At a Glance
- Tasks: Lead procurement strategies and manage supplier relationships in a dynamic financial services environment.
- Company: Join a leading financial services organisation with a commitment to excellence.
- Benefits: Enjoy a competitive salary and a comprehensive benefits package.
- Other info: Be part of an inclusive team that values diversity and offers growth opportunities.
- Why this job: Make a significant impact by shaping procurement practices and ensuring compliance.
- Qualifications: Extensive experience in procurement and third-party risk management is essential.
The predicted salary is between 80000 - 100000 £ per year.
Our client, a leading financial services organisation, is seeking an experienced Head of Procurement to lead its Procurement and Third-Party Risk Management function. This role will lead the development and delivery of a robust procurement and supplier management framework, ensuring commercial value is achieved while maintaining strong regulatory compliance and operational resilience.
Essential Skills / Experience
- Significant experience in Procurement and/or Third-Party Risk Management within a regulated financial services environment.
- Strong knowledge of procurement governance, outsourcing oversight and supplier risk management.
- Experience implementing and managing procurement operating models, controls and governance frameworks.
- Strong understanding of regulatory requirements relating to outsourcing and operational resilience.
- Proven ability to engage, influence and present to senior executive and board-level stakeholders.
- Excellent leadership, stakeholder management and supplier negotiation skills.
- Experience leading teams and driving strategic procurement initiatives.
Core Responsibilities
- Develop and deliver the organisation's procurement and supplier management strategy.
- Lead and enhance procurement and third-party risk governance frameworks and operating models.
- Oversee the assessment, onboarding, management and monitoring of suppliers and outsourcing arrangements.
- Ensure compliance with applicable regulatory requirements relating to procurement, outsourcing and operational resilience.
- Provide reporting, insight and recommendations to senior management and governance committees.
- Partner with stakeholders across Risk, Compliance, Technology, Finance, Operations and Legal functions.
- Lead and develop the Procurement and Third-Party Risk team.
Benefits
- A highly competitive salary
- Wider Benefits package
Core-Asset Consulting is an equal opportunities recruiter, and we welcome applications from everyone irrespective of age, disability, gender, gender identity or expression, race, colour, ethnic or national origin, sexual orientation, religion or belief, marital/civil partner status or pregnancy.
Head of Procurement in Newcastle upon Tyne employer: Core-Asset Consulting Ltd
As a leading financial services organisation, our client offers an exceptional work environment for the Head of Procurement role, characterised by a commitment to professional growth and a culture of inclusivity. Employees benefit from a competitive salary and a comprehensive benefits package, while also having the opportunity to lead strategic initiatives that shape the future of procurement and supplier management within a highly regulated industry. The collaborative atmosphere encourages engagement with senior stakeholders, fostering both personal and professional development in a dynamic setting.
