At a Glance
- Tasks: Support supplier management, contract governance, and commercial negotiations in a dynamic procurement team.
- Company: Join a leading firm in a regulated environment with a focus on procurement excellence.
- Benefits: Gain valuable experience, develop your career, and enjoy a supportive work culture.
- Other info: Great opportunity for growth and exposure to diverse business functions.
- Why this job: Kickstart your procurement career while making a real impact on supplier relationships and governance.
- Qualifications: Interest in procurement, strong communication skills, and attention to detail are key.
The predicted salary is between 55000 - 65000 £ per year.
As a Procurement Assistant, you will join our clients procurement team and work closely with the Procurement Manager to support supplier management, contract governance, commercial negotiations, and procurement operations across the business. This is an excellent opportunity for someone looking to develop their procurement career. You will gain exposure to supplier relationships, contract management, third-party risk management, commercial negotiations, and procurement governance while supporting a diverse range of business functions.
Operating within an FCA and PRA regulated environment, you will help ensure supplier engagements, contractual arrangements, and procurement activities align with internal policies, regulatory expectations, and commercial objectives.
What You'll Do
- Support the end-to-end management of supplier contract renewals, ensuring agreements are reviewed, negotiated, and renewed in a timely manner.
- Assist with reviewing supplier contracts, terms and conditions, and commercial agreements, working closely with Legal and key business stakeholders.
- Support supplier negotiations, preparing commercial analysis and helping secure improved pricing, contractual terms, and value from suppliers.
- Maintain procurement records, contract registers, renewal schedules, and supporting governance documentation.
- Support supplier onboarding, due diligence, and third-party risk management activities.
- Assist with monitoring supplier performance and maintaining positive supplier relationships across a diverse supplier portfolio.
- Work with stakeholders across the business to coordinate procurement activity and provide guidance on procurement processes.
- Support compliance with procurement policies, supplier governance standards, data protection requirements, and regulatory expectations.
- Contribute to the continuous improvement of procurement processes, controls, and supplier governance frameworks.
What We Are Looking For
- Exposure to working within an FCA and PRA regulated environment.
- Exposure to supplier governance frameworks, contract management processes, and third-party risk management activities.
- Previous experience within procurement, supplier management, vendor management, commercial operations, or contract administration.
- Strong commercial awareness, with an interest in supplier negotiations, relationship management, contract management, and delivering value through commercial and procurement activities.
- Excellent organisational and time management skills, with the ability to manage multiple priorities and deadlines.
- Strong stakeholder engagement and communication skills, comfortable working with colleagues at all levels of the business and confident handling supplier relationships and discussions.
- Experience reviewing contracts, commercial agreements, or supplier documentation would be beneficial.
- Exposure to tender processes, including obtaining quotes and supporting Requests for Information (RFI) and Requests for Proposal (RFP).
- Attention to detail when working with data, pricing information, and commercial analysis to support decision making.
- Proficiency in Microsoft Office, particularly Excel, Word, SharePoint, and PowerPoint.
- Interest in pursuing or working towards Chartered Institute of Procurement & Supply (CIPS) qualifications would be advantageous.
Procurement Assistant in London employer: Albany Beck
Join a dynamic procurement team where your contributions will be valued and recognised. Our company fosters a collaborative work culture that prioritises employee development, offering opportunities for growth through exposure to diverse business functions and supplier management. Located in a regulated environment, we ensure that our employees are equipped with the skills and knowledge necessary to thrive in their procurement careers while maintaining a strong focus on compliance and continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Assistant in London
✨Get into the Right Communities
Join online forums and local meetups tailored to procurement and purchasing professionals. Groups on platforms like LinkedIn can be super helpful for connecting with seasoned pros and staying updated on industry trends. It's a great way for us to learn the ropes and find out about potential job openings!
✨Leverage Your University Network
If you're still at uni or just graduated, tap into your career services! They often have connections with companies looking for entry-level procurement talent. Plus, attending career fairs can put you face-to-face with employers—like Albany Beck—who are keen to discover fresh talent.
✨Show Off Your Skills in Real-Time
Consider volunteering for projects or internships that allow you to demonstrate your procurement skills. Whether it’s managing resources for an event or helping local businesses streamline their purchasing process, these hands-on experiences can make your application stand out and show hiring managers your ability to contribute.
✨Don't Just Stick to Online Applications
While applying through our website is a must, be proactive! Reach out to potential employers directly, like Albany Beck. A polite email expressing your interest in their entry-level roles could make a memorable impression. You never know what doors might open if you take that extra step!
We think you need these skills to ace Procurement Assistant in London
Some tips for your application 🫡
Highlight Relevant Skills:For an entry-level role in procurement and purchasing, it’s super important to showcase any analytical skills, attention to detail, and organisational abilities. If you've done any projects or coursework relevant to supply chain management or procurement in your studies, make sure to mention that experience in your CV!
Show Your Passion for Procurement:Use your cover letter to express your interest in procurement and why you're excited about this specific opportunity at Albany Beck. Talk about your eagerness to learn and how you can contribute to their purchasing strategy. A little enthusiasm can go a long way!
Include Any Relevant Experience:Even if you don’t have direct procurement experience, consider including any internships, part-time jobs, or volunteer work that demonstrate your skills in negotiation, relationship building, or project management. These transferable skills are just as important for an entry-level role!
Tailor Your Application for Albany Beck:When applying, take the time to customise your CV and cover letter for Albany Beck. Mention their values and any specific procurement challenges they face that you’d love to help with. This shows not just your effort, but also your genuine interest in the role!
How to prepare for a job interview at Albany Beck
✨Get to Grips with Basic Procurement Concepts
Before your interview for the Procurement Assistant at Albany Beck, brush up on key procurement terms and processes. Knowing the difference between strategic sourcing and operational purchasing can go a long way in showcasing your knowledge and eagerness to learn!
✨Show Off Your Analytical Skills
Procurement relies heavily on analysis, so be prepared to tackle some case studies or numerical questions during your interview. Reflect on any academic projects or coursework where you've used data analysis to make purchasing decisions, as these will highlight your problem-solving skills to the interviewers.
✨Prepare for Behavioural Questions
Entry-level roles often focus on your potential rather than extensive experience. Get ready for behavioural questions that explore how you handle teamwork or problem-solving. Use the STAR method (Situation, Task, Action, Result) to structure your responses and relate them back to any group projects or internships you've done.
✨Research Current Trends in Procurement
Being up-to-date with the latest trends can set you apart as a fresh candidate eager to contribute. Familiarise yourself with sustainable sourcing practices or digital procurement technologies, and bring these up during your interview to impress the hiring team at Albany Beck with your insights!
