Procurement Manager in London

Procurement Manager in London

London Full-Time 63000 - 77000 £ / year (est.) No working from home possible
Absolute Recruit

At a Glance

  • Tasks: Oversee procurement activities, negotiate contracts, and manage supplier relationships.
  • Company: Leading global Fintech with a focus on innovation and growth.
  • Benefits: Competitive salary, career development opportunities, and dynamic work environment.
  • Other info: Collaborative culture with opportunities to work on cross-functional projects.
  • Why this job: Join a strategic role that drives growth and compliance in a fast-paced industry.
  • Qualifications: 5+ years in procurement management, strong negotiation skills, and financial services knowledge.

The predicted salary is between 63000 - 77000 £ per year.

Our client, a leading global Fintech, is recruiting a Procurement Manager to oversee procurement activities across the business, with a focus on supplier selection, negotiation, contract management, and ongoing performance oversight. This is a strategic role that will work closely with all departments to support their continued growth and regulatory obligations globally.

Main Responsibilities:

  • Partner with internal stakeholders across departments to identify business requirements, source solutions, and manage supplier relationships.
  • Negotiate optimal commercial terms, pricing, SLAs, and renewal terms with vendors.
  • Lead end-to-end sourcing processes from RFP through to onboarding and integration.
  • Work with legal and compliance teams to manage contracts and ensure third-party vendors meet regulatory frameworks.
  • Build and maintain strong relationships with suppliers to ensure performance and values.
  • Support cross-functional projects involving new technology rollouts or vendor integrations.
  • Manage procurement budgets across departments and track actual spend vs. budgeted spending and highlight any risks or overspend.
  • Identify areas for cost savings or contract renegotiations without compromising performance or compliance.
  • Develop and implement procurement strategies, processes and systems/tools and ensure procurement policies are adhered to across the organisation.

Skills / Experience:

  • 5+ years’ experience in procurement management within financial services, electronic trading or Fintech.
  • Good understanding of financial market infrastructure.
  • Strong commercial acumen and negotiation skills.
  • Knowledge of third-party risk management and regulatory compliance.
  • Strong stakeholder management.
  • Confident and proactive in communication with people at all levels and a good team player.
  • Ability to juggle multiple priorities in a high-growth and fast-changing environment.

Procurement Manager in London employer: Absolute Recruit

Absolute Recruit is an excellent employer for those looking to thrive in the dynamic TV production industry. With a collaborative work culture that fosters professional growth, employees benefit from hands-on experience in budgeting and forecasting, alongside clear pathways to advance into roles such as Assistant Management Accountant within just 18 months. The hybrid working model also offers flexibility, making it an attractive option for finance professionals seeking meaningful and rewarding employment.

Absolute Recruit

Contact Details:

Absolute Recruit Recruitment Team

We think you need these skills to ace Procurement Manager in London

Supplier Selection
Negotiation Skills
Contract Management
Performance Oversight
Stakeholder Management
Sourcing Processes
Regulatory Compliance