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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 number one 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 development.
- Qualifications: Must be 18+, with GCSEs in Maths and English, and not in full-time education.
- Other info: Inclusive workplace committed to diversity and equal opportunities.
Overview
interactive investor is an award-winning investment platform that puts its customers in control of their financial future. We have been helping investors for nearly 30 years and are 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 pensions, ISAs and investments, with a wide choice of over 20,000 UK and international investment options. We also bring impartial, expert content from award-winning financial journalists and a highly engaged community of investors.
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. RFP, RFI) across categories including IT services, Marketing and Operations
- Support the development of consistent procurement processes and procedures
- Help maintain ii\’s Third-Party supplier database and ensure accuracy
- Collaborate with internal stakeholders to understand Third-Party requirements and ensure value-for-money procurement decisions
- Support 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
- Collate relevant management information for internal/external audits
- Assist with internal training and attestation of ii\’s Supplier Risk Management Policies and Framework
- Support stakeholders with general requests and contract change requirements
About the Apprenticeship
- Level 3 Procurement & Supply Assistant apprenticeship with development of technical knowledge
- Understanding 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 the 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.
Requirements
Eligibility Criteria:
- 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
- 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)
- Must not hold an existing qualification at the same or higher level in a similar subject
Benefits
Please note: We will do our utmost to respond to all applicants. However, due to high volume of applications, if you haven’t been contacted within 30 days of application, please consider unsuccessful. interactive investor operates in accordance with the UK Equality Act 2010. 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.
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Vendor Analyst Apprenticeship employer: Interactive Investor
Contact Detail:
Interactive Investor Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vendor Analyst Apprenticeship
✨Tip Number 1
Get to know the company inside out! Research interactive investor's values, mission, and recent news. This will help you tailor your conversations and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 3
Prepare for the interview by practising common questions related to procurement and supplier risk management. Think about how your skills align with the role and be ready to share examples from your experience.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the interactive investor family.
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 for the Vendor Analyst Apprenticeship. Highlight your relevant skills and experiences that align with the job description, especially in procurement and risk management. We want to see how you can bring value to our team!
Show Your Enthusiasm: Let your passion for finance and procurement shine through in your application. We love candidates who are excited about the opportunity to learn and grow with us. A bit of personality goes a long way!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon. We appreciate well-structured applications that are easy to read and understand.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way to ensure it gets to the right people. Plus, you’ll find all the details you need about the role and our company there.
How to prepare for a job interview at Interactive Investor
✨Know Your Stuff
Before the interview, make sure you understand the basics of procurement and supplier risk management. Familiarise yourself with terms like RFP, RFI, and the importance of compliance with regulations like FCA. This will show that you're genuinely interested in the role and ready to contribute.
✨Showcase Your Skills
Think about your previous experiences, even if they’re not directly related to procurement. Highlight any skills in communication, negotiation, or data analysis. Be ready to discuss how these skills can help you support the Vendor Manager and the finance team effectively.
✨Ask Smart Questions
Prepare a few insightful questions about the company’s procurement processes or how they manage supplier risks. This not only shows your interest but also gives you a chance to demonstrate your understanding of the industry and the specific challenges they face.
✨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. Be honest about your motivations for applying and what you hope to learn during the apprenticeship.
