Cost and Supplier Management Lead

HSBC; Sheffield; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global banking leader seeks a Cost and Supplier Management Lead to drive cost savings across 3rd party expenditures. The successful candidate will develop business cases for cost-saving opportunities, oversee project delivery, and ensure compliance within risk boundaries. Required skills include exceptional problem-solving, strong communication, and advanced analytical abilities. This role is based in Sheffield with a full-time work commitment.

Qualifications

• Operational efficiency and transformation experience with proficiency in Lean problem-solving approaches.
• Experience in managing 3rd party vendor management is essential.

Responsibilities

• Embed yourself within the business understanding 3rd party expenditure and optimisation opportunities.
• Create a pipeline of cost-saving opportunities backed by business cases.
• Compile data sets on 3rd party spend drivers for insights.
• Secure approvals for identified projects with researched business cases.
• Oversee cost reduction projects with procurement and transformation teams.

Skills

Exceptional problem-solving skills

Proven commercial aptitude

Outstanding interpersonal and communication skills

Strong change and project management capabilities

Advanced analytical skills in Microsoft Excel

Job description

If youre looking for a career that will help you stand out join HSBC and fulfil your potential - whether you want a career that could take you to the top or simply take you in an exciting new direction HSBC offers opportunities support and rewards that will take you further.

The Cost & Supplier Management Lead will be instrumental in delivering a global program focused on achieving cost savings across HSBCs 3rd party direct and indirect expenditures. The successful candidate will lead efforts in identifying opportunities designing solutions developing business cases securing approvals and overseeing implementation.

The role will drive a step change in HSBCs 3rd party cost management through a data-driven approach to the delivery of efficiencies using demand process improvement spec optimisation and other levers.

We are currently seeking an experienced professional to join our team in the role of Cost and Supplier Management Lead.

Responsibilities

• Rapidly embed yourself within the business deeply understanding the value generated by our 3rd party expenditure along with opportunities to optimise and any associated risks.
• Create a pipeline of short- and medium-term cost saving opportunities backed by detailed due diligence business case and execution planning.
• Compile rich data sets on 3rd party spend drivers to unlock untapped opportunities through new and novel insights.
• Secure approval to proceed for identified projects leveraging thoroughly researched business cases.
• Oversee / support the delivery of cost reduction projects in close collaboration with business procurement and transformation teams.
• Operate within HSBCs risk and regulatory boundaries to protect the interests of customers and shareholders.

Qualifications

• Exceptional problem-solving skills including Operational efficiency and transformation experience with proficiency in Lean problem‑solving approaches.
• Proven commercial aptitude for identifying high volumes of cost saving / efficiency opportunities.
• Outstanding interpersonal and communication skills with an exceptionally strong work ethic capable of managing up to 50 complex transformation projects per year.
• Strong change and project management capabilities to meet aggressive timeframes with quality results.
• Advanced analytical skills particularly in Microsoft Excel.
• A good understanding of 3rd party contracts and experience in managing 3rd parties vendor management is essential.

Preferred

• Exceptional academic record preferably showing analytical capability is desirable but not essential.
• Career experience in Manufacturing, Financial Services, Operational Consulting or Procurement Consulting is desirable.

This role can be based in Leeds, Sheffield, Chester, Manchester, Birmingham. Ability to commute to Leeds / Sheffield once a week is essential.

Diversity & Inclusion

Being open to different points of view is important for our business and the communities we serve. At HSBC we’re dedicated to creating diverse and inclusive workplaces – no matter their gender, ethnicity, disability, religion, sexual orientation or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long‑term conditions or neurodivergent candidates who meet the minimum criteria for the role.

Key Skills

Project / Program Management, Change Management, Succession Planning, Procurement, Program Management, ISO 9001, Lean Six Sigma, Quality Systems, Quality Management, Supplier Management, HACCP, AS9100

Employment Details

Employment Type: Full Time

Experience: years

Vacancy: 1