Head of Supplier and Commercial Management

3 weeks ago

Edinburgh, United Kingdom Lloyds Banking Group Full time

End Date

Monday 24 June 2024

Salary Range

£101,932 - £119,920
- We support flexible working - click here for more information on flexible working options

Flexible Working Options

Job Share

Job Description Summary


**Job Description**:
JOB TITLE: Head of Supplier and Commercial Management

SALARY: £101,932+

LOCATION(S): Edinburgh, Leeds or Bristol

HOURS: Full time

WORKING PATTERN: 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.

About this opportunity

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.

The role will involve:

- 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.
- Dispute Resolution: Support accountable executives to resolve disputes and conflicts with suppliers in a timely and efficient manner.
- 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: Cultivate and maintain positive relationships with key stakeholders, both internal and external. Act as a liaison between the company and suppliers, facilitating communication and resolving issues.
- Stakeholder Management: Collaborate with Group cross-functional teams to align supplier strategies with business objectives.
- Continuous Improvement: Drive continuous improvement in supplier relationships and performance.

About us

If you think all banks are the same, you’d be wrong. We’re an innovative, constantly evolving business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What you’ll need:

- Proven experience of developing and delivering a successful supplier strategy, plans long-range goals, objectives and overall direction which support the company's strategy.
- Demonstrate business acumen relationship optimisation, vision, and planning capabilities.
- You’ll also develop strategic solutions to long-term business needs by anticipating sophisticated issues, challenges and opportunities, and leading output delivery.
- Strong negotiation skills with a track record of successful contract negotiations.
- Excellent understanding of risk management and compliance principles
- Specialist expertise in managing supplier relationships in areas such as:

- Offshore suppliers
- Business Process Outsourcing
- Software as a Service

About working for us

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 want everyone feel that they belong and can be their best, regardless of background, identity or culture.

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. So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

- A generous pension contribution of up to 15%
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping.
- 30 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.

At Lloyds Banking Group, we're driven by a clear purpose; 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 keep your data safe. So, we'll only ever ask you to provide confiden

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