Procurement Specialist

About the Role

The Procurement Specialist oversees end-to-end procurement for Marketing & Communications, aligning sourcing with SimCorp's business goals and cost-efficiency. You’ll build and run structured procurement processes, coordinate with legal, compliance and finance, and develop tools and frameworks to support supplier management and policy compliance.

What You'll Do

• Act as primary procurement partner for Marketing & Communications, managing end-to-end supplier ecosystem
• Develop and execute strategic sourcing initiatives for assigned categories
• Drive structured procurement execution: intake, vendor accreditation, due diligence, contracting, and renewals
• Lead vendor accreditation and due diligence when onboarding new suppliers, coordinating across legal, compliance, and finance
• Manage supplier relationships: negotiate contracts and ensure SLAs and performance
• Support development and implementation of back-office procurement tools and process improvements
• Conduct market research and industry analysis to identify potential suppliers and cost-effective solutions
• Collaborate with business units to understand needs and ensure procurement supports goals
• Monitor supplier performance against SLAs, quality standards, and contractual obligations
• Ensure compliance with procurement policies and regulations, mitigating risk
• Analyze spend data and report on key metrics including cost savings, supplier performance, and procurement cycle times
• Implement continuous improvement initiatives to streamline procurement processes and increase operational efficiency
• Lead procurement for complex or high-value contracts, including tendering, evaluation, and negotiation
• Provide mentorship and support to junior category managers and procurement staff
• Day-to-day procurement operations for Marketing & Communications, including briefing, supplier selection, PO management, and vendor governance
• Vendor onboarding: coordinating accreditation, due diligence reviews, and supplier registration processes
• Spend management: processing and analyzing spend data to segment suppliers, identify savings, and drive consolidation opportunities
• Close coordination with SAM on tool rationalization, licensing optimization, and cost governance
• Supporting governance principles such as avoiding overlap, optimizing vendor portfolios, and managing compliance risk
• What We're Looking For
• 3+ years of experience in category management and procurement, ideally with Marketing & Communications or similar indirect categories
• Solid understanding of end-to-end procurement lifecycle (intake, vendor accreditation, contracting, renewal)
• Experience running structured procurement processes and working with cross-functional stakeholders including suppliers, legal, finance, and business teams
• Exposure to procurement tool implementation or back-office process development
• Ability to work closely with business stakeholders to deliver value while mitigating risk
• Good analytical skills with keen attention to detail
• Advanced English communication skills, verbal and written
• Able to work in the EMEA time zone
• 2x RTO per week
• Nice to Have
• (Not explicitly listed in the source; section omitted)
• Compensation & Benefits
• An attractive salary, bonus scheme, and pension. In addition, SimCorp provides work-life balance and opportunities for professional development and an individual approach to career growth.
• Benefits package may vary by country.