Senior Procurement Specialist
Senior Procurement Specialist

Senior Procurement Specialist

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead sourcing and manage vendor relationships for corporate services at Avaloq.
  • Company: Avaloq is a leading provider of wealth management technology, with a global presence and innovative culture.
  • Benefits: Enjoy hybrid working, flexible hours, and a supportive work environment that values diversity.
  • Why this job: Join a mission-driven team shaping the financial ecosystem while developing your career with top financial institutions.
  • Qualifications: Strong background in sourcing, negotiation, and project management; analytical skills are a must.
  • Other info: We embrace diversity and promote an inclusive culture where everyone can be their authentic self.

The predicted salary is between 43200 - 72000 £ per year.

Company Description

Founded and headquartered in Switzerland, Avaloq is continuously expanding its global footprint with around 2,500 colleagues in 12 countries, and more than 170 clients in 35 countries. We are an industry-leading provider of wealth management technology and services for financial institutions around the world, including private banks and wealth managers, investment managers, as well as retail and neo banks. Our research led approach and continual innovation is powered by the passion and creativity of our colleagues.

We are always looking for talented people to join us on our mission to orchestrate the financial ecosystem and democratize access to wealth management. Avaloq offers the opportunity to work closely with some of the world’s leading financial institutions as we jointly develop and shape careers. Championing a collaborative, supportive and flexible work environment empowers our colleagues to reach their full potential.

Job Description

Your team

You will be responsible for the supply of all Third Party products and services consumed by Avaloq for its own operations and report directly to the global Head of Vendor Management. In collaboration with other specialist teams you define Vendor engagement strategies, drive sourcing and orchestrate purchasing activities for Avaloq globally for the Corporate Services category.

Your key tasks

  • Lead sourcing of all corporate service categories, including real estate & facility management, marketing, HR, corporate IT, and professional services
  • Define and manage the category strategies ensuring alignment with business goals, delivery quality, and cost-efficiency targets
  • Own relationships to major providers, foster strategic collaboration, and mitigate risks
  • Leverage procurementprocesses to ensure transparency, compliance, and efficiency
  • Identify and drive opportunities for cost optimization / process improvement
  • Collaborate with internal stakeholders (up to C-level) to understand business needs and align corporate services accordingly
  • Ensure compliance with internal policies and external regulations

Qualifications

  • Strong proven track record of sourcing & procurement, negotiation, contracting, and/or business partner management
  • Strong analytical skills and ability to work with data and digital tools
  • Excellent organizational and project management capabilities, with the ability to handle multiple priorities under pressure
  • Proactive mindset with a focus on continuous improvement and efficiency

It would be a real bonus if you have:

  • Experience in working with a bank and or software company
  • Knowledge of Operational resilience- and AI-regulations
  • Experience with ESG and compliance tools

Additional Information

We realize that managing work life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work life balance and still continue our fantastic Avaloq culture in our global offices.

In Avaloq we are proud to embrace diversity and understand the success of our business is built on the power of different opinions, we are whole heartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self.

We hire, compensate and promote regardless of origin, age, gender identity, sexual orientation or any other fantastic traits that make us all unique, we have done our best to write this advert in an inclusive and neutral way.

Please be aware that we will not accept speculative CV submissions for any of our roles from recruitment agencies, and any unsolicited candidate submissions will be exempt from any payment expectations.

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Senior Procurement Specialist employer: Avaloq

Avaloq is an exceptional employer that champions a collaborative and inclusive work culture, offering flexible and hybrid working arrangements to support work-life balance. With a strong focus on employee growth and development, Avaloq empowers its colleagues to thrive in their careers while working alongside leading financial institutions globally. The company's commitment to diversity and innovation makes it a rewarding place for professionals seeking meaningful contributions in the wealth management technology sector.
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Contact Detail:

Avaloq Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Procurement Specialist

✨Tip Number 1

Familiarise yourself with the latest trends in procurement and vendor management, especially within the financial services sector. Understanding how companies like Avaloq leverage technology and data analytics in their procurement processes can give you a significant edge during discussions.

✨Tip Number 2

Network with professionals in the procurement field, particularly those who have experience in corporate services or have worked with banks and software companies. Engaging with industry peers can provide insights into best practices and may even lead to referrals.

✨Tip Number 3

Prepare to discuss your experience with cost optimisation and process improvement strategies. Be ready to share specific examples of how you've successfully implemented these in previous roles, as this aligns closely with the responsibilities of the Senior Procurement Specialist position.

✨Tip Number 4

Demonstrate your understanding of compliance and regulatory frameworks relevant to procurement in the financial sector. Being knowledgeable about ESG and operational resilience regulations will show that you are well-prepared for the challenges of the role at Avaloq.

We think you need these skills to ace Senior Procurement Specialist

Sourcing and Procurement
Negotiation Skills
Contract Management
Vendor Management
Analytical Skills
Data Analysis
Project Management
Organisational Skills
Cost Optimisation
Process Improvement
Stakeholder Engagement
Compliance Knowledge
Risk Mitigation
Proactive Mindset
Understanding of Corporate Services

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Senior Procurement Specialist position. Tailor your application to highlight relevant experience in sourcing, procurement, and vendor management.

Craft a Compelling CV: Your CV should clearly showcase your strong track record in procurement and negotiation. Use specific examples of past achievements that demonstrate your analytical skills and project management capabilities.

Write a Tailored Cover Letter: In your cover letter, express your enthusiasm for Avaloq and the role. Highlight how your proactive mindset and focus on continuous improvement align with the company's goals. Mention any relevant experience with banks or software companies if applicable.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail and professionalism, which are crucial in procurement roles.

How to prepare for a job interview at Avaloq

✨Understand the Company and Its Culture

Before the interview, take some time to research Avaloq's mission, values, and work culture. Understanding their commitment to diversity and innovation will help you align your answers with what they value in a candidate.

✨Showcase Your Procurement Expertise

Be prepared to discuss your previous experience in sourcing and procurement. Highlight specific examples where you've successfully negotiated contracts or improved processes, as this will demonstrate your capability for the Senior Procurement Specialist role.

✨Prepare for Analytical Questions

Given the emphasis on analytical skills in the job description, expect questions that assess your ability to work with data. Be ready to discuss how you've used data to drive decisions or improve efficiency in past roles.

✨Engage with Stakeholders

Since the role involves collaboration with internal stakeholders, think of examples where you've worked with different teams or C-level executives. Discuss how you managed relationships and aligned services with business needs to show your collaborative approach.

Senior Procurement Specialist
Avaloq
A
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