Overview
The Sourcing Business Partner role is a trusted advisor to Nest Invest (NI), collaborating with this part of the business to provide early commercial and procurement advice and identify opportunities to create better value & opportunity for NI. The Sourcing Business Partner will manage and deliver pipelines of procurement activities and collaborate with other business partners across the organisation, ensuring procurement activity is delivered to meet business needs and is compliant with the relevant regulations.
Hybrid Working
- hybrid of office and home working (there will be an expectation to attend the office, as required)
- reduce or vary working hours
- reduce or vary the days worked
- work from home (or a different location)
- work compressed hours
- job share
Organisational Context
The Finance Directorate, led by the Chief Financial Officer and their leadership team, is made up of two distinct teams: Finance and Strategic Sourcing. This role would be responsible for delivering core activity within the Strategic Sourcing Team in support of sourcing & commercial activity carried out on behalf of Nest Invest. Nest Invest was established in 2019 and authorised as an Occupational Pension Scheme (OPS) firm by the FCA in 2020. OPS firms undertake investment management on behalf of a trustee or pension scheme and have the ability to manage more complex investment decisions and tasks in-house.
Key Responsibilities
- Good understanding of Managing Public Money, and compliance with PCR 2015, PA 2023 and legal and regulatory requirements
- Extensive experience of commercial Business Partnering, acting as a trusted partner, providing strong strategic support to internal stakeholders
- Strong understanding of the investment management industry
- Experience in complex, multi-stakeholder environments, preferably financial services or asset management
- Strong commercial evaluation ability (pricing analysis, cost drivers, benchmarking)
