Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead vendor management and procurement processes to optimise performance and compliance.
- Company: Join Allica Bank, the UK's fastest-growing fintech, dedicated to supporting SMEs.
- Benefits: Enjoy flexible working, private health cover, and a discretionary bonus scheme.
- Why this job: Be part of a dynamic team revolutionising financial services with innovative technology.
- Qualifications: 8-10 years in vendor management, ideally in financial services; strong leadership skills required.
- Other info: Diversity is valued; all backgrounds are encouraged to apply.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Vendor & Procurement Manager role at Allica Bank
1 day ago Be among the first 25 applicants
Join to apply for the Vendor & Procurement Manager role at Allica Bank
Get AI-powered advice on this job and more exclusive features.
About Allica Bank
Allica is the UK’s fastest growing company – and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech.
About Allica Bank
Allica is the UK’s fastest growing company – and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech.
Established SMEs are the backbone of local communities – representing over a third of our economy – yet have been largely neglected both by traditional high street banks and modern fintech providers.
Department Description
At Allica, we’re building an industry-leading digital business bank. Our technology team sits at the very heart of the organisation. We handle everything from new product development and innovation to the management of all the tools and systems the business uses to function efficiently and effectively.
Role Description
We are seeking an experienced and dynamic Vendor & Procurement Manager to join our growing IT Operations team at Allica Bank, a forward-thinking, technology-driven fintech bank revolutionizing the financial services industry.
As the Vendor & Procurement Manager, you will play a crucial role in overseeing and optimizing the operational performance of our third-party vendor relationships, ensuring alignment with the bank\’s strategic goals and regulatory requirements.
You will lead a team that drives operational efficiency, mitigates risks, and enhances service delivery across our vendor network, which supports core banking, payments, security, and customer service functions.
This is a high-impact role requiring strong leadership skills, a deep understanding of vendor management, and the ability to collaborate with cross-functional teams in a fast-paced, agile environment.
Principal Accountabilities
- Drive the overall vendor management strategy, providing authoritative leadership in the governance and oversight of all third-party vendor relationships, ensuring alignment with the bank’s strategic goals and regulatory requirements.
- Lead and own the procurement process, ensuring efficient, transparent, and strategic sourcing of vendors to optimise value, manage risk, and achieve business objectives.
- Develop and maintain a comprehensive vendor governance framework, embedding transparency, accountability, and regulatory compliance across all vendor-related activities.
- Oversee and manage the Vendor Management team and function, ensuring roles and responsibilities are clearly defined, and cultivating a high-performing team that consistently delivers on strategic goals.
- Lead the development of actionable insights through the production of reports and dashboards on vendor performance, operational risks, and key metrics to inform senior leadership decisions and ensure effective oversight.
- Identify and drive strategic opportunities for process improvement, innovation, and enhanced operational performance within vendor relationships, ensuring long-term value creation.
- Champion vendor compliance through regular audits and assessments, ensuring adherence to internal policies, external regulations, and industry standards.
- Review and evaluate the SOC 1 Type 2 reports to ensure robust change control processes are in place, verifying vendor compliance with contractual and operational requirements.
- Stay at the forefront of industry developments, leveraging insights into emerging technologies, regulatory changes, and best practices to inform and enhance the bank\’s vendor management strategy.
Personal Attributes & Experience
- Minimum of 8-10 years of experience in vendor management, supplier operations, or a related operational role, ideally within the financial services sector and fast-paced environments.
- Proven experience managing complex vendor relationships, with a track record of driving performance improvements, resolving operational issues, and negotiating successful contracts.
- Strong understanding of third-party regulatory requirements in the financial services sector.
- Proficient in vendor management tools (Gatekeeper preferred), contract management (including systems), and performance monitoring software.
- Certifications in Vendor Management (e.g., CPO, CPSM and CIPS) are a plus.
- Knowledge and experience in maintaining and reviewing SOC 1 Type 2 Reports, along with other certifications and disaster recovery (DR) outputs.
- Knowledge of fintech regulatory environments and compliance frameworks (e.g., PSD2, GDPR, PCI-DSS) preferred.
Working at Allica Bank
At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.
Our employees are at the heart of everything we do, so our benefits are designed with you in mind:
- Full onboarding support and continued development opportunities
- Options for flexible working
- Regular social activities
- Pension contributions
- Discretionary bonus scheme
- Private health cover
- Life assurance
- Family friendly policies including enhanced Maternity & Paternity leave
Don’t tick every box?
Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit, we’d still love to hear from you!
Flexible working
We know the ‘9-to-5’ isn’t right for everyone. That’s why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and, if we can, we will do our best to accommodate.
Diversity
We’re a diverse bunch here at Allica, with all kinds of experiences, backgrounds and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Purchasing and Supply Chain
Referrals increase your chances of interviewing at Allica Bank by 2x
Sign in to set job alerts for “Procurement Manager” roles.
Milton Keynes, England, United Kingdom 4 weeks ago
Contract Management / Procurement Specialist
Warehouse General Manager – 3PL Contract Logistics (Multi-User)
Milton Keynes, England, United Kingdom 4 hours ago
Operations Manager – 12 months Maternity Cover
Milton Keynes, England, United Kingdom 1 day ago
Milton Keynes, England, United Kingdom 3 weeks ago
Milton Keynes, England, United Kingdom 3 weeks ago
Milton Keynes, England, United Kingdom 1 week ago
Contract Management / Procurement Specialist – Milton Keynes
Milton Keynes, England, United Kingdom 1 day ago
Milton Keynes, England, United Kingdom 2 days ago
Milton Keynes, England, United Kingdom 1 hour ago
Warehouse First Line Manager | Waitrose | Milton Keynes
Great Brickhill, England, United Kingdom 19 hours ago
Milton Keynes, England, United Kingdom 4 days ago
Business Systems Product Manager – Supply Chain and Logistics
Milton Keynes, England, United Kingdom 6 days ago
Milton Keynes, England, United Kingdom 2 weeks ago
Warehouse Shift Operations Manager (Nights)
Milton Keynes, England, United Kingdom 1 week ago
Maritime Solution Owner – Engineering and Logistics
Milton Keynes, England, United Kingdom 5 days ago
Milton Keynes, England, United Kingdom 1 week ago
Milton Keynes, England, United Kingdom 3 days ago
Land / Air Solution Owner – Engineering and Logistics
Milton Keynes, England, United Kingdom 5 days ago
Milton Keynes, England, United Kingdom 3 days ago
Milton Keynes, England, United Kingdom 1 day ago
Milton Keynes, England, United Kingdom 1 week ago
Milton Keynes, England, United Kingdom 1 week ago
Milton Keynes, England, United Kingdom 2 weeks ago
Program Manager, AGL, Supply Chain – Amazon Fresh
Milton Keynes, England, United Kingdom 1 week ago
Milton Keynes, England, United Kingdom 1 day ago
Milton Keynes, England, United Kingdom 3 days ago
Milton Keynes, England, United Kingdom 1 week ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Vendor & Procurement Manager employer: Allica Bank
Contact Detail:
Allica Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vendor & Procurement Manager
✨Tip Number 1
Familiarise yourself with the latest trends in vendor management and procurement within the fintech sector. Understanding the unique challenges and opportunities in this space will help you stand out during discussions.
✨Tip Number 2
Network with professionals in the fintech industry, especially those involved in vendor management. Attend relevant events or webinars to build connections that could provide insights or referrals for your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed vendor relationships in the past. Highlight any measurable improvements you've driven, as this will demonstrate your capability to deliver results.
✨Tip Number 4
Research Allica Bank's current vendor partnerships and any recent news about their operations. This knowledge will allow you to tailor your conversation and show genuine interest in their strategic goals.
We think you need these skills to ace Vendor & Procurement Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in vendor management and procurement. Use specific examples that demonstrate your ability to drive performance improvements and manage complex vendor relationships.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Allica Bank. Mention how your background aligns with their mission to support SMEs and your understanding of the fintech landscape.
Highlight Relevant Skills: Emphasise your skills in vendor governance, compliance, and risk management. Mention any certifications you hold in Vendor Management, as well as your proficiency with vendor management tools.
Showcase Leadership Experience: Since this role requires strong leadership skills, provide examples of how you've successfully led teams in previous roles. Discuss your approach to cultivating high-performing teams and driving operational efficiency.
How to prepare for a job interview at Allica Bank
✨Understand the Role
Before the interview, make sure you thoroughly understand the responsibilities of a Vendor & Procurement Manager. Familiarise yourself with vendor management strategies and procurement processes, as well as how they align with Allica Bank's goals.
✨Showcase Your Experience
Prepare to discuss your previous experience in vendor management and procurement. Highlight specific examples where you've successfully managed vendor relationships or improved operational efficiency, especially in fast-paced environments like fintech.
✨Demonstrate Leadership Skills
As this role requires strong leadership, be ready to share instances where you've led teams or projects. Discuss how you foster collaboration and drive performance within your team, which is crucial for the Vendor Management team at Allica Bank.
✨Stay Informed on Industry Trends
Research current trends in the fintech industry, particularly regarding vendor compliance and regulatory requirements. Being knowledgeable about emerging technologies and best practices will show your commitment to staying ahead in the field.
