At a Glance
- Tasks: Shape and establish procurement strategies from scratch in a dynamic environment.
- Company: Join Titan Wealth, a fast-growing wealth management business with a collaborative culture.
- Benefits: Enjoy competitive salary, hybrid working, and generous annual leave plus many flexible benefits.
- Other info: Embrace creativity, commitment, and collaboration in a diverse and inclusive workplace.
- Why this job: Make a real impact by building a best-in-class procurement function and driving change.
- Qualifications: 3-5 years in procurement, strong communication skills, and a degree in a related field.
The predicted salary is between 36000 - 60000 € 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 both individual and team initiative and contribution is encouraged, so that together we can deliver better outcomes for our clients over the long term.
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
- Experience working within a Finance/Technology function, understanding IT delivery, supplier management, risk, and governance.
- Strong ability to engage and influence senior technology leaders, suppliers, and finance teams, ensuring alignment and effective decision-making.
- You must have 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.
Procurement Specialist employer: Titan Wealth Holdings Limited
Titan Wealth is an exceptional employer that champions a dynamic and inclusive work culture, offering employees the chance to shape a new procurement function from the ground up. With a commitment to professional growth, competitive benefits including a robust pension scheme, and a focus on collaboration and creativity, Titan Wealth provides a rewarding environment for those looking to make a meaningful impact in the wealth management sector.
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! Get out there and connect with people in the procurement field. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Titan Wealth and its procurement strategies. Understand their business model and think about how your skills can help shape their procurement function. Tailor your responses to show you’re not just a fit for the role, but also for their company culture.
✨Tip Number 3
Practice your negotiation skills! As a Procurement Specialist, you’ll need to demonstrate your ability to negotiate effectively. Role-play scenarios with friends or mentors to build confidence and refine your approach before the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining Titan Wealth and being part of their exciting journey in the wealth management space.
We think you need these skills to ace Procurement Specialist
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Procurement Specialist role. Highlight your experience in procurement, especially in fast-paced environments, and showcase how your skills align with Titan Wealth's goals.
Showcase Your Communication Skills:Since this role requires strong stakeholder management, don’t forget to demonstrate your communication abilities. Use examples from your past experiences where you successfully engaged with senior leaders or managed supplier relationships.
Be Specific About Your Achievements:Quantify your successes in previous roles. Whether it’s cost savings, process improvements, or successful negotiations, specific numbers can make a big impact and show how you can drive value at Titan Wealth.
Apply Through Our Website:We encourage you to apply directly 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 submit your application smoothly.
How to prepare for a job interview at Titan Wealth Holdings Limited
✨Know Your Procurement Stuff
Make sure you brush up on procurement processes, frameworks, and tools relevant to the role. Familiarise yourself with strategic sourcing and supplier management concepts, as well as any specific systems like Coupa or SAP Ariba that might be used.
✨Show Off Your Communication Skills
Since this role requires strong stakeholder engagement, prepare examples of how you've successfully communicated with senior leaders or managed supplier relationships in the past. Be ready to discuss how you can influence decision-making and drive change.
✨Demonstrate Your Analytical Prowess
Be prepared to showcase your analytical skills by discussing how you've used data to drive procurement decisions. Bring examples of dashboards or reporting tools you've developed to track savings or supplier performance.
✨Embrace the Entrepreneurial Spirit
Titan Wealth is looking for someone who can thrive in a fast-paced environment. Share experiences where you've operated independently, managed multiple priorities, and contributed to building something from the ground up. Show them you're ready to take initiative!