Group Procurement and Partner Management - Technology

Phoenix Group; City Of London; Hybrid; GBP 75,000 - 95,000; Full time

Job summary

A prominent financial services firm in the UK seeks a Senior Manager to lead sourcing strategies for Technology services, delivering value through cost savings and enhancing brand presence. The role requires a strong background in procurement, strategic sourcing, and supplier management. Competitive salary between £75,000 and £95,000 alongside significant benefits including a substantial bonus and flexible work arrangements.

Benefits

Private medical cover

38 days annual leave

Excellent pension

Career breaks

Income protection

Volunteering days

Qualifications

• Proven track record in procurement and strategic sourcing in the financial services industry.
• Comprehensive knowledge of the Technology supply market and emerging trends.
• Experience in developing procurement strategies and managing supplier relationships.

Responsibilities

• Mentor and support team development in procurement.
• Lead sourcing and selection process for Technology services.
• Negotiate contracts and manage supplier performance.
• Collaborate with stakeholders to align Technology needs.
• Manage risks associated with sourcing activities.
• Drive continuous improvement initiatives.

Skills

Procurement

Strategic sourcing

Negotiation

Team leadership

Stakeholder engagement

Education

Membership of CIPS (Fellow or MCIPS level minimum)

Job description

Overview

Job Type: Permanent

Location: Role could be based in either our Telford, Wythall or Edinburgh offices with time spent working in the office and at home.

Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.

Closing Date: 15th October

Salary and benefits: £75,000 - £95,000 plus an indicative bonus range of 30%-60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.

Recruiter: Tim Singh

Find out more about #LifeAtPhoenix

We’re Phoenix Group, a long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050.

The role

The Senior Manager will play a critical role in supporting the Head of Category to establish and drive the strategic direction of the team. They will be expected to lead, own, and deliver sourcing strategies for a portfolio of complex Technology services, creating value through cost savings, accelerating customer propositions, and enhancing our brand presence.

As an experienced leader, they will bring together deep industry knowledge, a curious and forward-thinking mindset, and a high-performing approach to inspire excellence across the team. Their strong command of procurement tools and strategic sourcing methodologies will be instrumental in navigating a challenging multi-brand landscape and uplifting procurement capability across the function.

They will lead by example; fostering collaboration, championing innovation, and mentoring others to build a culture of continuous improvement. With a clear vision for their categories, they will consistently demonstrate exceptional negotiation skills, commercial acumen, and the ability to unlock optimal value through supplier partnerships and strategic engagement.

Responsibilities

• Team Development: Mentor and support developing a team of procurement professionals fostering a culture of continuous improvement and professional growth.
• Category Strategy Development: Develop and implement strategic procurement plans aligned with category objectives and organisational goals.
• Sourcing project leadership: Leading the sourcing and selection process for Technology services – negotiate contracts and manage supplier performance to achieve cost savings and mitigate risks. This will include the leading of sourcing processes for significant projects across Technology.
• Commercial Negotiation: Negotiating contracts and agreements with Technology suppliers to ensure the most appropriate terms and conditions, such as pricing, service levels, and risk mitigation. Evaluating Technology suppliers and negotiating contracts to optimise costs and ensure alignment with organisational objectives.
• Partnering and Stakeholder Engagement: Collaborating with internal stakeholders to understand and influence their Technology needs. Establish and maintain impactful relationships with key stakeholders and become recognised as a Subject Matter Expert (SME) on Technology. Partner with key stakeholders right across the organisation to understand corporate and local strategies ensuring alignment with the Sourcing strategies.
• Market Knowledge and Insights: Build and maintain up to date knowledge of the third-party market for Technology sub-categories including current and evolving trends and existing and new market entrants. Seek out innovative solutions for the company.
• Risk Management: Proactively identify and mitigate risks associated with sourcing activities across the Technology supply chain. This will include managing regulatory contractual change, ESG standards, supplier risks, contract risks and ensure business continuity.
• Continuous Improvement: Drive continuous improvement initiatives with the Centre of Excellence team and colleagues ensuring that procurement and third-party management best practices and technology is adopted to enhance the efficiency and effectiveness of GPPM.

Qualifications

• Membership of CIPS (Fellow or MCIPS level minimum) or another relevant accreditation.
• Proven track record and demonstrable experience in procurement, strategic sourcing or supply chain management with a focus on the financial services industry.
• Comprehensive knowledge of the Technology supply market and emerging trends.
• Proven track record of developing and implementing successful procurement strategies, driving cost savings and managing supplier relationships.

We want to hire the whole version of you.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.

We’re reviewing applications as they come in, so apply early to avoid missing out.

We’re about #LifeAtPhoenix