At a Glance
- Tasks: Lead sourcing projects and deliver strategic consultancy engagements with senior stakeholders.
- Company: Join Lloyds Banking Group, a leader in transforming finance for good.
- Benefits: Generous pension, performance bonuses, 30 days holiday, and well-being initiatives.
- Other info: Hybrid working model with opportunities for personal growth and career advancement.
- Why this job: Make a real impact while developing your skills in a dynamic environment.
- Qualifications: Experience in sourcing, strong relationship-building skills, and commercial acumen.
The predicted salary is between 39825 - 66500 £ per year.
Salary: £39,825 – £66,500
Location: Edinburgh, Bristol, Birmingham or Halifax
Hours: Full‑time
Working Pattern: Hybrid – at least two days per week (or 40% of time) at one of the above locations.
About us
We’re on an exciting journey to transform our Group and the way we shape finance for good. We focus on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.
About this opportunity
We have two open positions in our management consultancy team: Assistant Sourcing Manager and Sourcing Manager where you’ll join a high‑energy team that partners with senior stakeholders to shape and deliver strategic consultancy engagements across the organisation. You’ll lead and enable the full sourcing lifecycle – from defining requirements and running competitive tenders to securing great commercial outcomes that support the organisation’s priorities. As a specialist in sourcing processes, tools and best practice, you’ll drive value, protect quality and help strengthen a resilient supply base. All activity is delivered in line with Group policies and risk frameworks.
What You’ll Do
- Deliver high‑profile consultancy engagements and ensure business partners receive outstanding sourcing support.
- Manage the end‑to‑end sourcing cycle for consultancy services – shaping requirements, coordinating market engagement, developing tender documentation, evaluating proposals and leading commercial and contractual negotiations.
- Apply deep knowledge of contractual terms and conditions to embed robust risk mitigation strategies in supply agreements.
- Build and maintain influential relationships with senior stakeholders to shape priorities and anticipate future consultancy needs.
- Influence stakeholders to apply the right procurement strategies and precedents, guiding them to make optimal buying decisions that deliver value and protect the Bank’s interests.
- Engage strategically with suppliers to strengthen partnerships and align delivery with Group objectives.
- Collaborate seamlessly with Management Consultancy Supply Chain teams, Group Cost & Insights and Professional Services Cost Management to maximise value and deliver excellence across the sourcing lifecycle.
- Champion compliance with Group risk frameworks and regulatory requirements, embedding robust governance across sourcing activities.
- Navigate established policies and procedures to find solutions, resolve queries and ensure internal customers receive timely, value‑adding sourcing support.
- Take ownership of shaping and delivering the Management Consultancy strategy for your assigned business areas, lead high‑complexity sourcing projects and drive strategic change initiatives that elevate team capability and performance.
What You’ll Need
- Sourcing Expertise: Proven ability to manage end‑to‑end sourcing activities and lead commercial negotiations.
- Delivery at Pace: Comfortable in a high‑volume, fast‑moving environment, managing multiple projects simultaneously.
- Relationship Builder: Skilled at developing and nurturing strong partnerships with stakeholders to influence outcomes.
- Commercial Acumen: Confident in challenging the status quo and applying commercial thinking to deliver enhanced value.
- Contract Management: Experience managing and delivering outcomes for a portfolio of contracts within established procurement procedures and risk management systems.
- Market Insight: Ability to maintain an up‑to‑date understanding of the consultancy supply market and its wider influences.
- Personal Growth: Willingness to grow capabilities by pursuing and investing in personal development opportunities.
- Technical Skills: Proficiency in procurement systems and tools to manage sourcing activities effectively.
Benefits
- A generous pension contribution of up to 15%
- An annual performance‑related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 30 days holiday, plus bank holidays
- Well‑being initiatives and generous parental leave policies
Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more.
Sourcing Manager and Assistant Sourcing Manager in Bristol employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in vibrant locations such as Edinburgh, Bristol, Birmingham, and Halifax. With a strong focus on employee growth, generous benefits including a substantial pension contribution, performance-related bonuses, and well-being initiatives, we empower our team members to thrive while making a meaningful impact in the finance sector. Join us to be part of a high-energy team that values collaboration, innovation, and personal development.
