At a Glance
- Tasks: Conduct independent assurance reviews and improve procurement outcomes.
- Company: Join a leading organisation focused on procurement governance.
- Benefits: Competitive salary, bonus potential, hybrid working, and excellent benefits.
- Other info: Dynamic role with opportunities for continuous improvement and career growth.
- Why this job: Make a real impact on high-value procurement strategies and governance.
- Qualifications: Experience in procurement and strong stakeholder engagement skills.
The predicted salary is between 55000 - 67000 £ per year.
Procurement Risk & Assurance Manager (PRAM)Location
Have you got what it takes to succeed The following information should be read carefully by all candidates.
- Milton Keynes (Hybrid Working) - Flexible Location Considered
- Salary
- £55,000 - £67,000 + Bonus (up to 10%) + Excellent Benefits
About the Role
We are seeking an experienced procurement professional to join our Procurement Risk & Assurance team as a Procurement Risk & Assurance Manager (PRAM).
This role sits at the heart of procurement governance, providing independent assurance and constructive challenge across a portfolio of high-value, high-risk procurement and supplier management activities.
Working alongside Category, Sourcing and Supplier Management teams, you will review procurement strategies, commercial recommendations and contract decisions to ensure they align with governance requirements, best practice and regulatory obligations.
You will play a critical role in helping the organisation deliver value for money, manage commercial risk effectively and maintain robust procurement controls across some of the UK's largest and most complex procurement programmes.
This is an excellent opportunity for an experienced procurement practitioner who enjoys stakeholder engagement, governance and strategic review work rather than hands-on tender delivery.
Key Responsibilities
- Conduct independent assurance reviews across the end-to-end procurement lifecycle, including category strategies, sourcing activities and supplier management outputs.
- Review and challenge procurement documentation, strategies and award recommendations to ensure compliance with governance requirements and commercial best practice.
- Provide written and verbal assurance feedback to procurement teams and key stakeholders.
- Assess procurement activity against financial, contractual, regulatory, commercial and reputational risk considerations.
- Support the delivery of a risk-based assurance framework across Commercial & Procurement activities.
- Work with Category, Sourcing and Supplier Management teams to improve procurement outcomes and controls.
- Facilitate assurance reviews within agreed timescales to enable procurement activity to progress efficiently.
- Coordinate and support assurance activities involving specialist Subject Matter Experts where required.
- Undertake compliance reviews and audits, identifying opportunities for continuous improvement.
- Promote best practice across procurement and supplier management activities.
- Support commercial risk management and governance awareness through coaching, guidance and stakeholder engagement. xgikmsk
- Contribute to the ongoing development of assurance processes, frameworks and methodologies.
About You
We're looking for a commerc...
Procurement Risk & Assurance Manager in Walton employer: 1st Executive Ltd Careers
As a leading employer in the procurement sector, we offer a dynamic work environment that fosters collaboration and innovation. Our hybrid working model allows for flexibility while maintaining strong team connections, and we are committed to employee growth through continuous professional development opportunities. Join us to be part of a forward-thinking organisation that values strategic thinking and empowers you to make impactful decisions in a complex procurement landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Risk & Assurance Manager in Walton
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like 1st Executive Ltd Careers.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement Risk & Assurance Manager in Walton
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to 1st Executive Ltd Careers:Your cover letter should read like you’re chatting directly to 1st Executive Ltd Careers. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like 1st Executive Ltd Careers.
How to prepare for a job interview at 1st Executive Ltd Careers
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at 1st Executive Ltd Careers!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at 1st Executive Ltd Careers. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into 1st Executive Ltd Careers's culture.
