A Top Tier Investment Bank are recruiting for a Procurement Buyer to join their Professional Services desk on a contacting basis. The current Professional Services Desk performs end to end procurement processes, from inception of need to the on-boarding stage of consulting and professional services.
Responsibility and Skills Required:
- Oversee budget approval process for all new hires and renewals for both IT / Non IT consultancy and professional services ensuring it is compliant with internal operational procedures.
- Work closely with Stakeholders to accurately collate their requirements
- Management process of the sourcing and on-boarding of consultants and professional services.
- Overseeing and performing a competitive bid process, RFQ or RFP, facilitation of bid evaluation and shortlisting, one to one negotiation, volume discount and benchmarking on all new and renewal engagements.
- Negotiate day rates and fixed cost engagements, striving to achieve best price and capture and record these Procurement savings in the relevant KPI tool (OSACA).
- Handling the full contract negotiation with both PSL and Non-PSL Suppliers
- Handling exceptions if needing to negotiate the terms issued by the Supplier, ensuring each contract meets business demands.
- Writing and/or assisting business managers in the preparation and finalisation of contractual documentation: MSA, service schedule, NDA, Addendum and Proof of Concept.
- End to end Procurement experience within Professional Services.
- Banking Background.
- Knowledge of Contract Law.
- Commercial Background including negotiation, spend, and buying.
- Management Experience as you will be expect to manager one or two junior buyers.
- Stakeholder Management experience
- Ability to provide MI and reports and present to senior stakeholders.
If this is of interest to you, please get int ouch with your CV.
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