At a Glance
- Tasks: Support contract management and supplier procurement to enhance community services.
- Company: Cash Access UK, dedicated to supporting communities reliant on cash.
- Benefits: Competitive salary, flexible working, and opportunities for personal growth.
- Other info: Join a collaborative team focused on positive cultural impact.
- Why this job: Make a real difference in communities while developing your career in procurement.
- Qualifications: Experience in contract management and strong communication skills required.
The predicted salary is between 40000 - 50000 £ per year.
Description
Cash Access UK’s mission is to sustain communities by supporting the millions of people and small businesses who depend on cash every day.
This shared purpose brings our colleagues together and guides the work we do.
Every role contributes to delivering the best possible outcomes for the communities we serve.
We all have the opportunity to leave a legacy with the work we do. We’re looking for talented individuals who’ll leave the organisation with a better culture than when they joined.
The role holder will work within a small team accountable for the procurement and management of suppliers within the company.
They will coordinate with stakeholders across the supply chain including the Counter Service Provider, Facilities Manager, and Participating Firms (Banks and Building Societies) to ensure the Banking Hubs and other customer solutions are operating as required on a day-to-day basis.
Requirements
- Accountabilities
- Support the Contract Manager in the delivery of the contract / supplier management framework to ensure the effective and controlled operation of the company and live solutions.
- Lead on the procurement and negotiation of lower tier contracts and location partner agreements.
- Support the Contract Manager in the procurement of new suppliers.
- Onboard new suppliers in-line with the procurement policy.
- Complete KYS and AML due diligence checks on new suppliers and monitor compliance of established suppliers
- Support Risk and Control Self-Assessment through control testing.
- Strong collaboration with and management of supply chain to ensure adherence to contractual obligations.
- Coordinate supplier governance forums and associated administration.
- Support the review of supplier performance data to identify improvement opportunities and drive actions to enhance customer service.
- Support the Contract Manager with the management of the solutions budget, including: reviewing and validating supplier invoices and collaborating with third party suppliers to drive cost efficiencies.
- Document, manage and mitigate risks associated with the operation.
- Capabilities/skills
- Experience and knowledge of contract / supplier management discipline essential.
- Experience and knowledge of procurement practices with regards to third parties / outsourced operations.
- Experience in working in an operational environment desirable.
- Excellent written and verbal communication skills with an ability to develop and maintain strong relationships.
- High-level of attention to detail.
- Excellent organisational skills.
- Keeps calm under pressure.
- A self-starter who is comfortable working in a team or on their own as required.
- Comfortable with ambiguity; flexible and comfortable with demands and expectations prone to changing daily.
Contract Analyst employer: Cash Access UK
Cash Access UK is an exceptional employer that fosters a collaborative and purpose-driven work culture, where every team member plays a vital role in supporting communities reliant on cash. With a strong focus on employee growth, we offer opportunities for professional development and the chance to make a meaningful impact through your work. Located in a dynamic environment, our team thrives on innovation and teamwork, ensuring that you will leave a legacy of positive change during your time with us.
StudySmarter Expert Advice🤫
We think this is how you could land Contract Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Cash Access UK. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Contract Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Cash Access UK.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Cash Access UK's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Cash Access UK
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Cash Access UK.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Cash Access UK will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Cash Access UK employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
