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About the role
- Procurement Manager overseeing Centralised Procurement strategy to enhance supplier oversight at Ford Credit Europe. Managing outsourced procurement partner and ensuring compliance with regulatory standards.
Responsibilities
- Own the Centralised Procurement strategy. You will set the direction for the outsourced partner, ensuring their category strategies align with FCE’s overarching business goals, cycle plan, and overarching risk appetite
- Act as the primary point of accountability for the outsourced procurement partner. Monitor performance of the partner through KPIs/SLAs and ensure the partner is delivering innovative, cost-effective solutions, which align with FCE’s strategic business requirements and risk profile
- Serve as a trusted advisor to FCE’s business teams and strategic leaders. You will translate business needs into procurement requirements and ensure the business understands the value of the centralised model, and the need for tactical and strategic supplier relationships which drive excellence, efficiencies and meet functional team’s cost targets. You will work closely with FCE’s Vendor Management team to ensure the compliance of key suppliers, ensuring service delivery, contracts, risk assessments, and performance all meet required standards
- Provide expert oversight across all indirect spend categories (including IT, Professional Services, Marketing, Facilities, and HR). Ensure best practices in sourcing, contract management, and supplier relationship management (SRM) are applied, whilst also recognising the governance in place with FCE’s enterprise and shareholder (Ford Motor Co). Oversee full contract lifecycles, including renewals, variations, extensions, and pricing reviews
- Lead working alongside the procurement partner with competitive sourcing processes (RFIs, RFPs, RFQs, market assessments), conduct commercial negotiations to secure value, cost efficiency, and optimal contractual outcomes. Work with the business stakeholders to shape requirements, evaluate supplier proposals, and support selection decisions. Contribute to category planning and cost optimisation initiatives
- Ensure all procurement activities adhere to the strict regulatory standards of the UK banking industry and Ford’s strong internal control framework. Support third party due diligence across information security, financial health, operational resilience, and regulatory compliance. Ensure adherence to FCA/PRA outsourcing expectations and internal third-party risk frameworks.
- Work directly with the Finance Controller and Financial Analysis teams to track procurement-led savings, manage budgets, and ensure that procurement activities contribute directly to FCE’s financial health.
- Use the 24-month assignment to refine the centralised procurement model. Collect data and build the business case for a permanent and standalone function within FCE or leveraging wider synergies across the enterprise, or other alternatives which would deliver more value.
Requirements
- Proven Leadership: You must have previously led a Procurement or Purchasing function (as a Head of Procurement, Purchasing Manager, or similar). We are looking for a track record of building or transforming functions.
- Indirect Procurement Expertise: Deep, essential knowledge of indirect spend categories. You must understand the nuances of service-based contracts, software licensing, and professional service agreements.
- Strategic Outsourcing: Experience managing an outsourced procurement provider or a Managed Service Provider (MSP) is critical.
- Results Oriented: A proven track record of delivering measurable results – through cost savings, process improvements, alongside risk mitigation.
- Head of Procurement of an Automotive Captive Finance Company with entrenched exposure to FCA / PRA and the risks exposed
- Financial services experience beyond banking to bring transferable experience and commercial insights from other domains, such as insurance, asset management, fintech or other
- Technology and digital procurement depth to bring strong exposure to IT, Cloud, SaaS, data and cyber security including complex contracts and vendor rationalisation
- CIPS qualification or equivalent professional qualification (ie MBA)
Benefits
- The Company is committed to diversity and equality of opportunity for all and is opposed to any form of less favourable treatment or harassment on the grounds of race, religion or belief, sex, marriage and civil partnership, pregnancy and maternity, age, sexual orientation, gender reassignment or disability
Job title
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