Procurement Manager - New Works, United Kingdom - Virgin Money

Virgin Money

Verified Company

New Works, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Title:
Procurement Manager

Business Unit:
D&I, Property and Procurement

Location:
Flexible UK

Salary Range:
Up to circa £64,500

Join Virgin Money as we transform our team into one that is ready to meet the challenges of the future, setting us up to support our ambition to disrupt the status quo and turn traditional banking on its head.

We're on the lookout for like-minded individualsand innovators to help drive our strategy forward.

We're also transforming how we work, offering our colleagues more choice, control and flexibility to live and work how they choose with
A Life More Virgin.

Here's what it means for YOU:

38.5 days annual leave for all colleagues (incl. bank holidays and pro rata if part-time)
Up to five extra paid wellbeing days per year
A 35 hour working week
20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
Market leading Pension & Private Medical Insurance
Flexible benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness
Ability to work anywhere in the UK (where the role allows)

And, you get these Red Hot Rewards from day one

What this role is all about

We're at our best when we have something to drive us forward, a belief that underlines who we are and what we do.

Our Purpose.

We want to make people happier about money - and that idea starts with every single one of us here at Virgin Money.

Feeling InsatiablyCurious about your next adventure? You might have just found it.

The Property and Procurement function covers all the categories of third party spend in the Bank.

The function is regarded as a key enabler in achieving the cost reduction plans of the Bank through the identification and adoption of innovative third partysourcing solutions aimed at driving maximum value from all VM engagements with third parties.

You'll be responsible for collaborating and networking across the Bank, with a specific focus on technology infrastructure and associated spend procurement, establishing strong links with key business stakeholders and developing relationships with new andexisting third-parties.

This is a very exciting time to join given the transformation journey we are on which enables us to deliver on our objective in being a Digital First Bank.

This role in a nutshell:

Procurement Category Lead for IT Infrastructure and associated spend (hardware, software, support, and professional services), responsible for creating and maintaining a category sourcing strategy and category plan. As well as this category you will alsolead on other initiatives across the wider Property & Procurement function.
You will also support delivering technology initiatives across VM's strategic programmes.
You will be an integral colleague within the Enterprise Infrastructure Procurement Team. As a key Team member, you will be flexible and where Stakeholder and Customer demand requires will deliver procurements out with your category.
Delivery of Savings Target for your category and in line with the Procurement targets and the savings target of the business areas that you support.
Creating strong and effective relationships with key stakeholders across the Bank, as well as with key supplier relationships.
Leading tendering processes and complex procurement initiatives, ensuring that all stakeholder requirements are met within required timeframes and result in the most commercially attractive terms and conditions for the Bank.
Providing leadership and guidance across VM and Procurement on sourcing approaches and execution.
Leading Procurement initiatives and opportunities and supporting with departmental priorities.
Representing Procurement, both internally and externally at relevant Business Review Meetings and Governance Meetings.

To be successful for this role you'll have

Resilience and confidence when operating in an environment where change is the norm.
Procurement expertise and experience in general sourcing, outsourcing and offshoring.
Ability to understand complex contractual documentation and identification of key issues.
Effective communication skills to collaborate with senior colleagues / stakeholders and to network across the Bank.
Strong negotiation and influencing skills.
Ability to cope with multiple priorities in a changing environment.
Excellent interpersonal & communication skills with the ability to influence in a collaborative manner.

We'd love it if you had

Awareness of Financial Services thirdparty risk management regulatory requirements.
Knowledge of the Supply Chains and Supply Markets, Sourcing Strategies, Category Plans and Opportunities.
Knowledge of software licensing models, hardware and support, and professional services engagements.
Awareness of industry trends in procurement and sourcing and in banking specifically in relation to sourcing opportunities.
Awareness of tools and techniques, processes and practices of innovative sourcing and commercial negotiation techniques.
Knowledge of Risk Process.
Sound understanding of Commercial and Legal Language.

We really need you to have the skills and experience listed in the '
To be successful for this role' section above, but the rest is just our wish list, so please don't let that put you off applying, we'd love to hear from you

**Inclusion at Virgin Money

**Now the legal bit
**Living A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it) but we will need to you to confirm you have the Right to Work in the UK.

If we offer you a job and you accept, there are some checks we need to complete before you can start with us.

This will include a credit and criminal record check, as well as providing 3 years' worth of satisfactory references.