At a Glance
- Tasks: Lead procurement initiatives and optimise costs across third-party relationships.
- Company: Join Newcastle Building Society, a community-focused financial institution.
- Benefits: Competitive salary, corporate bonus, flexible working, and generous leave.
- Why this job: Make a real impact in procurement while supporting local communities.
- Qualifications: Experience in procurement and strong interpersonal skills required.
- Other info: Inclusive workplace with excellent career growth and wellbeing support.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Procurement Manager role at Newcastle Building Society. Reporting to the Group Procurement Management, you will work closely with colleagues in Technology and Data and play a key role in identifying and implementing opportunities to optimise cost across third party relationships in these categories. You will deliver procurement initiatives in respect of new contracts and maintain a proactive approach to contract renewals whilst also focusing on managing risks across third-party arrangements.
We have a bold vision for our future business and are investing in our transformation. We are committed to improving our capability across people, systems and process. This is an excellent opportunity for the successful candidate to become part of a function that strives to drive forward procurement and supplier management within the business ensuring overall risk management whilst delivering value and efficiencies.
About You
You will have excellent interpersonal skills and a professional approach with a detailed knowledge of procurement within the professional services sector. You will pro-actively manage in-year contract renewals and lead procurement activities. There is a need to collaborate with business owners to ensure contracts are renewed on time with appropriate oversight and business support in respect of new contracts. Appropriate sourcing strategies and negotiation techniques must be adopted to optimise existing commercial terms and deliver value for money.
About Us
Newcastle Building Society's purpose is to connect communities in the North East with a better financial future. The Procurement and Supplier Management department is a central function that provides guidance and support to the business in managing supplier relationships throughout the Supplier Lifecycle, from identification of business needs through to exit. The function maintains responsibility for agreement of new supplier relationships and supplier reviews in line with an agreed structure. It embeds a framework that ensures processes and procedures are aligned with regulatory requirements, allows for oversight of supplier risk, and drives efficiencies and cost benefits.
As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are; we want colleagues to feel this is a place they belong. A place to be you.
What do you get in return?
- Corporate bonus scheme (on target 10%, up to a maximum 15%)
- Pension scheme (up to 9% employer contribution)
- Annual performance related pay reviews
- Electric car salary sacrifice scheme
- Life assurance (4x salary) and income protection
- Access to our financial advisers
- Access to a range of high street and online discounts
- A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
- 30 days' annual leave + bank holidays
- The option to buy and sell up to 5 days' holiday
- Hybrid working (typically 3 days' home based)
- Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood
- Private medical insurance
- Access to a health cash plan through a Medicash scheme
- Access to an employee assistance programme
- Free onsite gym at our Cobalt head office and access to discounted gyms
- Two paid volunteering days each year
- Cycle to work scheme
Recognising there's no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible; if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you.
Procurement Manager in Bath employer: Newcastle Building Society
Contact Detail:
Newcastle Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager in Bath
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for those interviews by researching the company and its procurement strategies. Show us that you understand their vision and how you can contribute to optimising costs and managing risks effectively.
✨Tip Number 3
Practice your negotiation skills! As a Procurement Manager, you'll need to demonstrate your ability to secure the best deals. Role-play with a friend or use online resources to sharpen those skills before your interview.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Procurement Manager in Bath
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement Manager role. Highlight your experience in procurement, especially in professional services, and showcase any relevant achievements that demonstrate your ability to optimise costs and manage supplier relationships.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about procurement and how your skills align with our vision at Newcastle Building Society. Don’t forget to mention your interpersonal skills and proactive approach to contract management.
Showcase Your Collaboration Skills: Since this role involves working closely with colleagues in Technology and Data, make sure to highlight any past experiences where you successfully collaborated with different teams. We love seeing candidates who can work well with others to achieve common goals!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.
How to prepare for a job interview at Newcastle Building Society
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially within the professional services sector. Be ready to discuss specific strategies you've used in the past to optimise costs and manage supplier relationships.
✨Show Off Your Interpersonal Skills
Since this role requires excellent interpersonal skills, think of examples where you've successfully collaborated with colleagues or stakeholders. Prepare to share how you’ve navigated tricky negotiations or contract renewals.
✨Be Proactive About Risks
Understand the importance of risk management in procurement. Come prepared with examples of how you've identified and mitigated risks in previous roles, particularly in third-party arrangements.
✨Align with Their Vision
Familiarise yourself with Newcastle Building Society's vision and values. Be ready to discuss how your approach to procurement can contribute to their goals of driving efficiencies and connecting communities in the North East.