Procurement Operations Manager – Financial Services

Please make an application promptly if you are a good match for this role due to high levels of interest.Location:

LondonCorporate Title:

Vice PresidentContract:

PermanentA leading international financial services organisation is seeking a

Procurement Operations Manager

to join its London-based team. This is a key position within the Finance function, offering the opportunity to lead procurement operations, strengthen supplier governance, and drive value across the business.The RoleAs Procurement Operations Manager, you will oversee the full procurement lifecycle, ensuring compliance with internal policies and regulatory requirements while supporting the firm’s third-party risk management framework. Working closely with senior stakeholders across Finance, Risk, Legal, and Compliance, you will play a pivotal role in embedding robust procurement practices within a highly regulated environment.Key ResponsibilitiesOversee procurement operations across the organisation, ensuring compliance with FCA, PRA, and internal governance standards.Manage the end-to-end procurement process, including sourcing, contract negotiation, purchase orders, and supplier performance.Collaborate with Legal, Compliance, Risk, and Finance to align procurement with regulatory and audit requirements.Maintain and enhance procurement systems (e.g., Oracle, iValua, Optimise), driving process efficiency and data integrity.Lead supplier onboarding and due diligence, including financial stability checks and third-party risk assessments.Monitor procurement KPIs, producing reports for senior management and regulatory stakeholders.Support internal audits and external regulatory reviews relating to procurement and vendor management.Develop procurement strategies to optimise cost, manage risk, and improve supplier service delivery.