Procurement Manager

Posted 9 Days Ago
Be an Early Applicant
2 Locations
In-Office
Entry level
HR Tech • Payments • Software • Financial Services
The Role
Leads strategic sourcing, tendering, category strategies, supplier relationship management, contract governance, procurement compliance, and cost-saving initiatives. Partners with stakeholders, manages supplier risk and performance, supports negotiations and onboarding, maintains procurement records, and drives process improvements across the organization.
Summary Generated by Built In

Management Level

F

EQ Retirement Solutions is transforming the retirement and pensions markets with leading administration and technology solutions. With over 1200 employees globally, 189 years of knowledge and 11 million pension scheme members and policyholders, we are here to help people plan for a confident financial future by delivering innovative, reliable and customer-focused retirement services. Our teams are driven by a shared commitment to excellence, collaboration and making a real impact to the lives of our clients and customers.


Role Summary

EQ Retirement Solutions are looking for a Procurement Manager within their Procurement function.
The main purpose of the role is to deliver savings, value, innovation and compliance across procurement activities, providing strategic sourcing, supplier management and commercial support while partnering closely with business stakeholders.


Core Duties/Responsibilities

The successful candidate will be responsible for the following:

  • Leading sourcing and tendering activity to drive commercial, operational and strategic objectives
  • Developing category strategies and delivering procurement projects end‑to‑end
  • Managing supplier relationships, performance, quality and risk
  • Supporting contract negotiations, renewals, variations and ongoing governance
  • Providing commercial insight and market intelligence to support decision‑making
  • Ensuring procurement activity aligns with policy, compliance and regulatory obligations
  • Partnering with stakeholders to understand business needs and deliver optimal outcomes
  • Delivering savings, value and cost‑avoidance through strategic procurement initiatives
  • Managing supplier onboarding and ensuring controls are met
  • Producing tender documentation and managing competitive processes
  • Maintaining accurate procurement records, reports and contract register data
  • Supporting process improvement across procurement and supplier management
  • Ensuring effective communication and collaboration across Procurement and the wider business
  • Contributing to the delivery of procurement objectives and team development activities

The duties and responsibilities outlined above are to be regarded as broad areas of responsibility and do not necessarily detail all tasks which the post holder may be required to perform.


Skills, Capabilities and Attributes

The ideal candidate will have the below skills, capabilities and attributes essential or preferred. Strong knowledge of procurement governance, compliance, and contract law.

  • Strong experience in strategic sourcing, category management or procurement delivery
  • Ability to manage multiple procurement projects simultaneously
  • Strong stakeholder engagement, influencing and negotiation skills
  • Proven experience in supplier performance management and risk management
  • Commercial acumen with ability to interpret financial and contractual information
  • Experience running tenders, RFx processes and sourcing activities
  • Knowledge of procurement best practice, frameworks and governance
  • Strong analytical skills with ability to interpret data and insights
  • Excellent communication skills, both written and verbal
  • Ability to work collaboratively across teams and functions
  • Experience in regulated environments (preferred)
  • Proactive mindset with ability to take ownership and drive initiatives
  • MCIPS qualified or working towards (preferred)

What We Offer

Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:

  • 3 days of additional leaves on & above statutory requirement along with 2 days of voluntary leaves to pursue the CSR initiatives  
  • Business related certification expense reimbursement
  • Comprehensive Medical Assurance coverage for dependents & Parents
  • Cab transport for staff working in UK & US shift
  • Accidental & Life cover 3 times of concerned CTC

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships. Please note any offer of employment is subject to satisfactory pre-employment screening checks.

Skills Required

  • Strong experience in strategic sourcing, category management, or procurement delivery
  • Ability to manage multiple procurement projects simultaneously
  • Strong stakeholder engagement, influencing, and negotiation skills
  • Proven experience in supplier performance management and risk management
  • Commercial acumen and ability to interpret financial and contractual information
  • Experience running tenders, RFx processes, and sourcing activities
  • Knowledge of procurement best practices, frameworks, and governance
  • Strong analytical skills with ability to interpret data and insights
  • Excellent written and verbal communication skills
  • Ability to work collaboratively across teams and functions
  • Experience in regulated environments
  • Proactive mindset with ability to take ownership and drive initiatives
  • MCIPS qualification or progress toward MCIPS qualification
  • Strong knowledge of procurement governance, compliance, and contract law

Equiniti Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Equiniti and has not been reviewed or approved by Equiniti.

  • Fair & Transparent Compensation — Company materials describe a formal pay framework and living‑wage commitments that provide clearer expectations on levels and ranges. Some mid‑to‑senior roles are characterized as competitively paid relative to market.
  • Retirement Support — UK roles are advertised with strong pension matching and access to a long‑term incentive plan, while U.S. roles commonly include a 401(k) and retirement planning options. These elements add meaningful long‑term value beyond base pay.
  • Leave & Time Off Breadth — UK packages promote generous annual leave alongside volunteer days, and U.S. accounts describe substantial PTO in some positions. Time‑off offerings are a recurring strength that bolsters total rewards.

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The Company
HQ: Mendota Heights, MN
4,092 Employees

What We Do

Our people and platforms engage customers with investments, connect businesses with markets, and enable organisations to grow. Our vision is to be a leading global share registrar and transfer agent, offering complementary services in pensions and remediation, to help our customers succeed.

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