At a Glance
- Tasks: Lead procurement compliance, ensuring alignment with FCA and Ofgem regulations.
- Company: Join a family of brands revolutionising energy for a greener future.
- Benefits: Enjoy flexible working, generous salary, healthcare, and 25 days holiday plus more!
- Why this job: Be part of a dynamic team focused on integrity, sustainability, and personal growth.
- Qualifications: Experience in procurement or compliance, with knowledge of FCA and Ofgem regulations required.
- Other info: We prioritise your well-being and support your journey both personally and professionally.
The predicted salary is between 43200 - 72000 £ per year.
Join us, be part of more. We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We’re energisers. One team of 21,000 colleagues that’s energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels, whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That’s why working here is #MoreThanACareer.
An opportunity to play your part – As our Procurement Regulatory Manager, you'll be the driving force behind ensuring our procurement activities not only meet but surpass the rigorous standards set by the Financial Conduct Authority (FCA) and Ofgem. You’ll lead the charge in procurement governance, meticulously monitoring regulatory risks, and championing initiatives to continuously elevate our procurement practices. Your dedication will ensure we uphold the highest legal, ethical, and sustainability standards, propelling our commitment to excellence and innovation. Join us and be part of a dynamic team that thrives on integrity, sustainability, and relentless improvement.
Location: UK, Leicester (talk to us about flexible working)
The day to day:
- Lead the charge in regulatory compliance within procurement processes, ensuring seamless alignment with FCA, Ofgem, and other key regulatory bodies.
- Stay ahead of the curve by maintaining expert knowledge of relevant legislation, including ESG, ECO, Ofgem, and FCA conduct rules.
- Craft and implement cutting-edge procurement policies and procedures that not only meet but exceed regulatory requirements.
- Collaborate closely with legal, compliance, and finance teams to expertly manage the regulatory aspects of procurement contracts, risk assessments, and supplier onboarding.
- Provide stellar support during audits and ensure all necessary documentation is ready for regulatory bodies.
- Design and deliver engaging training and awareness programs for procurement and business teams on regulatory compliance.
- Work hand-in-hand with internal stakeholders to ensure procurement strategies align with the organisation’s regulatory and commercial goals.
- Keep a vigilant eye on regulatory developments and proactively advise on their implications for procurement operations.
- Take charge of all regulatory submissions, papers, and board reports for regulated third-party areas.
About You:
- Significant experience in procurement or compliance management ideally within the dynamic energy sector.
- Deep understanding of FCA regulations and Ofgem compliance obligations.
- Comprehensive knowledge of the procurement lifecycle, contract law, and supply chain risk management.
- Exceptional ability to translate complex regulatory requirements into practical procurement processes.
- Outstanding communication and stakeholder management skills.
- Academic background in Law, Business, Procurement, or a related field (CIPS qualification preferred).
- Profound knowledge of regulatory frameworks, tools, and procurement best practices.
- Expertise in third-party risk management, contract negotiations, and compliance.
What’s in it for you?
- Enjoy a generous market salary, along with fantastic growth opportunities and a vibrant work environment!
- Added Car Allowance program to make your commute and adventures even better.
- Power up your pay with a 15% Employee Energy Allowance, surpassing the government’s price cap!
- Secure your future with our comprehensive pension plan, designed for peace of mind.
- Elevate your health with our fully-funded company healthcare plan, prioritising your well-being.
- Recharge with a generous 25-day holiday allowance, plus public holidays, and even purchase up to 5 extra days for extended relaxation!
- Experience unparalleled work-life balance with an exceptional selection of flexible benefits, from tech treats and eco-friendly car leases to travel insurance for your adventures!
Why should you apply?
We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we’re a great place to work and what being part of more means for you. If you’re full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority. Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey.
Procurement Regulatory Manager employer: Centrica Plc
Contact Detail:
Centrica Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Regulatory Manager
✨Tip Number 1
Familiarise yourself with the latest FCA and Ofgem regulations. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to compliance and regulatory excellence.
✨Tip Number 2
Network with professionals in the energy sector, especially those involved in procurement and compliance. Engaging with industry peers can provide insights into best practices and may even lead to referrals for the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed procurement processes in compliance with regulations. Highlighting your past experiences will showcase your expertise and problem-solving skills.
✨Tip Number 4
Stay updated on current trends in sustainability and procurement governance. Being knowledgeable about these topics will position you as a forward-thinking candidate who aligns with our values at StudySmarter.
We think you need these skills to ace Procurement Regulatory Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement and compliance management, especially within the energy sector. Emphasise your understanding of FCA regulations and Ofgem compliance obligations.
Craft a Compelling Cover Letter: In your cover letter, express your passion for sustainability and how your skills align with the role of Procurement Regulatory Manager. Mention specific examples of how you've successfully navigated regulatory challenges in previous roles.
Showcase Your Knowledge: Demonstrate your expertise in procurement policies and procedures by discussing any relevant projects or initiatives you've led. Highlight your ability to translate complex regulatory requirements into practical processes.
Prepare for Potential Questions: Anticipate questions related to regulatory compliance and stakeholder management during the interview process. Be ready to discuss how you would approach aligning procurement strategies with regulatory and commercial goals.
How to prepare for a job interview at Centrica Plc
✨Know Your Regulations
Familiarise yourself with the FCA and Ofgem regulations before the interview. Be prepared to discuss how your experience aligns with these standards and how you can ensure compliance in procurement processes.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully collaborated with various teams, such as legal and finance, to manage regulatory aspects. Highlight your communication skills and ability to translate complex regulations into actionable strategies.
✨Demonstrate Your Knowledge of Sustainability
Since the company values sustainability, be ready to discuss how you can integrate sustainable practices into procurement. Share any relevant experiences or initiatives you've led that align with their commitment to a greener future.
✨Prepare for Scenario-Based Questions
Anticipate questions that may ask how you would handle specific regulatory challenges or compliance issues. Think through your problem-solving approach and be ready to articulate your thought process clearly.