Procurement Manager

Role:  Procurement Manager 

Location: London (Weekly travel to London office required)

Recently listed as a "RegTech Top Performer" in Market Fintech's RegTech Supplier Performance Report, CUBE is pioneering the development of machine automated compliance. 

We are a global RegTech business defining and implementing the gold standard of regulatory intelligence and change for the financial services industry. We deliver our services through a SaaS platform, powered by an innovative combination of AI and proprietary data ontology, to simplify the complex and everchanging world of compliance for our clients. 

At CUBE, we are creating the future and are a company rooted in strong values, team spirit and commitment to our customers and wider communities. We serve some of the largest financial institutions globally and are expanding our footprint very fast. As we do so, we are keen for new talent to join us and realize their full potential to grow into leadership positions within the business.

Role mission:  

We are seeking a detail-oriented and strategic Procurement Manager to oversee the purchasing of products and services for our RegTech business. The ideal candidate will have a strong understanding of vendor lifecycle management, superb negotiation skills, and the ability to make sound decisions quickly.

Responsibilities:  

• Develop and Implement Procurement Strategies: Create and execute procurement and vendor management strategies that align with the company’s goals and objectives.
• Vendor Management: Identify, evaluate, and manage relationships with suppliers to ensure timely delivery of products and services. Manage the vendor life cycle through onboarding, renewal, renegotiations, and off boarding.
• Contract Negotiation: Negotiate contracts, pricing, terms, and service level agreements with vendors.
• Market Research: Conduct market research to stay updated on the latest IT products and pricing trends.
• Stakeholder Collaboration: Work closely with internal teams to understand their needs and requirements.
• Compliance and Documentation: Ensure all procurement activities adhere to legal guidelines and company policies. Maintain accurate records of purchases, pricing, and other important data.
• Issue Resolution: Resolve any issues or problems related to the delivery of products and services.
• Reporting: Provide regular reports on procurement activities to senior management.

What we’re looking for: 

• Experience: Minimum of 3 years of experience in procurement global sourcing and managing international suppliers, preferably in the tech industry/ a related regulated industry.
• Skills:
• Strong negotiation and stakeholder management skills.
• Excellent decision-making and problem-solving abilities.
• Understanding of procurement within regulated and technology industries.
• Ability to work with numbers and analyze data.
• Strong communication and interpersonal skills.

Our Products:

RegPlatform is a technology platform that streamlines regulatory change management. It provides firms with a one-stop, continuously maintained inventory of global regulations, with effortless horizon scanning, integration capabilities and workflow management. RegPlatform combines industry leading AI technology with expert validated insights to simplify the complexities of multi-jurisdictional regulatory content.

RegBrain allows customers to apply CUBE's AI models directly to their own content, enabling faster release and feedback cycles. Our flagship AI services will be included, spanning structural detection, classification, entity extraction, summarisation, and recommendations. Available to customers and partners as APIs and via a UI.

Why Us?   

🌍 Globally, we are one of a kind! 

CUBE are a well-established market leader within Regtech (we were around before Regtech was even a thing!), and our category-defining product is used by leading financial institutions around the world (including Revolut, Citi, and HSBC).

🌱Growth & progression

Last year we grew by more than 50% and our growth journey is just getting started! We are a dynamic, fast-paced workforce that is always seeking ways to accelerate our people, processes, services and products. We hire ambitious people that want to make a difference, share their ideas, “make it happen” and find better, smarter ways of working. Our future is shaped by our employees, so if you’re someone looking for an opportunity to make a real impact, and progress your career alongside the business, it couldn’t be a better time to join us!

🗣️Internationally collaborative culture

With more than 400 CUBERs across 11 locations in Europe, the Americas and APAC, collaboration is key to our success. We are a diverse workforce united by a shared desire to reshape the world of regulatory compliance and make an impact. We champion sharing knowledge with colleagues from all over the world, in order to deliver the best results.

💡 Innovative breakthrough technology

CUBE is an innovator. We pioneered the use of AI in the field of regulatory change and our state-of-the-art, cutting edge technology is helping financial services firms from all over the world, solve complex compliance challenges. You will work alongside some of the brightest minds in AI research and engineering in developing impactful solutions that will reshape the world of regulatory compliance.

💻 Work life balance

CUBE is a remote-first business so you will be able to design your home office and choose your own work equipment. We host regular in-person meet-ups as a chance to get-together, share ideas and collaborate with other teams but we are advocates for remote working and we believe working remotely provides freedom to innovate, create and unlock global talent.