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- Tasks: Lead sourcing strategies and manage supplier relationships in a dynamic team.
- Company: Join a forward-thinking financial services firm focused on innovation and improvement.
- Benefits: Enjoy a competitive salary, hybrid work model, and opportunities for professional growth.
- Why this job: Be part of a new team, drive cost savings, and make a real impact in procurement.
- Qualifications: Experience as a Procurement or Category Manager in financial services is essential.
- Other info: Work 3 days a week in London, perfect for balancing studies and career.
The predicted salary is between 68000 - 95000 £ per year.
The Procurement Manager will create and execute sourcing strategies and oversee supplier relationships. You will be joining a newly created team providing a great opportunity to gain broad indirect category exposure along with being integral to the maturing and improvement of the function.
- Develop and apply sourcing strategies to improve processes and drive cost savings.
- Collaborate with teams to create sourcing plans that meet business needs.
- Analyse and report on procurement metrics to track performance and savings.
- Monitor market trends and supplier performance to manage risks and opportunities while ensuring compliance.
- Build and maintain strong relationships with key suppliers.
- Manage supply chain risks and develop contingency plans.
- Promote continuous improvement and innovation with suppliers.
- Support supplier development programmes and benchmark against industry standards.
To be considered:
- Procurement Manager / Category Manager within financial services.
- Proven record of achieving cost savings and enhancing supplier performance.
- Strong analytical skills.
- Can work collaboratively with cross-functional teams and stakeholders.
On Offer: £80,000 - £95,000. Hybrid: 3 days / week in London.
Procurement Manager - Financial Services employer: JSS Search
Contact Detail:
JSS Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager - Financial Services
✨Tip Number 1
Familiarise yourself with the latest trends in procurement within the financial services sector. Understanding current market dynamics and innovations will not only help you during interviews but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 2
Network with professionals in procurement and financial services. Attend industry events or join relevant online forums to connect with others in the field. This can provide valuable insights and potentially lead to referrals that could strengthen your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've achieved cost savings and improved supplier performance in your previous roles. Having concrete metrics and success stories ready will showcase your expertise and make you a standout candidate.
✨Tip Number 4
Research StudySmarter's values and culture, as well as our approach to procurement. Tailoring your conversation to align with our mission and demonstrating how you can contribute to our goals will make a strong impression during the interview process.
We think you need these skills to ace Procurement Manager - Financial Services
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience as a Procurement Manager or Category Manager within financial services. Emphasise your proven record of achieving cost savings and enhancing supplier performance, as these are key requirements for the role.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of sourcing strategies and how you have successfully implemented them in previous roles. Mention specific examples of how you've collaborated with cross-functional teams to meet business needs.
Highlight Analytical Skills: Since strong analytical skills are essential for this position, include examples of how you've used data to track procurement metrics, manage risks, and identify opportunities for cost savings in your application.
Showcase Relationship Management: Discuss your experience in building and maintaining strong relationships with suppliers. Highlight any initiatives you've led that promoted continuous improvement and innovation, as this aligns with the company's goals.
How to prepare for a job interview at JSS Search
✨Showcase Your Sourcing Strategies
Be prepared to discuss specific sourcing strategies you've developed in the past. Highlight how these strategies led to cost savings and improved supplier performance, as this will demonstrate your capability to meet the role's requirements.
✨Emphasise Analytical Skills
Since strong analytical skills are crucial for this position, come equipped with examples of how you've used data to track procurement metrics and drive decisions. This will show your potential employer that you can effectively analyse and report on performance.
✨Demonstrate Collaborative Experience
Collaboration is key in this role, so be ready to share experiences where you've worked with cross-functional teams. Discuss how you managed relationships and aligned sourcing plans with business needs to achieve common goals.
✨Stay Informed on Market Trends
Research current market trends and supplier performance in the financial services sector. Being knowledgeable about the industry will not only impress your interviewers but also show that you're proactive in managing risks and opportunities.
