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- Tasks: Lead strategic procurement projects and manage supplier relationships in a fast-paced environment.
- Company: Join a dynamic team focused on innovation and efficiency.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real impact by optimising supplier performance and driving cost efficiencies.
- Qualifications: Experience in supplier management and project execution is essential.
- Other info: Exciting career development opportunities in a supportive workplace.
The predicted salary is between 50000 - 65000 ÂŁ per year.
We're looking for a Procurement Manager to join our growing team, driving strategic procurement initiatives and supplier risk management in a dynamic environment.
Responsibilities
- Own and run strategic implementation projects within the business to improve efficiencies.
- Supervise and perform supplier relationship management activity in line with PRA & FCA regulations, overseeing a robust supplier management programme covering contract obligations, service levels, due diligence, renewal and exit planning.
- Support senior internal stakeholders in executing supplier management policies and procedures, ensuring commercial performance oversight is balanced with operational risk management.
- Engage internal stakeholders and external suppliers to identify and execute costâefficiency improvements, balancing optimisation with risk management.
- Work closely with the 2nd Line Risk team daily to ensure alignment with internal controls.
- Create regular management information for business stakeholders, Risk Management and the Board Risk Committee.
- Contribute to the continuous improvement of frameworks and processes that manage suppliers for performance, risk and value.
Qualifications
- Demonstrable experience successfully managing crossâcategory supplier relationships with close business partnership.
- Experience running procurement tenders and understanding risks and governance for supplier onboarding (banking experience preferred but not required).
- Extensive supplier relationship management (SRM) experience.
- Project management experience.
- Experience with supplier onboarding and governance.
- Process implementation experience.
- Proficiency in Microsoft PowerPoint and Excel.
- Strong subjectâmatter expertise in commercial and operational risk management of suppliers across a range of categories.
- Excellent communication skills to liaise with business stakeholders and hold them to account.
- Strong problemâsolving and analytical skills, with the ability to prioritise, work under pressure and meet deadlines while maintaining accuracy and attention to detail.
- Desirable knowledge of PRA, FCA regulations, PRA Outsourcing & TPRM requirements, EBA Outsourcing Guidelines and FCA SYSC8; willingness to quickly learn and apply these frameworks is sufficient if not already possessed.
- Right to work in the United Kingdom or the country of choice.
Procurement Manager in Westminster employer: Zopa Bank Limited
Contact Detail:
Zopa Bank Limited Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Procurement Manager in Westminster
â¨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field and let them know you're on the hunt for a new role. You never know who might have the inside scoop on job openings or can put in a good word for you.
â¨Tip Number 2
Prepare for interviews by researching the company and its procurement strategies. Tailor your answers to show how your experience aligns with their needs, especially around supplier relationship management and risk oversight.
â¨Tip Number 3
Donât just wait for job postings! Be proactive and reach out directly to companies you admire. Express your interest in potential opportunities and highlight how you can add value to their procurement team.
â¨Tip Number 4
Keep your LinkedIn profile updated and engaging. Share insights about procurement trends or your experiences with supplier management. This not only showcases your expertise but also attracts recruiters looking for someone like you!
We think you need these skills to ace Procurement Manager in Westminster
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV speaks directly to the Procurement Manager role. Highlight your experience in managing supplier relationships and any relevant project management skills. We want to see how you can drive strategic procurement initiatives!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific examples of how you've improved efficiencies or managed risks in previous roles. Let us know what makes you tick!
Show Off Your Skills: Donât forget to showcase your proficiency in Microsoft PowerPoint and Excel. If youâve got experience with supplier onboarding and governance, make sure thatâs front and centre. We love seeing those strong analytical skills in action!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you donât miss out on any important updates. We canât wait to hear from you!
How to prepare for a job interview at Zopa Bank Limited
â¨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around supplier relationship management and risk governance. Familiarise yourself with PRA and FCA regulations, as well as any relevant frameworks. This will show that you're not just a fit for the role but also genuinely interested in the industry.
â¨Showcase Your Project Management Skills
Be ready to discuss specific projects you've managed, particularly those that improved efficiencies or involved supplier onboarding. Use the STAR method (Situation, Task, Action, Result) to structure your answers, highlighting your problem-solving abilities and how you handled challenges.
â¨Engage with Stakeholders
Prepare examples of how you've successfully engaged with internal stakeholders and external suppliers. Highlight your communication skills and how you've balanced commercial performance with operational risk management. This will demonstrate your ability to collaborate effectively in a dynamic environment.
â¨Bring Data to the Table
Since you'll be creating management information for stakeholders, be prepared to discuss how you've used data in past roles. Brush up on your Excel skills and think of ways you've used data to drive cost-efficiency improvements or manage supplier performance. This will show your analytical prowess and attention to detail.