At a Glance
- Tasks: Lead exciting procurement projects and negotiate complex deals in a dynamic banking environment.
- Company: Join Metro Bank, where people come first and authentic connections matter.
- Benefits: Enjoy competitive salary, generous holidays, healthcare, and a great pension scheme.
- Other info: Hybrid working options available to support your work-life balance.
- Why this job: Make a real impact in banking while developing your career with internal promotion opportunities.
- Qualifications: Experience in procurement and strong negotiation skills are essential.
The predicted salary is between 54000 - 66000 £ per year.
At Metro Bank, we believe the best banking experience starts with people who genuinely care.
We're not just delivering banking services - we're building trust through authentic connections.
Here, our people come first; our colleagues are part of a team that values individuality, collaboration, and long-standing relationships.
We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible.
What you will do
- Planning major procurement projects inc. high value, high risk sourcing activity
- Building and leading diverse matrix teams to deliver to tight schedules
- Developing specifications for best of breed technology and services
- Supplier market analysis and benchmarking
- Identifying and selecting the best suppliers to work with
- Negotiating complex deals in a competitive environment
- Financial modelling of contracts and developing innovative financial deal structures where appropriate
- Negotiating contract terms, facing off against suppliers' lawyers.
- Avoiding commercial and risk pitfalls in the contracting process
- Influencing to exec level; establishing sufficient credibility to represent exec business owners in supplier negotiations
- Interacting with Legal, Risk, Finance, Info Sec and other senior stakeholders to ensure all relevant inputs have been taken into account during the selection and contracting process
- Savings, cost avoidance and value tracking
Cross-category procurement experience in the banking industry, but including IT / technology specific experience - Working in Financial Services - banking processes, systems, technology and operations
- Knowledge of the full procurement lifecycle
- Experience of developing, reviewing and agreeing contracts; negotiating high-value, complex supply contracts - legal, commercial and technical negotiation
- Experience of influencing stakeholders and decision makers in a matrix environment
- Strong knowledge of supplier markets - and supplier market research
- Experience in all aspects of formal sourcing and RFx
- Developing contract cost models over a horizon of up to 10 years
- Supplier and contract risk assessment
- Managing complex, cross-functional projects and presenting the results to executive-level management
- CIPS desirable but not required
We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts! - We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!
- #J-18808-Ljbffr
Procurement Manager employer: Metro Bank
At Metro Bank, we pride ourselves on being an employer that truly values its people, fostering a culture of collaboration and individuality in the heart of Holborn, Greater London. With a strong commitment to employee growth, we offer extensive training and internal promotion opportunities, ensuring that our team members can thrive in their careers while enjoying a competitive salary and a comprehensive benefits package. Our flexible working arrangements and focus on work-life balance make us an attractive choice for those seeking a meaningful and rewarding role in the banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Manager
✨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 Metro Bank.
✨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
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 Metro Bank:Your cover letter should read like you’re chatting directly to Metro Bank. 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 Metro Bank.
How to prepare for a job interview at Metro Bank
✨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 Metro Bank!
✨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 Metro Bank. 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 Metro Bank's culture.
