Sourcing Manager - Marketing Services

Lloyds Banking Group; City of Edinburgh; Hybrid; GBP 59,000 - 67,000; Full time

Job summary

A leading banking and financial services organization is seeking a Sourcing Manager for Marketing Services. This role involves developing category strategies, managing cross-functional teams, and driving cost-saving initiatives. The ideal candidate has experience in marketing categories and strong negotiation skills. This position offers a hybrid working pattern and various benefits, conducive to a diverse and inclusive workplace.

Benefits

Generous pension

Bonus schemes

Flexible benefits

Wellbeing initiatives

Parental leave

Qualifications

• Experience in Marketing categories such as Media, Creative Agencies, and Market Research.
• Strong ability to manage relationships with internal clients.
• Capability to work independently and manage risks effectively.

Responsibilities

• Develop category strategies considering market conditions and cost optimization.
• Identify cost-saving opportunities aligning with group targets.
• Manage cross-functional sourcing teams, including negotiations and contract management.

Skills

Stakeholder management

Negotiation skills

Risk management

Tools

SAP Ariba

Job description

Job Title: Sourcing Manager - Marketing Services

Location: Bristol, Edinburgh, Halifax, or Birmingham

Salary: £59,850 - £66,500

Hours: Full time

Working Pattern: Hybrid, with at least two days per week in one of the listed office sites.

About this opportunity

Join Lloyds Banking Group during a transformative period. We value our core principles of putting people first, being bold, inclusive, and trusting. This role supports Marketing Services sourcing activities, leading projects with brands and marketing teams to drive strategic change within our agency network.

Responsibilities

• Develop category strategies considering market conditions and cost optimization.
• Identify cost-saving opportunities aligning with group targets.
• Build strong relationships with internal clients.
• Manage cross-functional sourcing teams, including negotiations and contract management.
• Ensure contractual risk mitigation and effective agency governance.
• Maintain compliance with group policies and ensure robust risk management.
• Stay updated on market trends and adjust strategies accordingly.

About us

We are transforming to shape a better future in finance, investing in technology, workplaces, and our colleagues to create an inclusive environment where everyone can thrive.

Requirements

• Experience in Marketing categories such as Media, Creative Agencies, Market Research, Sponsorship.
• Strong stakeholder management and negotiation skills.
• Ability to work independently and manage risks effectively.
• Knowledge of SAP Ariba sourcing and contract modules is desirable.
• Experience in financial services is a plus.

Why work with us

We promote diversity and inclusion, offering benefits like a generous pension, bonus, share schemes, flexible benefits, holiday entitlement, wellbeing initiatives, and parental leave. We are committed to an inclusive culture where everyone can make a difference.