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For Companies At a Glance
- Tasks: Support procurement processes and manage supplier risks in a dynamic finance environment.
- Company: Join the UK's leading flat-fee investment platform with a strong customer focus.
- Benefits: Gain a nationally recognised qualification while earning and learning.
- Why this job: Kickstart your career in finance with hands-on experience and professional growth.
- Qualifications: Must be 18+, UK/EEA citizen, with GCSE Maths and English A*-C.
- Other info: Inclusive workplace committed to diversity and equal opportunities.
Who We Are
interactive investor is an award-winning investment platform that puts its customers in control of their financial future.
We’ve been helping investors for nearly 30 years. We’ve seen market highs and lows and been resilient throughout. We’re now the UK’s number one flat-fee investment platform, with assets under administration approaching £75 billion and over 450,000 customers.
For a simple, flat monthly fee we provide a secure home for your pensions, ISAs and investments. We offer a wide choice of over 20,000 UK and international investment options, including shares, funds, trusts and ETFs.
We also bring impartial, expert content from our award-winning financial journalists, highly engaged community of investors, and daily newsletters and insights.
Purpose of the Role
Working within the ii Finance team this apprenticeship offers a unique opportunity to gain hands-on experience in a highly regulated, fast-paced environment, while working towards a nationally recognised qualification.
As an apprentice, you will work closely with the Vendor Manager to support the end-to-end procurement lifecycle, help assess and manage third-party risks, and ensure our supply chain complies with internal policies, frameworks and external regulatory requirements (e.g. FCA, Data Protection and operational resilience guidelines).
Responsibilities
Procurement & Supplier Risk Management:
- Assist stakeholders with sourcing events (e.g. request for proposal [RFP], request for information [RFI]) across a range of categories, including IT services, Marketing and Operations.
- Supporting the development of consistent procurement processes and procedures.
- Help maintain ii’s Third-Party supplier database and work with stakeholders around the business to ensure it’s accuracy.
- Collaborate with internal stakeholders to understand their Third-Party requirements and ensure value-for-money procurement decisions are made.
- Support the onboarding of new Third Parties, including due diligence and risk assessments.
- Monitor supplier performance and escalate any service issues or risks.
- Assist in gathering and analysing supplier risk data (e.g. financial stability, cybersecurity posture).
- Help ensure suppliers comply with relevant regulations and internal controls.
Administrative & Reporting Duties:
- Maintain accurate records of procurement activities and risk assessments.
- Assist in preparing management reports/dashboards on key third-party performance and risk exposure.
- Help track contract renewals, expiry dates, and key contractual obligations.
- Collating relevant management information to report to accountable stakeholder and in preparation for internal/external audits.
- Assist with internal training and attestation of ii’s Supplier Risk Management Polices and Framework.
- Support stakeholders with general requests and contract change requirements.
ABOUT THE APPRENTICESHIP:
- Through the level 3 Procurement & Supply Assistant apprenticeship, you will learn and grow technical knowledge such as:
- Understanding of the fundamentals of procurement and contract lifecycle management.
- Techniques for assessing and managing third-party risks in a highly regulated financial services environment.
- Competency in the systems, tools and processes specific to the role.
- Regulatory compliance frameworks such as FCA requirements for third-party risk, Operational Resilience, and ESG considerations.
- Communication and negotiation skills with internal and external stakeholders.
By the end of the apprenticeship, you will achieve your Level 3 Procurement & Supply Chain Assistant apprenticeship plus the Chartered Institute of Procurement & Supply (CIPS) level 3 Certificate in Procurement and Supply Operations. Typically, the apprenticeship will take around 18 months to complete.
ELIGIBILITYCRITERIA:
- To apply for this role, you will need:
- To be at least 18 years old as of 1st October 2025
- Be a UK/EEA citizen or have lived in the UK/EEA continuously for the last 3 years
- To be eligible to work in the UK and not in full-time education
- Maths and English GCSE (or equivalent) grades A* to C (new grades 9 to 4)
- You must not hold an existing qualification at the same or higher level in a similar subject
Please Note: We will do our utmost efforts to respond to all applicants. However, due to the high volume of applications we\’re currently receiving, if you haven\’t been contacted within 30 days of application, please consider unsuccessful.
interactive investor operates in accordance with the UKEqualityAct2010. We welcome applications from individuals of all ages, disabilities, gender identities, marital status, pregnancy/maternity, race, religion or belief, sex, and sexual orientation. We are committed to treating all applicants fairly and making reasonable adjustments where needed to support disabled applicants. We actively prevent all forms of discrimination, harassment, and victimisation—whether direct, indirect, associative, or perceptive
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Vendor Analyst Apprenticeship employer: Interactive Investor Plc
Contact Detail:
Interactive Investor Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vendor Analyst Apprenticeship
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their values and how you can contribute. Practise common interview questions and think of examples that showcase your skills.
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications after a week or two. A quick email can show your enthusiasm and keep you on their radar. Plus, it’s a great way to ask about the next steps.
✨Tip Number 4
Use our website to apply directly! It’s the best way to ensure your application gets seen. Plus, we’ve got loads of resources to help you ace your job search and land that apprenticeship.
We think you need these skills to ace Vendor Analyst Apprenticeship
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your application to highlight how your skills and experiences align with the Vendor Analyst role. We want to see how you can contribute to our team, so don’t hold back on showcasing your relevant experience!
Show Your Enthusiasm: Let your passion for procurement and supply chain shine through in your application. We love candidates who are excited about the opportunity to learn and grow with us, so make sure to express why this apprenticeship is the right fit for you.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key points stand out. This will help us quickly see why you’re a great match for the role!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way to ensure we receive your details directly and can process your application efficiently. We can’t wait to hear from you!
How to prepare for a job interview at Interactive Investor Plc
✨Know Your Stuff
Before the interview, dive deep into the company’s background and its procurement processes. Familiarise yourself with terms like RFP and RFI, as well as the regulatory frameworks mentioned in the job description. This will show that you’re genuinely interested and prepared.
✨Showcase Your Skills
Think of examples from your past experiences that demonstrate your ability to manage risks or handle procurement tasks. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
✨Ask Smart Questions
Prepare thoughtful questions about the role and the team. Inquire about the challenges they face in supplier management or how they ensure compliance with regulations. This not only shows your interest but also helps you gauge if the role is right for you.
✨Be Yourself
While it’s important to be professional, don’t forget to let your personality shine through. The interviewers want to see if you’ll fit into their team culture, so be genuine and express your enthusiasm for the apprenticeship opportunity.