Procurement Analyst

Procurement Analyst

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support global procurement strategy across various categories and drive commercial value.
  • Company: Join BlueCrest, a leading firm with a commitment to inclusivity and innovation.
  • Benefits: Permanent position with opportunities for growth in a dynamic environment.
  • Why this job: Make an impact by optimising procurement processes in a global setting.
  • Qualifications: Strong negotiation skills and experience in procurement across multiple categories.
  • Other info: Collaborative culture with a focus on strategic thinking and operational excellence.

The predicted salary is between 36000 - 60000 £ per year.

Overview

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.

Role Details

  • Role Title: Procurement Analyst
  • Department: Procurement
  • Location: London
  • Employment type: Permanent

Role Description

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.

Responsibilities

  • 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.

Qualifications

  • 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.

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Procurement Analyst employer: BlueCrest Capital Management

BlueCrest is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within its London office. As a Procurement Analyst, you will benefit from a global perspective, engaging with diverse teams across multiple locations while enjoying opportunities for professional growth and development in a supportive environment. The company prioritises inclusivity and provides equal opportunities, making it a rewarding place to build your career.
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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 common procurement scenarios. Think about how you'd handle negotiations or manage supplier relationships. We want to see your analytical mindset in action!

✨Tip Number 3

Showcase your commercial acumen! Be ready to discuss past experiences where you drove value through procurement. We love hearing about real-life examples that demonstrate your skills.

✨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 you're serious about joining the BlueCrest team.

We think you need these skills to ace Procurement Analyst

Commercial Acumen
Negotiation Skills
Contract Management
Procurement Strategy
Stakeholder Engagement
Supplier Due Diligence
ERP System Management
Project Management
End-to-End Procurement Processes
Analytical Mindset
Relationship Building
Operational Excellence
CIPS Qualification

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the Procurement Analyst role. Highlight your experience in procurement, especially across multiple categories like Technology and HR. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your commercial acumen and analytical mindset. Tell us why you're excited about the role and how you can contribute to our Global Procurement Strategy.

Showcase Your Negotiation Skills: Since this role involves leading negotiations, be sure to include examples of successful negotiations or contract tendering from your past experiences. We love seeing how you've driven commercial value in previous roles!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Don’t miss out!

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 complex needs and delivered effective solutions. This will demonstrate your ability to handle the diverse requirements across different departments.

✨Highlight Your Negotiation Successes

Since the role involves leading commercial negotiations, come armed with examples of successful negotiations you've conducted. Share details about the challenges you faced and how you overcame them to drive commercial value, which is crucial for this position.

✨Build Rapport with Stakeholders

Emphasise your experience in building relationships with internal stakeholders and external suppliers. Prepare to discuss how you’ve collaborated with teams like Finance and Legal to ensure compliance and operational excellence, as this is key to succeeding in a cross-category environment.

Procurement Analyst
BlueCrest Capital Management
Location: City of London

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