Procurement Operations Manager Procurement Operations Manager …

M&G Prudential
in London, England, United Kingdom
Permanent, Full time
Be the first to apply
M&G Prudential
in London, England, United Kingdom
Permanent, Full time
Be the first to apply
M&G Prudential
Procurement Operations Manager
Procurement Operations Manager

Working with M&G Prudential as a Procurement Operations Manager means becoming part of a brand with a global reputation and an exciting vision: to become the best loved and most successful savings & investments business.
The forthcoming planned de-merger of M&G Prudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.
If you're inspired to join us, and have the necessary qualities, then this could be the opportunity you've been looking for.

Context for the role:
The Procurement & Supplier Management (P&SR) function reports to the Chief Operating Officer. The function selects and manages third party suppliers for Prudential UK & Europe, M&G and Enterprise IT. The aim of the function is to protect the business against commercial, operational and regulatory risk whilst delivering value for money for budget holders. The function will develop, agree and communicate the procurement strategy and will deliver procurement services to the organisation including running procurement projects, managing renewals, putting in place effective and appropriate contracts with appropriate suppliers and managing the purchase to payment (P2P) process for supplier invoices.
The Procurement Operations Manager is responsible for managing the Procurement Operations of the Procurement team, which includes management and oversight of risk and controls of the function, supporting the Head of Procurement and Category Teams with the provision of external market insight and internal supplier insight data, supporting the Category Teams through provision of contract management services and managing the Procure to Pay (P2P) operational processes. The Procurement Operations Manager will also deputise for the Head of Procurement as and when necessary and will author and deliver the Procurement Improvement Plan and any non-BAU Procurement project activity.

Purpose statements:
· To work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in Prudential UK's operational risk
· To ensure that Procurement has the necessary processes, policies and procedures in place
· To lead the Procurement Operations team and the development and maintenance of contract management and MI reporting
· To define and manage the risk and controls in place in Procurement, providing oversight to the effectiveness of the controls through testing and reporting
· To deliver the MI and Analytics required by the Procurement Category teams and Head of Procurement to support delivery of category plans and operational management of the Procurement Service
· To support the Category teams by providing contract management services
· Show your team how to pull together by being a hands-on manager, and always be fair, open and honest
· Identify what needs to be done and choose the right people for the job
· Give each person in your team clear accountabilities and stretching work objectives
· Take an active lead in helping each person in your team perform to their best and understand how their work contributes to the achievement of business success
· Evaluate and monitor collective performance to ensure your team is delivering in support of the strategic priorities of the business
· Produce operational plans and manage costs commercially
· Recognise successes around what is delivered and how people approach their work
· Maintain a consistent approach to managing performance across the business, by following the processes we've set out
· Keep role profiles complete and up to date
· Take all reasonable steps to make sure your business area fulfils its external regulatory, legal and industry obligations
· Use your judgement to strengthen our positive risk and control culture, by identifying, assessing and managing risk within your business area
· Understand our Code of Conduct and how it applies to your work. Comply with all relevant policies, including mandatory training
· Make sure that all personal expenditure, and contractual and legal agreements are authorised, controlled and monitored according to our delegated authority requirements
· If you're responsible for any legal agreements with third parties then you must make sure these are managed according to the Managing Contractual Relationships Framework. You'll find your responsibilities as an expenditure authoriser set out in the financial procedures manual for your business (e.g. Prudential UK & Europe, PIA, PPMS)

Knowledge statements:
· Relevant professional qualification (CIPS or equivalent)
· Good knowledge of industry best practice, good network/links with external bodies and individuals on the same field
· Good knowledge of Prudential products, systems and distribution methods
· Understanding of the Statements of Principle and Code of Practice
· Good level knowledge of financial services regulatory and legislatory framework

Experience statements:
· Significant Experience of leading and managing people within a Procurement, Legal or Finance Operations Environment
· Significant experience of relationship management, preferably within a commercial context
· Experience of training methodology and application
· Experience of working in a sourcing environment, preferably within Financial Services
· Experience of sourcing processes, tools, systems development and management

Personal attribute/skills:
· Strong leadership skills
· Organised with the ability to work independently and adapt to rapidly changing circumstances
· Ability to work autonomously with limited requirement for management oversight
· Pragmatic, with good judgement
· Proven ability to effectively challenge and influence business stakeholders
· Understanding of customer service and the ability to cultivate win/win solutions
· Strong project management skills
· Ability to prioritise and manage multiple activities and deadlines

· Relevant professional or degree qualification (e.g. CIPS, MBA) with practical procurement industry experience

People who work at M&G Prudential agree that ours is a great place to work with a brilliant team spirit. It's also an innovative, high-performing, commercial environment that's totally focused on customers. As an M&G Prudential colleague you'll get all the support you'd expect, including full training and professional development. You'll receive a competitive salary and reward package. And in a fast-changing world, you'll join an organisation that's leading the way in helping customers achieve their long-term financial goals.
M&G Prudential is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.
We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.

  • Recruiter: Tom Hunt
  • Location: UK
  • Closing Date: 31/05/201