Procurement Management Lead – Strategy Project

Contract and Procurement Management Lead – Location Strategy Project

Leeds, United Kingdom
London, United Kingdom

Location:
Leeds or London

Location Strategy Project (within the Central Operations Directorate)

The Bank has sought to increase its presence across the UK to fully represent the people of the United Kingdom and to reach out to wider pools of talent. The vision for the Location Strategy Project is to help the Bank better deliver its mission and increase the trust and understanding across the whole of the UK. The project will also ensure our property solutions are sustainable for the future and support collaborative working.

We aim to do this in the following ways.

• By growing the Leeds office to 500 people by 2027, through external recruitment and relocation from London; and establishing a permanent office
• Looking at how we use our office space in London and ensuring that the office that is fit for the future and provides a place for all colleagues to be better supported.

The project will deliver a wide range of benefits to the Bank, colleagues and also to the wider community. These include – strengthening the role with the communities we serve through enabling visitor and access and engagement; building the trust and understanding of the work of the Bank outside London; improving retention of staff and opening up opportunities outside London to a wider group of people and reducing future risks to our buildings as well as maintaining the heritage in Threadneedle Street.

Job Description

This is an exciting new opportunity within the Location Strategy Project, supporting the delivery of the procurement and supplier management for the work within Threadneedle Street.

The role will be based in London project team and will focus on ensuring the successful execution procurement and supplier management for the lifecycle of the project. The role will have a dual reporting line into the LSP London team but also into the Bank central procurement division.

The Contract and Procurement Management Lead will be responsible for supporting the successful execution of the procurement for the London build and the management of contracts.

The role will have the following main roles and responsibilities –

• Working with the wider London and procurement team to ensure LSP adheres to the procurement act in all procurements undertaken.
• Lead and manage procurement activities in line with Bank and programme specific objectives, ensuring compliance with relevant policies and regulations.
• Drive the Bank’s Supplier Relationship Management (SRM) programme, fostering collaborative partnerships, monitoring supplier performance, and ensuring continuous improvement across strategic suppliers.
• Support the on-going Cost Management processes, including change control, forecasting, early warnings, and financial reporting, to maintain transparency and control over project budgets.
• Provide proactive risk identification and mitigation strategies, ensuring that supplier and cost risks are highlighted early and addressed effectively.
• Collaborate with internal stakeholders to translate contractual and commercial requirements into practical guidance for the business.
• Deliver timely, detailed, and accurate reporting to support decision-making and demonstrate value for money.
• Work with internal and external stakeholders to ensure legislation and timelines are followed for procurement.
• Work with the wider team to overseeing and maintaining the relationship between a company and its suppliers to ensure maximum value, mitigate risks, and ensure a steady supply of goods and services.
• Building and maintaining strong, collaborative relationships with key suppliers and internal stakeholders to ensure seamless communication and operations.
• Working with suppliers regarding contract performance metrics, management information and any risk/reward mechanisms as part of an agreed measurement approach.

Number of direct reports:0 - due to matrix working

Role Requirements:

• Significant experience of leading strategic sourcing activities in a public-sector organisation.
• Proven experience in procurement, contract management, or commercial roles within…