Bank of England Recruitment – Procurement Apprenticeship

Website Bank of England

Job Description:

The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.

Job Responsibilities:

  • Support the Commercial Operation Lead with the development of the Bank’s, Source-to-Contract and P2P capability,
  • Responsible for supporting the Supplier Management Lead with the design and implementation of the Bank’s Supplier Management Framework,
  • Support the Business Partners with the uploading of sourcing projects on the Bank’s procurement system,
  • Assist the Business Partners and the Bank’s stakeholders with sourcing governance and reporting,
  • Provide admin support to the Business Partners concerning bid clarifications, evaluations and award decisions.
  • Assisting with professional standards and procedures around the management of Bank suppliers,
  • Work creatively with the Lead to analyse data and translate it into meaningful insight reporting,
  • Support the team in implementing organisational change in the context of supplier management.
  • Facilitate the Procurement Helpdesk to support stakeholders with e-procurement system flows and governance,
  • Responsible for supporting the Commercial Policy Lead with providing commercial policy support to internal stakeholders,
  • Conducting supplier & industry best practice/benchmarking exercises and providing analytical support,
  • Support the Lead with development and implementation of the sustainable procurement strategy for the Bank.
  • On boarding of suppliers on the Banks’ procurement systems,
  • Support the Lead in the development and implementation of reporting and dashboard for the Procurement Management Team and wider stakeholders.

Job Requirements:

  • Managing and fielding stakeholders’ procurement and payment queries
  • Gathering of research such as market intelligence
  • Assisting on the delivery of data analytics and its translation into meaningful insights for the Procurement Team and the Bank’s various stakeholders to inform strategies and reports
  • Ensuring and auditing procurement activities for compliance with the Bank’s policies
  • Assistance on sourcing and tender activities
  • Supporting supplier and contract management data collection

Qualification & Experience:

  • Strong communication; verbal, written and presentation skills.
  • Strong customer focus with a drive to provide a valued service.
  • Good planning and organisational skills.
  • Good stakeholder management skills
  • Knowledge of procurement and its processes would be beneficial, but not essential
  • A positive, ‘can do’ attitude, good work ethic and willingness to learn
  • Appreciation of working in a political environment and an ability to understand and respond to different perspectives.
  • Interest in pursuing a career in procurement

Job Details:

Company: Bank of England

Vacancy Type:  Full Time

Job Location: London, England

Application Deadline: N/A

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