Why this role stands out
Advance your career in procurement within a reputable financial services firm, gaining exposure to diverse sourcing activities and supplier management in a supportive, collaborative environment. You'll thrive here if you're a motivated individual eager to develop your skills, contribute to significant business operations, and enjoy the flexibility of a hybrid work model with excellent benefits and growth potential. Apply today to explore this exciting opportunity!
Quick overview
Job description
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.
Similar jobs
- MP

Category Manager - Marketing ProcurementRecently posted
Michael Page International · leeds, west yorkshire · Hybrid 🇬🇧
Stakeholder ManagementDigital MarketingMarketingSalary not listed - MA

Senior Procurement Manager (Digital Services)Recently posted
Matchtech · birmingham, west midlands (county) · Hybrid 🇬🇧
Stakeholder ManagementAdministrativeSalary not listed - NH

Procurement Supply Systems and Data ManagerRecently posted
National Health Service · milton keynes, buckinghamshire · Hybrid 🇬🇧
Stakeholder ManagementTechnologySalary not listed - BC

Category Lead – R&D Procurement (Laboratory Services)Recently posted
Bramwith Consulting · stevenage, hertfordshire · Hybrid 🇬🇧
Stakeholder ManagementAdministrativeSalary not listed - T&
Principal Contracting & Procurement Manager - Energy & Natural Resource Auto Apply
Turner & Townsend · Aberdeen · On-site 🇬🇧
Stakeholder ManagementContinuous ImprovementProcurement+1AdministrativeSalary not listed - PA
Procurement Manager - Research Participants - United KingdomRecently posted Auto Apply
Prolific Academic Ltd · Remote; United Kingdom · Remote 🇬🇧
CornerstoneProcurementYouTubeAdministrativeSalary not listed - CA
Senior Category ManagerRecently posted
Careers at Heathrow · Hounslow · Hybrid 🇬🇧
SourcingContinuous ImprovementProcurementSalary not listed - SG
Procurement Manager
Scottish Government OGD Recruitment · Glasgow · Hybrid 🇬🇧
RecruitingAccount ManagementBudgeting+2AdministrativeSalary not listed - SJ
Governance and Procurement ApprenticeRecently posted
Suffolk Jobs Direct · Bury St Edmunds · Hybrid 🇬🇧
ProcurementAgileAdministrativeSalary not listed - SJ
Procurement Officer
Suffolk Jobs Direct · Ipswich · Hybrid 🇬🇧
Diversity & InclusionProcurementAdministrativeSalary not listed - CG
Senior Buyer - Subcontract
Costain Group · Greater Manchester · Hybrid 🇬🇧
SourcingMicrosoft ExcelMicrosoft Office+4Salary not listed - IA
Purchasing Manager
II-VI Aerospace & Defense | Coherent · Glasgow · Hybrid 🇬🇧
SourcingOracleMicrosoft Excel+7Salary not listed
