Role: Senior Procurement Manager - Indirects

Location: Milton Keynes (2 - 3 days p/w in office)
Type: Permanent | Full-time
Compensation: Up to £75K + car allowance + performance bonus + benefits

Are you an experienced procurement professional ready to step into a high-impact, high-visibility role at a top-tier UK financial institution?

A fantastic opportunity has arisen for an indirect procurement category leader to join a major player in the UK financial services sector. This role offers the chance to influence commercial strategy, drive category innovation, and be a trusted advisor to senior stakeholders - all within a regulated, complex, and fast-paced environment.

🔍 About the Role

As a Category & Sourcing Manager, you will:

• Take ownership of strategic sourcing and category management across a key spend portfolio

• Develop multi-year strategies based on market trends, supplier data, and commercial insights

• Lead complex sourcing initiatives that materially impact the cost-income ratio

• Build and maintain senior relationships with both internal stakeholders and strategic suppliers

• Act as deputy to senior leadership and serve as a subject matter expert on procurement best practices

• Enable supplier-led innovation and continuously improve supplier performance

• Ensure full compliance with regulatory requirements and third-party risk management policies

This role sits at the core of the commercial operating model and will offer a platform to shape sourcing strategies at an enterprise level.

✅ What You'll Bring

• Experience in strategic procurement or category management

• Proven ability to lead cross-functional teams and high-value sourcing events

• Strong commercial acumen and contract negotiation skills

• Experience advising and influencing at senior levels, including Exec

• Exceptional analytical ability - translating data into strategy

• A track record of delivering tangible cost and business benefits

• Understanding of SRM principles, third-party risk, and end-to-end sourcing lifecycle

• Ideally, CIPS qualified and with financial services experience (desirable, not essential)

🌟 Why This Role?

• Prestigious UK financial institution

• Access to C-suite and the opportunity to influence at strategic decision-making tables

• Leadership development with a clear progression path

• Hybrid working flexibility with strong work-life balance

• A culture that values integrity, transparency, and innovation

• Competitive total rewards and recognition for impact

📩 Interested?

To express interest or request more information, please apply, or send an e-mail to richard.shelley@1st-executive.com

***all applicants must present current and valid UK Right to Work***