At a Glance
- Tasks: Support supplier management, contract negotiations, and drive cost-saving initiatives.
- Company: Leading financial services organisation with a focus on procurement excellence.
- Benefits: Competitive pay, hands-on experience, and the chance to make an immediate impact.
- Other info: Opportunity for quick integration and valuable experience in financial services.
- Why this job: Join a dynamic team and enhance your skills in a regulated environment.
- Qualifications: 3+ years in procurement or supplier management, strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
- Interim Procurement & Supplier Management Specialist
- 3-Month Contract | Inside IR35
- Overview
We're supporting a leading financial services organisation in appointing an Interim Procurement & Supplier Management Specialist on an initial 3-month contract.
Working within the Group Procurement & Supplier Management team (1LOD), you'll support sourcing activity, supplier management, contract renewals, and third-party risk oversight.
This is a hands-on role requiring someone who can quickly integrate into a regulated environment, build strong stakeholder relationships, and deliver from day one.
Key Responsibilities
- Support supplier onboarding, due diligence, contract negotiations, renewals, and terminations.
- Partner with business stakeholders to identify sourcing opportunities and manage procurement activity.
- Help oversee third-party risk and outsourcing requirements in line with FCA, PRA and internal governance expectations.
- Drive supplier rationalisation and cost-saving initiatives alongside Finance and business teams.
- Monitor supplier performance, contractual obligations, and service delivery standards.
- Support legal engagement on supplier contracts and commercial negotiations.
- Produce procurement and supplier risk MI for senior stakeholders.
- Contribute to procurement governance, policy development, and colleague training initiatives.
About You
- 3+ years' procurement, supplier management, or vendor management experience.
- Strong financial services experience is highly desirable, ideally within wealth management, asset management, banking, or insurance.
- Good understanding of outsourcing and third-party risk requirements within a regulated environment.
- Experience managing suppliers, commercial negotiations, and stakeholder relationships.
- Strong analytical and communication skills.
- Able to work independently and deliver value quickly in an interim assignment.
Available to start at short notice or immediately.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Specialist
✨Get Involved in Local Procurement Meetups
Join local procurement and purchasing groups on platforms like Meetup or Eventbrite. These gatherings are great for networking with industry professionals, sharing insights, and potentially hearing about temporary roles that might not be widely advertised!
✨Seasonal Hiring Cycles are Your Friend!
Keep an eye on seasonal trends in procurement, as many companies ramp up hiring during certain times of the year – especially around end-of-financial-year periods when budgets are being utilised. Be proactive and reach out to companies directly during these windows.
✨Leverage Online Platforms for Temporary Roles
Don’t forget to browse specific job boards dedicated to temporary positions, such as Reed or Indeed. You can filter your search for procurement roles and set up alerts for when new jobs pop up, so you can apply immediately!
✨Showcase Your Skills on Professional Networks
Create short case studies or posts on LinkedIn showcasing your procurement experience or interesting projects you've tackled. This not only builds your visibility but can also attract recruiters looking for temporary talent like you!
We think you need these skills to ace Procurement Specialist
Some tips for your application 🫡
Showcase Relevant Experience:When applying for a temporary role in procurement-purchasing, it's crucial to highlight any relevant experience you have. Mention specific tasks like negotiating contracts, managing supplier relationships, or optimising inventory. This will show Davies Talent Solutions that you can hit the ground running!
Keep it Concise and Impactful:For a temporary role, we recommend keeping your CV and cover letter concise. Focus on key achievements that showcase your procurement skills and any immediate impact you’ve made in past roles. Use bullet points for clarity—this way, Davies Talent Solutions can quickly grasp your capabilities!
Include Relevant Certifications:If you’ve got any certifications that are relevant to procurement, like CIPS (Chartered Institute of Purchasing and Supply), don’t forget to mention them! This adds extra weight to your application and shows Davies Talent Solutions that you're serious about your professional development.
Emphasise Flexibility and Availability:Since this is a temporary position, make sure to emphasise your availability and flexibility in your cover letter. Let Davies Talent Solutions know when you can start and that you’re ready to adapt to their needs, making your application even more appealing!
How to prepare for a job interview at Davies Talent Solutions
✨Know Your Procurement Basics
Brush up on key procurement concepts and terms, like 'total cost of ownership' and 'supplier relationships'. We want to impress them with our knowledge! Being able to talk fluently about relevant techniques and tools specific to the procurement field will definitely lend credibility.
✨Prepare for Scenario-Based Questions
In a purchasing role, you might get thrown some real-world scenarios to assess how you’d handle supplier negotiations or cost-saving strategies. Be ready to demonstrate your problem-solving skills! Practising how you'd tackle these situations in advance will help us shine during the interview.
✨Highlight Your Flexibility and Adaptability
Since it’s a temporary role, emphasise how you can quickly adapt to new processes and environments. Share examples of past experiences where you’ve tackled new challenges with ease, showing they can rely on us to hit the ground running and contribute immediately!
✨Show Off Your Tech Savvy
Being well-versed in procurement software like SAP or Coupa can set us apart from other candidates. If you've got experience with these tools, be sure to mention it! Having a handle on data analysis and reporting will also demonstrate our capability to leverage technology effectively in procurement.
