Procurement Analyst – HYBRID

Job Overview

logoCynergy Bank

Hybrid Working Pattern – 3 days in Office & 2 WFH

About Us

Salary – Up to £60,000 depending upon experience

Cynergy Bank is the UK’s human digital bank serving the needs of ‘scale up’ or medium sized and fast-growing SMEs; professionals; high net worth and mass affluent individuals, in essence those market segments that still value human service enabled by great technology.

We recognise that professional and personal lives often overlap and our mission is to help empower our customers to achieve their ambitions by serving all their interdependent banking needs. We provide a comprehensive range of digitally enabled products and services to meet the property finance, business and commercial banking, private banking and personal savings needs of our customers.

Our human and digital model transforms banking for customers who still value a face-to-face relationship that is enabled by the latest digital technology.

We partner with firms such as Google Cloud, Cigniti and Slalom as we continue to innovate in the human digital space.

Cynergy Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Eligible deposits with Cynergy Bank plc are protected by the UK Financial Services Compensation Scheme.

For more information on Cynergy Bank visit www.cynergybank.co.uk

Company Benefits

Competitive Salary and Company BonusCompetitive holiday allowance plus bank holidaysOption to purchase an additional 10 days holidayPension contribution and Life AssuranceIncome Protection Scheme and Season Ticket LoanElectric Car Scheme and Money Coach (After Probation)

Responsibilities:

Manages the end-to-end lifecycle process of Contract Changes from development through to execution, including obtaining the relevant stakeholder approvalsEnsure that all technical, commercial and operational contract content has been reviewed and approved by the relevant stakeholders, and document the contract approval assuranceSupport a wide range of supplier contracting activity including administering procurement processes for new suppliers and managing drafting and review of contractsEnsures that all terms and conditions of the agreement are satisfied, contractual constructs are fit for purpose and mitigates any risk exposuresEnsure compliance with supplier management governance framework including fulfilling all oversight and governance controlsTrack delivery of annual due diligence reviews and reviews of contractual performance Provides a structured process, rules of engagement and end-to-end support for contractual issue/dispute resolutionDeliver MI and reports including monthly executive dashboards and participate in internal governance as requiredBuild partnership roles with the Cynergy Business Owners, Risk, Compliance, Legal and Finance teams in particular to ensure the contracts are operationalised and managed in line with business needs, relevant policies and processes

Additional Responsibilities For All Employees

Actively promote and practise the Bank’s Guiding Principles Understand and adhere to the Bank’s policies and procedures with particular reference to: Consumer Duty (incorporating consideration of Vulnerable Customers)Fair Treatment of CustomersInformation Security and Data Protection Act 2018 (GDPR)Risk management and reporting of risk management incidentsRegulatory compliance and prevention of financial crimeDisaster recovery and business continuityConduct Rules and Professional Standards Support Bank wide Forums as required or identifiedCooperate with and help colleagues across our business, performing other reasonable tasks as may be required from time to time

Essential Knowledge & Experience:

Minimum of 3 year’s experience with a Procurement function.

Experience in cost saving initiatives is advantageous.

Experience in using a Contract Management Tool (ideally Gatekeeper).

Behavioural skills:

Attention to detail.

Ability to problem solve.

Demonstrate alignment and actively promote the Bank’s values.

Cynergy Bank was established in 2018 by entrepreneurs to serve the needs of business owners, property entrepreneurs and family businesses. We have a strong track record supporting businesses that want to scale up and provide over £3bn lending to scaling businesses across the UK, we also offer retail deposits to UK savers. Our vision is to provide a truly personalised service that is delivered through face-to-face relationships and enhanced by the latest technology.

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