Sourcing Manager and Assistant Sourcing Manager

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Job Description Summary

Job Description

Job Title Sourcing Manager and Assistant Sourcing Manager
Salary: £39,825 - £66,500
Location: Edinburgh, Bristol, Birmingham or Halifax
Hours: Full-time
Working Pattern: Our work style is hybrid, which involves spending at least two days per week currently, or 40% of our time, at one of the above locations.

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!

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 be trusted to drive value, protect quality, and help strengthen a resilient supply base. All activity is delivered in line with Group policies and risk frameworks.

In Group Sourcing and Supplier Management (GS&SM), we play a pivotal role in delivering our vision by working closely with our supplier network to deliver value at pace and scale. It's a phenomenal time of change and transformation within the Group, and the GS&SM teams are at the heart of that change.

What You’ll Do:

• As a key member of the Management Consultancy Sourcing team, you’ll play a central role in delivering high profile consultancy engagements and ensuring our business partners receive outstanding sourcing support.

• You’ll 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 within 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.

• Ongoing engagement with strategic 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.

• You’ll navigate established policies and procedures to find solutions, resolve queries, and ensure that internal customers receive timely, value adding sourcing support.

• As a Sourcing Manager, you’ll 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 enhance team capability and performance.

What you’ll need
 

Below are the key skills we’re seeking – while preferred, they are not strict prerequisites, especially for the Assistant Sourcing Manager role:
 

• Sourcing Expertise: Proven ability to manage end-to-end sourcing activities and lead commercial negotiations.

• Delivery at Pace: Comfortable working in a high-volume, fast-moving environment, managing multiple projects simultaneously to achieve results.

• 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 in managing and delivering outcomes for a portfolio of contracts, coordinating activities related to major contracts within established procurement procedures and risk management systems.

• Market Insight: The ability to maintain an up-to-date understanding of the consultancy supply market as well as developing an understanding of the wider influences on that market including technology.

• Personal Growth: A willingness to grow your capabilities by pursuing and investing in personal development opportunities.

• Technical Skills: Proficiency in using procurement systems and tools to manage sourcing activities effectively.

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 is why we especially welcome applications from under-represented groups.

We're disability confident. So, if you would 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 performance-related bonus

• 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

Ready for a career where you can have a positive impact as you learn, grow, and thrive? Apply today and find out more.

Join our journey!

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 confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.