London, England, United Kingdom · Hybrid
Procurement Analyst, 12 Months FTC We are looking for a Procurement Analyst to join Pay.UK on a 12 month fixed term basis, supporting the delivery of clear, well evidenced procurement activity across our organisation. Th…
Skills: Spend Analysis, KPI Reporting, Contract Renewals, Supplier Performance Review, Due Diligence
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The role involves preparing spend analysis and KPI reports to inform strategic procurement decisions and contract renewals. It also includes managing procurement documentation, conducting supplier due diligence, and executing low-value sourcing activities.
Candidates need practical experience in procurement analysis or consultancy, specifically with spend analysis and RFx documentation. Experience supporting IT or technology-related procurement and the ability to produce structured reports for non-technical stakeholders is required.
We are looking for a Procurement Analyst to join Pay.UK on a 12 month fixed term basis, supporting the delivery of clear, well evidenced procurement activity across our organisation. This role suits someone with early to mid level procurement experience who wants to deepen their analytical practice while working on contracts and services that underpin the UK’s retail payment systems.
You will work closely with our Head of Commercial Deals and the wider Procurement team, using data, reporting and market research to inform procurement approaches, renewals and decisions. You will see your analysis used in live sourcing activity, contract renewals and internal guidance, giving you practical exposure to end to end procurement processes within a regulated, public interest environment.
At Pay.UK, our behaviours are central to who we are and how we operate. They bring our values to life, shape our culture, and guide how we make decisions, collaborate, and respond to challenges across the payments ecosystem. All interview processes will assess the following behaviours:
At Pay.UK, we value diversity and inclusivity. Research has shown that candidates from underrepresented groups may hesitate to apply unless they meet all the requirements listed. We encourage all qualified candidates to apply, regardless of how closely their skills and experience match the requirements. We are committed to supporting accessibility needs and creating a welcoming environment for all employees. Become part of our team and contribute to the creation of an inclusive work environment that values everyone's unique input.
Pay.UK maintains and develops the UK retail payment systems and standards that are core to the economy being able to function on a day-to-day basis.
From Bacs to Faster Payments and cheques – we act as the single operator for all UK retail payments. We put the needs of consumers and businesses at the heart of everything we do, working in the public interest to ensure that the systems the country relies on for its banking transactions are safe, open, innovative and resilient.
Our payment systems underpin the services that enable funds to be transferred between people and institutions. In 2024, the UK's retail payment systems processed 11 billion transactions worth over £10 trillion through Bacs Direct Credit, Direct Debit, Faster Payments, and cheques, and our Current Account Switch Service has facilitated over 9 million switches since it’s launch in 2013.
Every day, individuals and businesses use the services we provide to get their salaries, pay their bills and make online and mobile banking payments. Our vision for the future is to enable a vibrant economy, with Pay.UK delivering robust payment infrastructure and standards for the benefit of consumers and businesses nationwide.
Learn more about life at Pay.UK by hearing what employees have to say, click here to view videos.
Please note:
Giving the UK choice in how it pays
We enable individuals and organisations in the UK to transfer money to others whenever they need to, quickly, safely and cheaply. Every day £23.5 billion of retail payments are made in the UK by individuals, businesses and organisations. Some £20.3 billion of this daily total travels through our platform making ours by far the most heavily used retail payments platform in the UK.
Offices: The White Chapel Building, 10 Whitechapel High Street, London, England E1 8QS, GB
Giving the UK choice in how it pays
We enable individuals and organisations in the UK to transfer money to others whenever they need to, quickly, safely and cheaply. Every day £23.5 billion of retail payments are made in the UK by individuals, businesses and organisations. Some £20.3 billion of this daily total travels through our platform making ours by far the most heavily used retail payments platform in the UK.
Offices: The White Chapel Building, 10 Whitechapel High Street, London, England E1 8QS, GB
