At a Glance
- Tasks: Lead a dynamic procurement team and manage significant annual spend.
- Company: Join a global investment management firm with a focus on innovation.
- Benefits: Enjoy competitive pay, flexible working, and generous leave for community volunteering.
- Other info: Be part of a culture that values inclusion and continuous improvement.
- Why this job: Make a real impact in procurement while developing your career in a supportive environment.
- Qualifications: CIPS qualified with experience in financial services and strong communication skills.
The predicted salary is between 60000 - 80000 £ per year.
About Man Group
Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $228.7 billion and operate across multiple offices globally.
Purpose of Role:
This is a hands-on management role at the heart of Man Group's Procurement function. The Procurement Manager is both an active commercial professional and the person responsible for leading and developing a team that is trusted, proactive and genuinely valued as a strategic partner by the business. The function oversees approximately $100m of annual procurement spend across Man Group's indirect spend base. The Procurement Manager is accountable for ensuring that spend is visible, well-governed and delivering real value. We are looking for someone who builds Procurement's reputation by supporting the business in achieving its objectives, earning a seat at the table through the quality of relationships and the clarity of value delivered. Communication and stakeholder engagement are as important here as commercial expertise.
The ideal candidate will be CIPS qualified, with a strong commercial track record and a genuine belief that great procurement is built on communication, trust and fundamentals done well, supported by the right tools and technology.
Specific Responsibilities:
- Lead and develop a team of three procurement professionals, setting clear direction, maintaining high standards and acting as a consultative escalation point to raise the quality and consistency of their outputs.
- Build trusted relationships with senior stakeholders across the business including Finance, Legal, Technology, Corporate Real Estate, COOs and business management teams across the investment management functions, providing sound commercial input and actively influencing demand upstream before commitments are made.
- Work with stakeholders to define requirements, design sourcing strategies and run go-to-market exercises; personally leading on complex sourcing projects, negotiations and commercial disputes.
- Manage supplier relationships across key categories, maintaining performance standards and providing project management structure on larger sourcing exercises to ensure timely and well-governed outcomes.
- Ensure savings are consistently captured and connected to a clear story of Procurement's value to senior management.
- Own the embedding of the Procurement Policy and controls framework, maintaining and improving Procurement MI, KPI reporting and governance touchpoints including Legal and TPRM.
- Drive continuous improvement of processes, tools and ways of working, proactively identifying new areas of opportunity.
Technical Competencies:
- CIPS qualified (essential).
- Educated to degree level or equivalent.
- Extensive experience leading procurement and sourcing projects in financial services.
- Strong strategic sourcing, category management and contract management expertise.
- Proven ability to negotiate large, complex deals and manage senior supplier relationships.
- Fluency across software, SaaS, data and technology vendor landscapes is a strong advantage.
- Appetite and aptitude for AI and new technologies.
Core competencies:
- Skilled communicator and relationship builder.
- Sets clear expectations and holds the line on standards.
- Proactive and delivery-focused.
- Open to new ideas; brings experience as a strength without letting it become a ceiling.
- Committed to continuous improvement in themselves, their team and the function.
Inclusion, Work-Life Balance and Benefits at Man Group
You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry.
You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering. Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance.
Equal Employment Opportunity Policy
Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws.
Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.
Procurement Manager in London employer: Man Group
Man Group is an exceptional employer that fosters a culture of inclusion and professional growth, making it an ideal place for individuals seeking to advance their careers in investment operations. With a commitment to work-life balance, employees benefit from flexible working arrangements, comprehensive benefits, and opportunities for community engagement through paid volunteering days. Located in London, the firm not only offers a dynamic work environment but also encourages collaboration and innovation, ensuring that every team member can contribute meaningfully to the firm's success.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Manager in London
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Man Group.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement Manager in London
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Man Group:Your cover letter should read like you’re chatting directly to Man Group. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Man Group.
How to prepare for a job interview at Man Group
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Man Group!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Man Group. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Man Group's culture.
