At a Glance
- Tasks: Lead global procurement, manage vendor relationships, and ensure compliance with regulations.
- Company: Interpath is a fast-growing advisory firm with a global presence and a purpose-driven culture.
- Benefits: Enjoy competitive salaries, comprehensive rewards, and a range of core and optional benefits.
- Why this job: Join a dynamic team focused on operational excellence and making a real impact in diverse industries.
- Qualifications: Bachelor's degree and 5 years of procurement management experience required.
- Other info: Be part of a company aiming to be a leading advisory firm by 2030.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Interpath is an international and fast-growing advisory business with deep expertise in a broad range of specialisms spanning deals, advisory and restructuring capabilities.
We deliver tangible results for global businesses, their investors, and stakeholders when complex problems arise, and critical decisions need to be made. Interpath is agile, independent, and conflict-free, and our passion for doing what's right, every time, sets us apart.
Our diverse teams provide specialist technical knowledge combined with deep sector experience across our service line specialisms. Since our foundation in 2021, Interpath has grown rapidly, and we now have a presence across the UK, Ireland, France, Germany, Austria, Spain, BVI, Cayman Islands, Bermuda, Barbados, and Hong Kong. By 2030 we aim to be one of the world's leading advisory firms with a truly global footprint.
We are seeking a strategic and detail-oriented Procurement Manager to lead and elevate our global procurement function, who is happy to get hands on,. This role is pivotal in driving operational excellence, ensuring regulatory compliance, and delivering commercial value across the business. The ideal candidate will bring deep procurement expertise, a proactive mindset, and a collaborative approach to stakeholder engagement.
As the Procurement Manager, you will be responsible for overseeing the contract and procurement process, ensuring that the company obtains the best value for money on products and services for the Interpath group of companies. Working with internal stakeholders, you will be responsible for managing vendor relationships and supplier contracts, developing procurement policies and procedures, and ensuring compliance with internal and external regulations. As a member of the Interpath team, you will join a company with a purpose-driven culture that seeks to create, defend, preserve, sustain, and grow value for clients in a range of industries through innovative digital services and a deep understanding of different markets.
Key Accountabilities:
- Procurement Onboarding Excellence
Redesign and roll out a seamless, best-in-class onboarding process for procurement, ensuring efficiency, clarity, and alignment with company values and compliance standards, making sure the system is maintained correctly. - Policy & Process Enhancement
Strengthen and evolve procurement and contract management policies, procedures, and strategic sourcing plans. Lead the development of a robust purchase order process, ensuring alignment with regulatory requirements and internal controls. - Vendor & Contract Management
Manage key supplier relationships and lead contract negotiations in partnership with Legal to secure optimal commercial terms, ensuring compliance with pricing, quality, regulatory, and delivery standards. - Global Procurement Expansion
Support the company's international growth by embedding procurement best practices in new markets and onboarding high-quality suppliers to meet local and global needs. - Supplier Performance & Risk Management
Establish and maintain quality control standards. Conduct regular supplier performance reviews and proactively mitigate supplier-related risks. - Cost Optimisation & Strategic Sourcing
Collaborate with internal stakeholders to identify cost-saving opportunities, drive value creation, and continuously improve procurement processes. - Cross-Functional Collaboration
Work closely with Legal, the Data Protection Officer, and the MLRO to ensure procurement activities align with legal, data privacy, and financial crime compliance requirements. - Regulatory Compliance
Ensure full compliance with internal policies and external regulations governing procurement operations across all jurisdictions. - Performance Monitoring & Reporting
Develop and maintain procurement KPIs and dashboards. Provide regular performance insights and strategic updates to senior leadership. - Strategic Engagement
Act as a trusted advisor to senior management, contributing to the development and execution of the company's procurement strategy. - Contract Lifecycle Management
Own the end-to-end management of strategic client and supplier contracts. Serve as the single point of contact to ensure value for money and service excellence. - Tender Governance Framework
Design and implement a consistent, transparent, and efficient tendering framework, ensuring all procurement activities are governed by best practice standards.
Requirements
- Bachelor's degree in business administration, supply chain management, or a related field.
- At least 5 years of experience in procurement management in a financial services or related industry.
- Experience in contract negotiation and vendor management.
- Knowledge of procurement regulations, policies, and procedures.
- Strong analytical, communication, and project management skills.
- Ability to work effectively in a team environment, driving collaboration and accountability.
- Strong negotiation, problem-solving, and decision-making skills.
Benefits
Benefits
At Interpath, our people lie at the heart of our business. That's why we provide employees with a competitive and comprehensive reward package including compelling salaries and a range of core and optional benefits. Read more about our benefits; Company Benefits – Interpath
Unsolicited Resumes from Third-Party Recruiters
Please note that Interpath do not accept unsolicited resumes from third-party recruiters. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that Interpath will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
Procurement Manager - Interpath Advisory employer: Interpath Advisory
Contact Detail:
Interpath Advisory Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager - Interpath Advisory
✨Tip Number 1
Familiarise yourself with Interpath's values and mission. Understanding their purpose-driven culture will help you align your approach during interviews and discussions, showcasing how your personal values resonate with theirs.
✨Tip Number 2
Research the latest trends in procurement, especially within the financial services sector. Being knowledgeable about current challenges and innovations will allow you to engage in meaningful conversations and demonstrate your expertise.
✨Tip Number 3
Network with professionals in the procurement field, particularly those who have experience in advisory roles. Building connections can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 4
Prepare specific examples of your past procurement successes, particularly in contract negotiation and vendor management. Being able to articulate these experiences clearly will help you stand out as a strong candidate during interviews.
We think you need these skills to ace Procurement Manager - Interpath Advisory
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement management, especially in financial services. Use specific examples that demonstrate your skills in contract negotiation and vendor management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Interpath's values and mission. Explain how your proactive mindset and collaborative approach can contribute to their procurement function.
Highlight Key Achievements: In your application, emphasise any significant achievements in previous roles, such as cost-saving initiatives or successful supplier negotiations. Quantify these achievements where possible to demonstrate your impact.
Showcase Soft Skills: Interpath values strong communication and project management skills. Make sure to include examples of how you've effectively collaborated with teams and managed stakeholder relationships in your previous roles.
How to prepare for a job interview at Interpath Advisory
✨Understand the Company Culture
Before your interview, take some time to research Interpath Advisory's values and culture. They pride themselves on being purpose-driven and conflict-free, so be prepared to discuss how your personal values align with theirs.
✨Showcase Your Procurement Expertise
As a Procurement Manager, you'll need to demonstrate your deep knowledge of procurement processes and regulations. Be ready to share specific examples from your past experiences that highlight your skills in contract negotiation and vendor management.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and strategic thinking. Prepare scenarios where you've successfully managed supplier relationships or implemented cost-saving initiatives, as these will showcase your proactive mindset.
✨Highlight Cross-Functional Collaboration
Interpath values collaboration across teams. Be prepared to discuss how you've worked with legal, finance, or other departments in previous roles to ensure compliance and drive procurement excellence.