Senior Procurement Architect — Build Scalable Buying

Senior Procurement Architect — Build Scalable Buying

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Marshmallow

At a Glance

  • Tasks: Design and implement a procurement framework while leading negotiations with key suppliers.
  • Company: Fast-growing fintech startup aiming to revolutionise financial services.
  • Benefits: Flexible working, competitive bonuses, personal development budgets, and mental wellbeing support.
  • Other info: Opportunity for career growth and a chance to make a real impact.
  • Why this job: Join a dynamic team and shape procurement from the ground up in a thriving environment.
  • Qualifications: Experience in procurement, strong negotiation skills, and a proactive mindset.

The predicted salary is between 60000 - 80000 £ per year.

We’re on a mission to make migration easy. We started building Marshmallow in 2017. Since then, we’ve grown from 3 to 700+ people, gained unicorn status, raised ~£140M over three funding rounds, turned profitable, insured millions of drivers and lent millions in car loans. But we’re only just getting started. Our goal is to become one of the largest financial services providers in the world. Over the next 10 years we’ll grow exponentially, not only by scaling our existing products, but also by building new ones. To achieve our goals we need incredibly ambitious, commercially driven people who never settle for ‘good enough’. Marshmallowers are hungry for autonomy and ownership, and would rather improve than coast. Everyone raises standards and has an impact, with a focus on collective success over self-interest. We’ve created an environment where curious, tenacious people win and grow together. If that sounds motivating, this could be the place for you.

This is a rare opportunity for a commercially sharp procurement professional to build something from the ground up. We're an insurance and Car Finance business that has grown quickly, and our procurement function hasn't kept pace — spend is fragmented, supplier relationships are informal, and there are few consistent processes or controls in place. We're looking for someone who thrives in ambiguity, has the confidence to challenge the status quo, and gets genuine satisfaction from creating order out of chaos. You'll be the first dedicated procurement hire, which means you'll have real autonomy — and real accountability — to shape how we buy across the business. Whilst procurement is the primary focus of the role, the Senior Procurement Manager will also support the management of key partnerships (alongside the Partnerships Manager).

What you’ll be doing:

  • Build the foundation: Design and implement a procurement framework that's fit for purpose — covering policy, approval controls, supplier onboarding, purchase-to-pay processes, procurement tool operationalization and spend visibility.
  • Own commercial negotiations: Lead negotiations with key suppliers across categories including professional services, technology, facilities, logistics.
  • Drive cross-business engagement: Work closely with department heads and budget holders to understand their needs, challenge unapproved and unnecessary spend, and bring structured thinking to how we procure that sits within budget guardrails.
  • Establish governance and controls: Introduce appropriate approval workflows, delegation of authority set up, contract management disciplines, and supplier performance monitoring.
  • Create visibility of spend: Develop reporting and analytics that give leadership a clear picture of where money is going, which suppliers carry risk and where savings opportunities exist.
  • Build for scale: As the function matures, you may build out a small team.
  • Third Party Risk Management: Build and embed a third party risk management framework from the ground up.

Who you are:

We’re looking for someone who moves fast without cutting corners, challenges the status quo with a solutions mindset, and takes genuine ownership of outcomes. You'll be a commercially minded self-starter who is equally comfortable rolling up their sleeves and presenting to the SLT.

You have:

  • A bias for action.
  • A track record of delivering tangible cost savings and better commercial outcomes through negotiation.
  • The ability to design and implement processes — not just follow them.
  • Strong stakeholder management skills, with the confidence to push back constructively.
  • Analytical ability to interrogate spend data and identify opportunities.
  • A pragmatic mindset.
  • Experience managing contracts and supplier relationships across multiple categories.
  • Demonstrated experience designing and implementing third party risk management programmes.

Perks of the job:

  • Flexible working: Spend 3 days per week with your team in our new collaborative London office.
  • Competitive bonus scheme designed to reward and recognize high performance.
  • Flexible benefits budget £50 per month to spend on a Ben Mastercard.
  • Sabbatical Leave: Get a 4-week fully paid sabbatical after being with us for 4 years.
  • Work From Anywhere: 4 weeks work from anywhere to use, with no need to come to the office.
  • Mental wellbeing support: Access therapy and mental health sessions through Oliva.
  • Learning and development: Personal budgets for books and training courses to help you grow in your role.
  • Private health care: Enjoy all the benefits Vitality has to offer.
  • Medical cash plan: To help you with the costs of dental, optical and physio.
  • Tech scheme: Get the latest tech for less.
  • 25 days (plus bank holidays) pension, cycle to work scheme, monthly team socials and company-wide socials every month!

Background checks: As part of our commitment to maintaining a safe and trustworthy environment, we’ll carry out standard background checks, including a DBS and a Cifas check.

Diversity of thought: We know the best ideas come from having different perspectives in the room - and we're committed to hiring fairly, regardless of background, identity or experience. If you see yourself in this role, we'd encourage you to apply.

Senior Procurement Architect — Build Scalable Buying employer: Marshmallow

At Marshmallow, we pride ourselves on being an exceptional employer that fosters a culture of autonomy, collaboration, and continuous improvement. Our London office offers flexible working arrangements, competitive bonuses, and a unique benefits budget, allowing employees to tailor their perks to suit their needs. With a strong focus on personal growth and development, including dedicated learning budgets and mental wellbeing support, we empower our team members to thrive in a dynamic environment where their contributions truly matter.

Marshmallow

Contact Details:

Marshmallow Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Procurement Architect — Build Scalable Buying

Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that dream job.

Tip Number 2

Prepare for interviews by researching the company inside out. Know their mission, values, and recent news. This will help you tailor your answers and show them you're genuinely interested in being part of their journey.

Tip Number 3

Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. This will help you articulate your thoughts clearly and confidently when it’s your turn in the hot seat.

Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and appreciation for their time.

We think you need these skills to ace Senior Procurement Architect — Build Scalable Buying

Procurement Framework Design
Commercial Negotiation
Stakeholder Management
Analytical Skills
Process Implementation
Supplier Relationship Management
Third Party Risk Management

Some tips for your application 🫡

Show Your Passion:When writing your application, let your enthusiasm for the role shine through! We want to see that you're genuinely excited about the opportunity to shape our procurement function and make a real impact.

Be Specific:Use concrete examples from your past experiences to demonstrate how you've tackled similar challenges. We love seeing how you've turned chaos into order and delivered tangible results in procurement.

Tailor Your Application:Make sure to customise your application to reflect the specific requirements of the Senior Procurement Architect role. Highlight your skills in negotiation, stakeholder management, and process design to show us you’re the perfect fit!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!

How to prepare for a job interview at Marshmallow

Understand the Company Culture

Before your interview, dive deep into Marshmallow's mission and values. They’re looking for someone who thrives in ambiguity and challenges the status quo, so be ready to discuss how your experiences align with their culture of autonomy and ownership.

Showcase Your Procurement Expertise

Prepare specific examples of how you've successfully designed and implemented procurement processes in previous roles. Highlight any tangible cost savings you've achieved through negotiations, as this will resonate well with their need for a commercially sharp professional.

Demonstrate Stakeholder Management Skills

Think of instances where you’ve had to influence without authority. Be ready to share how you built credibility quickly with department heads and budget holders, as this is crucial for driving cross-business engagement at Marshmallow.

Be Ready to Discuss Risk Management

Since building a third-party risk management framework is part of the role, prepare to talk about your experience in supplier due diligence and ongoing monitoring processes. Show them you can create order out of chaos and have a pragmatic mindset when it comes to enforcing processes.