At a Glance
- Tasks: Support strategic sourcing and manage supplier relationships in a leading financial services organisation.
- Company: Join a respected financial services firm with a collaborative culture.
- Benefits: Hybrid working model, exposure to strategic initiatives, and a high-performing team.
- Other info: Great opportunity for career growth in a regulated environment.
- Why this job: Make an impact in procurement while developing your skills in a dynamic environment.
- Qualifications: CIPS Level 4 qualified or equivalent experience in category management.
The predicted salary is between 50000 - 60000 £ per year.
This role is a 12-month fixed-term contract with a leading financial services organisation. In this role you will support strategic sourcing activity across key business areas, mainly HR and Professional Services categories, the procurement and commercial guidance to business stakeholders, and ensure robust supplier management, regulatory compliance and operational resilience.
Key Responsibilities
- Develop and implement category strategies aligned to wider business objectives.
- Manage supplier relationships, performance reviews, SLAs and contract governance.
- Lead end-to-end sourcing and tender activity, including complex commercial negotiations.
- Review and approve third-party commercial and outsourcing contracts.
- Provide procurement and commercial guidance to business stakeholders.
- Identify cost-saving initiatives and value-add opportunities.
- Ensure compliance with internal policies and relevant regulatory requirements including FCA, PRA, and Lloyd’s standards.
- Support regulatory requests, supplier due diligence and operational resilience activities.
- Promote responsible procurement practices and company values across the business.
Skills & Experience Required
- CIPS Level 4 qualified (or working towards) or equivalent procurement experience.
- Proven experience within category management or strategic procurement in a complex or multinational environment.
- Strong background supporting HR and/or Professional Services categories.
- Excellent commercial negotiation and stakeholder management skills.
- Experience managing supplier relationships and outsourcing agreements.
- Understanding of regulatory requirements relating to material outsourcing and operational resilience.
- Experience using source-to-contract systems, ideally Workday / Workday Strategic Sourcing (WSS experience desirable).
What is on Offer
- Hybrid working model with 3 days in the City of London office.
- Opportunity to join a respected financial services organisation with a collaborative and high-performing procurement function.
- Exposure to strategic procurement initiatives within a regulated environment.
Procurement Category Manager - 12 mth FTC employer: Beaumont Select Ltd
Beaumont Select Ltd offers an exceptional working environment for the Procurement Category Manager role, situated in the vibrant City of London. With a hybrid working model and a focus on collaboration, employees benefit from exposure to strategic procurement initiatives within a respected financial services organisation. The company fosters a culture of professional growth, providing opportunities for skill enhancement and engagement in meaningful projects that align with responsible procurement practices.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Category Manager - 12 mth FTC
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field, especially those who have experience with HR and Professional Services. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company’s procurement strategies and recent projects. Show us you’re not just another candidate; demonstrate how your skills align with their goals and values.
✨Tip Number 3
Practice your negotiation skills! Since this role involves complex commercial negotiations, consider role-playing scenarios with a friend or mentor to boost your confidence and refine your approach.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Procurement Category Manager - 12 mth FTC
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Procurement Category Manager role. Highlight your experience in category management and strategic procurement, especially in HR and Professional Services. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific examples of your commercial negotiation skills and how you've managed supplier relationships in the past. Let us know why you’re excited about joining our team!
Showcase Relevant Experience:When filling out your application, make sure to showcase your relevant experience clearly. If you've worked with regulatory requirements or have experience with source-to-contract systems like Workday, shout about it! We love seeing candidates who understand the ins and outs of procurement.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values before you hit send!
How to prepare for a job interview at Beaumont Select Ltd
✨Know Your Categories
Make sure you understand the HR and Professional Services categories inside out. Research current trends, challenges, and best practices in these areas. This will help you demonstrate your expertise and show that you're ready to hit the ground running.
✨Master the Art of Negotiation
Since this role involves complex commercial negotiations, brush up on your negotiation skills. Prepare examples of past negotiations where you achieved significant cost savings or value-adds. Be ready to discuss your approach and how you handle tough conversations.
✨Showcase Supplier Management Skills
Be prepared to talk about your experience managing supplier relationships. Think of specific instances where you improved performance or resolved issues. Highlight your understanding of SLAs and contract governance to show you can maintain compliance and operational resilience.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory requirements relevant to procurement in financial services, such as FCA and PRA standards. Being able to discuss how you ensure compliance in your previous roles will set you apart as a candidate who understands the importance of regulatory frameworks.
