At a Glance
- Tasks: Lead global procurement strategy and manage vendor relationships to drive cost savings.
- Company: Join Apex Group, a leading fund administration provider with a global presence.
- Benefits: Competitive salary, training opportunities, and a dynamic work environment.
- Why this job: Make a real impact in a fast-paced, innovative team while shaping procurement strategies.
- Qualifications: Experience in procurement leadership and strong negotiation skills required.
- Other info: Be part of a diverse team and enjoy excellent career growth opportunities.
The predicted salary is between 72000 - 108000 ÂŁ per year.
The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers. Our business is unique in its ability to reach globally, service locally and provide crossâjurisdictional services. With our clients at the heart of everything we do, our hardâworking team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.
Position Summary
The Global Procurement Director will be responsible for defining and executing Apex's global procurement strategy across all regions and categories, with a strong focus on technology, professional services, and operational spend. Role will be responsible for overseeing all purchasing activities, managing vendor relationships, and implementing bestâinâclass procurement policies and systems. This role is critical in ensuring the efficient acquisition of goods and services, driving cost savings, mitigating supply chain risks, and supporting the company's overall strategic objectives. This position plays a critical role in ensuring cost optimisation, regulatory compliance, and risk management while enabling digital transformation and supporting strategic business objectives.
Key Responsibilities
- Strategy & Leadership
- Develop, implement, and manage a global/regional procurement strategy that aligns with the company's financial and operational goals and regulatory requirements.
- Lead, mentor, and develop the procurement team, fostering a culture of high performance, collaboration, and continuous improvement.
- Establish and monitor key performance indicators (KPIs) for the procurement function, focusing on cost reduction, quality, and supplier performance.
- Establish procurement policies, standards, and governance frameworks to ensure compliance across all jurisdictions.
- Sourcing & Category Management
- Direct all strategic sourcing activities across all categories.
- Conduct complex negotiations with key suppliers to secure optimal terms, quality, service levels, and pricing.
- Oversee the Request for Proposal (RFP) process, ensuring rigorous and objective supplier evaluation and selection.
- Implement best practices in spend analysis and category management to identify and realise costâsaving opportunities.
- Risk & Compliance
- Develop robust supplier risk management protocols to ensure continuity of supply and compliance with all relevant regulations and ethical standards.
- Ensure all procurement activities adhere to internal controls, company policies, and external regulatory requirements.
- Ensure compliance with financial services regulations (FCA, SEC, GDPR, SOX) and internal risk frameworks.
- Oversee thirdâparty risk management programs, including due diligence, ongoing monitoring, and remediation plans.
- Manage the contract lifecycle, ensuring favourable terms and conditions are maintained with all critical vendors.
- Collaborate with Legal, Risk, and Compliance teams to mitigate operational and reputational risks.
- System & Process Improvement
- Identify, evaluate, and implement procurement technologies (e.g., P2P systems, eâSourcing tools) to enhance efficiency and transparency.
- Drive dataâdriven decisionâmaking through spend analysis and predictive modelling.
- Streamline and standardise procurement processes across all business units.
- Drive the adoption of sustainable and ethical sourcing practices throughout the supply chain.
- Cost Optimization & Value Creation
- Deliver cost savings and operational efficiencies through strategic sourcing, category management, and supplier consolidation.
- Implement performance metrics and KPIs to measure procurement effectiveness and supplier performance.
- Stakeholder Engagement
- Act as a trusted advisor to senior leadership on procurement strategy, risk, and cost optimisation.
- Build strong relationships with internal stakeholders across Finance, Operations, IT, and Legal to ensure alignment and collaboration.
Education
- Bachelor's degree in Business, Finance, Supply Chain, or related field.
- Extensive experience in procurement or supply chain management, with at least 5 years in a global leadership role within financial services.
- Proven track record in strategic sourcing, contract negotiation, and supplier relationship management.
- Strong financial acumen and ability to interpret complex data for decisionâmaking.
- Proficiency in procurement systems and digital tools.
- MCIPS or equivalent professional designation preferred.
What you will expose
- Be part of a dynamic and fastâpaced team that makes a genuine impact on the success of the entire organisation.
- Opportunity to work with a diverse, agile, and global team.
- Exposure to all aspects of the business, crossâjurisdiction.
- A genuinely unique opportunity to be part of an expanding large global business.
- Competitive remuneration in line with skills and experience.
- Training and development opportunities.
Disclaimer
Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.
Global Head of Procurement in London employer: Apex Group Ltd (UK Branch)
Contact Detail:
Apex Group Ltd (UK Branch) Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Global Head of Procurement in London
â¨Tip Number 1
Network like a pro! Reach out to connections in the procurement field, attend industry events, and join relevant online groups. You never know who might have the inside scoop on job openings or can put in a good word for you.
â¨Tip Number 2
Prepare for interviews by researching Apex Group thoroughly. Understand their procurement strategies and be ready to discuss how your experience aligns with their goals. Show them youâre not just another candidate, but someone whoâs genuinely interested in making an impact.
â¨Tip Number 3
Practice your negotiation skills! As a Global Head of Procurement, youâll need to demonstrate your ability to negotiate effectively. Role-play scenarios with friends or mentors to build confidence and refine your approach.
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets seen by the right people. Plus, it shows youâre serious about joining the Apex team and ready to take on the challenge.
We think you need these skills to ace Global Head of Procurement in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Global Head of Procurement role. Highlight your achievements in procurement strategy, vendor management, and cost optimisation to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about procurement and how your unique skills can help us super-charge our procurement strategy. Keep it engaging and relevant!
Showcase Your Leadership Skills: As a potential leader in our team, we want to see examples of how you've mentored or developed others in your previous roles. Share specific instances where youâve fostered collaboration and high performance.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you donât miss out on any important updates!
How to prepare for a job interview at Apex Group Ltd (UK Branch)
â¨Know Your Procurement Strategies
Before the interview, brush up on the latest trends and best practices in global procurement. Be ready to discuss how you would develop and implement a procurement strategy that aligns with Apex's goals. Show them you understand the importance of cost optimisation and risk management.
â¨Demonstrate Leadership Skills
As a Global Head of Procurement, you'll need to lead and mentor a team. Prepare examples of how you've successfully developed teams in the past. Highlight your ability to foster a culture of high performance and collaboration, as this is crucial for the role.
â¨Master Negotiation Techniques
Expect to discuss your negotiation experience during the interview. Prepare specific examples where you've secured optimal terms with suppliers. This will showcase your ability to conduct complex negotiations and manage vendor relationships effectively.
â¨Showcase Your Data-Driven Approach
Apex values data-driven decision-making, so be ready to talk about how you've used spend analysis and predictive modelling in previous roles. Discuss any procurement technologies you've implemented to enhance efficiency and transparency, as this aligns with their focus on digital transformation.