Senior Procurement Manager - Business Services in Coventry

Senior Procurement Manager - Business Services in Coventry

Coventry Temporary 48000 - 72000 £ / year (est.) Home office (partial)
Coventry Building Society

At a Glance

  • Tasks: Lead procurement strategies and manage sourcing across the organisation.
  • Company: Join Coventry Building Society, a trusted financial institution with a commitment to community.
  • Benefits: Enjoy 28 days holiday, a discretionary bonus, and a personal pension with matched contributions.
  • Other info: This is a 6-month fixed-term contract with opportunities for professional growth.
  • Why this job: Be part of a diverse team that values equality and offers flexible working arrangements.
  • Qualifications: Extensive procurement experience and strong stakeholder management skills are essential.

The predicted salary is between 48000 - 72000 £ per year.

This role is a 6-month fixed-term contract responsible for procurement and sourcing across the organisation, focusing on strategic purchasing and category planning. The Senior Procurement Manager will develop sourcing strategies, work closely with stakeholders, and ensure sourcing is cost-effective, competitive, and compliant with policies and regulations.

Key qualifications include:

  • Extensive procurement experience
  • Supplier management
  • Contract negotiation
  • Stakeholder management
  • Understanding of third-party risks

Desirable experience includes:

  • Financial services sector knowledge
  • Experience with categories like professional services and lending
  • MCIPS qualification

We value diversity and are committed to equality, offering flexible working arrangements and supporting disabled applicants through our Disability Confident scheme.

Coventry Building Society

Contact Details:

Coventry Building Society Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Procurement Manager - Business Services in Coventry

Tip Number 1

Network with professionals in the procurement field, especially those who have experience in financial services. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends in strategic purchasing.

Tip Number 2

Familiarise yourself with Coventry Building Society's values and recent projects. This knowledge will help you tailor your conversations during interviews and demonstrate your genuine interest in the organisation and its goals.

Tip Number 3

Prepare specific examples of your past procurement successes, particularly in strategic sourcing and stakeholder management. Being able to discuss these experiences in detail will showcase your expertise and how you can add value to the team.

Tip Number 4

Stay updated on current regulations and best practices in procurement, especially those relevant to the financial services sector. This will not only enhance your knowledge but also position you as a well-informed candidate during discussions with hiring managers.

We think you need these skills to ace Senior Procurement Manager - Business Services in Coventry

Strategic Sourcing
Supplier Management
Contract Negotiation
Stakeholder Engagement
Category Planning
Cost Analysis
Compliance Knowledge

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your extensive procurement experience and relevant qualifications. Focus on your achievements in supplier management, contract negotiation, and stakeholder management to align with the job requirements.

Craft a Compelling Cover Letter:Write a cover letter that specifically addresses the key responsibilities of the Senior Procurement Manager role. Mention your experience in developing sourcing strategies and how you can contribute to cost-effective and compliant procurement.

Highlight Relevant Experience:In your application, emphasise any experience you have in the financial services sector or with categories like professional services and lending. This will demonstrate your suitability for the role and understanding of the industry.

Showcase Your Qualifications:If you hold an MCIPS qualification, make sure to mention it prominently in your application. This is a desirable qualification for the role and can set you apart from other candidates.

How to prepare for a job interview at Coventry Building Society

Showcase Your Procurement Expertise

Make sure to highlight your extensive procurement experience during the interview. Be prepared to discuss specific examples of successful sourcing strategies you've developed and how they benefited your previous employers.

Demonstrate Stakeholder Management Skills

Since this role involves working closely with stakeholders, be ready to share instances where you've effectively managed relationships. Discuss how you’ve navigated differing priorities and ensured alignment on procurement goals.

Prepare for Contract Negotiation Scenarios

Expect questions around contract negotiation. Prepare to discuss your approach to negotiating terms and conditions, and provide examples of how your negotiation skills have led to cost savings or improved supplier relationships.

Understand Third-Party Risks

Familiarise yourself with the concept of third-party risks, especially in the context of procurement. Be ready to explain how you assess and mitigate these risks in your sourcing strategies, as this is crucial for compliance and competitive sourcing.