Head of Commercial Partnerships Asset Management
3 weeks ago
Job Type: Permanent
Location:
Role could be based in either our Edinburgh, London, Wythall or Telford offices with time spent working in the office and at home.
Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.
Salary and benefits: £90-110,000 (depending on experience) plus 30-60% annual bonus potential, private medical cover, 38 days annual leave, 10% non-contributory pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
Closing Date: 28th August 2024
We have an incredible opportunity to work within our new Commercial Partnerships structure as Head of Category - Asset Management and Product (includes Financial Services, Marketing, Asset Management and Market Data)
The role
The role holder will be responsible for setting the strategic direction of the team and the Financial Services, Marketing, Asset Management and Market Data sourcing strategy. They will manage a team of professionals and oversee the sourcing of Financial Services, Marketing, Asset Management and Market Data products and services and the management of several key suppliers. They will have a strong vision for the category, exceptional negotiation skills and the ability to drive efficiency and value through strategic sourcing and supplier management. They will oversee the sourcing process, supplier management, commercial and contact negotiations and cost optimisation to support the company's objectives.
Strategic Leadership: Develop and implement a procurement strategy for Financial Services, Marketing, Asset Management and Market Data that aligns with the company's overall business goals focusing on cost management, efficiency improvements, risk management and sustainability.
Team Management: Lead, mentor and develop a team of professionals fostering a culture of continuous improvement and professional growth.
Category Management and Plans: Lead the development and implementation of strategic, future-proofed category plans aligned with category objectives and organisational goals.
Supplier Management: Establish and maintain strong and impactful relationships with key suppliers, leading or supporting the negotiation of significant contracts that deliver; value, quality, and reliability.
Partnering and Stakeholder Engagement: Establish and maintain impactful relationships with key stakeholders and become recognised as a Subject Matter Expert (SME) on Financial Services, Marketing, Asset Management and Market Data sourcing. Act as lead or advisor on significant Financial Services, Marketing, Asset Management and Market Data sourcing exercises. Partner with key stakeholders right across the organisation to understand corporate and local strategies ensuring alignment with the Financial Services, Marketing, Asset Management and Market Data category strategy and plans.
Market Knowledge and Insights: Build and maintain up to date knowledge of the Financial Services, Marketing, Asset Management and Market Data categories, current and evolving trends, and existing and new market entrants. Seek out innovative solutions for the company.
Cost optimisation: implement cost optimisation strategies including, but not limited to, demand management, volume consolidation, and process efficiencies to drive savings and improve profitability. Leverage every opportunity for cost savings.
Risk Management: Proactively identify and mitigate risks associated with sourcing activities across the Financial Services, Marketing, Asset Management and Market Data supply chain. This will include managing regulatory contractual change, ESG standards, plus supplier and contract risks ensuring resilient supply chains .
Continuous Improvement: Drive continuous improvement initiatives with the Centre of Excellence team ensuring that procurement and third-party management best practices and Financial Services, Marketing, Asset Management and Market Data is adopted to enhance the efficiency and effectiveness of Commercial Partnerships.
Performance Measurement: Establish key performance indicators (KPIs) and metrics and monitor the performance of the team, track savings and identify areas for improvement.
What are we looking for?
Strong leadership and management skills with a proven track record of leading a team through change.
Highly effective negotiating skills with the ability to influence and communicate effectively with internal and external stakeholders.
Excellent analytical and problem-solving skills with a data driven approach to decision-making.
Detailed knowledge of the Financial Services, Marketing, Asset Management and Market Data market and both established service providers and new entrants or disruptors.
Current working knowledge of contracting models across the range of Financial Services, Marketing, Asset Management and Market Data categories and sub-categories.
Knowledge of financial services products and regulation.
Experience of working with procurement tools and systems.
Ability to work independently, prioritise tasks and manage multiple projects simultaneously in a fast-paced environment.
Who are we?
We want to be the best place that any of our 6,600 colleagues have ever worked.
We're the UK's largest long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
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