Procurement Manager

Starling Bank

Procurement Manager at Starling Bank, leading vendor partnerships and procurement strategies to enhance operations. Seeking a collaborative professional with procurement experience in financial services.

Posted 6/18/2026full-timeLondon • 🇬🇧 United KingdomJuniorWebsite

About the role

Key responsibilities & impact

End-to-End Procurement: Lead end-to-end procurement activity for complex, high-value contracts across technology, data, operational services, and people team categories.
Sourcing Strategy: Develop and execute sourcing strategies that create genuine market competition and deliver measurable cost savings and value.
Commercial Modelling: Build and maintain commercial models from supplier quotes to identify negotiation opportunities and inform strategy.
Contract Renewals: Own contract renewals, ensuring no auto-renewal is missed and every renewal is approached with a clear commercial plan.
Contract Negotiation: Negotiate contract terms, pricing, SLAs, and exit provisions that protect the business and reflect market rates. Negotiate and establish competitive commercial agreements, documenting evidence of commercial improvements or cost avoidance.
In-Contract Management: Manage agreements post-contract by measuring the relationship against agreed SLAs, engaging with internal stakeholders, and ensuring a regular cadence of MI meetings with material strategic suppliers.
Performance Optimisation: Look for opportunities to optimise vendor's commercial and operational performance as well as internal processes.
Requirements Gathering: Identify, document, and agree requirements at the beginning of a project to provide clarity during the contracting, negotiation, and sign-off process.
Market Awareness: Maintain a sound working knowledge base of category supplier capacities in the market, category market trends, and developments, attending trade events and conferences where applicable.
Workflow Maintenance: Ensure that all procurement and contractual workflows are maintained and kept up to date within the contract management system.
Stakeholder & Vendor Relations: Build healthy and productive relationships with key internal stakeholders within category spend areas. Act as a point of escalation, providing guidance and support to stakeholders across the organisation. Work closely with the Vendor onboarding teams ensuring supplier on-boarding is in line with process and regulations.
Reporting: Contribute to Monthly reporting and updates to Executives (VMF).
Best Practice Advocacy: Champion procurement best practice across the business, improving commercial awareness and policy compliance.

Requirements

What you’ll need

0–3 years of procurement experience.
Educated to degree level
Experience working in Financial Services.
Experience working on SaaS contracts.
Commercial Analysis: Strong commercial analysis skills with the ability to build cost models, interpret supplier financials, and identify negotiation levers.
Negotiation Excellence: Excellent negotiation skills with a demonstrable ability to achieve strong commercial outcomes.
Contractual Literacy: Contractually literate with the ability to negotiate around the finer points of an agreement.
Communication & Output: High standard of written output with the ability to produce clear, accurate, and commercially focused documents and analysis.
Interpersonal Skills: Great relationship-building, communication, problem-solving, organisational, and time management skills, maintained with an overall collaborative approach.
Autonomy: Ability to work with significant independence, exercise sound judgement in ambiguous situations, and take ownership of decisions.

Benefits

Comp & perks

25 days holiday (plus take your public holiday allowance whenever works best for you)
An extra day’s holiday for your birthday
Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
16 hours paid volunteering time a year
Salary sacrifice, company enhanced pension scheme
Life insurance at 4x your salary
Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
Generous family-friendly policies
Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

procurementsourcing strategiescommercial modellingcontract negotiationin-contract managementperformance optimisationrequirements gatheringcommercial analysiscontractual literacySaaS contracts

Soft Skills

negotiation excellencecommunicationinterpersonal skillsrelationship-buildingproblem-solvingorganisational skillstime managementautonomycollaborative approachjudgement

Certifications

degree