Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Advise on AI and automation in procurement for retail banking.
- Company: Top-tier consulting firm with a focus on innovation.
- Benefits: Remote work, immediate start, and engaging with senior stakeholders.
- Other info: Dynamic role with opportunities to influence major industry changes.
- Why this job: Shape the future of procurement with cutting-edge technology and AI.
- Qualifications: Experience in TPRM and strong communication skills required.
The predicted salary is between 43200 - 72000 £ per year.
A top-tier consulting firm is seeking a Subject Matter Expert (SME) with experience in the retail banking sector in either strategic procurement, transactional procurement, enabling procurement, or Third-Party Risk Management (TPRM). This individual will take part in high level engagement centred around understanding the role that automation and AI plays within one of the below 4 areas including understanding current usage, extent to which AI and automation has been implemented already, potential benefits, reimagining what AI and automation can do across procurement in the retail banking sector more generally.
Four areas of interest for SMEs:
- Strategic Procurement (e.g. category management, supplier relationship management, deal governance)
- Transactional Procurement (e.g. requisition-to-order support, operational purchasing, vendor master data management)
- Enabling Procurement (e.g. contract management, market intelligence, sustainability & compliance)
- Third Party Risk Management (TPRM) (e.g. due diligence, ongoing monitoring, policy development)
Responsibilities:
- Advise on automation and AI opportunity/implementation within the procurement domain in which they hold expertise.
- Communicate effectively on the current and future state of procurement technology within the retail banking sector and the potential changes posed by AI.
- Interact with senior level stakeholders from a top-tier consulting firm.
Requirements:
- Extensive experience in TPRM within a large financial institution, ideally a retail bank
- Strong understanding of retail banking operations and vendor ecosystems
- Proven ability to rethink and redesign risk management processes
- Executive presence and communication skills to engage senior stakeholders
- Consulting experience is a plus, but not essential
Details:
- Availability: Immediate (w/c October 27th)
- Location: Remote
Procurement Automation Subject Matter Expert employer: FRESHMINDS
Contact Detail:
FRESHMINDS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Automation Subject Matter Expert
✨Tip Number 1
Network like a pro! Reach out to your connections in the retail banking sector and let them know you're on the lookout for opportunities. A personal recommendation can go a long way in landing that dream job.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of AI and automation in procurement. We want you to be able to discuss how these technologies can revolutionise the industry, so get ready to impress!
✨Tip Number 3
Don’t just apply anywhere; focus on firms that align with your expertise in strategic procurement or TPRM. Check out our website for tailored opportunities that match your skills and interests.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind for hiring managers. Plus, it shows your enthusiasm for the role and the company.
We think you need these skills to ace Procurement Automation Subject Matter Expert
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the job description. Highlight your experience in procurement and AI, especially in retail banking. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Share specific examples of your work in strategic or transactional procurement and how you've leveraged automation.
Showcase Your Expertise: As a Subject Matter Expert, we want to see your depth of knowledge. Include any relevant projects or achievements that demonstrate your understanding of TPRM and procurement technology in the retail banking sector.
Apply Through Our Website: Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at FRESHMINDS
✨Know Your Stuff
Make sure you brush up on your knowledge of procurement automation and AI, especially in the retail banking sector. Be ready to discuss specific examples of how you've implemented these technologies in your previous roles.
✨Engage with Stakeholders
Since you'll be interacting with senior-level stakeholders, practice articulating your thoughts clearly and confidently. Prepare to explain complex concepts in a way that resonates with non-technical audiences.
✨Showcase Your Experience
Highlight your extensive experience in Third Party Risk Management (TPRM) and how it relates to procurement. Use concrete examples to demonstrate your ability to rethink and redesign risk management processes.
✨Stay Current
Keep yourself updated on the latest trends in procurement technology and AI. Being able to discuss current usage and future potential will show that you're not just knowledgeable but also forward-thinking.