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Indirect Procurement Specialist

Bruin London, United Kingdom
Posted 1 day ago Permanent £45k - 50k per year

Indirect Procurement Specialist

Bruin London, United Kingdom
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 Offic
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.
Job ID  46684
ABOUT COMPANY
London, United Kingdom
HR & Recruitment

Bruin is an independent recruitment consultancy with an exclusive focus on the financial and professional services sector.

Bruin is preferred supplier to the world's leading institutions who value our boutique apporach, our Consultants' in depth knowledge, and our award winning diversity and inclusion services. 

As a specialist consultancy, we focus on assisting experienced candidates in our core areas and partner with clients to provide tailored advisory solutions. 

Our core areas across the UK and Europe include:.

Acturial; Broking, Underwriting & Claims; Change Management & Technology; Compliance; Credit & Risk Management; Finance & Accountancy; HR & Secretarial; Investment & Middle Office; Legal; Operations; Pensions & Employee Benefits; Sales & Marketing

Our Consultants are some of the most experienced financial and professional services recruiters in the UK, offering expert advice and insight into the current jobs market. Whether you are seeking a short term assignment that suits your availability or the next permanent step in your career, our Consultants are on hand to help you secure the role that matches your needs.

Bruin has been recognised by a number of industry awards for our innovative diversity and inclusion initiatives. As a business we are vocal champions for a diverse talent pipeline and are proud of the reputation we have built in this area.

Bruin recognises the positive value of diversity, and aims to promote equality and challenge unfair discrimination.

As a champion of equal opportunity employment we welcome applications from all suitably qualified persons - men and women, people of all ages, sexual orientations, nationalities, religions and beliefs.

We particularly encourage applications from women, disabled, and Black, Asian and minority ethnic candidates as these groups are underrepresented throughout the financial services industry. 

Our clients work with us because they value a diverse workforce, and subscribe to our shared principle that all appointments are made on merit and that ability to perform the job will be the primary consideration.

 

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