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- Tasks: Become the go-to person for managing vendor relationships and software procurement.
- Company: Join a leading global hedge fund known for its innovative approach and market impact.
- Benefits: Enjoy a competitive salary, significant bonuses, and one of the best benefits packages in London.
- Why this job: Be part of a dynamic team, drive process improvements, and make a real impact across the fund.
- Qualifications: 2-5 years in data or procurement; strong communication and stakeholder engagement skills required.
- Other info: Opportunity for growth and ownership of key vendor relationships in a fast-paced environment.
The predicted salary is between 52000 - 78000 £ per year.
My client, a global, market leading hedge fund, are looking to make a high priority, newly created hire for their London based Vendor Management team. The hire will be trained to take on a global remit and act as a main point of contact and chief liaison between the fund and 3rd party software and technology providers (a selection of which he/she will eventually go on to take ownership for).
The role will sit in a centralized vendor management function based in London, but will have coverage of vendor management and IT procurement across all jurisdictions that the fund operates in. The individual hired into this role will be working with teams across the entire fund including investment team heads / traders, technology, compliance and business management.
You will actively work with key stakeholders internally and externally on managing contracts (renewals, adjustments and negotiations), building relationships with and onboarding new software vendors and help improve BCP and connectivity for employees in all jurisdictions.
This role will include project work whereby you will be working on constant process improvement, mapping potential changes in market vendors and leading the process of implementing new software/technology to be used by teams across the fund.
Ideal candidates should have 2-5 years of experience working in ‘data’ or procurement. Any experience with 3rd party vendor relationship management, IT procurement, contract renewals or licensing is advantageous. Very strong communication, presentation and stakeholder engagement skills are crucial. It would be helpful for a candidate to have a degree / solid academics in a relevant field.
My client are budgeting a year one £65-85k base salary (essentially ensuring that the successful hire will have a very attractive step up on his/her current base salary) + a significant bonus percentage for a top performer. The firm offer one of the best benefits packages in the London hedge fund space.
Procurement Analyst - Global Hedge Fund - 65-85k base + Large Bonus employer: Mondrian Alpha
Contact Detail:
Mondrian Alpha Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Analyst - Global Hedge Fund - 65-85k base + Large Bonus
✨Tip Number 1
Familiarise yourself with the hedge fund industry and its specific procurement needs. Understanding the nuances of vendor management in a financial context will help you stand out as a knowledgeable candidate.
✨Tip Number 2
Network with professionals already working in procurement roles within hedge funds or similar industries. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Brush up on your negotiation skills, as this role involves managing contracts and vendor relationships. Consider taking a short course or workshop that focuses on negotiation tactics specific to procurement.
✨Tip Number 4
Prepare to demonstrate your communication and stakeholder engagement skills during interviews. Think of examples from your past experience where you've successfully managed relationships or led projects, as these will be crucial for this role.
We think you need these skills to ace Procurement Analyst - Global Hedge Fund - 65-85k base + Large Bonus
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement, vendor management, and data analysis. Use keywords from the job description to demonstrate that you meet the specific requirements of the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the hedge fund industry and your ability to manage vendor relationships. Mention any specific experiences that align with the responsibilities outlined in the job description.
Highlight Communication Skills: Since strong communication and stakeholder engagement skills are crucial for this role, provide examples in your application that demonstrate your ability to effectively liaise with various teams and external vendors.
Showcase Project Management Experience: If you have experience in project work or process improvement, be sure to include this in your application. Highlight any successful projects you've led or contributed to, especially those related to technology implementation or vendor management.
How to prepare for a job interview at Mondrian Alpha
✨Understand the Role
Make sure you have a clear understanding of the Procurement Analyst role and its responsibilities. Familiarise yourself with vendor management, IT procurement, and contract negotiations, as these will be key topics during your interview.
✨Showcase Your Experience
Prepare to discuss your previous experience in data or procurement, especially any work related to 3rd party vendor management. Highlight specific examples where you've successfully managed contracts or improved processes.
✨Demonstrate Strong Communication Skills
Since this role requires excellent communication and stakeholder engagement skills, practice articulating your thoughts clearly. Be ready to explain how you've effectively communicated with various teams in past roles.
✨Research the Company
Take the time to research the hedge fund and its operations. Understanding their market position and the technology they use will help you ask insightful questions and show your genuine interest in the role.
