Crown Agents Bank
Banking
ProcurementManager
Neural analysis suggests this role is
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“Procurement Manager at Crown Agents Bank. Skills: strategic sourcing, contracting, negotiation, vendor management, stakeholder management, cross-functional coordination, operational resilience, third party risk management. End-to-end strategic sourcing and contracting across assigned indirect spend categories. Leads competitive sourcing activity (including “net new” and renewal/recurring engagements)”
What You'll Achieve.
secures best value, fit for purpose suppliers and robust commercial agreements that support business outcomes and delivery timelines; deliver measurable value (commercial benefit, risk reduction, operational simplification); optimise value over the contract lifecycle; support business outcomes and delivery timelines; deliver timely decisions; identify savings, demand management and rationalisation opportunities without compromising service quality or control
Industry & Context.
challenging “must haves” vs “nice to haves”; Ability to prioritise quickly and effectively in difficult situations
What They're Looking For.
Must Have
Extensive experience in procurement and sourcing, Must have held a previous sourcing role and be able to demonstrate a track record of working and communicating effectively across the breadth and depth of an organisation, 5+ years of experience in procurement, sourcing, contract negotiation and vendor management within financial services or a similar regulated environment, Hands on with the ability to balance essential functions while building out processes to embed over in time, Excellent communication, interpersonal, negotiation and influencing skills with the ability to build and maintain relationships with internal and external stakeholders, Good leadership and influencing capabilities, Ability to work and deliver under pressure, Ability to prioritise quickly and effectively in difficult situations, Ability to install confidence in internal and external stakeholders, Ability to remain calm, communicate effectively and motivate team members and stakeholders in high pressure situations
Nice to Have
Can demonstrate a track record of delivering contract negotiations, cost savings and strategic sourcing initiatives in a high growth environment, Can cite specific examples of influencing technical and business management decisions to the benefit of the company
What You'll Do.
End-to-end strategic sourcing and contracting across assigned indirect spend categories
Leads competitive sourcing activity (including “net new” and renewal/recurring engagements)
shaping sourcing strategies
running structured tender processes
negotiating contracts
ensuring sourcing and contracting activity is delivered in line with internal procurement frameworks and the Bank’s obligations relating to outsourcing and third party risk management
operational resilience
and ethical/sustainable procurement
Develop and maintain category sourcing strategies for assigned indirect spend areas
Build multi year pipelines of “net new”
renewal and optimisation identify initiatives
Provide proactive market insight (benchmarking
emerging risks such as concentration risk)
Lead structured sourcing events (RFI/RFP/RFQ
Define commercial models
pricing constructs and contractual mechanisms
Negotiate and deliver contracts that are fit for a regulated bank
Work with the Procurement Vendor Governance function
Information Security and SMEs to ensure risk assessment and due diligence outputs are appropriately reflected in contract schedules and obligations
Ensure sourcing activity follows internal frameworks (Sourcing Management Framework
Sustainable Procurement Policy
Outsourcing & Third Party Risk policy)
Support remediation of legacy contracts where required by updated regulatory expectations
Act as a trusted commercial advisor to stakeholders
Facilitate cross functional alignment across Finance
Risk/Compliance and InfoSec
Prepare concise sourcing papers (options
commercial justification
Deliver a disciplined handover from contract execution into ongoing vendor governance / relationship management
Ensure contract artefacts
key metadata and obligations are stored and indexed appropriately
Monitor and analyse spend and supplier performance trends
Support procurement MI (pipeline
contractual protections embedded
renewals forward view)
contribute to continuous improvement of sourcing processes
templates and toolsets
Promote ethical conduct
sustainability and supplier standards
How You'll Work.
Team & Collaboration
partnership with Service Owners, Legal and relevant risk/control teams; Work with the Procurement Vendor Governance function, Service Owners, Information Security and SMEs; Act as a trusted commercial advisor to stakeholders; Facilitate cross functional alignment across Finance, Legal, Technology, Risk/Compliance and InfoSec; Deliver a disciplined handover from contract execution into ongoing vendor governance / relationship management, ensuring service owners and vendor managers have what they need to manage performance, risk, renewals and obligations; motivate team members and stakeholders in high pressure situations
Communication Scope
Excellent communication, interpersonal, negotiation and influencing skills with the ability to build and maintain relationships with internal and external stakeholders; communicate effectively and motivate team members and stakeholders in high pressure situations
Process & Methodology
resource planning, pipeline management
Full Job Description
Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement. FX and cross-border payments are often complex and expensive, especially when operating in emerging markets. Crown Agents Bank (CAB) wraps its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-border transaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to, from, and across often hard-to-reach markets. Role Purpose: • Responsible for end-to-end strategic sourcing and contracting across assigned indirect spend categories, ensuring the Bank secures best value, fit for purpose suppliers and robust commercial agreements that support business outcomes and delivery timelines. • Leads competitive sourcing activity (including “net new” and renewal/recurring engagements), shaping sourcing strategies, running structured tender processes, and negotiating contracts (including appropriate service levels, governance, risk protections and exit provisions) in partnership with Service Owners, Legal and relevant risk/control teams. • Operating within a regulated financial services environment, the role ensures sourcing and contracting activity is delivered in line with internal procurement frameworks and the Bank’s obligations relating to outsourcing and third party risk management, operational resilience, auditability, and ethical/sustainable procurement. Sourcing Strate
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