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- Tasks: Lead procurement initiatives and manage contract renewals to maximise cost efficiencies.
- Company: Join Newcastle Building Society, dedicated to connecting communities for a better financial future.
- Benefits: Enjoy hybrid working, competitive salary, corporate bonuses, and 30 days annual leave.
- Why this job: Be part of a transformative team focused on supplier management and community impact.
- Qualifications: Strong interpersonal skills and knowledge of procurement in professional services required.
- Other info: Flexible working arrangements and a commitment to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
Overview
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 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 on 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?
As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:
- 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
Work/Life Balance
- 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
Health and Wellbeing
- 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 gym’s
- 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. You can contact your Recruiter for this vacancy at kate.wilkinson@newcastle.co.uk
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Purchasing
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Procurement Manager employer: Newcastle Building Society
Contact Detail:
Newcastle Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager
✨Tip Number 1
Familiarise yourself with Newcastle Building Society's values and mission. Understanding their commitment to community and financial well-being will help you align your answers during interviews, showcasing how your procurement strategies can support their goals.
✨Tip Number 2
Network with current or former employees of Newcastle Building Society on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations for the Procurement Manager role.
✨Tip Number 3
Prepare specific examples of how you've successfully managed procurement processes in the past. Highlight your experience with contract renewals and risk management, as these are key responsibilities mentioned in the job description.
✨Tip Number 4
Stay updated on industry trends and best practices in procurement, especially within the professional services sector. Being knowledgeable about current challenges and innovations will demonstrate your proactive approach and readiness to contribute effectively.
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Procurement Manager at Newcastle Building Society. Highlight your relevant experience in procurement and supplier management in your application.
Tailor Your CV: Customise your CV to reflect the skills and experiences that align with the job description. Emphasise your interpersonal skills, knowledge of procurement in professional services, and any successful contract negotiations you've led.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for procurement and how your background makes you a perfect fit for the role. Mention specific examples of how you've maximised cost efficiencies or managed supplier relationships effectively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your professionalism.
How to prepare for a job interview at Newcastle Building Society
✨Know Your Procurement Basics
Make sure you have a solid understanding of procurement principles, especially within the professional services sector. Be prepared to discuss your experience with contract renewals and how you've optimised commercial terms in previous roles.
✨Demonstrate Interpersonal Skills
Since this role requires excellent interpersonal skills, think of examples where you've successfully collaborated with business owners or stakeholders. Highlight your ability to build relationships and manage supplier interactions effectively.
✨Showcase Your Risk Management Knowledge
Be ready to talk about how you've approached risk management in past procurement roles. Discuss specific strategies you've implemented to mitigate risks associated with third-party arrangements and how these contributed to overall efficiency.
✨Prepare Questions About Their Vision
Newcastle Building Society has a bold vision for their future. Prepare thoughtful questions about their transformation plans and how the Procurement Manager role fits into that vision. This shows your genuine interest in the company and its goals.
