Procurement Specialist

Procurement Specialist

London Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
Titan Wealth Holdings Limited

At a Glance

  • Tasks: Shape and establish Titan Wealth's procurement function from the ground up.
  • Company: Join a fast-growing wealth management business with a dynamic work culture.
  • Benefits: Competitive salary, hybrid working, generous leave, and professional development support.
  • Why this job: Make a real impact by leading procurement strategies in a fast-paced environment.
  • Qualifications: 3-5 years in procurement, strong communication skills, and a degree in a related field.
  • Other info: Embrace creativity, commitment, and collaboration in a diverse and inclusive workplace.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Titan Wealth is a fast-growing wealth management business, both in the UK and internationally. It has evolved a fairer, more efficient and effective business model, structured to deliver leading advice‑led wealth management services, giving financial advisers and their clients the best opportunity to fulfil their dreams and ambitions.
We provide a dynamic work environment full of opportunity, one where individual and team initiative and contribution is encouraged, so that together we can deliver better outcomes for our clients over the long term.
The role
The Procurement Specialist will be instrumental in establishing Titan Wealth’s procurement function from the ground up, shaping supplier strategy, frameworks and governance. This role combines strategic sourcing, supplier management and compliance oversight to drive value across the Group.
With significant opportunities for cost optimisation and supplier consolidation, the successful candidate will need to be a strong communicator who can engage stakeholders, lead change and embed new processes effectively. This is a hands‑on role requiring commercial acumen, negotiation skills and the ability to operate independently in a fast‑paced, entrepreneurial environment.
Department Build‑Out – this role is pivotal in establishing the procurement function from scratch within Titan Wealth. The successful candidate will be responsible for supporting the design and implementation of procurement frameworks, policies and processes, laying the foundation for a scalable and effective procurement operation. This includes setting up supplier management structures, governance models and reporting mechanisms to support the Group’s strategic goals.
This role will report to the Group Head of Procurement and Vendor Management.
Responsibilities
Design and implement procurement processes and governance from the ground up
Establish procurement frameworks, tools and reporting dashboards to support a newly formed function
Act as the procurement lead in building a best‑in‑class function within a fast‑paced, entrepreneurial environment
Support the development and execution of the Group’s procurement strategy in line with business objectives
Manage end‑to‑end procurement processes, including supplier selection, RFPs, contract negotiation and onboarding
Establish and lead procurement processes from the ground up, including documentation, supplier evaluation and governance
Manage supplier relationships to ensure performance, compliance and value delivery across indirect spend categories
Drive cost optimisation, risk mitigation and operational efficiency through strategic sourcing and process improvement
Develop and maintain dashboards and reporting tools to track savings, supplier performance and procurement activity
Collaborate with internal stakeholders to align procurement strategies with business needs and budget objectives
Ensure procurement activities comply with regulatory standards and internal policies
Lead contract negotiations, supplier onboarding and performance reviews using KPIs and analytics
Maintain accurate procurement data, including contracts, spend analysis and third‑party risk documentation
Operate independently to build procurement frameworks and influence senior stakeholders for successful outcomes
Requirements
Technology & operational insight – experience working within a Finance/Technology function, understanding IT delivery, supplier management, risk and governance
Stakeholder management & communication – strong ability to engage and influence senior technology leaders, suppliers and finance teams, ensuring alignment and effective decision‑making
Experience in procurement and especially in a fast‑paced working environment
Degree or equivalent in Business, Supply Chain, Procurement or related field (CIPS qualification desirable)
Minimum 3–5 years’ experience in procurement, ideally within financial services or a regulated environment
Experience with procurement systems (e.g. Coupa, SAP Ariba) and spend analytics tools
Key Competencies
Strategic thinking and commercial awareness
Strong analytical and problem‑solving skills
Excellent communication and stakeholder engagement
Ability to manage multiple priorities in a fast‑paced environment
High attention to detail and organisational skills
Our employees are talented people, distinguished by excellence. You will be able to demonstrate a willingness to embrace the company values of:
Creativity – we recognise we need new ways of thinking, learning and doing to both improve our own productivity and efficiency as well as to help us stay ahead of competitors.
Commitment – we are a team with the willingness to put time, effort and energy into driving change in the organisation, going the extra mile.
Collaboration – we need teamwork amongst ourselves and with partners to generate more innovative, efficient and effective solutions and thereby a greater sense of achievement.
Terms
Competitive salary
Attractive Employee Pension Scheme (7.5% employer & minimum 3% employee)
25 days annual leave + public holidays
Buy and sell holidays up to 5 days
Office Christmas close (3 days)
A range of benefits which includes private medical insurance, Group life insurance and income protection insurance
Hybrid working
Further education and training support
Discretionary performance‑related bonus
Confidential Employee Assistance Programme
2 days per year for voluntary work
And lots of flexible benefits to choose from!
The Titan Wealth Group is firmly committed to fostering an inclusive and equitable environment for everyone who works with us, regardless of their race, age, gender, sexual orientation, religion, physical ability or disability, or political affiliation. We believe that having a diverse team allows us to create the best possible outcomes for our clients and team members. We strive to provide equal opportunities in all aspects of the workplace with respect to recruitment and career advancement, pay and benefits, training and development opportunities and other job‑related activities.
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Procurement Specialist employer: Titan Wealth Holdings Limited

Titan Wealth is an exceptional employer that champions a dynamic and inclusive work culture, offering significant opportunities for professional growth and development. As a Procurement Specialist, you will play a crucial role in shaping the procurement function from the ground up, supported by a competitive salary, attractive benefits, and a commitment to employee well-being through hybrid working and further education support. Join us in a fast-paced, entrepreneurial environment where your contributions are valued, and together we can drive meaningful change for our clients and the organisation.
Titan Wealth Holdings Limited

Contact Detail:

Titan Wealth Holdings Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Procurement Specialist

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their procurement strategies and be ready to discuss how your skills can help them achieve their goals. Show them you’re not just another candidate!

✨Tip Number 3

Practice your negotiation skills! As a Procurement Specialist, you’ll need to demonstrate your ability to negotiate effectively. Role-play with a friend or use online resources to sharpen those skills before the big day.

✨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.

We think you need these skills to ace Procurement Specialist

Procurement Strategy Development
Supplier Management
Contract Negotiation
Stakeholder Engagement
Cost Optimisation
Risk Mitigation
Process Improvement
Data Analysis
Governance Frameworks
Communication Skills
Analytical Skills
Attention to Detail
Project Management
Experience with Procurement Systems (e.g. Coupa, SAP Ariba)
Ability to Operate Independently

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Procurement Specialist role. Highlight your relevant experience in procurement, especially in fast-paced environments, and show how your skills align with Titan Wealth's needs.

Showcase Your Communication Skills: Since this role requires strong stakeholder engagement, don’t forget to demonstrate your communication prowess. Use examples from your past experiences where you successfully influenced decisions or led change.

Be Specific About Your Achievements: Quantify your successes in previous roles. Whether it’s cost savings, process improvements, or successful supplier negotiations, specific numbers can make your application stand out and show the value you can bring to Titan Wealth.

Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets the attention it deserves, and you’ll find all the details you need to get started!

How to prepare for a job interview at Titan Wealth Holdings Limited

✨Know Your Procurement Stuff

Make sure you brush up on your procurement knowledge, especially in areas like strategic sourcing and supplier management. Familiarise yourself with the latest trends and tools in the industry, such as Coupa or SAP Ariba, so you can speak confidently about how you would implement these in the role.

✨Showcase Your Communication Skills

As a Procurement Specialist, you'll need to engage with various stakeholders. Prepare examples of how you've successfully communicated and influenced decisions in past roles. This will demonstrate your ability to lead change and build relationships effectively.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific procurement challenges. Think about scenarios where you've had to negotiate contracts or manage supplier relationships. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.

✨Align with Company Values

Titan Wealth values creativity, commitment, and collaboration. Be ready to discuss how your personal values align with theirs. Share examples of how you've demonstrated these qualities in your previous roles, particularly in fast-paced environments.

Procurement Specialist
Titan Wealth Holdings Limited
Location: London

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