Marshmallow
Senior Procurement Manager
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🚀 Senior Procurement Manager
About Marshmallow
We’re on a mission to make migration easy. Since our founding in 2017, we’ve grown from 3 to 700+ employees, raised £140M in funding, achieved unicorn status, turned profitable, and insured millions of drivers while lending millions in car loans.
Our goal: Become one of the largest financial services providers in the world over the next decade. We’re hungry for ambitious, commercially driven people who thrive on autonomy, ownership, and pushing boundaries—not coasting.
This environment rewards curiosity, tenacity, and collective success. If that excites you, keep reading.
The Opportunity
This is a rare chance for a commercially sharp procurement professional to build procurement from scratch at Marshmallow. Growth has outpaced our processes: spend is fragmented, supplier relationships are informal, and controls are non-existent.
We need someone who:
- Thrives in ambiguity,
- Challenges the status quo,
- Gets satisfaction from turning chaos into order,
- And has real autonomy—along with accountability—to shape Marshmallow’s procurement.
While procurement will be the focus, you’ll also support key partnerships alongside the Partnerships Manager.
Locations May Vary
We are not in a position to offer sponsorship and/or a visa for this position.
What You’ll Be Doing
1. Build the Foundation
Design and implement a practical, fit-for-purpose procurement framework, covering:
- Policy and approval controls,
- Supplier onboarding,
- Purchase-to-pay processes,
- Procurement tool operationalization,
- Transformative spend visibility.
This isn’t theoretical—it’s actionable and adoptable by the team.
2. Own Commercial Negotiations
Lead negotiations across key supplier categories (e.g., professional services, technology, facilities, logistics). Your goal: drive meaningful cost savings and improved terms—not just manage existing arrangements.
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3. Drive Cross-Business Engagement
Collaborate with department heads and budget holders to:
- Understand procurement needs,
- Challenge unapproved/inefficient spend,
- Champion structured, budget-aligned processes.
You’ll need to build credibility fast and influence without formal authority.
4. Establish Governance & Controls
Introduce:
- Approval workflows,
- Delegation of authority,
- Contract management disciplines,
- Supplier performance monitoring.
Define what success actually looks like and hold the business to it.
5. Create Spend Visibility
Develop data-driven reports and analytics for leadership, highlighting:
- Where money is going,
- Supplier risk levels,
- Savings opportunities,
- Duplication reduction impact.
6. Build for Scale
As the function grows, you’ll:
- Define roles and ways of working,
- Choose tools to support scaling,
- Potentially expand a small team.
7. Third-Party Risk Management
Build and embed a tailor-made risk framework covering:
- Supplier due diligence,
- Risk tiering,
- Contractual controls,
- Ongoing risk monitoring.
Who You Are
We’re looking for someone who:
✅ Acts fast—without corners cut: Procurement at Marshmallow isn’t bureaucratic. You simplify complex problems, make confident decisions with imperfect info, and deliver quick results. ✅ Raises the bar relentlessly: You don’t maintain the status quo. Find better commercial outcomes, challenge legacy contracts, and bring fresh thinking. ✅ Has low ego, high impact: Collaborate openly, share context freely, and take accountability. Confidence in your instincts, but know data beats opinions.
What We’re Looking For
- Proven procurement/commercial experience (preferably in immature/developing functions).
- Track record of negotiating cost savings & better terms.
- Ability to design/implement processes—not just follow them.
- Strong stakeholder management skills (pushback constructively).
- Analytical mind: Safely interrogate spend data for opportunities.
- Pragmatic mindset: Know when to be flexible and when to enforce process.
- Contract/supplier management experience across multiple categories.
- Third-party risk management expertise, including:
- Due diligence,
- Risk tiering,
- Contractual controls,
- Ongoing monitoring systems.
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🤝 The Perks
💰 Flexible Working: 3 days a week in our brand-new London office. Choose your schedule! 💎 Competitive Bonus: Rewarding top performance. 💳 Flexible Benefits Budget: £50/month to spend on anything (subscriptions, classes, plants, etc.). 🌍 2-Week “Work From Anywhere” Per Year. 🏝️ Sabbatical: 4 weeks of fully paid leave after 4 years. 🖥️ Tech Scheme: Cutting-edge tech at a discount. 💕 Mental Wellbeing: Therapy and support through Oliva. 📚 Learning & Development: Budgets for books, courses, AS Gorbachev Academy courses, and 2 “skills/semester” days paid. 🏥 Private Healthcare: Discounts, gym memberships, and Vitality perks. 💎 Medical Cash Plan: Covers dental, optical, physio, and more. 🚧 25 Days Holiday + Bank Holidays. 🧑💼 Cycle-to-Work Scheme. 🎉 Monthly Team & Company Socials.
Background Checks
As part of maintaining a safe and trustworthy environment, we’ll conduct:
- DBS checks
- Cifas checks
Find out more in your application process.
Diversity of Thought
We believe the best ideas come from diverse perspectives. Marshmallow is committed to fair hiring, regardless of background or experience.
If you see yourself in this role, apply!
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