At a Glance
- Tasks: Support global procurement strategies across various categories and drive commercial value.
- Company: Join BlueCrest, a leading firm with a commitment to inclusivity and innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make an impact in a dynamic global setting while developing your analytical skills.
- Qualifications: Experience in procurement and strong negotiation skills are essential.
- Other info: Collaborative culture with a focus on shared goals and career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Department: Procurement
Location: London
Permanent
Overview of the Role:
The Procurement function at BlueCrest is centralised within the London office but this role is Global in nature. The successful candidate will need to support the delivery of the Firm's requirements across, London, New York, Singapore, Jersey, Geneva, Dubai and several smaller office locations.
We are looking for a proactive and commercially minded Procurement Analyst to support the delivery of our Global Procurement Strategy across the Technology, HR, Recruitment, and Facilities categories. This role requires someone with a curious and analytical mindset who can understand the diverse and sometimes complex needs across all BlueCrest departments.
You will work closely with category managers and key stakeholders to deliver best-in-class procurement solutions, drive commercial value, and ensure compliance and operational excellence in a dynamic, cross-category, global environment.
Role Requirements:
- Execute procurement activities in alignment with the Global Procurement Strategy and Category Strategies for Technology, HR, Recruitment, and Facilities.
- Provide day-to-day support to the Category Manager(s) for Technology and Facilities/General Procurement.
- Drive commercial value and apply best practices in line with a high-performing procurement function.
- Maintain and regularly review the Contract Database to ensure accuracy and compliance across all category contracts.
- Build and maintain strong relationships with internal stakeholders (Finance, Accounts Payable, Legal, Compliance) and external suppliers to enable value-driven engagements.
- Lead commercial and contractual negotiations for new requirements and contract renewals across all relevant categories.
- Ensure all supplier due diligence processes are completed in accordance with company policy.
- Manage administrative and operational procurement tasks using the company's ERP system.
Experience Required:
- Proven commercial acumen with a track record of successful negotiations and contract tendering.
- Experience managing procurement across multiple categories, ideally within a Financial Services environment.
- Strong understanding of end-to-end procurement processes and ordering systems.
- Ability to prioritise and manage multiple projects in a fast-paced environment.
- A collaborative team player, contributing to shared goals and supporting colleagues across functions.
- Strategic thinker with both commercial and operational insight, capable of identifying internal and external value opportunities.
- CIPS qualification (desirable)
BlueCrest is committed to providing an inclusive environment for its workforce. As an employer, we provide equal opportunities to all people regardless of their gender, marital or civil partnership status, race, religion or ethnicity, disability, age, sexual orientation or nationality.
Procurement Analyst employer: BlueCrest Capital Management
Contact Detail:
BlueCrest Capital Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the procurement field, especially those at BlueCrest. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by researching the company’s procurement strategies. Show us you understand our global approach and how you can contribute to our goals across various categories.
✨Tip Number 3
Practice your negotiation skills! We want to see how you handle discussions and drive commercial value. Role-play scenarios with friends or mentors to build your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team.
We think you need these skills to ace Procurement Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Procurement Analyst. Highlight your experience in procurement, especially across multiple categories like Technology and HR, and don’t forget to showcase any successful negotiations you've led!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our global procurement strategy. Share specific examples of how you've driven commercial value in past roles and how you can bring that to BlueCrest.
Showcase Your Analytical Skills: Since we’re looking for someone with a curious and analytical mindset, make sure to include examples of how you've used data to inform your procurement decisions. This will show us you can handle the diverse needs across our departments.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at BlueCrest Capital Management
✨Know Your Procurement Basics
Before the interview, brush up on your understanding of procurement processes, especially in a global context. Familiarise yourself with key terms and concepts related to Technology, HR, Recruitment, and Facilities categories, as these will likely come up during discussions.
✨Showcase Your Analytical Skills
Be prepared to discuss how you've used your analytical mindset in previous roles. Think of specific examples where you identified opportunities for cost savings or improved efficiency. This will demonstrate your ability to drive commercial value, which is crucial for the role.
✨Build Relationships Virtually
Since this role involves working closely with various stakeholders, think about how you can convey your relationship-building skills. Prepare anecdotes that highlight your experience collaborating with teams across different departments and locations, showcasing your ability to engage effectively with both internal and external partners.
✨Prepare for Negotiation Scenarios
Expect to be asked about your negotiation strategies. Prepare a couple of scenarios where you successfully negotiated contracts or managed supplier relationships. Highlight your approach to achieving win-win outcomes, as this aligns with the firm's goal of delivering best-in-class procurement solutions.