Enable job alerts via email!

Complex Procurement Lead (23 month FTC)

Bank of England

Leeds

On-site

GBP 60,000 - 68,000

Full time

Today

Be an early applicant

Boost your interview chances

Create a job specific, tailored resume for higher success rate.

Job summary

An established industry player is seeking a Complex Procurement Lead for a 23-month fixed-term contract. This role involves leading strategic procurements within the Procurement Division, focusing on technology and corporate projects that have significant public policy implications. You will be part of a dynamic team, ensuring value for money and compliance across a £300m spend portfolio. The ideal candidate will possess strong stakeholder management and communication skills, with a background in public-sector procurement. Join this innovative firm to make a meaningful impact in a fast-paced environment!

Benefits

Career Average Pension

Discretionary Performance Award

8% Benefits Allowance

26 Days Annual Leave

Private Medical Insurance

Income Protection

Qualifications

Experience in drafting complex tendering processes.
Leading strategic sourcing in public-sector organizations.
Knowledgeable of procurement regulations.

Responsibilities

Lead strategic procurements for technology and corporate projects.
Manage procurement activities in a fast-paced environment.
Ensure compliance with procurement policies and regulations.

Skills

Stakeholder Management

Communication Skills

Tendering Processes

Strategic Sourcing

Public Sector Procurement

Negotiation Skills

Education

MCIPS Qualification

Join to apply for the Complex Procurement Lead (23 month FTC) role at Bank of England

3 weeks ago Be among the first 25 applicants

Join to apply for the Complex Procurement Lead (23 month FTC) role at Bank of England

Get AI-powered advice on this job and more exclusive features.

This range is provided by Bank of England. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

The Procurement Division

The Procurement Division is responsible for ensuring value-for-money for the Bank for approximately £300m of third party spend annually; and compliance with procurement policies and regulations when the Bank purchases goods, services and works. The sourcing team is responsible for undertaking the end-to-end procurement process across a broad range of categories to support all parts of the Bank, implementing category strategies and managing the future sourcing timeline; and is broadly organised into three business partnering teams, covering Technology, Property & Notes Production, and Corporate.

Job Description

This role of Complex Procurement Lead is within the Procurement Division's Sourcing team but will have a dotted line into the business area. The role will support and follow a matrix-style of management.

We are recruiting for two roles on a 23 month fixed term basis:

One role will be part of the Central Bank Digital Currency team. This is a great opportunity for an experienced, enthusiastic and motivated professional to work on a project with significant public policy implications and a high level of public interest. The Digital Pound project is fast-moving and complex. You will be leading on a number of strategic procurements to support the team across the technology and corporate space.
The other will be part of the Bank's Payments Directorate., It operates the Real-Time Gross Settlement (RTGS) service and CHAPS, the wholesale payment service, settling over £775 billion each day across this critical national infrastructure. It is currently in the process of undergoing an exciting and transformational renewal, enhancing not just resilience but also promoting competition and innovation. It is leading policy work to understand the future demand for payments and international efforts to enhance cross-border payments and services across the financial sector. Because of the variety and immediacy of the work done, Payments Directorate is one of the most outward-facing and fast-moving areas of the Bank. The Directorate Vision is "We harness central bank money to make sterling payments work for everyone and shape the payments infrastructure of tomorrow". Your role will involve a mix of work preparing for and undertaking any procurement activities required across a broad range of topics the team engages with in a fast paced and varied environment. These requirements are predicted to fall under the payments, networks and broader technology category.

Number of direct reports: 0

Knowledge, Skills and Experience Required

Experience of drafting complex and multi-stage tendering processes - clearly and succinctly.
Significant experience of leading strategic sourcing activities in a public-sector organisation
Experienced and knowledgeable of existing procurement regulations and aware of the implications of the new procurement regulations
Experience of working in a client-focused environment on whole project lifecycles
Excellent stakeholder management skills and assertiveness, with ability to challenge
Strong communication skills, ability to build rapport and constructive relationships
Excellent written and oral communications skills, with the ability to present and communicate clearly and succinctly at all levels
Self-motivation, with the ability to work both on your own initiative and as part of a team
It would be advantageous to be MCIPS qualified, and have experience of programme management in the context of public-sector procurement
Experience of operating tenders that involve negotiation / dialogue with tenderers before their best and final bids are submitted.

The Procurement Division

Job Description

We are recruiting for two roles on a 23 month fixed term basis:

One role will be part of the Central Bank Digital Currency team. This is a great opportunity for an experienced, enthusiastic and motivated professional to work on a project with significant public policy implications and a high level of public interest. The Digital Pound project is fast-moving and complex. You will be leading on a number of strategic procurements to support the team across the technology and corporate space.

The other will be part of the Bank's Payments Directorate., It operates the Real-Time Gross Settlement (RTGS) service and CHAPS, the wholesale payment service, settling over £775 billion each day across this critical national infrastructure. It is currently in the process of undergoing an exciting and transformational renewal, enhancing not just resilience but also promoting competition and innovation. It is leading policy work to understand the future demand for payments and international efforts to enhance cross-border payments and services across the financial sector. Because of the variety and immediacy of the work done, Payments Directorate is one of the most outward-facing and fast-moving areas of the Bank. The Directorate Vision is "We harness central bank money to make sterling payments work for everyone and shape the payments infrastructure of tomorrow". Your role will involve a mix of work preparing for and undertaking any procurement activities required across a broad range of topics the team engages with in a fast paced and varied environment. These requirements are predicted to fall under the payments, networks and broader technology category.

Number of direct reports: 0

Knowledge, Skills and Experience Required

Minimum Criteria:

Experience of drafting complex and multi-stage tendering processes - clearly and succinctly.
Significant experience of leading strategic sourcing activities in a public-sector organisation
Experienced and knowledgeable of existing procurement regulations and aware of the implications of the new procurement regulations
Experience of working in a client-focused environment on whole project lifecycles

Essential Criteria:

Excellent stakeholder management skills and assertiveness, with ability to challenge
Strong communication skills, ability to build rapport and constructive relationships
Excellent written and oral communications skills, with the ability to present and communicate clearly and succinctly at all levels
Self-motivation, with the ability to work both on your own initiative and as part of a team

Desirable Criteria:

It would be advantageous to be MCIPS qualified, and have experience of programme management in the context of public-sector procurement
Experience of operating tenders that involve negotiation / dialogue with tenderers before their best and final bids are submitted.

Our Approach to Inclusion
The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.

At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it's by drawing on different perspectives and experiences that we'll continue to make the best decisions for the public.

We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed.

For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders.

Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the 'Candidate Personal Information' under the 'Disability Confident Scheme' section of the application.

Salary and Benefits Information
We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate.

Salary bandings as follows:

Leeds circa £60,720 - £68,000
London circa £67,440 - £75,000

In addition, we also offer a comprehensive benefits package as detailed below:

Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year. The Bank has the discretion to vary standard accrual rates and dial up and dial down rates at any time and to withdraw dial up and dial down options at any time.
A discretionary performance award based on a current award pool.
A 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
26 days' annual leave with option to buy up to 12 additional days through flexible benefits.
Private medical insurance and income protection.

National Security Vetting Process
Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice.

The Bank of England welcomes applications from all candidates, but as a UK Visas and Immigration (UKVI) approved sponsor, we have a responsibility to comply with the Immigration Rules and guidance. As such, our ability to employ individuals who require sponsorship for immigration purposes is limited. The Bank cannot guarantee that you and / or the role you are applying for will be eligible for sponsorship and that any application made to UKVI will be successful. Eligibility will therefore be considered on a case by case basis.

The Application Process
Important: Please ensure that you complete the 'work history' section and answer ALL the application questions fully. All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information, including your CV, when reviewing your application details at the screening stage. It's therefore really important that you fill out the work history and application form questions, as your answers will form a critical part of the initial selection process.

The assessment process will comprise of two interview stages.

This role closes on 16 March 2025.

Please apply online, ensuring that you complete your work history and answer ALL the application questions fully and in detail as your application will not be considered if all mandatory questions are not fully completed.

Desired Skills and Experience

Experience of drafting complex and multi-stage tendering processes - clearly and succinctly.
Significant experience of leading strategic sourcing activities in a public-sector organisation
Experienced and knowledgeable of existing procurement regulations and aware of the implications of the new procurement regulations
Experience of working in a client-focused environment on whole project lifecycles

Seniority level

Seniority level
Mid-Senior level

Employment type

Employment type
Temporary

Job function

Job function
Purchasing

Referrals increase your chances of interviewing at Bank of England by 2x

Leeds, England, United Kingdom 5 days ago

Leeds, England, United Kingdom 7 hours ago

Complex Procurement Lead, Procurement Division (23 month FTC)