At a Glance
- Tasks: Lead global supply chain strategies and drive innovative solutions in Payments.
- Company: Join a dynamic company focused on enhancing customer outcomes through strategic procurement.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Exciting role with excellent career advancement opportunities in a fast-paced environment.
- Why this job: Make a meaningful impact while collaborating with senior stakeholders and driving sustainable value.
- Qualifications: Strong supply chain knowledge and experience in managing supplier relationships.
The predicted salary is between 60000 - 80000 £ per year.
Join us as a Procurement Lead, Payments. Play a key role in strengthening our competitive position, using supply chain expertise to enhance performance and deliver improved customer outcomes. You’ll drive innovative supply chain solutions that align to our cost objectives and risk appetite while driving sustainable value. This is an opportunity to take on a highly visible role with strong exposure across the business, along with the opportunity to make meaningful impact through your work. This is a hybrid role with an expectation for you to go into the office a minimum of two days per week to connect with your team.
What you’ll do:
- As a Procurement Lead, you’ll drive joined-up, global supply chain strategies that span the full contract life cycle across multiple spend categories, geographies, and business areas.
- You’ll partner closely with senior Payments stakeholders to translate strategic objectives into sourcing and supplier strategies aligned to customer experience, regulatory requirements and transaction volumes.
- You’ll lead complex, high-value sourcing initiatives across Payments suppliers, shaping negotiations, renewals and major contracts while applying strong commercial, financial and risk judgement.
- You’ll act as a trusted supply chain advisor to senior stakeholders, influencing decisions through data-driven insights, benchmarking, and deep market knowledge.
- You’ll take ownership of developing and managing a forward-looking sourcing pipeline, aligned to business priorities such as growth, cost efficiency, regulatory change, and platform transformation.
- You’ll manage key Payments supplier relationships, driving performance against SLAs, resolving issues, and delivering continuous improvement.
- You’ll drive cost reduction across Payments spend, balancing efficiency with customer experience, resilience and risk.
- You’ll ensure governance, documentation and reporting meet regulatory and audit requirements, including operational resilience and third-party risk expectations.
- You’ll identify and mitigate supplier and service risks, proactively addressing issues such as outages, concentration risk and resilience gaps.
- You’ll support Payments transformation initiatives, including platform modernisation, cloud migrations and new capabilities, embedding simplified sourcing approaches.
- You’ll use Payments data and market insight to identify opportunities, risks and optimisation levers across supplier and service performance.
- You’ll build strong cross-functional relationships across Technology, Operations, Risk, Legal and Finance to unblock delivery and support stable payment services.
The skills you'll need:
- Strong commodity and supply chain market knowledge across a variety of global categories.
- A proven track record of delivering successful outcomes.
- Experience of leading and developing strategic, business critical supplier relationships and contracts, driving sustainable improvements and long-term value.
- Well-versed in contract law and legal considerations relevant to supply chain, enabling you to operate confidently in complex commercial environments.
- Experience of applying supply chain skills and techniques to challenge and enhance business strategy to deliver improved outcomes.
- A proven track record of taking ownership and resolving issues within a supply chain services environment.
- Experience of designing and implementing a variety of supply chain models, such as offshore, outsourcing, utility and make-versus-buy approaches.
- Excellent stakeholder management skills, with the ability to build and maintain complex relationships across multiple business areas.
Procurement Lead, Payments employer: NatWest Group
As a Procurement Lead in Payments, you will thrive in a dynamic and inclusive work environment that prioritises employee growth and collaboration. Our hybrid work model fosters flexibility while ensuring you connect with your team regularly, allowing for meaningful contributions to our innovative supply chain strategies. With a strong focus on professional development and a commitment to sustainability, we empower our employees to drive impactful change and enhance customer outcomes.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Lead, Payments
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its supply chain strategies. Be ready to discuss how your experience aligns with their goals, especially around cost efficiency and risk management. Show them you’re not just another candidate!
✨Tip Number 3
Practice your negotiation skills! As a Procurement Lead, you'll need to demonstrate your ability to drive value and manage supplier relationships. Role-play scenarios with friends or mentors to build confidence before those big discussions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team and contributing to our innovative supply chain solutions.
We think you need these skills to ace Procurement Lead, Payments
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Procurement Lead, Payments. Highlight your supply chain expertise and any relevant experience that aligns with our objectives. We want to see how you can enhance performance and deliver improved customer outcomes!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've driven innovative supply chain solutions in the past and how you can bring that same energy to us.
Showcase Your Stakeholder Management Skills:In your application, don’t forget to highlight your experience in managing complex relationships across various business areas. We’re looking for someone who can influence decisions and drive performance, so make sure to include relevant examples!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at NatWest Group
✨Know Your Supply Chain Stuff
Make sure you brush up on your knowledge of supply chain strategies and market trends. Be ready to discuss how you've applied these skills in previous roles, especially in relation to Payments. This will show that you can drive innovative solutions and understand the complexities of the role.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems or describe past experiences. Think about specific examples where you've successfully managed supplier relationships or driven cost reductions. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Showcase Your Stakeholder Management Skills
This role requires excellent stakeholder management, so be prepared to discuss how you've built and maintained relationships across different business areas. Highlight any experience you have in influencing decisions through data-driven insights, as this will resonate well with the interviewers.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory and audit requirements relevant to the Payments sector. Be ready to discuss how you've ensured compliance in past roles, as this will demonstrate your ability to manage risks effectively and align with the company's governance expectations.