Procurement and Vendor Oversight Officer

Join us at a pivotal moment, where strategic procurement, vendor oversight, and long-term value delivery come together.

This role offers an exciting opportunity to play a key part in ensuring LGPS Central Ltd procures goods and services and manages its critical suppliers and service providers effectively. Working alongside and supporting the Procurement and Vendor Oversight Manager, the postholder will gain hands-on experience in procuring a varied portfolio of goods and services, contract management and third-party vendor oversight within one of the UK’s leading LGPS pooling organisations.

The role will suit someone who is organised, proactive, and keen to develop their expertise in procurement activities, contract management and vendor oversight. With exposure across the organisation including Investments, Finance, Legal and other services, this role provides the chance to build a strong understanding of public sector pensions pooling and the frameworks that underpin good governance and supplier relationships.

What you'll be doing:

Procurement

• Procurement strategy development and execution of procurement activities, including drafting of tender documentation, tender evaluation, and onboarding processes, in line with Procurement Act 2023 and internal procurement policy.
• Assist with drafting and maintaining procurement documentation, including Invitation to Tender (ITTs), evaluation templates, and contract registers.
• Liaise with internal teams to gather requirements and ensure procurement activities are delivered on time and compliant with legislation and policy.
• Embed procurement best practice, through advice, providing guidance and training.
• Deputise for the Procurement and Vendor Oversight Manager as required.
• Support the monitoring and oversight of suppliers and service providers.
• Assist in maintaining governance, risk and compliance system in relation to third party vendor oversight.
• Assist functions in the management of supplier risk and supplier management.
• Lead user of tender and contract management system, providing training and support to other users.
• Provide support to functions to ensure service level agreements (SLAs) and key performance indicators (KPIs) are monitored and managed appropriately.
• Support periodic vendor reviews and reporting to internal governance forums.
• Support contract leads in undertaking supplier reviews and completing oversight activities.

Compliance & Governance

• Ensure procurement and vendor oversight activities are aligned with FCA, LGPS pooling requirements, and internal policies.
• Contribute to audits, compliance checks, and regulatory reporting as required.
• Promote strong governance, risk management, and transparency in procurement and vendor oversight processes.

Relationship Management

• Build collaborative relationships with internal stakeholders across Operations, Finance, Investments, and Legal.
• Support effective communication with suppliers, ensuring professional engagement and resolution of issues.
• Promote best practice in supplier management and procurement processes.

About Us

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.

LGPS Central's Partner Funds are:

The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.

LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.

Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.

Requirements

Procurement Knowledge:

• Familiarity with public sector procurement processes,…