This is an exciting opportunity for a Procurement Specialist to join a Financial Services company and play a vital role in managing procurement activities. The ideal candidate will ensure effective procurement processes and achieve cost efficiencies while maintaining high-quality standards.Client DetailsThis organisation operates within the Financial Services industry and is a well-established company. It is recognised for its focus on delivering high-quality services and maintaining robust procurement operations. Their procurement department is currently in its infancy- offering an exciting opportunity to join the organisation and make your mark!DescriptionResponsibilities of this position: Spend Analysis and ReportingAnalyse spend and procurement performance metrics to identify opportunities for cost optimisationMaintain cost models, market indices, and spend analytics datasetsProduce regular and ad-hoc reports on service performance and purchasing trends across the organisationMarket and Supplier InsightsConduct market analysis to inform supplier selection and category strategyGather, maintain, and publish key market insights and benchmarking dataFollow up with suppliers/sub-contractors on requested quotes and support responses as requiredSourcing and Procurement SupportLead mid-value sourcing projects and RFx processes under the guidance of the Category ManagerSupport the development of templates for quote responses to streamline quote analysisIdentify and assist with imp