At a Glance
- 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, flexible working options, and opportunities for professional growth.
- Why this job: Make an impact by driving cost-efficiency and improving procurement practices in a collaborative environment.
- Qualifications: Strong procurement experience, especially in financial services, with excellent stakeholder engagement skills.
- Other info: Ideal for those passionate about compliance and vendor management in a fast-paced setting.
The predicted salary is between 43200 - 72000 Β£ 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 groupβs 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 π€«
We think this is how you could land Procurement Manager
β¨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.
β¨Tip Number 2
Network with professionals in the procurement field, particularly those with experience in financial services or insurance. Attend industry events or join online forums to gain insights and make connections that could lead to referrals.
β¨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 vendor management and supplier optimisation will set you apart from other candidates.
β¨Tip Number 4
Showcase your proficiency in Excel and any document/workflow systems during discussions. Being able to demonstrate your analytical skills and how you've used data to inform procurement decisions can greatly enhance your candidacy.
We think you need these skills to ace Procurement Manager
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your procurement experience, especially in financial services. Emphasise your skills in vendor management, policy compliance, and any relevant regulatory frameworks you are familiar with.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about procurement and how your background aligns with the key responsibilities of the role. Mention specific examples of how you've driven cost-efficiency and process improvements in previous positions.
Highlight Relevant Skills: Clearly outline your proficiency in Excel and any document/workflow systems you have used. Discuss your experience with stakeholder engagement and cross-functional collaboration, as these are crucial for the role.
Showcase Your Achievements: Include quantifiable achievements in your application, such as successful vendor negotiations or cost-saving initiatives. This will demonstrate your commercial acumen and results-driven approach to procurement.
How to prepare for a job interview at Edenbrook
β¨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.
β¨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 have navigated these in past positions.
β¨Prepare for Data Analysis Questions
Since the role requires proficiency in Excel and data analysis, expect questions that assess your ability to analyse spend data and identify cost-saving opportunities. Bring examples of how you've used data to drive procurement decisions.
β¨Engage with Stakeholders
Stakeholder engagement is key in this position. Prepare to discuss your experience in cross-functional collaboration and how you've effectively communicated with various teams to achieve procurement goals.