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Senior Procurement Manager - Tier 1 Financial Services, £85k

Senior Procurement Manager - Tier 1 Financial Services, £85k

  • Location


  • Sector:

    Risk and Compliance, Procurement

  • Job type:


  • Salary:

    £60000 - £85000 per annum + bonus, pension etc.

  • Contact:

    George Purkiss

  • Contact email:

  • Salary high:


  • Salary low:


  • Job ref:


  • Published:

    about 2 months ago

  • Expiry date:


  • Startdate:


1st Executive are mandated with a well known global financial services organisation, who are going through a period of growth and acquisition. We're specifically looking for someone to take ownership of all things procurement and sourcing. Mainly aligned to professional services and HR/Recruitment, consultancy spend areas.

Duties would include:

  • Leading the execution and supporting the development of Category-based sourcing processes for assessing and fulfilling current and future sourcing needs
  • Managing complex sourcing deals, driving the supplier selection and negotiation process for key sourcing events. Guiding the execution of strategy for all Tier 1 category spend
  • Leading the development of annual and medium-term strategic plans, in collaboration with clients and colleagues, for all new sourcing projects
  • Executing strategies to extract supply-side savings and manage demand-side consumption in order to lower the Bank's Total Cost of Ownership for external spend as it relates to the specified category
  • Highlighting operational, regulatory and other risks to the Head of Procurement
  • Leading the implementation of innovative business change solutions