Procurement Specialist

Procurement Specialist - Greenfield experience - Technology/Wealth Management/Finance

My client is a fast growing wealth management business, both in the UK and internationally. It has evolved a fairer, more efficient and effective business model, structured to deliver leading advice-led wealth management services, giving financial advisers and their clients the best opportunity to fulfil their dreams and ambitions.
Providing a dynamic work environment full of opportunity, one where both individual and team initiative and contribution is encouraged, so that together we can deliver better outcomes for our clients over the long term.

The role

The Procurement Specialist will be instrumental in establishing the procurement function from the ground up, shaping supplier strategy, frameworks, and governance. This role combines strategic sourcing, supplier management, and compliance oversight to drive value across the Group.
With significant opportunities for cost optimisation and supplier consolidation, the successful candidate will need to be a strong communicator who can engage stakeholders, lead change, and embed new processes effectively. This is a hands-on role requiring commercial acumen, negotiation skills, and the ability to operate independently in a fast-paced, entrepreneurial environment.

Department Build-Out -

This role is pivotal in establishing the procurement function from scratch. The successful candidate will be responsible for supporting the design and implementation of procurement frameworks, policies, and processes, laying the foundation for a scalable and effective procurement operation. This includes setting up supplier management structures, governance models, and reporting mechanisms to support the Group's strategic goals.
This role will report to the Group Head of Procurement and Vendor Management.

Responsibilities

• Design and implement procurement processes and governance from the ground up
• Establish procurement frameworks, tools, and reporting dashboards to support a newly formed function
• Act as the procurement lead in building a best-in-class function within a fast-paced, entrepreneurial environment
• Support the development and execution of the Group's procurement strategy in line with business objectives
• Manage end-to-end procurement processes, including supplier selection, RFPs, contract negotiation, and on-boarding
• Establish and lead procurement processes from the ground up, including documentation, supplier evaluation, and governance
• Manage supplier relationships to ensure performance, compliance, and value delivery across indirect spend categories
• Drive cost optimisation, risk mitigation, and operational efficiency through strategic sourcing and process improvement
• Develop and maintain dashboards and reporting tools to track savings, supplier performance, and procurement activity
• Collaborate with internal stakeholders to align procurement strategies with business needs and budget objectives
• Ensure procurement activities comply with regulatory standards and internal policies
• Lead contract negotiations, supplier on boarding, and performance reviews using KPIs and analytics
• Maintain accurate procurement data, including contracts, spend analysis, and third-party risk documentation
• Operate independently to build procurement frameworks and influence senior stakeholders for successful outcomes

Requirements

• Technology & Operational Insight - Experience working within a Finance/Technology function, understanding IT delivery, supplier management, risk, and governance
• Stakeholder Management & Communication - Strong ability to engage and influence senior technology leaders, suppliers, and finance teams, ensuring alignment and effective decision-making
• You must have experience in Procurement and especially in a fast paced working environment
• Degree or equivalent in Business, Supply Chain, Procurement, or related field (CIPS qualification desirable)
• Minimum 3-5 years' experience in procurement, ideally within financial services or a regulated environment
• Experience with procurement systems (e.g., Coupa, SAP Ariba) and spend analytics tools

Key Competencies

• Strategic thinking and commercial awareness
• Strong analytical and problem-solving skills
• Excellent communication and stakeholder engagement
• Ability to manage multiple priorities in a fast-paced environment
• High attention to detail and organisational skills

Our employees are talented people, distinguished by excellence. You will be able to demonstrate a willingness to embrace the company values of:

Creativity -

We recognise we need new ways of thinking, learning and doing to both improve our own productivity and efficiency as well as to help us stay ahead of competitors.

Commitment -

We are a team with the willingness to put time, effort and energy into driving change in the organisation, going the extra mile.

Collaboration -

We need teamwork amongst ourselves and with partners to generate more innovative, efficient and effective solutions and thereby a greater sense of achievement.