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- Tasks: Lead strategic procurements and ensure regulatory compliance in a dynamic financial environment.
- Company: Join a leading specialist in financial risk and insurance, shaping the future of the industry.
- Benefits: Enjoy competitive salary, private medical insurance, hybrid working, and professional development support.
- Why this job: Make a real impact on commercial strategy and governance in critical financial services.
- Qualifications: 3+ years in procurement, MCIPS qualified or working towards it, with public sector experience.
- Other info: Flexible hours and performance-related bonuses in a respected organisation.
The predicted salary is between 50000 - 60000 £ per year.
Procurement People are currently partnered with a leading specialist in the financial risk and insurance sector to recruit a Commercial Services Business Partner to sit within their Legal, Risk & Governance function. The organisation operates at the intersection of industry and government, providing critical stability within the financial markets. This role is a high-impact position responsible for leading a portfolio of strategic procurements, maintaining the commercial framework, and acting as a trusted consultant to the wider business. As a designated Control Owner within the Risk Management Framework, you will play a vital role in ensuring regulatory compliance and commercial excellence.
The Commercial Services Business Partner will provide tailored guidance to specific business units, managing high-value procurement activity and ensuring adherence to Cabinet Office guidance and FCA Conduct Rules. This role requires a commercially astute professional capable of navigating complex regulatory landscapes while driving value for money.
Key Responsibilities:
- Strategic Sourcing & Delivery: Lead regulated, high-value procurement activity and provide proactive support for both above and below-threshold projects.
- Business Partnering: Develop deep, trusted relationships with internal stakeholders to deliver joined-up approaches to service delivery and commercial engagements.
- Contract & Risk Management: Maintain the contracts register and milestones while proactively supporting the business in developing best-practice contract management policies.
- Compliance & Assurance: Act as a Control Owner for the Commercial Services function, ensuring robust governance and coordinating cross-functional assurance for GDPR and Information Security.
- Digital & Market Insight: Manage compliance with the Central Digital Platform, stay abreast of Cabinet Office guidance, and undertake detailed market analysis to support supplier development.
- Management Information: Utilize eSourcing portals and contract management platforms to provide high-quality MI that supports strategic decision-making.
Key Experiences:
- Professional Expertise: 3+ years of relevant procurement experience with a focus on running large-scale tenders and complex contract processes.
- Qualifications: MCIPS qualified or actively working towards MCIPS.
- Sector Background: Proven experience within the Public Sector, Finance, or Insurance sectors is essential.
- Regulatory Knowledge: Familiarity with regulated procurement legislation and the ability to comply with individual conduct rules as set out by the Financial Conduct Authority (FCA).
- Analytical Proficiency: Experience using reporting tools (e.g., Power BI) to create procurement dashboards and insight reports (Desirable).
- Systems Experience: Hands-on experience with eSourcing and Contract Management platforms (e.g., Delta).
This is a unique opportunity for a commercially-minded professional to join a highly respected organisation where they can influence commercial strategy and play a key role in shaping the governance of critical financial services.
Package:
- Competitive Base Salary
- Comprehensive Pension Scheme
- Private Medical Insurance
- Hybrid Working and Flexible Hours
- Performance-Related Bonus
- Professional Development Support (CIPS)
Commercial Services Business Partner in City of London employer: Procurement People
Contact Detail:
Procurement People Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Services Business Partner in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join relevant online groups, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their approach to procurement and risk management. This will help you tailor your responses and show that you're genuinely interested in the role. Plus, it’ll give you the confidence to ask insightful questions!
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the responsibilities of the Commercial Services Business Partner role. Highlight your procurement expertise and any relevant projects you've led. A clear, confident delivery can make all the difference.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you along the way. Plus, applying directly shows your enthusiasm and commitment to joining our team. Let’s get you that dream job!
We think you need these skills to ace Commercial Services Business Partner in City of London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in procurement and compliance. We want to see how your skills align with the role of Commercial Services Business Partner, so don’t hold back on showcasing your relevant achievements!
Showcase Your Expertise: Don’t forget to mention your MCIPS qualification or your journey towards it. We’re looking for someone with solid procurement experience, especially in regulated environments, so let us know how you’ve navigated complex contract processes in the past.
Highlight Your Stakeholder Skills: This role is all about building relationships, so share examples of how you've developed trusted partnerships with internal stakeholders. We want to see your ability to deliver joined-up approaches and how you’ve added value in previous roles.
Keep It Professional Yet Engaging: While we appreciate professionalism, we also love a bit of personality! Make your application engaging and reflective of who you are. Remember, you can apply directly through our website, and we can’t wait to hear from you!
How to prepare for a job interview at Procurement People
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around regulated processes and compliance with FCA Conduct Rules. Be ready to discuss your experience with large-scale tenders and how you've navigated complex contract management in the past.
✨Build Relationships
Since this role involves developing trusted relationships with internal stakeholders, think about examples where you've successfully collaborated with others. Prepare to share how you approach business partnering and ensure service delivery aligns with commercial engagements.
✨Showcase Your Analytical Skills
Be prepared to talk about your experience with reporting tools like Power BI. Highlight any dashboards or insight reports you've created that have influenced strategic decision-making, as this will demonstrate your analytical proficiency.
✨Stay Current with Regulations
Familiarise yourself with the latest Cabinet Office guidance and GDPR compliance. During the interview, show that you understand the importance of regulatory frameworks and how they impact procurement activities, as this will position you as a knowledgeable candidate.