Procurement Manager

at  Perpetual Limited

Prime Purpose of Role
The Procurement Manager is responsible for the procurement function and driving operational excellence in sourcing and supply chain management. The Procurement Manager will be responsible for supporting the strategies of the organisation, and its organisational objectives by ensuring that these are supported by cost effective and high quality suppliers and service providers.
Main Responsibilities

Procurement Strategies

• Implement comprehensive procurement strategies defined by the business, aligned with business objectives, market dynamics, and emerging trends.
• Run tenders and evaluate bids before making recommendations that make the most commercial and operational / technical sense for the organisation

Supplier Onboarding

• Identify, evaluate, and onboard suppliers to ensure a reliable and diverse supply chain.
• Negotiate favourable terms and contracts, manage supplier performance, and resolve issues to maintain strong and collaborative relationships.

Sourcing and Contract Management

• Oversee the end-to-end procurement process, including requisition, sourcing, supplier selection, contracting, and delivery.
• Ensure compliance with company policies, legal requirements, and ethical standards in all procurement activities.

Cross-functional Collaboration

• Collaborate with internal stakeholders across departments to understand their procurement needs and requirements. Develop sourcing strategies and supplier solutions that meet business objectives and support project timelines.
• Develop and maintain strong relationships with key suppliers, fostering collaboration and driving continuous improvement.

Process Improvement & Enhancing Efficiency

• Implement procurement best practices, market trends, standards, and tools to streamline processes and enhance efficiency.

Record Keeping, Performance Monitoring and Reporting

• Maintain a library of all contracts and commercials entered into by the organisation.
• Maintain a register of service providers and suppliers which summarises the commercial and contractual terms entered into by the organisation
• Establish key performance indicators (KPIs) and metrics to measure procurement performance, supplier performance and budgetary requirements.
• Prepare regular reports and presentations to senior management, highlighting achievements, challenges, and opportunities for improvement.

Due Diligence

• Complete regular due diligence and reviews of the service provider / supplier while they are engaged by the organisation ensuring that they continue to align with the organisations policies and expectation.
• Co-ordinate with internal SMEs and stakeholders (sometimes across regions) to evaluate material and responses received from Service providers / suppliers.
• Maintain appropriate records of due diligence and reviews completed for service providers / suppliers.
• Report on the results of the reviews completed.

Key Skills

• Proven track record of developing and executing procurement strategies that drive cost savings, process efficiencies, and supplier collaboration.
• Experience of working in or around Financial Services with proven leadership skills at a senior level.
• Strong negotiation skills with a demonstrated ability to negotiate complex contracts effectively.
• Demonstrable experience of the ability to influence business stakeholders at all levels.
• Evidence of the ability to work collaboratively, with the ability to make important decisions in a pressurised environment.
• Understanding of key regulatory obligations related to Outsourcing and third-party risk management
• Preferably educated to degree level, ideally but not essentially, with CIPS qualification.
• Good level of MS Office Skills.
• Excellent verbal and written communication skills.
• Strong and proven attention to detail and ability to work to tight deadlines.

Equal opportunities statement
At J O Hambro Capital Management (JOHCM), we are committed to fostering a workplace that embraces diversity, equity, and inclusion. We believe that every individual, regardless of their race, gender, sexual orientation, age, religion, disability, or any other characteristic, brings unique perspectives and strengths to our team. We are dedicated to providing equal opportunities for all qualified candidates and creating an environment where everyone feels valued, respected, and empowered to contribute their best work. We actively encourage applications from individuals with diverse backgrounds and experiences, as we strive to build a workforce that reflects the rich tapestry of our global community. Join us in our journey to cultivate an inclusive workplace where talent thrives and where everyone has an equal opportunity to excel and succeed.

Please refer the Job description for details