Mission Statement & Summary
NewDay is one of the UK's leading digital consumer finance providers. We're on a mission to help people move forward with credit, supporting over 6 million customers every day! You may have heard of our own brand credit cards like Aqua, Marbles or Bip, or our co-branded retail credit cards with John Lewis & Partners, Argos and AO.
In this role, you’ll be joining a successful sourcing function and independently manage your own portfolio of suppliers while collaborating closely with Senior Sourcing Specialists. It’s a hand-on commercial position where you’ll influence contract negotiations, shape supplier relationships and directly support teams that drive NewDay’s products and customer experience.
How you’ll contribute
- Manage a portfolio of suppliers across Marketing, Operations and Professional Services, supporting team-wide initiatives, spend reporting and continuous improvement.
- Lead commercial evaluations including reviewing contracts, analysing pricing, and coordinating with internal Legal, Risk, and Data Protection teams to support negotiations.
- Maintain strong supplier and stakeholder relationships, ensuring operational performance, understanding business needs, and managing multiple concurrent projects while acting as the central connector across teams.
- Act as a PO gatekeeper in Purchase2Pay system for selected suppliers
We're looking for these essential skills
- Prior Procurement experience, must include reviewing contracts and contract negotiation
- Degree (or equivalent) or experience of a Procurement Graduate scheme
- Proven interpersonal and relationship building skills
- Excellent command of MS tools (Word, Excel, PowerPoint)
- Strong numeracy skills and commercially minded with proven experience of pricing negotiations
- Knowledge and understanding of Sourcing processes and Procurement risks
Its a Plus If You Also Have These Skills
- Financial Services or Regulated Industry experience
- Procurement process development and implementation experience
- Experience working with AI and Procurement
- Experience working with Procurement/P2P systems and DocuSign
What's in it for you?
At NewDay, it's really important to us to offer flexible ways of working, whilst appreciating the value of face-to-face collaboration. This role is hybrid, with an expectation that you’ll work from our KX office 2 - 3 days per week.
You'll Also Get
- 26 days holiday, rising to 30 with service
- A holiday buy scheme (up to 5 extra days)
- Double matched pension, with up to 14% from NewDay
- Generous annual performance bonuses
- Private medical insurance with Bupa, including mental health support and cancer care
- 26 weeks paid maternity, adoption and shared parental leave
- Free breakfast and lunch in the office every day, provided by our in-house chefs
…and more, which you can explore here!
Externally this role could also be known as a Procurement Specialist.
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At NewDay, we value all types of diversity. We’re an equal opportunity employer and believe that our differences create a vibrant, authentic working culture. We want all our colleagues to feel able to bring their whole selves to work. We don’t discriminate on the basis of protected characteristics or identities. We make sure that every job is crafted to be inclusive and that people with disabilities or caring responsibilities can take part in the application and interview process.
Tell us if you need accommodations: We’ll put reasonable adjustments in place to support you.
We work with Textio to make our job design and hiring inclusive.
Fixed Term (Fixed Term)Top Skills
NewDay London, England Office
7 Handyside Street, London, United Kingdom, N1C 4DA
