Senior Procurement Manager - London - Financial Services

SENIOR PROCUREMENT MANAGER - LONDON - FINANCIAL SERVICES

My client, a leading financial services company, is recruiting for a Senior Procurement Manager, to lead the procurement transformation initiative for Europe by driving category strategies on a local and global basis and will be reporting into the Head of Procurement, Europe.

RESPONSIBILITIES

* Aligns global and local procurement strategy to business priorities for Professional Services Category
* Advises project and business managers on strategic direction as it relates to sourcing decisions
* Leads sourcing initiatives for Professional Services Category, along with picking up General procurement that could cover IT, Travel, telecoms, & HR
* Leads and manages the strategic sourcing process ensuring established policies and practices (internal controls) are adhered to
* Manages the engagement monitoring process and project management execution for the category
* Creates value by determining total cost of ownership, driving quality improvements, creating innovative solutions, exercising demand management, leveraging supply chain expertise, managing suppliers and strategic outsourcing
* Analyses end-to-end processes and brings significant spend under management, transparency and procurement involvement in the category
* Ensures that identified savings in capital and N.ie are implemented, realized and sustained
* Analyses, develops and rationalizes supply base, ensuring value, stability, performance and market competitiveness are maintained and improved
* Builds supplier, category and market understanding through performance management, research and stakeholder briefings which result in the management of commercial issues throughout commissioning and procurement cycle

REQUIRED

* Minimum of 5 years sourcing experience at a professional level
* Financial Services experience, Solid financial and business acumen
* Effective project management skills
* Advanced knowledge in Software, Hardware and Telecoms categories
* Good understanding of eSourcing/eProcurement systems
* Strong organizational and political awareness
* Solid understanding of European Procurement Law implementing purchase contracts and supply agreements
* Solid knowledge of current banking related legislation within the IT space
* Current understanding of the financial sector and the latest FCA regulations