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- Tasks: Lead strategic sourcing projects and manage relationships with key stakeholders.
- Company: Join an award-winning UK Financial Services Company making waves in the industry.
- Benefits: Enjoy a hybrid work model and competitive day rates.
- Why this job: Be part of impactful projects while developing your procurement skills in a dynamic environment.
- Qualifications: Significant procurement experience and strategic sourcing knowledge required.
- Other info: This is a short-term contract, perfect for gaining valuable experience.
3-4 months contract (day rate inside IR35)
Location - London or Reigate
Hybrid role
This award-winning specialist UK Financial Services Company are seeking a Procurement Manager for a short-term interim contract. Working on projects that require outsourcing and third party delivery across a range of supply commodities including external consulting, finance systems, marketing, IT and HR.
You will be delivering business partnering and commercial support to the business for complex sourcing requirements, which requires delivery of end to end procurement process, normally involving the running of sourcing events. You will be capable of developing a deep understanding of business needs and building clear credible relationships with senior stakeholders.
Key Activities- Establish strong relationships with key stakeholders to understand business needs, cost saving opportunities, deliver effective demand management and address third party risk management (TPRM) matters.
- Lead and manage end to end strategic and tactical sourcing projects across multiple categories, selecting appropriate sourcing event, following formal sourcing processes and handing off to the business and Supplier Relationship Management (SRM).
- Proactive identification of new sourcing initiatives through deep relationships with business leads and the change team.
- Negotiating commercial and contractual terms with third parties.
- Enabling budget holders to optimise their budgets and deliver business requirements at best value with minimised risk.
- Identifying and delivering cost saving and cost avoidance opportunities to meet budget holder targets, producing MI as required.
- Significant Procurement experience
- Strategic sourcing experience across multiple categories, with focus on enterprise scale third party providers and outsourcers
- Demonstrable knowledge and understanding of developing and deploying sourcing strategies, financial concepts and the ability to contribute to business cases
- Financial Services background helpful, as well as knowledge of regulatory guidelines for third party management (PRA, FCA)
- Previous experience of S2P or P2P systems is helpful
- Experience of complex transformation projects, involving outsourcing and offshoring
- Excellent stakeholder management
Procurement Manager ( 3 months+ ) employer: The Curve Group
Contact Detail:
The Curve Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager ( 3 months+ )
✨Tip Number 1
Network with professionals in the procurement field, especially those who have experience in financial services. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in procurement.
✨Tip Number 2
Familiarise yourself with the specific procurement processes and regulations relevant to the financial services sector. Understanding the PRA and FCA guidelines will give you an edge when discussing your expertise with stakeholders.
✨Tip Number 3
Prepare to discuss your previous experiences with strategic sourcing and how you've successfully managed end-to-end procurement projects. Be ready to share specific examples that highlight your ability to deliver cost savings and manage third-party risks.
✨Tip Number 4
Showcase your stakeholder management skills by preparing to discuss how you've built relationships with senior stakeholders in past roles. Highlight your approach to understanding their needs and delivering effective solutions that align with business objectives.
We think you need these skills to ace Procurement Manager ( 3 months+ )
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant procurement experience, especially in strategic sourcing and stakeholder management. Use specific examples that demonstrate your ability to deliver end-to-end procurement processes.
Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of the financial services sector and your experience with third-party risk management. Mention how your skills align with the company's needs and how you can contribute to their projects.
Showcase Relevant Skills: Highlight key skills such as negotiation, relationship building, and cost-saving initiatives. Provide concrete examples of how you've successfully managed sourcing projects and delivered value in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in procurement roles.
How to prepare for a job interview at The Curve Group
✨Understand the Procurement Landscape
Before your interview, make sure you have a solid grasp of procurement processes, especially in financial services. Familiarise yourself with key terms like S2P and P2P systems, as well as regulatory guidelines from bodies like the PRA and FCA.
✨Showcase Your Stakeholder Management Skills
Be prepared to discuss specific examples of how you've built relationships with senior stakeholders in previous roles. Highlight your ability to understand their needs and how you’ve successfully managed their expectations.
✨Demonstrate Strategic Sourcing Experience
Come ready to talk about your experience with strategic sourcing across multiple categories. Share examples of projects where you led end-to-end sourcing processes and how you identified cost-saving opportunities.
✨Prepare for Negotiation Scenarios
Expect questions around negotiation tactics and strategies. Think of instances where you negotiated commercial and contractual terms with third parties, and be ready to explain your approach and the outcomes.
