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- Tasks: Shape sourcing strategies and optimise supplier relationships in a global financial services environment.
- Company: Join a globally recognised organisation in investment and risk management services.
- Benefits: Enjoy a 6-month temporary assignment with opportunities for mentorship and professional growth.
- Why this job: Make impactful procurement decisions while collaborating with industry leaders and senior stakeholders.
- Qualifications: 6–10+ years in strategic sourcing, strong negotiation skills, and proficiency in procurement software required.
- Other info: Ready to make an impact? Apply now and join a dynamic team!
The predicted salary is between 54000 - 84000 £ per year.
Are you a strategic thinker with expertise in procurement and vendor management? If so, this role is for you. Our client, a globally recognised organisation providing investment and risk management services to a diverse range of clients, is looking for an experienced Strategic Sourcing professional in Professional Services. This is a 6-month temporary assignment and presents a fantastic opportunity to shape sourcing strategies and optimise supplier relationships within a global financial services environment.
Key Responsibilities
- Act as a trusted advisor on procurement strategies and supplier optimisation.
- Develop and implement cost-effective sourcing strategies (supplier consolidation, demand management, process reengineering).
- Manage and negotiate contracts with leading professional services firms.
- Conduct market research to identify trends and risks, supporting data-driven decision-making.
- Lead cost-saving initiatives while ensuring service quality.
- Oversee contract negotiations and compliance with legal and corporate standards.
- Collaborate with Legal, Risk, and Business Units to align sourcing initiatives.
- Mentor junior team members, fostering a high-performance culture.
What We’re Looking For
- 6–10+ years’ experience in strategic sourcing within consulting, accounting, or financial services.
- Proven track record of high-value contract negotiations with major professional services firms (e.g. Big 4).
- Strong financial modelling and data analysis skills to support decision-making.
- Expertise in category planning, bidding (RFI, RFP, RFQ), and risk management.
- Advanced experience in contract drafting and redlining SLAs.
- Excellent stakeholder management and negotiation skills.
- Proficiency in MS Office, AI tools (CoPilot), and procurement software.
Preferred Qualifications
- Bachelor's degree in Business, Accounting, Economics, Supply Chain, or Law.
- Advanced degrees in Accounting, Business, Law, or Public Affairs are a plus.
Why Join?
- Work with a globally recognised financial services firm.
- Influence high-value procurement decisions on a global scale.
- Engage with senior stakeholders and industry leaders.
If you’re ready to make an impact and take the next step in your career, apply now! Send your CV to Carrie.Martin@edenscott.com. For an informal discussion or to learn more, contact Carrie Martin on 01224 965506.
Strategic Sourcing Lead employer: Eden Scott
Contact Detail:
Eden Scott Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Strategic Sourcing Lead
✨Tip Number 1
Network with professionals in the procurement and vendor management space. Attend industry events or webinars where you can connect with individuals who work in similar roles, especially within financial services. This can help you gain insights into the company culture and expectations.
✨Tip Number 2
Research the latest trends in strategic sourcing and procurement, particularly in the context of professional services. Being knowledgeable about current market dynamics will allow you to speak confidently about how you can contribute to the company's goals during interviews.
✨Tip Number 3
Prepare to discuss specific examples of your past experiences in high-value contract negotiations. Highlight your achievements and how they align with the responsibilities outlined in the job description, as this will demonstrate your capability to excel in the role.
✨Tip Number 4
Familiarise yourself with the tools and software mentioned in the job description, such as MS Office and AI tools like CoPilot. Being proficient in these technologies will not only boost your confidence but also show your readiness to hit the ground running.
We think you need these skills to ace Strategic Sourcing Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in strategic sourcing, procurement, and vendor management. Use specific examples that demonstrate your expertise in contract negotiations and supplier optimisation.
Craft a Compelling Cover Letter: Write a cover letter that showcases your strategic thinking and how your background aligns with the key responsibilities of the role. Mention your experience with high-value contracts and your ability to lead cost-saving initiatives.
Highlight Relevant Skills: Emphasise your financial modelling, data analysis skills, and proficiency in procurement software. Make sure to mention any advanced degrees or certifications that are relevant to the position.
Showcase Stakeholder Management: Include examples of how you've successfully managed stakeholders in previous roles. This is crucial for demonstrating your ability to collaborate with Legal, Risk, and Business Units as mentioned in the job description.
How to prepare for a job interview at Eden Scott
✨Showcase Your Strategic Thinking
Prepare to discuss specific examples of how you've developed and implemented sourcing strategies in your previous roles. Highlight your ability to think critically and strategically about procurement and vendor management.
✨Demonstrate Negotiation Skills
Be ready to share your experiences with high-value contract negotiations, especially with major professional services firms. Discuss the outcomes of these negotiations and how you ensured compliance with legal and corporate standards.
✨Highlight Data-Driven Decision Making
Emphasise your financial modelling and data analysis skills. Prepare to explain how you've used market research and data to identify trends and risks that informed your sourcing decisions.
✨Engage with Stakeholders
Discuss your experience in stakeholder management and collaboration with various departments. Be prepared to give examples of how you've aligned sourcing initiatives with business goals and mentored junior team members.
