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For Companies At a Glance
- Tasks: Lead procurement strategy and manage supplier relationships in a dynamic FinTech environment.
- Company: Join a mid-sized, post-funded financial services entity making waves in the industry.
- Benefits: Enjoy hybrid working, a competitive salary, and a comprehensive benefits package.
- Why this job: This role offers professional growth and the chance to make a real impact in finance.
- Qualifications: 10+ years in managerial procurement roles, ideally with a degree in Business or related fields.
- Other info: Based in London or Edinburgh, this position is perfect for experienced leaders ready for a challenge.
The predicted salary is between 120000 - 139000 £ per year.
- Head of Procurement – FinTech / Wealth & Asset Management Sector Experience
- London or Edinburgh Based. Hybrid Working 50:50
About Our Client
Our client is a mid-sized, post-funded entity in the financial services industry.
Job Description
- Develop and implement the procurement and category strategy.
- Manage supplier relationships and contracts effectively.
- Monitor procurement processes and systems to ensure compliance and efficiency.
- Lead and mentor the Procurement & Supply Chain team.
- Collaborate with various departments to align procurement strategy with company goals.
- Identify cost-saving opportunities and drive cost reduction initiatives.
- Oversee risk management within the procurement process.
- Stay updated on industry trends and apply best procurement practices.
The Successful Applicant
Head of Procurement
- A degree in Business, Procurement, Supply Chain Management, or a related field.
- MCIPS – ideally
- 10+ years experience in a managerial procurement role within the financial services industry.
- 15 years in procurement with TPRM and supply chain governance experience.
- Strong leadership and team management skills.
- High level stakeholder management internally and externally
- Excellent negotiation and supplier management abilities.
- Proficiency in procurement software and systems.
- Sound understanding of procurement regulations and best practices.
What’s on Offer
- Salary: ranging between £120,000 and £139,000 per annum base + package
- A comprehensive benefits pack.
- Challenging and rewarding role within a leading financial services company.
- Professional growth and development opportunities.
We invite you to apply if you have the skills and drive to succeed in this challenging role within the financial services industry in London.
Head of Procurmenet - Based in London or Edinburgh employer: Michael Page (UK)
Contact Detail:
Michael Page (UK) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Procurmenet - Based in London or Edinburgh
✨Tip Number 1
Make sure to highlight your experience in the financial services sector, especially if you have worked in FinTech or Wealth & Asset Management. This will show that you understand the unique challenges and opportunities within this industry.
✨Tip Number 2
Demonstrate your leadership skills by sharing specific examples of how you've successfully managed teams in previous roles. This is crucial for a Head of Procurement position where mentoring and team management are key responsibilities.
✨Tip Number 3
Stay updated on the latest procurement trends and best practices. Being able to discuss recent developments in procurement during your interview will show that you are proactive and knowledgeable about the field.
✨Tip Number 4
Prepare to discuss your negotiation strategies and supplier management experiences. Providing concrete examples of successful negotiations can set you apart from other candidates.
We think you need these skills to ace Head of Procurmenet - Based in London or Edinburgh
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in procurement, especially within the financial services sector. Emphasize your managerial roles and any relevant certifications like MCIPS.
Craft a Compelling Cover Letter: In your cover letter, clearly articulate your understanding of procurement strategies and how you have successfully implemented them in previous roles. Mention specific achievements that demonstrate your leadership and negotiation skills.
Showcase Relevant Experience: Detail your experience with supplier management and contract negotiations. Provide examples of cost-saving initiatives you've led and how they benefited your previous employers.
Highlight Industry Knowledge: Demonstrate your knowledge of current trends in procurement and the financial services industry. Mention any best practices you have applied in your previous roles to show you are up-to-date with industry standards.
How to prepare for a job interview at Michael Page (UK)
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the FinTech and Wealth & Asset Management sectors. Discuss recent trends, challenges, and innovations in procurement that are specific to these industries.
✨Highlight Leadership Experience
Prepare examples that showcase your leadership skills, especially in managing teams and mentoring staff. Be ready to discuss how you've successfully led procurement initiatives and improved team performance.
✨Discuss Cost-Saving Initiatives
Be prepared to talk about specific cost-saving opportunities you've identified and implemented in previous roles. Use quantifiable results to illustrate your impact on the organization's bottom line.
✨Demonstrate Stakeholder Management Skills
Share experiences where you've effectively managed relationships with both internal and external stakeholders. Highlight your negotiation skills and how you've navigated complex supplier relationships.
