Sourcing Business Partner in London

Sourcing Business Partner in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Nest

At a Glance

  • Tasks: Be a trusted advisor, providing procurement advice and identifying value opportunities.
  • Company: Join Nest Invest, a forward-thinking firm in the investment management industry.
  • Benefits: Enjoy hybrid working, flexible hours, and a supportive work environment.
  • Other info: Dynamic role with opportunities for growth in a complex, multi-stakeholder environment.
  • Why this job: Make a real impact in strategic sourcing while collaborating with diverse teams.
  • Qualifications: Experience in commercial business partnering and understanding of investment management.

The predicted salary is between 60000 - 80000 £ 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.

Hybrid 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

Organisational Context:

The Finance Directorate, led by the Chief Financial Officer and their leadership team, is made up of two distinct teams: Finance and Strategic Sourcing. 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.

Key Responsibilities:

  • 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)

Sourcing Business Partner in London employer: Nest

Nest Invest is an exceptional employer that fosters a collaborative and innovative work culture, where the Sourcing Business Partner plays a pivotal role in driving value and strategic support within the organisation. With a commitment to employee growth, flexible working arrangements, and a focus on compliance and best practices, Nest Invest offers a rewarding environment for professionals looking to make a meaningful impact in the investment management sector. The hybrid working model allows for a balanced approach to work-life integration, making it an attractive choice for those seeking both professional development and personal fulfilment.

Nest

Contact Details:

Nest Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Sourcing Business Partner 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. 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 in London

Commercial Business Partnering
Strategic Support
Understanding of Managing Public Money
Compliance with PCR 2015
Compliance with PA 2023
Legal and Regulatory Requirements
Investment Management Industry Knowledge

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.

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'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

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.

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 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 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.