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Senior Procurement Specialist

  • Job
    Senior Level
  • Banking & Finance
  • Nottingham


  • Someone with a passion for end to end supply chain management with an interest in sourcing, sourcing best practice (community of practice) and supplier management
  • Experience in a Procurement or Supply Chain function with Sourcing (and Supplier Management) highly desirable
  • Someone who is flexible and prepared to undertake a diverse role (working across the third party lifecycle as required) which will involve working across categories (as required)
  • Third party relationship management skills/experience
  • Strong commercial negotiation experience is essential
  • Demonstrated ability to influence across all levels (incl executives)
  • Strong contracting knowledge and drafting experience
  • Strong stakeholder management (Internal and External) experience


  • Act as a sourcing & supply chain subject matter expert consulting with Category Leads, Supplier Managers and the wider business on procurement strategies, processes, policies, and best practices
  • Lead and deliver on sourcing opportunities including RFI, RFP, direct negotiations and contract renewals
  • Collaborate with the wider Supplier Management team to scope, coach and lead the negotiation of commercial terms
  • Develop supply market knowledge, analyse external industry trends and benchmarks leading to the formation of category specific intelligence
  • Engage and influence senior leaders to approach commercial decisions more strategically, and in line with business requirements and value for money criteriaDevelop relationships, both internally and externally, to understand changes in the business environment and develop a deep understanding of business needs and deliver on business goals
  • Ensure that all corporate or business unit level policies and procedures are adhered to and ensure that appropriate documentation exists to support all sourcing and selection events including applicable due diligence
  • Build interaction models across the business to help stay abreast with changes and plans in the Sourcing space
  • Support building a Sourcing Community of Practice within our team
  • Engage in managing third party relationships with Suppliers as and where required, here you will be responsible for undertaking all required activities to comply with Capital One's Third Party Management Policy at all stages of the Supplier life cycle. You will act as the primary point of contact for your suppliers and internal business stakeholders and will manage an effective governance structure to enable the appropriate level of communication and interaction between Capital One and your suppliers.


Mission & Purpose

At Capital One, we’re changing banking for good. We were founded on the belief that no one should be locked out of the financial system. We’re dedicated to helping foster a world where everyone has an equal opportunity to prosper. We’re a bank. But we don’t think like one. We’re always thinking about what’s next. About how we can innovate. Inspire. And develop the tools our customers need to improve their financial lives. That’s where you come in. Your ideas, your experiences and your skills will help us make banking simpler. Working here is about doing bold things. And having that feeling like you belong right where you are. Because we’re doing cool work that lets you have a life outside of work. That’s life at Capital One.