At a Glance
- Tasks: Be a trusted advisor, providing procurement advice and managing sourcing activities for Nest Invest.
- Company: Join Nest, the UK's largest workplace pension scheme, committed to responsible investment.
- Benefits: Enjoy flexible working options, competitive salary, and a supportive work environment.
- Other info: Inclusive culture that values diversity and offers excellent career growth opportunities.
- Why this job: Make a real impact in the investment management industry while collaborating with diverse teams.
- Qualifications: Experience in commercial business partnering and strong understanding of investment management required.
The predicted salary is between 55000 - 65000 £ per year.
The Sourcing Business Partner role is a trusted advisor to Nest Invest (NI), collaborating with this part of the business to provide early commercial and procurement advice and identify opportunities to create better value & opportunity for NI. The Sourcing Business Partner will manage and deliver pipelines of procurement activities and collaborate with other business partners across the organisation, ensuring procurement activity is delivered to meet business needs and is compliant with the relevant regulations.
The minimum criteria for this role are:
- Good understanding of Managing Public Money, and compliance with PCR 2015, PA 2023 and legal and regulatory requirements
- Extensive experience of commercial Business Partnering, acting as a trusted partner, providing strong strategic support to internal stakeholders
- Strong understanding of the investment management industry
- Experience in complex, multi stakeholder environments, preferably financial services or asset management
- Strong commercial evaluation ability (pricing analysis, cost drivers, benchmarking)
Flexible and agile working:
- Hybrid of office and home working (there will be an expectation to attend the office, as required)
- Reduce or vary working hours
- Reduce or vary the days worked
- Work from home (or a different location)
- Work compressed hours
- Job share
This role would be responsible for delivering core activity within the Strategic Sourcing Team in support of sourcing & commercial activity carried out on behalf of Nest Invest. Nest Invest was established in 2019 and authorised as an Occupational Pension Scheme (OPS) firm by the FCA in 2020. OPS firms undertake investment management on behalf of a trustee or pension scheme and have the ability to manage more complex investment decisions and tasks in-house.
Nest is an award-winning workplace pension scheme, the largest in the country. Set up by the government to give every worker in the UK somewhere to save, our first-class responsible investment practice and governance are the backbone of what we do, supported by all the functions you’d expect to find in a thriving business. We’re committed to creating a workplace where you can be your authentic self and offer an inclusive and flexible working environment.
Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of their age, belief, disability, gender identity, marital status, national origin, pregnancy or caring responsibilities, socio economic background, sex, sexual orientation, religion or race or any other legally protected status. We also recognise the importance of diversity of thought and other forms of neurocognitive variation. We are a level 2 Disability Confident Leader under the Disability Confident Scheme. As a Disability Confident Committed organisation, we’re part of the guaranteed interview scheme.
Please note that this advert may close early if we receive a sufficient number of satisfactory applications.
Sourcing Business Partner – Nest Invest in London employer: Nest Pensions
Nest is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee well-being and professional growth. With a commitment to diversity, equity, and inclusion, Nest fosters an environment where every individual can thrive while contributing to meaningful goals in the pension sector. The hybrid working model allows for flexibility, ensuring that employees can balance their personal and professional lives effectively, all while being part of a forward-thinking organisation dedicated to managing substantial assets for millions of members.
StudySmarter Expert Advice🤫
We think this is how you could land Sourcing Business Partner – Nest Invest in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Nest Pensions. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Sourcing Business Partner – Nest Invest in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Nest Pensions.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Nest Pensions's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Nest Pensions
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nest Pensions.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Nest Pensions will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Nest Pensions employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
