At a Glance
- Tasks: Lead procurement activities, negotiate contracts, and collaborate across the bank.
- Company: Join Starling, Britain's first digital bank, transforming banking for good.
- Benefits: Enjoy 25 days holiday, private medical insurance, and a supportive work culture.
- Other info: Open to diverse backgrounds; flexible working discussions encouraged.
- Why this job: Accelerate your career in a dynamic environment focused on solving real customer problems.
- Qualifications: 1-3 years of procurement experience and strong analytical skills required.
The predicted salary is between 60750 - 74250 £ per year.
Hello, we’re Starling. Banking was broken – so we decided to fix it. The vision? Fast technology, fair service and honest values. All at the tap of a phone, all the time. We built Britain’s first digital bank. One hard-won banking licence later, we set about giving people a new way to spend, save and manage their money (and take better care of the planet, too). We’re changing banking for good.
Our culture is open, inclusive and focused on solving real customer problems, with an emphasis on doing the right thing, even when it’s not always the easy thing. From our approach to working together and sustainability to how we build our products, our decisions need to make the world – and Starling – a better place to be. Everyone at Starling is essential to our mission, which is really quite simple: to solve our customer’s problems – and build the best bank in the world!
We are looking for an ambitious, commercial Procurement Lead to join our Finance team’s Vendor function. Reporting directly to the Head of Procurement, this role is a fantastic opportunity for someone early in their career looking to accelerate their growth with hands-on experience and solid support. You will manage end-to-end procurement across various categories - from sourcing and negotiation to contracting - acting as a key commercial contact while collaborating across the entire bank.
Responsibilities
- Lead end-to-end procurement activity including sourcing, evaluation, negotiation and contracting.
- Work on contracts across a range of categories including technology, data, operational services, and people team - you may lead one or more categories and support others.
- Deliver cost savings through intelligent sourcing and negotiation - spotting and exploiting the commercial levers.
- Work on a combination of new to bank suppliers and contract renewals.
- Spot and exploit commercial opportunities in existing contracts.
- Support the development of systems and processes as the team evolves.
- Build strong relationships with internal stakeholders - winning them over through your expertise and the value you create.
- Work closely with the Supplier Risk teams ensuring supplier on-boarding is in line with process and regulations.
Knowledge & Experience
- 1-3 years’ procurement experience.
- Prior experience on a grad scheme or consulting is beneficial.
- Strong early career progression.
- Financial Services experience preferable.
- Strong academic background.
- Some hands on experience of the full Procurement cycle: Sourcing top quality suppliers, Negotiation, Comfortable developing/marking up contracts.
- Strong analytical skills - spreadsheet modelling a must; knowledge of basic financial analysis a bonus.
Behaviours & Competencies
- Problem solver with strong critical reasoning, numeracy and written and verbal communication.
- Strong planning and project management.
- Ability to work independently with a drive to deliver.
- Ability to engage with stakeholders at all levels.
- Strong analytical skills to cut through ambiguity and understand the nub of a challenge.
25 days holiday (plus take your public holiday allowance whenever works best for you). An extra day’s holiday for your birthday. Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off. 16 hours paid volunteering time a year. Salary sacrifice, company enhanced pension scheme. Life insurance at 4x your salary. Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton. Generous family-friendly policies. Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks. Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships.
You may be put off applying for a role because you don’t tick every box. Forget that! While we can’t accommodate every flexible working request, we’re always open to discussion. So, if you’re excited about working with us, but aren’t sure if you’re 100% there yet, get in touch anyway. We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems. Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace.
Procurement Lead employer: Starling Bank
At Engine by Starling, we pride ourselves on being an exceptional employer that champions innovation and collaboration within the banking technology sector. Our flexible working culture, generous benefits including 33 days of holiday and private medical insurance, and commitment to employee growth create a supportive environment where legal professionals can thrive. Located in a dynamic and rapidly growing company, you'll have the opportunity to work on impactful projects while enjoying a healthy work-life balance.
