AddressThe role
Funding Circle is looking for an Interim Group Head of Procurement based in London, reporting into the Group Finance Director.
You will be responsible for supporting the Global Procurement and Supplier Management processes and will act as a subject matter expert for all things procurement. This will include forming effective relationships across multiple teams, levels and suppliers to guide them through procurement decisions and drive operational processes and initiatives.
Who are we?
Our mission is to build the place where small businesses get the funding they need to win.
We do this by uniting cutting-edge data and technology to deliver an unbeatable customer experience. With a decade of expertise under our belt, we've built a game-changer of a platform that's reshaping the landscape of SME lending. Say goodbye to lengthy applications and hello to lightning-fast decisions! In just minutes, SMEs across the UK can get an instant decision, giving them access to affordable funding in a flash.
99% of businesses are small businesses! And in most cases aren’t given the finance they need to grow. We’re here to change that because the world needs small business.
Want to learn more?
- We have a huge impact on the businesses that borrow through our platform, the communities they serve and the overall economy (last year £6.9bn of GDP generated). You can read our full Impact Report here: https://www.fundingcircle.com/uk/impact
- To see what our customers think, visit our Trustpilot page: https://uk.trustpilot.com/review/fundingcircle.com
And we’re still evolving! With over a decade leading the industry with our award winning core loans offering we are now well on our way to solving more SME finance challenges transforming into a multi-product lending platform.
What will you be doing?
Engage stakeholders to understand business requirements and providing guidance and advising the best sourcing strategies
- Ensure that procurement initiatives are completed in accordance with corporate sourcing policies and procedures, and that the resulting contractual agreements are compliant
- Assess and analyse current spend reports/trends to identify cost-saving opportunities.
- Educate and promote the benefits of Procurement and Supplier Relationship Management; act as an ambassador for procurement/Funding Circle both internally and externally
- Ensure all reporting is completed accurately and in a timely manner e.g. Savings tracker, Operational Risk Committee metrics, Procurement training delegates, Non-Compliance events
- Lead and present at Supplier Risk Committees
- Maintain and find efficiencies in how to manage Supplier and Contract data in our Supplier Management Tool (Gatekeeper)
- Support negotiations with third-party suppliers to drive efficiencies and performance improvement.
- Carry out Supplier Due-Diligence for suppliers being on-boarded
- Run effective RFI and RFP processes
- Assess and review ongoing supplier risk and Service Impact Assessment ratings based on the goods / services being purchased
- Maintain and extract accurate risk, supplier and contract data to store on our supplier management database
Proactively manage supplier renewals to get the best deals for Funding Circle
Relevant experience in a Procurement commercial environment (8yrs+), ideally across multiple categories (Technology, Marketing & Professional Services)
- Experience with negotiation of contracts, including costs, payment terms, success criteria, etc.
- Experience in building relationships with business stakeholders of all levels.
- Understand the external supply market & translate into expert advice for the business
- A team player who is driven, organised, confident in their approach to work & has the ability “to get things done” by using their own initiative.
- Strong IT skills, including database management, Excel, etc. Analytical and numerically astute with strong problem-solving abilities
- Able to work and learn quickly in a fast paced, fun and dynamic environment
Relevant procurement qualifications, such as MCIPS / FCIPS
At Funding Circle, we celebrate and support the differences that make you, you. We’re proud to be an equal-opportunity workplace and affirmative-action employer. We truly believe that diversity makes us better.
Our Circler proposition is designed to support employees both in and out of work, and it is anchored around four pillars: Health, Wealth, Development & Lifestyle.
We offer hybrid working, with 2-3 days per week based in the office. When you’re in the office you can take advantage of our free barista and subsidised lunches through JustEat and we will help support your home working set-up. We support flexible working arrangements so please speak to our recruitment team if this is something you’d like to learn more about.
A few highlights:
Health: Private Medical Insurance through Aviva, Dental Insurance through Bupa, MediCash, free access to online therapy sessions via Spill and exclusive discounts with Hertility for reproductive health support.- Wealth: Octopus Money Coach, free mortgage advisor partnership and discounts across numerous retailers through Perks at Work.
- Development:Learning allowance and full access to internal Learning platform.
- Lifestyle: Gympass, Electric Car Scheme and more!
And finally, we have enhanced all of our parental leave policies - we actually won the AltFi Award for Diversity, Equity and Inclusion Initiative of the Year 2022 for our Partner Leave policy. You can read more here: https://www.altfi.com/article/10158_the-altfi-awards-2022-here-are-the-winners
Research shows that some people are less likely to apply to jobs unless they meet every single criteria. At Funding Circle we are committed to building diverse teams so please apply even if your past experience doesn’t align perfectly with the requirements. You might just be the perfect addition to the team!
Want to Build The Incredible? We’d love to hear from you.
