Alexander Mann Solutions (AMS) is the world's leading provider of Talent Acquisition and Management Services. We deliver award-winning solutions to over 65 outsourcing clients and consulting services to hundreds more. Our contingent Workforce Solutions (CWS) service acts as an extension of our clients' recruitment team and provides professional interim and temporary resources.
Our client is one of the largest banks in the world. It is a successful, multinational bank and financial services company which specialises in Investment solutions and Corporate and Institutional banking. On behalf of this organisation, AMS are looking for a Buyer for a 6 month contract based in London.
Purpose of the Role:
The Buyer will work in the UK Procurement team based in London, reporting to the Chief Procurement Officer. The role will include Buying responsibilities across a range of categories of expense including IT, Professional Services, HR, and others in support of the UK territory businesses. This is a greenfield role to influence stakeholders and expenditure in those parts of the UK Group that currently have no Procurement support. The buyer will therefore take a leading role on engaging stakeholders who maybe unfamiliar with Procurement process and guiding them on best practice and running competitive vendor selection processes, negotiation of supplier contracts whilst ensuring business needs are met.
The role will involve gaining experience in a fast paced dynamic environment with exposure to many varied parts of the UK businesses whilst working for a globally renowned bank. The role also offers plenty of opportunity for development and progression either in the various Procurement teams existing globally or through internal mobility within company's business lines.
This role would suit an academically and numerically strong Procurement professional, with a foundation in the core Procurement skillsets and who maybe studying for a Procurement Professional qualification (such as CIPS), and whose is looking for a challenge to advance their career in Financial Services Procurement.
Accountabilities and Responsibilities:
Commercially managing sourcing activity (RFI's/RFP's/RFQ's) for projects ensuring agreed business objectives and quality standards are delivered on time and on budget.
Developing sourcing strategies and supplier networks for specified areas of spend, to meet CIB or Group UK territory needs
Gathering and analyzing data and information on spend, supply markets, supplier costs, and performance to assess these for opportunities.
Support the implementation of agreed sourcing strategies and monitor progress, and taking action as necessary to achieve targets and improvements in cost, quality, service and innovation
Providing colleagues and internal clients at all levels in the different business lines with expert advice and guidance in order to enable them to understand and maximize the benefits achievable from good practice in supplier management, contractualisation and Procurement process.
Identifying, recommending, negotiating, and implementing contractual changes as required in order to ensure costs and services evolve to match changing business needs and priorities.
Working closely with the Legal team and/or external counsel to understand and manage legal risks associated with supplier contracts, and ensuring compliance with relevant law and regulation.
Contributing to the development and promotion of Procurement models, standards and policies covering procedures, documentation, governance, vendor risk management etc to drive consistency and good practice
Proactively participating in strategic developments that impact the category or function - especially any major investments, outsourcing initiatives or policy changes
3-5 years Procurement experience ideally within a global Procurement function
Financial Services exposure an advantage
Has led or participated in Procurement projects
Has led negotiations and buying skills - can demonstrate track record of savings
Experience of negotiating vendor contracts / SOWs / addendums
Familiarity with Category Management / Strategic Sourcing process an advantage
Has used Procurement tools e.g. Ariba / Ivalua etc (advantageous)
Degree / Post-graduate qualified or equivalent
Commercial and analytical skills
Stakeholder engagement & influencing skills
Good communication & presentation skills (active listener and clear communication)
Proactive and dynamic, adaptable, drive, ability to work autonomously and as part of a small team
Degree / Post-graduate qualified or equivalent
If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and speak to one of our sourcing specialists now.
Alexander Mann Solutions, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business
Internal Number: 5878400
About Alexander Mann Solutions (Contingent)
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