Interim Procurement Specialist

Overview We are supporting a client in appointing an interim Procurement & Supplier Management specialist on a circa 3-month contract (Inside IR35). Operating within the Group Procurement & Supplier Management team (1LOD), this role will deliver a hands-on, business-partnering approach across the organisation, supporting sourcing activity, contract negotiations, supplier renewals, and forward planning of procurement initiatives. This is a delivery-focused interim assignment, requiring an individual who can quickly embed, add value, and operate with minimal supervision. Key Responsibilities Procurement, Supplier & Contract Management • Support delivery and continuous improvement of the Group’s Procurement & Third-Party Risk framework (supplier onboarding, negotiation, renewal and termination) • Partner with stakeholders across the business to conduct market research and identify suitable vendors, products and services • Assist in managing third-party risk, ensuring commercial value while protecting the Group from operational and regulatory exposure • Drive supplier consolidation opportunities and cost-saving initiatives in partnership with Finance • Support governance frameworks overseeing supplier performance, service delivery, and contractual compliance • Assist with legal engagement relating to supplier contracts and commercial negotiations • Develop and maintain procurement guidance materials and support business-wide adoption of best practice Risk Management • Support effective risk management across the supply chain, ensuring adherence to internal policy and regulatory expectations • Ensure appropriate controls are in place to mitigate supplier and outsourcing risk Reporting & Stakeholder Engagement • Contribute to monthly MI reporting for senior stakeholders, highlighting risks, issues and key insights • Provide updates to senior management (including GEC-level where required) on third-party risk and regulatory adherence Capability & Awareness • Support delivery of training and awareness to colleagues on procurement processes and third-party onboarding requirements • Maintain awareness of regulatory developments impacting vendor risk and procurement practices Broader Contribution • Contribute to wider Procurement & Vendor Management initiatives and interim project-based activity as required Measures of Success • Tangible improvement in procurement and supplier risk management maturity • Positive stakeholder feedback on procurement support and commercial outcomes • Clear pipeline visibility of procurement activity via effective tracking • Delivery of accurate, timely, and meaningful MI About You Skills & Experience • Proven experience in procurement / supplier management (circa 3+ years), ideally within financial services • Strong working knowledge of FCA / PRA / EBA expectations relating to outsourcing and third-party risk • Confident operating in a fast-paced, interim environment, able to deliver impact quickly • Strong analytical capability with the ability to interpret and present data clearly • Excellent communication and stakeholder management skills • Organised, proactive, and self-sufficient • Ability to start immediately is key