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CMC Markets

Assistant Vice President - Procurement Manager

Posted 18 Days Ago
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In-Office
London, Greater London, England, GBR
Mid level
In-Office
London, Greater London, England, GBR
Mid level
The Procurement Manager will oversee procurement operations, implement new strategies, manage supplier relationships, and ensure compliance with policies.
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We are looking for a Procurement Manager on a 12 month FTC to support the end-to-end procurement cycle as maternity leave cover, working closely with Business Heads, Finance and IT. The role will also lead the implementation of a new target operating model and procurement strategy.

Responsibilities include monitoring the procurement process, providing expert functional knowledge, and managing the negotiation of contract renewals as required. The role will work closely with the business to improve supplier and third-party management as part of the overall procurement and supplier governance framework.  

Responsibilities:

  • Manage the procurement operations team in terms of prioritisation, development, query resolution and measuring performance to ensure a high standard of delivery and customer service.
  • Implementation of a new target operating model/procurement strategy.
  • Oversee any day-to-day order lead time resolution activities with the team and internal stakeholders.
  • Lead, co-ordinate and take responsibility for all day-to-day operational procurement activities.
  • Resolve any day-to-day end user and supplier operational queries including invoice and payment issues in conjunction with Finance and budget holders.
  • Actively seek, recommend and report on cost saving and where necessary challenge operational requirements and supplier spend.
  • Actively monitor adherence to the Procurement Policy.
  • Provide training and support to both the team and end users in the use of related procedures and processes.
  • Manage new and existing hardware and software support contracts;
  • Review quotes and contract terms and conditions;
  • Work with technical team leads to ensure all pending contract renewals are completed in a timely fashion;
  • Keep all contract documentation up to date;
  • Assist in completion of RFP for new requirements as appropriate;
  • Management of relationships with external suppliers;
  • Budget Management and Analysis;
  • Cost Optimisation;
  • Software Asset Management;

KEY SKILLS AND EXPERIENCE

  • Previous experience in procurement role within Finance or IT;
  • Experience of budgeting process and forecasting;
  • Experience of tracking and reporting of actual costs vs budget;
  • Experience of vendor management.

Desirable

  • Previous experience in managing and reviewing contracts;
  • Previous experience in dealing with technology suppliers;
  • Experience of benchmarking of costs and contracts;
  • Financial services sector experience.

CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.

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