At a Glance
- Tasks: Lead procurement strategies and optimise spend for Corporate Services at Schroders.
- Company: Join Schroders, a global leader in asset and wealth management.
- Benefits: Competitive salary, diverse workplace, and opportunities for professional growth.
- Other info: Dynamic environment with a focus on continuous improvement and innovation.
- Why this job: Make a real impact on procurement while championing sustainability and ethical sourcing.
- Qualifications: 10+ years in strategic procurement with strong communication and analytical skills.
The predicted salary is between 70000 - 90000 £ per year.
At Schroders, we focus on helping our clients achieve their financial goals and build future prosperity. As a global asset and wealth manager, Schroders delivers a broad range of investments designed to meet the diverse needs of institutions, intermediaries and high net worth individuals. For over 200 years we have built principled partnerships with our clients, putting them at the centre of everything we do. They trust us to deliver sustainable returns through times of economic prosperity and of uncertainty. We are a global business, managed locally. Our international presence supports us in understanding the needs of our clients and delivering them the right expertise from across the business. As an active investment manager we believe that we have an important role to play in driving better outcomes for our clients and society as a whole. We bring together people and data to identify the trends that will shape the prosperity of individuals, businesses and future generations.
Group Procurement is the centre of excellence for active commercial management of all of Schroders’ supply chain, enabled by great people, disciplined cost management and seamless risk and compliance. Group Procurement sits within the COO Corporate Functions, supporting the wider business on all its third‑party commercial activity. The team are made up of multiple disciplines across Market Data, Technology, Corporate Services, Third Party Risk and Operations, located across London, Horsham, Singapore, and New York.
We are seeking a dynamic and experienced Procurement Manager for the Corporate Services category team. The role will provide procurement expertise across the Group to maximise long‑term value. Based in London and reporting to the Head of Corporate Service Procurement, this role will identify and implement global procurement opportunities across the procurement lifecycle.
Key Responsibilities
- Defining and executing category strategies in line with procurement objectives
- Identifying opportunities to leverage group frameworks and optimise spend across categories
- Build strong relationships with senior stakeholders, advising on approach to market, optimum commercial models and supplier relationship management
- Act as a trusted advisor to the business, challenging and influencing stakeholders to ensure the best outcome for Schroders
- Provide category insights and market intelligence to support stakeholder decision‑making
- Ensure compliance with regulatory and governance requirements throughout sourcing activities
- Lead end‑to‑end sourcing activities including RFx development, supplier evaluation and contract negotiation
- Deliver cost savings, service quality improvements and risk mitigation through strategic supplier management
- Champion sustainability, diversity and ethical sourcing within the supply chain
- Champion continual improvement and procurement best practice within the global business
- Report on procurement activities including savings and benefits achieved to management
Essential Skills / Experience
- 10+ years of experience in a similar role with demonstrable success in a strategic procurement team
- Strong knowledge of best‑practice procurement processes within Corporate Services Procurement
- Flexible approach to work with an ability to adapt to change and reprioritise as needed
- Excellent communication, able to influence and persuade others while building relationships with key business stakeholders and strategic suppliers
- Track record of global/regional delivery across complex environments
- Strong analytics experience, using data to provide insight and inform strategic decision making
- Excellent organisation, presentation and problem‑solving skills
- Advanced commercial and negotiation capabilities
- Experience utilising and managing procurement systems and tools
- Well connected, staying up‑to‑date with latest category and market intelligence
- Proven track record embedding sustainability and governance frameworks in procurement
Desirable Skills / Experience
- Financial Services experience
- M&A experience
- Procurement transformation experience
Personal Attributes
- Personable and adaptable
- Team player with the ability to work with minimal supervision in a dynamic and time‑critical environment
- Continuous improvement mindset, challenges the status quo and seeks self‑improvement
- Earn respect from colleagues and complete tasks at either end of the complexity spectrum
- Critical thinker with ability to assess situations logically and make sound judgments
- Flexible approach to work with an ability to adapt to change
We are an equal opportunities employer. You are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio‑economic background or any other protected characteristics.
Procurement Manager - Corporate Services employer: Schroders UK
At Schroders, we pride ourselves on being an exceptional employer, offering a collaborative and inclusive work culture that empowers our employees to thrive. Based in London, the Procurement Manager role provides unique opportunities for professional growth within a global asset management firm, where you can make a meaningful impact on our procurement strategies while championing sustainability and ethical sourcing. With a commitment to employee development and a focus on delivering value to our clients, Schroders is dedicated to fostering a workplace where innovation and excellence are at the forefront.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Manager - Corporate Services
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Schroders UK.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement Manager - Corporate Services
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Schroders UK:Your cover letter should read like you’re chatting directly to Schroders UK. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Schroders UK.
How to prepare for a job interview at Schroders UK
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Schroders UK!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Schroders UK. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Schroders UK's culture.
