Procurement Job of the Week – you can bank on this one… (sorry….)

Today's job of the week is a big one - there's not many organisations where a role with an annual procurement  spend of £3.5 billion means you're one of the direct reports to the CPO rather than the top honcho. But RBS (Royal Bank of Scotland) is still so huge, despite the banking crash, that their role of  Head of Procurement for Business Services and Group Functions carries that level of spend responsibility.

It reports to the CPO as part of their team, and leads procurement for all the non-customer facing areas of the bank - so supporting all the back office type activities. I would assume categories such as IT, professional services, and outsourced (BPO) services would be the key areas here. As the ad says,

"You will be responsible for defining the Global Divisional Supply Chain strategy and building and maintaining stakeholder engagement for our Group Functions and Business Services Divisions.
Group Functions are the core support for the business divisions and Business Services is the backbone of RBS, both providing a diverse range of high quality services to the customer-facing operations of the Group."

RBS certainly developed a very good reputation for procurement after the NatWest takeover. The organisation's problems are well known, but I suspect have had a lot more effect on the bankers rather than functions such as procurement.  The bonuses may be somewhat smaller than a few years back  - but my guess in terms of reward would be a 6 figure basic and a package of over £150K potentially. That is a guess though...

You can be based in London or Edinburgh - if Scotland is good for you, do check whether the traffic has got any better at the big Edinburgh office - it was taking people over an hour to get out of the car park when it first opened.

One of the few negatives may be having to tell people you work for a bank. But you can go on to explain that you're not actually a banker - and this looks like a very interesting, challenging and senior role. If you have a look at their website, (link here via Exec-appointments) you'll see that there are a number of other procurement jobs available as well.


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