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Procurement Manager
Man GroupLondon
Apply About Man Group
Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent.
Headquartered in London, we manage $228.7 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com
At Man Group, we respect your privacy and we are committed to protecting and safeguarding your Personal Data. We have developed policies and processes which are designed to provide for the security and integrity of your Personal Data. We are committed to Processing your Personal Data fairly and lawfully, and being open and transparent about such Processing. For further information on how we process your data, please see the privacy notice for applicants here
* As at 31 March 2026
Purpose of Role:
This is a hands-on management role at the heart of Man Group's Procurement function. The Procurement Manager is both an active commercial professional and the person responsible for leading and developing a team that is trusted, proactive and genuinely valued as a strategic partner by the business.
The function oversees approximately $100m of annual procurement spend across Man Group's indirect spend base. The Procurement Manager is accountable for ensuring that spend is visible, well-governed and delivering real value. We are looking for someone who builds Procurement's reputation by supporting the business in achieving its objectives, earning a seat at the table through the quality of relationships and the clarity of value delivered. Communication and stakeholder engagement are as important here as commercial expertise.
The ideal candidate will be CIPS qualified, with a strong commercial track record and a genuine belief that great procurement is built on communication, trust and fundamentals done well, supported by the right tools and technology.
Specific Responsibilities:
- Lead and develop a team of three procurement professionals, setting clear direction, maintaining high standards and acting as a consultative escalation point to raise the quality and consistency of their outputs
- Build trusted relationships with senior stakeholders across the business including Finance, Legal, Technology, Corporate Real Estate, COOs and business management teams across the investment management functions, providing sound commercial input and actively influencing demand upstream before commitments are made
- Work with stakeholders to define requirements, design sourcing strategies and run go-to-market exercises; personally leading on complex sourcing projects, negotiations and commercial disputes
- Manage supplier relationships across key categories, maintaining performance standards and providing project management structure on larger sourcing exercises to ensure timely and well-governed outcomes
- Ensure savings are consistently captured and connected to a clear story of Procurement's value to senior management
- Own the embedding of the Procurement Policy and controls framework, maintaining and improving Procurement MI, KPI reporting and governance touchpoints including Legal and TPRM
- Drive continuous improvement of processes, tools and ways of working, proactively identifying new areas of opportunity
Technical Competencies:
- CIPS qualified (essential)
- Educated to degree level or equivalent
- Extensive experience leading procurement and sourcing projects in financial services
- Strong strategic sourcing, category management and contract management expertise
- Proven ability to negotiate large, complex deals and manage senior supplier relationships
- Man Group is a technology-focused organisation; whilst a dedicated category lead is in place, fluency across software, SaaS, data and technology vendor landscapes is a strong advantage
- Appetite and aptitude for AI and new technologies
Core competencies:
- Skilled communicator and relationship builder
- Sets clear expectations and holds the line on standards
- Proactive and delivery-focused
- Open to new ideas; brings experience as a strength without letting it become a ceiling
- Committed to continuous improvement in themselves, their team and the function
Inclusion, Work-Life Balance and Benefits at Man Group
You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity.
You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering.
Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance.
Equal Employment Opportunity Policy
Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws.
Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.