Procurement Manager

Role Profile

The Procurement Manager is responsible for overseeing group cost contracts, securing cost-efficient outcomes and maximising procurement synergies across the organisation. The role leads supplier negotiations, supports the integration of newly acquired entities, develops group procurement policies and contributes procurement insight to the Group budgeting and forecasting process. The role provides strategic oversight of all third-party supplier relationships, driving commercial value through robust contract management, supplier performance monitoring, risk mitigation and cost optimisation initiatives. The Procurement Manager acts as a key business partner to Finance, Legal, Risk, IT and operational stakeholders, supporting supplier selection, contract renewals, outsourcing assessments, regulatory compliance activities and supplier transition planning.

Technical Knowledge

• Strong procurement expertise across sourcing, contract negotiation, supplier management, third-party risk, regulatory compliance and cost management.
• Experience managing contract lifecycles, supplier governance, procurement reporting, spend analysis and budget forecasting.
• Proficient in procurement systems and Microsoft Office, with strong analytical and commercial acumen.
  

Collaboration & Stakeholder Management

• Build effective relationships with suppliers and internal stakeholders to drive value, cost savings and commercial outcomes.
• Partner with Finance, Risk, Compliance, Legal and IT teams to support procurement governance, budgeting and supplier oversight.
• Support contract transitions, acquisitions and supplier integrations to ensure operational continuity and standardisation.

What Success Looks Like

• Deliver cost-effective contracts with appropriate commercial protections and measurable value.
• Maintain strong supplier governance and achieve successful negotiation outcomes.
• Drive procurement efficiencies, policy compliance and process improvements across the business.
• Provide accurate forecasting, strategic recommendations and influence senior stakeholders, including ExCo.

Skills & Experience

• Proven procurement and supplier management experience, ideally within financial services or wealth management.
• Strong communication, negotiation, analytical and stakeholder management skills.
• Degree-qualified; CIPS or equivalent procurement qualification desirable.

Development Opportunities

• Further develop expertise in strategic sourcing, supplier governance and third-party risk management.
• Gain exposure to acquisition integration and group-wide transformation initiatives.
• Support ongoing professional development through recognised procurement qualifications.

Regulatory Requirements

• Comply with FCA Conduct Rules, governance frameworks and company policies.
• Demonstrate integrity, diligence, good client outcomes, regulatory compliance and professional standards at all times.