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- Tasks: Lead strategic procurements and ensure compliance in a high-impact role.
- Company: Join a leading specialist in financial risk and insurance.
- Benefits: Competitive salary, hybrid working, private medical insurance, and professional development support.
- Why this job: Shape commercial strategy and influence governance in critical financial services.
- Qualifications: 3+ years of procurement experience and MCIPS qualification preferred.
- Other info: Dynamic environment with opportunities for career growth and flexible hours.
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 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 London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to potential contacts. 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 some great talking points!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. Focus on articulating your experience in procurement and how it aligns with the role of a Commercial Services Business Partner.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, go ahead and submit your application today!
We think you need these skills to ace Commercial Services Business Partner in 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 Analytical Skills: If you've used reporting tools like Power BI or have experience with eSourcing platforms, make sure to include that! We love seeing candidates who can provide insights through data, as it’s a key part of the role.
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. Plus, it’s super easy!
How to prepare for a job interview at Procurement People
✨Know Your Stuff
Make sure you brush up on your procurement knowledge, especially around regulated processes and compliance with FCA Conduct Rules. Familiarise yourself with the specific challenges in the financial risk and insurance sector, as this will show that you're not just a generalist but someone who understands the nuances of the industry.
✨Build Relationships
Since this role involves developing trusted relationships with internal stakeholders, think about how you can demonstrate your interpersonal skills during the interview. Prepare examples of how you've successfully partnered with different teams in the past to deliver results, as this will highlight your ability to collaborate effectively.
✨Showcase Your Analytical Skills
Be ready to discuss your experience with reporting tools like Power BI and how you've used them to create insightful procurement dashboards. This is a key part of the role, so having specific examples of how your analytical skills have driven decision-making will set you apart from other candidates.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities in complex regulatory landscapes. Think through potential challenges you might face in the role and how you would approach them, particularly in terms of maintaining compliance and driving value for money.