Sourcing Manager - Marketing Services

Job Title: Sourcing Manager (Marketing Services)
Location: Bristol, Edinburgh, Halifax or Birmingham
Salary: £57,546 - £63,940
Hours:  Full time
Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, in one of our office sites, as listing above.

About us

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you!

About this opportunity

It's a phenomenal time of change and transformation within the Group and the GS&SM teams are at the heart of that change. We have a strong culture and set of values where we look to live the core values of putting people first, being bold, being inclusive and trusting each other all whilst championing sustainability in all that we do.

This particular role will be supporting Marketing Services sourcing activity within Lloyds Banking Group. You'll lead sourcing projects with the brands, marketing, experience teams (BMX) focused on driving strategic change innovation within our agency network.

You'll contribute to the development of category strategies, delivering specific sourcing initiatives to drive the effective supply of services to LBG and management of the cost base, supporting the BMX community with their transformation plans.

What you’ll do

• Inputting into category and sub-category strategies reflecting external market conditions whilst optimising the cost of ownership to deliver sustainable strategic direction for the business

• Delivering opportunities that drive down cost and deliver value for goods and/or services through the identification of cost saving initiatives in line with the Group’s targets and objectives

• Developing effective relationships with key internal customers.

• Leading cross functional teams through the sourcing process, leveraging economies of scale through robust contract negotiations, agency selection and management of the commercial aspects of the 3rd party agency relationships

• Applying knowledge of contractual terms and conditions ensuring appropriate risk mitigation embedded into supply contracts to provide high quality services to the Group

• Working collaboratively with the agency management teams to develop and implement the appropriate agency governance structure ensuring effective contract handover

• Undertaking all activities in line with all relevant Group policies and within Group risk appetite, ensuring compliance to all policies, procedures and systems providing an efficient and auditable sourcing trail that will ensure robust risk management.

• Maintaining an up-to-date awareness of own specialist area and market dynamics, taking action accordingly to ensure the best contracts are in place to meet customer needs.

What you'll need

• Solid background and experience within Marketing Categories (Media, Creative Agencies, Market Research, Sponsorship) is essential.

• Strong internal and external stakeholder management skills, including face-to-face with marketing agencies

• Strong negotiation skills are essential.

• Ability to work without supervision while providing technical guidance when required on managing projects and/or programmes within desired cost, time, and quality parameters.

• Ability to identify, assess, prioritise, and manage risks in a production process without supervision and provide technical guidance when required.

• Working knowledge of SAP Ariba sourcing and contract modules is highly desirable.

• Financial Services background is desirable.

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 our people to 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. And it’s why we especially welcome applications from under-represented groups.

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%

• An annual bonus award, subject to Group performance

• Share schemes including free shares

• Benefits you can adapt to your lifestyle, such as discounted shopping

• 30 days’ holiday, with bank holidays on top (pro-rata)

• A range of wellbeing initiatives and generous parental leave policies 

If you’re excited at the thought of becoming part of our team, please apply today!