Procurement Analyst| S2 | CFO |Multiple Locations
Procurement Analyst| S2 | CFO |Multiple Locations

Procurement Analyst| S2 | CFO |Multiple Locations

Milton Keynes Full-Time 28800 - 43200 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support the Procurement team in achieving cost targets and enhance supplier management.
  • Company: Join Santander UK, a leading financial services provider focused on innovation and customer satisfaction.
  • Benefits: Enjoy hybrid working, 27 days holiday, pension contributions, and a range of health services.
  • Why this job: Be part of a dynamic team driving cost management and procurement improvements with real impact.
  • Qualifications: Experience in category management and strong analytical skills are essential; familiarity with procurement systems is a plus.
  • Other info: Flexible working patterns available; we celebrate diversity and support your development.

The predicted salary is between 28800 - 43200 £ per year.

Procurement Analyst| S2 | CFO |Multiple Locations

Country: United Kingdom

Join our community:

As the Procurement Analyst you will support the Category & Sourcing Lead and Managers, assisting Santander UK and other group entities that Santander UK provide service to in achieving its cost to income targets.

This role will contribute to enabling the Procurement team in being the first point of call for professional advisory support to achieve the optimum outcomes for the bank. The role helps maintain and analyse MI and data that is required for day-to-day management of category, sourcing and supplier management as well as looking for opportunities to enhance the value for the business.

The difference you’ll make:

As a Procurement Analyst you’ll play a key part in the continual evolvement of Cost Management and Procurement, driving us towards Even Better Cost Management and Procurement. Providing cross business and category analysis you will help identify opportunities to improve sourcing outcomes and see these from ideation to execution. You will act as an expert reference point for the banks cost management process and the external market. You will also ensure that quality, compliance and cost-effectiveness of the work delivered by our suppliers meets Santander expectations

The specific responsibility of the role is to lead and manage the team to deliver the following:

  • Day to day tracking of output and sourcing pipeline delivery of tactical procurement.

  • Understand and analyse data to support the production and maintenance of relevant MI & Reporting; including contributing to category strategies, sourcing activities, savings reporting and supplier management packs and meetings.

  • Contribute ideas to drive cost and business benefits (tangible & intangible) to deliver against Procurement and business targets

  • Support in the generation of RFXs and negotiation strategies

  • Delivery of negotiations through procurement systems.

What you’ll bring:

  • Experience of successful category management in a global procurement organization.

  • Strong sourcing administration skills, gained from execution of sourcing activity at volume.

  • Analytical skills and knowledge

  • Experience in operating in procurement systems (SAP, Globality etc)

It would also be nice for you to have:

  • Basic knowledge of the Financial Services regulatory framework

  • Experience in analytical tools, (BI, Tableau etc)

  • Experience of supplier management

What else you need to know:

Our preferred location for this role is Unity Place we will also consider applications from Bradford and Glasgow.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (pro-rata for part-time roles).

If you apply for this role in (this /any of these) locations, it’s important you consider your travelling distance, time and cost from your home to the office location(s).

We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.

Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.

How we’ll reward you.

As well asasalary, we offer a wide range of benefits that you can choose from and tailor to your needs.For part-time / contract roles, your salary, bonus (where eligible) and certain benefits will be prorated to reflect your working hours / contract duration.

  • £500annual cash allowance to spend on our great range of benefits.*Include salary where authorised

  • Eligible for a discretionary performance-related annual bonus.

  • We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.

  • 27 days’ holiday plus bank holidays, which increases to 28 days after 5yrs service, with the option to purchase up to 5 contractual days per year.

  • Free access to a range of digital health services, including GP.

  • Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.

  • 24/7 access to an online employee discount platformincluding retailers, entertainment, eating out, travel and more.

  • Voluntary healthcare benefits at discounted rates.Including: medical insurance, dental insurance, and health assessments.

What to do next:

If this sounds like a role you’re interested in, then please apply.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through email. You can contact us at

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Procurement Analyst| S2 | CFO |Multiple Locations employer: Santander USA

At Santander, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Procurement Analyst, you will benefit from a hybrid working model, competitive salary, and a comprehensive benefits package tailored to your needs, including generous holiday allowances and pension contributions. Our commitment to diversity and inclusion ensures that every employee feels valued and supported in their professional growth, making Santander a truly rewarding place to advance your career.
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Contact Detail:

Santander USA Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Procurement Analyst| S2 | CFO |Multiple Locations

✨Tip Number 1

Familiarise yourself with procurement systems like SAP and Globality, as these are crucial for the role. Having hands-on experience or even completing relevant online courses can give you an edge during discussions.

✨Tip Number 2

Brush up on your analytical skills by using tools like BI and Tableau. Being able to demonstrate your ability to analyse data effectively will show that you're ready to contribute to category strategies and sourcing activities.

✨Tip Number 3

Network with professionals in the procurement field, especially those who have experience in financial services. Engaging in conversations about best practices and challenges can provide insights that will be valuable in interviews.

✨Tip Number 4

Prepare to discuss your previous experiences in category management and sourcing. Be ready to share specific examples of how you've driven cost savings or improved supplier relationships, as this will highlight your suitability for the role.

We think you need these skills to ace Procurement Analyst| S2 | CFO |Multiple Locations

Category Management
Sourcing Administration
Data Analysis
Management Information (MI) Reporting
Procurement Systems (SAP, Globality)
Negotiation Strategies
Supplier Management
Analytical Tools (BI, Tableau)
Cost Management
Compliance Knowledge
Cross-Business Analysis
Problem-Solving Skills
Communication Skills
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in procurement and category management. Use keywords from the job description, such as 'sourcing administration skills' and 'analytical skills', to demonstrate your fit for the role.

Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Procurement Analyst position at Santander. Mention specific examples of how your previous experience aligns with the responsibilities outlined in the job description.

Showcase Analytical Skills: Since the role requires strong analytical skills, include examples of how you've successfully used data analysis in past roles. Mention any tools you’ve used, like BI or Tableau, to strengthen your application.

Highlight Team Collaboration: Emphasise your ability to work collaboratively within a team. Provide examples of how you've contributed to team goals in previous positions, especially in relation to cost management and procurement.

How to prepare for a job interview at Santander USA

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Procurement Analyst. Familiarise yourself with key terms like category management, sourcing strategies, and supplier management. This will help you answer questions confidently and demonstrate your knowledge.

✨Showcase Analytical Skills

Prepare to discuss your analytical skills and experience with data analysis tools. Be ready to provide examples of how you've used data to drive decisions in previous roles, especially in procurement or sourcing contexts.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you identified cost-saving opportunities or improved procurement processes, and be ready to explain your thought process.

✨Research the Company Culture

Familiarise yourself with Santander's values and culture. Understanding their commitment to diversity and inclusion can help you align your answers with their expectations and show that you're a good fit for their team.

Procurement Analyst| S2 | CFO |Multiple Locations
Santander USA

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