Procurement Analyst

Who We Are Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported £79bn+ of international payments, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and proprietary technology. Moneycorp is a place where energy, commitment to our shared success, and collaboration are core to our values. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.

Job Profile Moneycorp is looking for a new hire to join the Procurement team, supporting the team across the management of the third-party vendors across the group. This will include supporting the assessment of the business requirements, to help support the desire to buy the right product at the right price at the right time. The Procurement analyst will have a desire to learn and be involved across all aspects of Procurement and Third-Party vendor management and play a key role in supporting strategic sourcing, supplier management, and cost-optimisation initiatives within a fast-paced FinTech environment. The role requires strong analytical capability. The successful candidate will work cross-functionally to ensure procurement activities are efficient, compliant, and aligned with business objectives. Located in London, the candidate will have the opportunity to develop the following skills, that include using data and decision analytics, growing their relationship management skills, contract performance, performance improvement programmes, and an interest in establishing processes, and developing commercial awareness to challenge stakeholders and enable decision making.

Key Responsibilities Data Analytics and Insight Ability to gather, interpret and evaluate information and data, using a range of business tools. Utilising this information and data to influence groups of stakeholders enabling evidenced based decisions. Support end-to-end procurement processes including RFP/RFI development, bid evaluation, vendor selection, and contracting. Problem Solving - Experience of analysing spend data to identify cost-saving opportunities. Maintain procurement records, dashboards, and compliance documentation. Supplier and Stakeholder Engagement Ability to build and maintain constructive stakeholder relationships, demonstrating interpersonal skills and ability to collaborate and communicate effectively. Proactively seeking and building continuous and meaningful engagement with the suppliers to improve value delivered from the supply chain. Build strong internal relationships with Legal, IT, InfoSec, Finance, and Product teams to support sourcing needs. Performance Prioritisation and delivering at pace - Ability to work inclusively and collaboratively at pace, respond to changing demands and manage competing priorities to meet challenging deadlines. Support ongoing management of contract renewals, expirations, and amendments. Assist in negotiating terms related to pricing, service levels, data security, and regulatory obligations.

Skills & Experience Required Knowledge and Experience: Experience in procurement, sourcing, supply chain, or vendor management—ideally in FinTech, financial services, or technology. Strong analytical skills with the ability to interpret complex datasets. Working knowledge of technology procurement (SaaS, cloud, APIs, infrastructure). Understanding of vendor risk, regulatory requirements, and compliance frameworks in financial services. Good communication, stakeholder engagement, and negotiation skills. Proficiency with Microsoft Office (PowerPoint, Excel, Word). Experience with procurement systems (e.g., Coupa, Ariba, Workday, Jaggaer) is desirable but not mandatory Skills and Competencies: Ability to analyse spend data and generate actionable insights. Examples of identifying cost-savings, efficiencies, or demand patterns. Contract lifecycle awareness (renewals, amendments, expiries, SLAs). Understanding of tech commercial models (subscription, consumption-based, licensing). Ability to evaluate commercial proposals. Negotiation skills (even at junior / supporting level). Appreciate when to escalate issues upwards.

Education: Degree in Business, Finance, Economics, Supply Chain, or related field. CIPS qualification (or working toward it).

Personal Attributes Enthusiastic and eager to learn with a passion for self-improvement and growth. Proven ability to work both within teams and independently as required with a team-oriented, flexible attitude, adhering to a high standard of ethical behaviour. Strong communication skills (Written and Oral) with a strong attention to detail. Approachable and personable to enable developing strong working relationship with peers. Highly motivated, responsible, reliable and organised individual able to use own initiative, manage own time and workload.

Please note: This is a full-time, permanent position. The role is expected to be office-based in London, however, we have a flexible working policy which enables you to work up to 2 days from home.

What you get in return: This role offers a competitive salary, plus a benefits package including private medical health insurance.

Interested? If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on the Apply Now button. For company news, announcements and market insights, visit our News Hub . You can also find Moneycorp on Facebook , Twitter UK , Twitter Americas , Instagram , LinkedIn , where you can discover how we are leading the way in global payments and currency risk management.

Diversity and Inclusion Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams. All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.