At a Glance
- Tasks: Lead technology partnerships and drive strategic commercial initiatives for a leading savings and investments firm.
- Company: Join M&G, a company with over 175 years of innovation in finance.
- Benefits: Enjoy competitive salary, generous pension scheme, and 38 days annual leave.
- Why this job: Make a real impact in technology while shaping the future of financial services.
- Qualifications: Experience in senior technology roles with strong commercial acumen required.
- Other info: Inclusive culture with support for diverse communities and flexible working arrangements.
The predicted salary is between 80000 - 100000 £ per year.
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions. We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.
The Head of Technology Commercial & Partnership Management is accountable for maximising the value, resilience and strategic impact of the company’s technology supplier and partner ecosystem. This is a senior leadership role combining strategic commercial direction, operating-model ownership and hands-on execution. The role-holder will set the long-term commercial and partnership strategy for Technology, while also ensuring robust day-to-day governance, performance management, and cost control across a complex, regulated environment. A core expectation of the role is to review, evolve and embed a fit-for-purpose commercial and partnership operating model, ensuring Technology is set up for success as the organisation continues its transformation, including cloud adoption, digital modernisation and the adoption of AI.
The role operates in close partnership with M&G's Group Procurement function, who retain ownership of sourcing strategy and negotiation of new Technology deals. This role owns Technology-led commercial strategy, supplier and partnership performance, and the commercial strategy and negotiation of renewals, extensions and major changes to existing agreements, working closely with Procurement to ensure optimal outcomes.
Responsibilities
- Define and own the Technology commercial and partnership strategy, ensuring alignment with business priorities, Group Procurement policies, Technology strategy and transformation objectives.
- Review, design and evolve the commercial and partnership operating model, including decision rights, governance forums, tooling, data and ways of working.
- Define and execute a multi-year strategic partnership roadmap, identifying where Technology should build deep, value-creating partnerships versus transactional supplier relationships.
- Maintain senior, executive-level relationships with critical suppliers and partners, including joint business planning, value tracking and strategic alignment.
- Provide Technology-led commercial sponsorship and decision support for new Technology deals negotiated by Procurement, and own the commercial strategy and negotiation for Technology contract renewals, extensions and restructures.
- Own software asset management, licensing and renewals, ensuring cost efficiency, compliance and transparency.
- Optimise total cost of ownership through supplier consolidation, commercial leverage, benchmarking and outcome-based commercial models.
- Ensure all Technology commercial commitments operate within approved financial, procurement and risk frameworks, with appropriate approvals and documentation.
- Act as the single point of accountability within Technology for the commercial performance, risk and value delivered by Technology suppliers and partners, working in close partnership with Procurement.
- Lead material and critical Technology supplier risk management, ensuring resilience, continuity and regulatory compliance for critical services.
- Implement and embed evidenced governance, including performance scorecards, service reviews and continuous improvement plans.
- Proactively identify and address emerging commercial, delivery or concentration risks within the supplier ecosystem.
- Work closely with Technology Leadership, Strategy, Architecture, Transformation, PMO and operational teams to align partnerships with Technology roadmaps, future-state architecture and innovation priorities.
- Work closely with Procurement to ensure the best overall commercial outcomes for M&G across cost, value, resilience, risk and pace of delivery.
- Partner with Finance, Legal, Procurement and Risk to align Technology spend with long-term investment plans, TBM frameworks and regulatory expectations.
- Lead, develop, and inspire a high-performing commercial and partnership management team.
- Role-model strong leadership behaviours, structured thinking and clear decision-making.
- Influence effectively across organisational boundaries, including with senior executives and external partners.
- Operate as a senior leader within the Technology COO leadership team and the wider CITO leadership community.
- Provide confidence to Technology and business leadership that commercial, partnership and supplier arrangements are robust, value-driven and fit-for-purpose.
- Ensure significant commercial decisions are signposted early, supported by clear, concise materials that enable effective decision-making.
- Ensure Technology contract renewals are proactively planned and negotiated, avoiding reactive or time-pressured renewals, and securing best value, resilience and appropriate risk outcomes for M&G.
- Maintain and enhance the control environment, contributing to strong customer outcomes and reduced operational risk.
- Deliver the objectives of the role within agreed financial, compliance and risk constraints.
- Get the best from the team through clear direction, high standards and active development.
About You
- Significant experience in senior technology commercial, procurement, partnership or supplier-management roles, ideally within a regulated or complex enterprise environment.
- Proven experience operating at both strategic and operational level, balancing long-term value creation with day-to-day delivery and control.
- Demonstrated success leading teams and influencing senior stakeholders beyond direct reporting lines.
- Strong understanding of commercial governance, risk management and performance frameworks.
- Comfortable operating with ambiguity, making informed decisions where there are competing priorities and incomplete information.
- A collaborative, inclusive leadership style, with the confidence to challenge constructively and drive change.
Key Knowledge, Skills And Experience
- Deep understanding of how large-scale Technology organisations operate and deliver value.
- Track record of leading complex, high-profile initiatives with multiple stakeholders.
- Strong commercial and financial acumen, including contract structures, cost modelling and value tracking.
- Excellent communication skills, with the ability to engage credibly at executive level.
- High levels of personal drive, structure and accountability.
What we offer
At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future.
- As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
- Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
- Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
- Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people.
Head of Technology Commercial & Partnership Management in Scotland employer: M&G
Contact Detail:
M&G Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Technology Commercial & Partnership Management in Scotland
✨Tip Number 1
Network like a pro! Reach out to your connections in the tech industry and let them know you're on the hunt for the Head of Technology Commercial & Partnership Management role. A personal recommendation can go a long way in getting your foot in the door.
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their technology strategy, recent partnerships, and how they align with your experience. This will help you showcase how you can add value right from the get-go.
✨Tip Number 3
Don’t just wait for job postings! Keep an eye on our website and apply directly through it. Sometimes, roles are filled before they even hit the job boards, so being proactive can give you an edge.
✨Tip Number 4
Showcase your leadership skills during interviews. Talk about how you've influenced teams and driven change in previous roles. Remember, they’re looking for someone who can lead and inspire a high-performing team!
We think you need these skills to ace Head of Technology Commercial & Partnership Management in Scotland
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in technology commercial and partnership management. We want to see how your skills align with our mission and the specific requirements of the Head of Technology role.
Showcase Your Leadership Skills: Since this is a senior leadership position, it's crucial to demonstrate your ability to lead teams and influence stakeholders. Share examples of how you've successfully managed complex projects and driven change in previous roles.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to convey your achievements and how they relate to the responsibilities outlined in the job description. We appreciate clarity!
Apply Through Our Website: We encourage you to submit your application through our website for the best chance of being noticed. It’s the easiest way for us to track your application and ensure it gets to the right people!
How to prepare for a job interview at M&G
✨Know Your Stuff
Before the interview, dive deep into the company's technology strategy and recent initiatives. Familiarise yourself with their approach to cloud adoption, digital modernisation, and AI integration. This will not only show your genuine interest but also help you align your experience with their goals.
✨Showcase Your Leadership Skills
As a senior role, they’ll be looking for strong leadership qualities. Prepare examples of how you've led teams through complex projects or influenced stakeholders. Highlight your collaborative style and how you’ve driven change in previous roles.
✨Understand Commercial Acumen
Brush up on your knowledge of commercial governance and risk management frameworks. Be ready to discuss how you've optimised costs and managed supplier relationships in the past. They’ll want to see that you can balance strategic vision with day-to-day operational control.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills in ambiguous situations. Think of scenarios where you had to make tough decisions with incomplete information. Practising these responses will help you demonstrate your structured thinking and decision-making abilities.