost your confidence but also show potential employers that you're well-prepared for the challenges of the position.
We think you need these skills to ace Professional Services Procurement Manager - £80K
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Professional Services Procurement and Category Management, especially within financial services. Use specific examples that demonstrate your ability to drive commercial value and develop stakeholder relationships.
Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of procurement processes and your experience in negotiating contracts. Mention your familiarity with regulatory environments and how you can add value to the organisation.
Highlight Relevant Achievements: When detailing your work history, focus on quantifiable achievements that showcase your results-driven approach. Include metrics or outcomes from previous roles that illustrate your success in procurement functions.
Showcase Soft Skills: Given the importance of influencing skills and leadership in this role, make sure to highlight instances where you've successfully engaged with CxOs or led teams. This will demonstrate your gravitas and ability to negotiate credibly.
How to prepare for a job interview at 1st Executive Ltd
✨Understand the Role and Company
Before the interview, make sure you thoroughly research the company and its procurement function. Understand their values, recent projects, and how they position themselves in the financial services sector. This knowledge will help you tailor your responses and demonstrate your genuine interest in the role.
✨Showcase Your Stakeholder Management Skills
Given the importance of developing relationships with the CxO community, prepare examples that highlight your experience in stakeholder management. Discuss specific instances where you've successfully influenced decision-makers or navigated complex negotiations to drive commercial value.
✨Demonstrate Commercial Acumen
Be ready to discuss your understanding of procurement processes, financial models, and legal constructs. Prepare to explain how you've applied this knowledge in previous roles to achieve results, especially in a regulatory environment. This will showcase your suitability for the position.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and adaptability. Think of challenges you've faced in past roles, particularly in greenfield or start-up environments, and how you overcame them. This will illustrate your results-driven mindset and tenacity.
