Indirect Procurement Specialist

Location: London / Hybrid (Typically 2-3 days in the office)
Type: Permanent, Full-Time

About the Opportunity

An established financial services organisation is seeking a Procurement Specialist to join its growing procurement function. This is an excellent opportunity to join a collaborative and fast-paced environment where procurement plays a key role in supporting business operations, supplier governance, risk management, and value delivery across the organisation.

The successful candidate will work across a broad range of procurement activities, supporting the management of supplier spend, procurement processes, contract governance, stakeholder engagement, and sourcing initiatives.

What’s on Offer

• Competitive salary
• Hybrid working model
• Annual bonus scheme
• 10% employer pension contribution (subject to employee contribution)
• Private medical insurance
• Life assurance
• Income protection
• Generous annual leave allowance
• Strong career development and progression opportunities
• Professional study support and training

The Role

Contract & Supplier Management

• Maintain and manage the organisation's Contract Management System (CMS).
• Ensure supplier contracts are accurately recorded and maintained.
• Produce reporting on supplier performance, contract renewals, governance activities, and risk management.
• Support supplier relationship management and governance reviews.

Procurement & Sourcing

• Support sourcing and contract renewal activities across a broad range of goods and services.
• Assist with RFIs, RFPs, tender processes, and supplier evaluations.
• Support contract negotiations and approval processes.
• Identify cost-saving and value-creation opportunities.
• Support supplier onboarding, renewals, and contract termination activities.

Governance, Risk & Compliance

• Support procurement governance and policy compliance across the business.
• Conduct supplier due diligence and risk assessments.
• Monitor and report on supplier-related risks.
• Contribute to the development and maintenance of procurement procedures and documentation.
• Support regulatory and compliance requirements within a regulated environment.

Stakeholder Management

• Build strong relationships with internal stakeholders.
• Provide procurement guidance and support across business functions.
• Chair supplier and stakeholder meetings where required.
• Assist with procurement-related projects and continuous improvement initiatives.

Key Requirements

• Experience within procurement, strategic sourcing, supplier management, or contract management.
• Experience supporting RFIs, RFPs, tender processes, and supplier negotiations.
• Strong stakeholder engagement and communication skills.
• Good understanding of supplier governance, risk management, and contract management principles.
• Experience working with procurement systems and reporting tools.
• Strong analytical skills and attention to detail.
• Advanced Microsoft Excel and general Microsoft Office skills.
• Ability to manage multiple priorities and work independently.
• Previous experience within a regulated environment would be advantageous.

Desirable Experience

• Indirect procurement experience.
• IT and technology supplier management exposure.
• Supplier relationship management (SRM).
• Contract lifecycle management (CLM).
• Procurement governance and compliance.
• Financial services, insurance, or other regulated sector experience.
• CIPS qualification or a desire to work towards one.

This opportunity offers broad exposure across procurement operations, sourcing, supplier management, contract governance, and stakeholder engagement, making it an excellent move for someone looking to further develop their procurement career within a highly collaborative and regulated environment.

Contact information

Tyriq Taylor