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Buyer, Indirects | Financial Services | London

Employer
Procurement Heads
Location
London (Central), London (Greater)
Salary
£50 –60,000 + benefits commensurate with a global business
Closing date
11 May 2019

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Specialist Area
Buyer
Sector
Banking, Finance and Insurance
Function
Buyer
Contract Type
Permanent
Hours
Full Time

Job Details

An international financial services group with a stellar reputation worldwide is seeking a Buyer to join its Procurement team, based in Central London. As a Buyer of indirect spend, you will be responsible for a host of categories of expense, including IT, Professional Services, HR and others, in support of the UK territory businesses. This is an exciting, greenfield role where you can really make your mark, influencing stakeholders and expenditure in parts of the UK Group that currently have no Procurement support.

KEY RESPONSIBILITIES 

  • Commercially managing sourcing activity (RFIs/RFPs/RFQs) for projects, ensuring agreed business objectives and quality standards are delivered on time and on budget
  • Developing sourcing strategies and supplier networks for specified areas of spend, to meet CIB or Group UK territory needs
  • Gathering and analysing data and information on spend, supply markets, supplier costs, and performance to assess these for opportunities
  • Supporting the implementation of agreed sourcing strategies and monitor progress, and acting as necessary to achieve targets and improvements in cost, quality, service and innovation
  • Providing colleagues and internal clients at all levels in the different business lines with expert advice and guidance in order to enable them to understand and maximize the benefits achievable from good practice in supplier management, contractualisation and Procurement process
  • Identifying, recommending, negotiating, and implementing contractual changes as required in order to ensure costs and services evolve to match changing business needs and priorities
  • Working closely with the Legal team and/or external counsel to understand and manage legal risks associated with supplier contracts, and ensuring compliance with relevant law and regulation
  • Contributing to the development and promotion of Procurement models, standards and policies covering procedures, documentation, governance, vendor risk management etc to drive consistency and good practice
  • Proactively participating in strategic developments that impact the category or function – especially any major investments, outsourcing initiatives or policy changes  

ESSENTIAL EXPERIENCE

  • Proven Procurement experience ideally (five years+) within a global Procurement function (FTSE 100/250)
  • Financial Services exposure is advantageous
  • Led or participated in Procurement projects
  • Led negotiations and buying skills – can demonstrate track record of savings
  • Experience of negotiating vendor contracts / SOWs / addendums
  • Familiarity with Category Management / Strategic Sourcing process an advantage
  • Has used Procurement tools e.g. Ariba / Ivalua etc  (advantageous)
  • Degree / Post-graduate qualified or equivalent  

This is a fantastic opportunity to join a world-renowned financial services business and gain tangible trajectory in your career. If you think you possess the skills and behaviours listed above, I am keen to hear from you!

To discuss this role in more depth please contact James Dobbin at Procurement Heads on 01962 869 838. All enquiries are handled confidentially.

Company

PROCUREMENT HEADS ICON [square]

Procurement Heads is all about getting to know great Procurement Professionals and bringing them together to make outstanding Procurement teams.

With a proven track record of delivery, we support people through the life-cycle of their careers, providing an end-to-end consultative service. We partner with many prominent brands and organisations, sourcing Procurement talent using industry-leading tools and techniques. Focussed and proactive, our methodology provides a comprehensive assessment of your needs and tailors solutions to meet them. The ability to identify and attract the best people across all sectors, often involves us designing and managing bespoke campaigns.

Our purpose...

To deliver recruitment as a professional service.

We engage with leaders across procurement, HR and executive functions to make their organisations successful. More than just a recruitment company, we provide a suite of talent solutions tailored to your business needs.

Our values

Rewarding relationships

For us, it’s personal. Relationships are pivotal to our existence and we place great value on their development. We encourage collaboration through our unique referral scheme ‘The Heads Up’ and are driven by a desire to build deep long-standing partnerships. Our goal is to act as an ambassador for the teams and individuals we support.

Exceeding expectations

More than just a recruitment company, we engage with leaders to deliver the unexpected when it comes to sourcing talent. Going beyond ‘filling the role’, we advise, challenge, champion and are innovative in the value-add solutions we provide.

Doing the right thing

Doing the right thing is not difficult. Knowing what the right thing is, that’s where we come in. Everyone has a responsibility for the choices they make. We pledge to lead the way by championing Equality, Diversity & Inclusion and Sustainability.

Our team of experienced Procurement consultants are on hand to support you with your Procurement career.

Address: The Corner, Gordon Rd, Winchester SO23 7DD

Tel: 01962 869 838

Website: https://www.procurementheads.com/

Company info
Website
Telephone
01962 869 838
Location
Heads Resourcing Group,
West Wing, Ground Floor,
Burlington House, Hedge End
Southampton
Hampshire
SO30 2AF
United Kingdom

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