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- Tasks: Lead procurement operations, ensuring compliance and optimising vendor relationships.
- Company: Join a dynamic financial services group focused on innovation and efficiency.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work culture.
- Why this job: Make an impact by driving cost-efficiency and improving procurement practices in a supportive environment.
- Qualifications: Strong procurement experience, especially in financial services, with excellent stakeholder engagement skills.
- Other info: Ideal for those passionate about compliance and process improvement in a fast-paced setting.
The predicted salary is between 43200 - 72000 £ per year.
Overview:
This role oversees procurement operations across the group, ensuring policy compliance, vendor governance, supplier optimization, and travel management. The position supports regulatory alignment (including SOX and DORA) and helps drive cost-efficiency and process improvement in procurement practices.
Key Responsibilities:
- Lead implementation and oversight of the group’s procurement framework and policy
- Ensure vendor compliance with procurement procedures and regulatory obligations
- Manage supplier onboarding, due diligence, and risk assessments
- Monitor key vendor performance and drive SLA/KPI improvements
- Support sourcing, supplier rationalization, and contract negotiations
- Coordinate tender processes and purchase order adherence
- Oversee corporate travel policy and vendor relationships
- Analyse spend data and identify cost-saving opportunities
- Maintain and enhance procurement systems and reporting
- Deliver procurement training and support policy awareness across the business
Requirements:
- Strong procurement experience in financial services (insurance preferred)
- Proven background in vendor management and policy compliance
- Familiarity with UK/EU regulatory frameworks
- Proficiency in Excel and document/workflow systems
- Skilled in stakeholder engagement and cross-functional collaboration
- Commercial acumen with a data- and results-driven approach
Procurement Manager employer: Edenbrook
Contact Detail:
Edenbrook Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager
✨Tip Number 1
Familiarise yourself with the latest UK/EU regulatory frameworks relevant to procurement, especially those related to financial services. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and governance.
✨Tip Number 2
Network with professionals in the procurement field, particularly those who have experience in financial services or insurance. Engaging in conversations can provide insights into industry trends and may even lead to referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've driven cost-efficiency and process improvements in previous roles. Highlighting your achievements in these areas will showcase your commercial acumen and results-driven approach.
✨Tip Number 4
Brush up on your Excel skills, particularly in data analysis and reporting. Being proficient in these areas will be crucial for analysing spend data and identifying cost-saving opportunities, which are key responsibilities of the role.
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your procurement experience, especially in financial services. Emphasise your vendor management skills and any relevant regulatory knowledge to align with the job requirements.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about procurement and how your background fits the role. Mention specific examples of your achievements in supplier optimisation and cost-saving initiatives.
Highlight Relevant Skills: Clearly outline your proficiency in Excel and any document/workflow systems you have used. Discuss your experience with stakeholder engagement and how you have successfully collaborated across functions.
Showcase Regulatory Knowledge: Demonstrate your familiarity with UK/EU regulatory frameworks in your application. Mention any specific experiences where you ensured compliance with procurement procedures and regulations.
How to prepare for a job interview at Edenbrook
✨Showcase Your Procurement Expertise
Make sure to highlight your strong procurement experience, especially in financial services. Be prepared to discuss specific examples of how you've successfully managed vendor relationships and ensured policy compliance in previous roles.
✨Demonstrate Regulatory Knowledge
Familiarity with UK/EU regulatory frameworks is crucial for this role. Brush up on relevant regulations like SOX and DORA, and be ready to explain how you've navigated these in past positions.
✨Prepare for Data Analysis Questions
Since the role involves analysing spend data and identifying cost-saving opportunities, be prepared to discuss your proficiency in Excel. You might be asked to interpret data or provide insights based on hypothetical scenarios.
✨Engage with Stakeholders
Stakeholder engagement is key in this position. Think of examples where you've successfully collaborated across functions. Be ready to discuss how you manage relationships and drive results through effective communication.
