Procurement Specialist
This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.
Transatlantic Cost of Living & Purchasing Power Benchmark
Position Overview & Specifications
We are looking for a Procurement Specialist to join our growing and dynamic team here at Zopa. We're quite a new team, and have several exciting implementation projects ongoing, so you'll be getting involved with a number of different aspects of Procurement and Third Party Risk Management (TPRM). This role would sit in the newly created Non-Financial Risk team.
A day in the life:
- Owning projects within the business to improve efficiencies
- Supervising and performing supplier relationship management activity in line the PRA & FCA regulations. This will involve overseeing a robust supplier management programme encompassing management of contract obligations and service levels, supplier due diligence, renewal and exit planning
- Supporting internal stakeholders in the execution of supplier management policies and procedures. Ensuring oversight of commercial performance is balanced with operational risk management
- Engaging with internal stakeholders and external suppliers in the identification and execution of cost efficiency improvements.
- Ensuring cost optimisation is balanced with the management of risks
- Working closely with our 2nd Line Risk team daily to ensure alignment with internal controls
- Creating regular MI for the business stakeholders
- Contributing to the continuous improvement of frameworks and processes to manage suppliers for performance, risk and value
About you:
- You can demonstrate experience in successfully managing supplier relationships
- You’ve run Procurement tenders before, holding stakeholders to account on timescales and actions
- Have a mix of subject matter expertise and great communication skills to be able to liaise with business stakeholders, holding them to account
- You have strong problem-solving and analytical skills. We move fast... you are nimble with the ability to prioritise, work under pressure and meet deadlines whilst working accurately with attention to detail.
- Ideally you’ll have project management experience
- It would be useful to have worked in Financial Services, as you’ll have knowledge and familiarity with the new PRA Outsourcing & TPRM requirements, EBA Outsourcing Guidelines and/ or FCA SYSC8. However, this is not essential providing you are willing to quickly pick up these frameworks and understand their importance.
Flexible working? Yes please!
Whether you want to come into our open-plan, riverside London Bridge office or work from the comfort of your own home (or both!), you’ll be able to decide on an approach with your manager, looking at what works best for you, your role and your team.
Not only that – you'll also have the option of working from abroad for up to 120 days a year!* But no matter where you are, we’ll make sure you’ve got everything you need to thrive, both in your work and home life, from day one.
Subject to having the right to work in the country of choice
To thrive here, you’ll need to:
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
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Procurement Specialist • Zopa Limited
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