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Head of Contract Performance

4 months ago

United Kingdom Lloyds Banking Group Full time

Head of Supplier and Commercial Management We support agile working
Click here for more information on agile working options. Agile Working Options
Agile Working Options
Job Share JOB TITLE: Head of Supplier and Commercial Management
HOURS:  Full time
Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our hub locations.
We're the Supplier Management team, supporting the Insurance, Pensions and Investment (IP&I) business as part of Lloyds Banking Group. By building strong and long-lasting relationships with suppliers, we’re enabling the Group to stay ahead of the competition and better serve its customers. We have a real passion for what we do, and we’re seeking to be the top tier supplier management team at Lloyds Banking Group.
We're seeking a dynamic and expert Supplier and Commercial Manager to join our team and be responsible for our supplier relationships and commercial agreements. This role requires a strategic problem solver who can effectively lead risk and compliance while supporting the business to promote positive relationships with our suppliers.
Contract Negotiation: Alongside our sourcing team, support the business to negotiate contracts, pricing, and terms with suppliers to ensure favourable agreements, in line with Group policies and framework.
Performance Management: Monitor supplier performance against key performance indicators and implement improvement plans as necessary.
Commercial Management : Develop and implement commercial strategies to improve visibility of the commercial position on key supplier arrangements, optimise value and mitigate risks across the supplier landscape.
Relationship Management: Stakeholder Management: Collaborate with Group cross-functional teams to align supplier strategies with business objectives.
Drive continuous improvement in supplier relationships and performance.
We’re an innovative, constantly evolving business that’s shaping finance as a force for good. Demonstrate business acumen relationship optimisation, vision, and planning capabilities.
Strong negotiation skills with a track record of successful contract negotiations.
Excellent understanding of risk management and compliance principles
Offshore suppliers
Software as a Service

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.
We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.
We’re disability confident. We also offer a wide-ranging benefits package, which includes:
~ A generous pension contribution of up to 15%
~ An annual bonus award, subject to Group performance
~ Share schemes including free shares
~ Benefits you can adapt to your lifestyle, such as discounted shopping.
~30days’ holiday, with bank holidays on top
~ A range of wellbeing initiatives and generous parental leave policies

By joining our Talent Community your profile will be visible to our recruitment teams, who are constantly looking to match outstanding talent with our current and future opportunities. to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
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