Procurement Associate

Procurement Associate - Banking

Primary responsibility:

The Procurement Associate plays a key role in supporting the delivery of effective, compliant and efficient procurement operations, while also taking a leading role in driving process efficiency, automation and the Procurement change book of work. The role supports day‑to‑day activity across the end‑to‑end procurement lifecycle and works closely with business stakeholders and third parties to ensure sourcing activity, vendor onboarding and supplier management are executed in line with policy, controls and regulatory expectations.

In addition to core operational responsibilities, the Procurement Associate will proactively identify opportunities to improve processes, reduce manual effort and enhance data quality, and will support the design, delivery and implementation of automation and change initiatives across the Procurement function. The role acts as a key contributor to continuous improvement activity, supporting change from concept through to implementation and embedding.

The Procurement Associate is expected to leverage their strong understanding of Procurement frameworks, third‑party risk requirements and enabling systems, while building capability in process optimisation, change delivery and automation to support the ongoing evolution of the Procurement operating model.

Principal Duties

• Responsible for key Procurement operational activities, including requisition approval and purchase order generation, alongside ongoing management of vendor master data.
• Maintenance of vendor records, contract uploads.
• Provides expert stakeholder support by offering clear guidance on procurement policy and process, as well as delivering training to support compliance and effective usage.
• Production of standard procurement reporting and to ad hoc reporting requests, ensuring timely, accurate insights to support business and governance needs.
• Provide cover for Third Party Risk Management operations lead as required to ensure continuity of service. Responsibilities will include workflow oversight and stakeholder support and guidance.
• Support continuous improvement initiatives, automation, and process efficiency initiatives across the procurement team.
• EUC and key control oversight for procurement team to maintain a robust control environment.
• Contribute to department wide initiatives and wider project Book of Work (BOW) activity
• Support ad hoc requests from the Team Lead and senior management to support evolving business priorities.

Skills & Experience

• Strong end‑to‑end procurement knowledge, with experience working across requisitioning, vendor management, and contracts.
• Systems‑literate with strong general systems aptitude; experience of Oracle preferred.
• Good understanding of data and reporting, with strong Excel capability as a minimum; experience with Power Apps or similar tools desirable.
• Effective communicator with strong stakeholder management skills, able to explain policy, process, and requirements clearly.
• Awareness of Third‑Party Risk Management (TPRM) and associated control considerations is beneficial.
• Ability to quickly grasp new topics and provide clear, insightful analysis.
• Proactive, delivery‑focused mindset with strong ownership, follow‑through, and attention to detail