Senior Sourcing Manager M&A and Projects

Lloyds Banking Group; Halifax; Hybrid; GBP 76,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Sourcing Manager to lead sourcing processes and negotiations within the M&A environment. This role offers a competitive salary and a hybrid working model, allowing you to balance your professional and personal life. You will play a vital role in strategic sourcing initiatives, working closely with senior stakeholders to drive value and mitigate risks. Join a purpose-driven organization committed to diversity and inclusion, where you can make a significant impact in the financial services sector. If you are passionate about sourcing and looking for a rewarding opportunity, this could be the perfect role for you.

Benefits

Generous Pension

Bonuses

Share Schemes

Flexible Benefits

30 Days Holiday

Wellbeing Programs

Parental Leave

Qualifications

• Experience in sourcing processes and negotiations.
• Strong data-driven decision-making skills.

Responsibilities

• Lead sourcing processes and contract negotiations.
• Build partnerships with senior stakeholders.

Skills

Sourcing Processes

Contract Negotiations

Supplier Management

Data Analysis

Stakeholder Influence

Job description

End Date: Thursday 22 May 2025

Salary Range: £76,194 - £89,640

Support for flexible working: Click here for more information on flexible working options

Flexible Working Options: Hybrid Working, Job Share

Job Description Summary

We are seeking a Senior Sourcing Manager – M&A and Projects to join our team. The role offers a salary of £76,100 to £106,400 per annum, depending on location and experience, along with a comprehensive benefits package.

Location and Hours

Locations include Bristol, Halifax, Leeds, London, Edinburgh, Birmingham. The role is full-time, 35 hours per week, with a hybrid working pattern involving at least two days per week at the listed hubs.

About Lloyds Banking Group

We are committed to evolving with the modern Britain we serve, investing in our people, data, and technology to meet the changing needs of our 26 million customers. Join us to be part of our journey of growth and innovation.

Team and Opportunities

The Consumer Products Sourcing Team within Consumer, Professional Services & Special Projects (C, PS & SP) is on an exciting growth path. You will play a key role in supporting third-party activities related to the group’s M&A/divestment activities, including recent acquisitions like MBNA, Embark, and Tusker. This is an excellent opportunity to contribute to strategic sourcing initiatives and organizational growth.

Role Responsibilities

• Lead sourcing processes, including contract negotiations and supplier selection to leverage economies of scale.
• Build strong partnerships with senior stakeholders, influencing business priorities.
• Understand third-party implications within M&A environments and conduct due diligence.
• Analyze data, prepare proposals, and influence senior stakeholders.
• Identify best practices and respond to environmental changes to secure value.
• Ensure contractual risk mitigation and track financial benefits against targets.
• Drive the vision of Group Sourcing and Supplier Management.

Preferred Experience

• Experience in sourcing processes, negotiations, and supplier management.
• Knowledge of M&A third-party considerations.
• Data-driven decision-making experience.
• Experience in Financial Services is advantageous.

Our Commitment

We promote diversity and inclusion, offering a range of benefits including a generous pension, bonuses, share schemes, flexible benefits, 30 days holiday, wellbeing programs, and parental leave. We encourage applications from under-represented groups and are disability confident.

Join Us

If you are excited about this opportunity, we would love to hear from you. Be part of our purpose-driven organization to help Britain prosper, making a real difference in the financial services sector and beyond.