Senior Sourcing & Supplier Manager - Maidenhead, SL63QQ
Senior Sourcing & Supplier Manager - Maidenhead, SL63QQ

Senior Sourcing & Supplier Manager - Maidenhead, SL63QQ

Maidenhead Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead sourcing and supplier management, ensuring cost-effective goods and services.
  • Company: Join Kensington Mortgages, a diverse and inclusive workplace focused on professional growth.
  • Benefits: Enjoy remote work options, a supportive culture, and opportunities for personal development.
  • Why this job: Make a real impact while working in a dynamic environment with innovative projects.
  • Qualifications: Senior category management experience, strong negotiation skills, and financial acumen required.
  • Other info: CIPS qualification is a plus; we value diversity and equal opportunities.

The predicted salary is between 43200 - 72000 £ per year.

Senior Sourcing & Supplier Manager – Maidenhead, SL63QQ

** We\’re Hiring: Senior Sourcing and Supplier Manager **

Location: Remote

Hours: Monday – Friday 09:00-17:30

Contract : 12 Months FTC

Direct Reports: None

Join our team in this new role as a Senior Sourcing and Supplier Manager

Deliver effective sourcing and third-party risk management ensuring that goods and services are sourced cost effectively and third-party risks are managed within the IT & NON IT categories.

Key Accountabilities

  • Contribute to the P&P strategic sourcing plan that incorporates renewal of existing third-party contracts, negotiation of new contracts supporting the business growth and change agenda and plans to select new third parties as required.
  • Support the P&P strategic vision and development plan.
  • Within category ensure to be keeping up to date with external markets with a view to identifying innovations and market leading capabilities that will benefit the category
  • Manage the P&P relationship with stakeholders responding to requirements and requests for support.
  • Support the drive to establish a business wide cultural awareness of the value derived from partnering with the P&P function.
  • Influence stakeholders, Business Relationship Managers (BRMs) and budget holders to ensure that third party contracts and relationships are managed in line with policies and frameworks.
  • Support the building of the procurement function and deputizing for the Head of Procurement and Partnership as required wider organizational capability by developing the skills of the BRM group and budget holders to enable improved third-party outcomes.
  • Take accountability for the third party spend within this category and lead on the delivery of cost efficiencies.
  • Ensure that goods and services within the category are sourced in line with best practice and established policies.
  • Ensure the sourcing activity identifies risks and mitigates these through effective contracts working with the legal team.
  • Support development and maintenance of a third-party risk management framework which considers all phases of the 3rd party life cycle
  • Support development and maintain appropriate tools and templates to enable the execution of third-party risk management.
  • Ensure that high risk third parties in the category have exit strategies in place.
  • Support the embedding of third-party risk management into the organization working with business relationship managers.
  • Support the development and maintenance of appropriate training materials and guides to support business relationship managers in executing third party risk management.
  • Own key relationships with strategic third parties and provide support to stakeholders and business relationship managers where incidents and issues require resolution.
  • Develop and manage third parties in the category to ensure business outcomes are delivered, appropriate performance levels are achieved, value for money is obtained and innovation delivered.
  • Deliver commercial management support for key business projects within the category.
  • Ensure third parties in the category are sourced and managed in compliance with relevant standards and regulations.
  • Establish and maintain cost optimisation governance forums to monitor sourcing activity and third-party risk management in each business area within the category with the objective of delivering cost effective contracts and appropriately managed third parties.
  • Ensure all records associated with the category are stored and reported accurately such as Sourcing reporting, third party risk management activity and the third party contracts.

Experience, Knowledge, Skills

  • Senior category management experience ideally in Financial Services
  • Category leadership of strategic sourcing activity including experience of negotiation of significant and complex services contracts
  • Third party risk management activity within the category
  • Strong knowledge of contractual and commercial terms including complex managed service contracts.
  • Experience in working in a fast-paced environment.
  • Demonstrable negotiation experience
  • Strategic sourcing best practice, particularly in the relevant category
  • Third party risk management best practice ideally in Financial Services
  • Communication, presentation and influencing skills including to Senior Management
  • Excellent inter personnel and stakeholder management skills with the ability to build relationships and influence colleagues at all levels.
  • An outward looking approach to identify market opportunities for innovation in the supply chain.
  • Financial acumen – the ability to interpret profit and loss accounts, balance sheets, cash-flows and to generate business cases.
  • CIPS qualification an advantage or equivalent professional qualification

Why Join Kensington Mortgages

At KMC our employees are the heart of our success. We strive to create a workplaces that promotes professional development and work-life balance.

Our inclusive culture values diversity in all its forms, ensuring everyone feels respected and valued.

As an equal opportunity employer, we embrace differences in gender, race, identity, ethnic origin, and sexual expression

Ready to make a difference?

If you\’re passionate about providing an exceptional service and want to join a team that values your contributions we\’d love to hear from you!

Apply today and be part of the Kensington Mortgages family and help us to continue making a positive impact in the lives of our customers.

Senior Sourcing & Supplier Manager - Maidenhead, SL63QQ employer: Kensington Mortgages

Kensington Mortgages is an exceptional employer that prioritises employee growth and work-life balance, fostering a culture of inclusivity and respect. With a commitment to professional development and a supportive environment, employees are encouraged to innovate and contribute meaningfully to the organisation's success. Join us in Maidenhead, where your skills in sourcing and supplier management will be valued as we work together to make a positive impact on our customers' lives.
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Contact Detail:

Kensington Mortgages Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Sourcing & Supplier Manager - Maidenhead, SL63QQ

✨Tip Number 1

Familiarise yourself with the latest trends in sourcing and supplier management, especially within the financial services sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-paced environment.

✨Tip Number 2

Network with professionals in the procurement and sourcing field. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals that could give you an edge in the application process.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed third-party relationships and risk in previous roles. Highlighting your experience with complex contracts and negotiations will showcase your suitability for this senior position.

✨Tip Number 4

Research Kensington Mortgages' values and culture thoroughly. Understanding their commitment to diversity and professional development will allow you to tailor your conversations and show how you align with their mission during the interview.

We think you need these skills to ace Senior Sourcing & Supplier Manager - Maidenhead, SL63QQ

Senior Category Management Experience
Strategic Sourcing Activity Leadership
Negotiation of Complex Services Contracts
Third Party Risk Management
Knowledge of Contractual and Commercial Terms
Experience in Fast-Paced Environments
Demonstrable Negotiation Skills
Strategic Sourcing Best Practices
Communication and Presentation Skills
Influencing Skills for Senior Management
Interpersonal and Stakeholder Management Skills
Ability to Build Relationships
Financial Acumen
Ability to Interpret Financial Statements
CIPS Qualification or Equivalent Professional Qualification
Outward Looking Approach to Market Opportunities

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in sourcing and supplier management, particularly in the financial services sector. Use specific examples that demonstrate your negotiation skills and third-party risk management expertise.

Craft a Compelling Cover Letter: Write a cover letter that connects your background to the key accountabilities listed in the job description. Emphasise your strategic sourcing experience and how you can contribute to the company's goals.

Showcase Relevant Skills: In your application, clearly outline your communication, presentation, and influencing skills. Provide examples of how you've successfully managed stakeholder relationships and driven cost efficiencies in previous roles.

Highlight Continuous Learning: Mention any relevant qualifications, such as CIPS or equivalent, and express your commitment to professional development. This shows that you're proactive about staying updated with industry best practices.

How to prepare for a job interview at Kensington Mortgages

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Senior Sourcing and Supplier Manager. Familiarise yourself with key accountabilities such as third-party risk management and strategic sourcing plans, as these will likely be focal points during your interview.

✨Showcase Your Negotiation Skills

Prepare to discuss your experience in negotiating complex service contracts. Be ready to provide specific examples of successful negotiations you've led, highlighting the outcomes and how they benefited your previous employers.

✨Demonstrate Stakeholder Management

Since this role involves influencing stakeholders and managing relationships, think of instances where you've successfully navigated complex stakeholder dynamics. Be prepared to explain how you built those relationships and the impact they had on your projects.

✨Highlight Financial Acumen

As financial understanding is crucial for this position, brush up on your ability to interpret financial documents like profit and loss accounts. Be ready to discuss how you've used financial insights to drive decision-making in past roles.

Senior Sourcing & Supplier Manager - Maidenhead, SL63QQ
Kensington Mortgages
K
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