Role: Senior Procurement Manager - Indirects
Location: Milton Keynes (2 - 3 days p/w in office)
Type: Permanent | Full-time
Compensation: Up to £75K + car allowance + performance bonus + benefits
Are you an experienced procurement professional ready to step into a high-impact, high-visibility role at a top-tier UK financial institution?
A fantastic opportunity has arisen for an indirect procurement category leader to join a major player in the UK financial services sector. This role offers the chance to influence commercial strategy, drive category innovation, and be a trusted advisor to senior stakeholders - all within a regulated, complex, and fast-paced environment.
🔍 About the Role
As a Category & Sourcing Manager, you will:
1. Take ownership of strategic sourcing and category management across a key spend portfolio
2. Develop multi-year strategies based on market trends, supplier data, and commercial insights
3. Lead complex sourcing initiatives that materially impact the cost-income ratio
4. Build and maintain senior relationships with both internal stakeholders and strategic suppliers
5. Act as deputy to senior leadership and serve as a subject matter expert on procurement best practices
6. Enable supplier-led innovation and continuously improve supplier performance
7. Ensure full compliance with regulatory requirements and third-party risk management policies
This role sits at the core of the commercial operating model and will offer a platform to shape sourcing strategies at an enterprise level.
✅ What You'll Bring
8. Experience in strategic procurement or category management
9. Proven ability to lead cross-functional teams and high-value sourcing events
10. Strong commercial acumen and contract negotiation skills
11. Experience advising and influencing at senior levels, including Exec
12. Exceptional analytical ability - translating data into strategy
13. A track record of delivering tangible cost and business benefits
14. Understanding of SRM principles, third-party risk, and end-to-end sourcing lifecycle
15. Ideally, CIPS qualified and with financial services experience (desirable, not essential)
🌟 Why This Role?
16. Prestigious UK financial institution
17. Access to C-suite and the opportunity to influence at strategic decision-making tables
18. Leadership development with a clear progression path
19. Hybrid working flexibility with strong work-life balance
20. A culture that values integrity, transparency, and innovation
21. Competitive total rewards and recognition for impact
📩 Interested?
To express interest or request more information, please apply, or send an e-mail to richard.shelley@1st-executive.com
***all applicants must present current and valid UK Right to Work***