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- Tasks: Support procurement processes and negotiate contracts with suppliers.
- Company: Join CMC Markets, a leader in financial services with a diverse culture.
- Benefits: Full-time role with competitive salary and opportunities for professional growth.
- Why this job: Make an impact in procurement while developing your skills in a dynamic environment.
- Qualifications: 5+ years in procurement, strong analytical and negotiation skills required.
- Other info: Promote best practices and support junior team members in a collaborative setting.
The predicted salary is between 36000 - 60000 £ per year.
Responsibilities
- Providing proactive administrative and operational support to the Senior Procurement Manager.
- Reviewing, negotiating, and finalising supplier contracts in collaboration with Legal and other key stakeholders.
- Managing supplier onboarding and maintaining the supplier management framework, ensuring appropriate segmentation and oversight.
- Supporting business areas with procurement activities including RFPs, contract negotiations, and supplier reviews.
- Partnering with stakeholders to identify cost optimisation opportunities and monitor spend.
- Guiding and supporting junior team members, promoting best practice in procurement processes and compliance.
- Maintaining professional development to meet evolving regulatory and organisational requirements.
Qualifications
- 5+ years’ experience in procurement or supplier management.
- Strong analytical, negotiation, and communication skills.
- Excellent organisation and multitasking ability, with meticulous attention to detail.
- Proficiency in MS Office (Word, Excel, PowerPoint).
- Confidence working across all levels of the organisation.
- Experience in sustainable procurement practices.
- Strong understanding of IT procurement and engagement with technology vendors.
- Experience with Software Asset Management, vendor risk assessment, and due diligence.
- Proven expertise in contract and vendor management.
CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability, or age.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Purchasing
Industries: Financial Services, Capital Markets, and Banking
Procurement Specialist in London employer: CMC Markets
Contact Detail:
CMC Markets Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field and let them know you're on the lookout for new opportunities. You never know who might have a lead or be able to refer you to a hiring manager.
✨Tip Number 2
Prepare for interviews by researching the company and its procurement practices. Familiarise yourself with their recent projects and challenges, so you can showcase how your skills align with their needs during the chat.
✨Tip Number 3
Practice your negotiation skills! Since this role involves contract negotiations, consider role-playing scenarios with a friend or mentor. This will help you feel more confident and articulate when discussing your approach in interviews.
✨Tip Number 4
Don't forget to apply through our website! We often have exclusive listings that you won't find elsewhere. Plus, it shows your commitment to joining our team at CMC Markets, which can really make you stand out.
We think you need these skills to ace Procurement Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement Specialist role. Highlight your 5+ years of experience in procurement, focusing on your analytical and negotiation skills. We want to see how your background aligns with our needs!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve optimised costs or improved supplier relationships. This helps us see the impact you've made in previous roles.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're passionate about procurement and how your experience makes you a great fit for CMC Markets. We love seeing genuine enthusiasm and a clear understanding of our values.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at CMC Markets
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around supplier management and contract negotiations. Be ready to discuss your past experiences and how they relate to the responsibilities listed in the job description.
✨Show Off Your Analytical Skills
Prepare examples that showcase your analytical abilities. Think about times when you've identified cost optimisation opportunities or improved procurement processes. This will demonstrate your value to the team and your understanding of the role.
✨Practice Your Negotiation Techniques
Since negotiation is key in this role, practice articulating your negotiation strategies. You might even want to role-play with a friend to get comfortable discussing terms and conditions, as well as how you handle pushback from suppliers.
✨Engage with Stakeholders
Be prepared to talk about how you've partnered with stakeholders in the past. Highlight your communication skills and how you’ve guided junior team members. This shows that you can work collaboratively and lead by example, which is crucial for this position.
