Sourcing Manager - People & HR Services

lloyds banking group; Bristol; Hybrid; GBP 59,000 - 67,000; Full time

Job summary

A leading banking institution is looking for a Sourcing Manager to lead sourcing activities for HR services. The role requires strong negotiation and commercial skills, with a focus on optimizing supplier relationships. This position offers a hybrid working model and a range of benefits including a pension contribution and annual bonus.

Benefits

Generous pension contribution

Annual bonus

Share schemes including free shares

30 days’ holiday

Wellbeing initiatives

Qualifications

• Strong commercial awareness including financial analysis is essential.
• Proven negotiation skills in a supplier setting are required.
• Candidates should demonstrate strong organisation and communication skills.

Responsibilities

• Contribute to the development of category strategies.
• Supervise initiatives that drive effective spend management.
• Collaborate with colleagues and third-party suppliers.

Skills

Commercial awareness

Negotiation skills

Organisation skills

Communication skills

Leadership

Teamwork

Sourcing background

Job description

Overview

End Date: Tuesday 23 September 2025

Salary Range: £59,850 - £66,500

Flexible Working Options: Hybrid Working, Job Share

Location(s): Edinburgh or Bristol

Hours: Full time

Working pattern: Hybrid, 40% (or two days) in an office site

About this opportunity

An exciting opportunity within the People & HR Services Sourcing Team has arisen! As a Sourcing manager you\'ll take the lead and provide support for various sourcing related activities that are specific to the People & HR Services Sourcing category. This role predominantly supports People & Places (P&P), although the Team occasionally gains exposure to other areas of the group as well.

You\'ll be working with Stakeholders to source new 3rd party solutions for a range of services as well as optimising, renegotiating or re-tendering services provided by existing suppliers. Within this team, the services cover a variety of activities including Permanent Resourcing, Health & Wellbeing, Reward & Recognition, Learning, Leadership & Development, and outsourced Operations.

This is a great opportunity to be involved in sourcing services which have an important impact both on our Colleagues and their families. Each week will be different in this role, and it is a great opportunity to learn more about our wider business as we communicate with business leads across the entirety of P&P. It is also very exciting, as our internal customers look to the People & HR Services Sourcing Team to bring not only their sourcing expertise, but a perspective on the optimising of solutions and performance measures.

We actively encourage and support personal development to enable each member of the Team to become a trusted adviser, providing the business with an end-to-end Sourcing service.

Responsibilities

• You\'ll contribute to the development of category strategies, delivering specific initiatives to drive the effective supply of services to LBG and management of the cost base
• You\’ll supervise initiatives with Stakeholders that drive effective spend management through demand management, simplifying specifications and achieving great business outcomes
• You\’ll work collaboratively with Colleagues, internal partners and third-party suppliers to optimally run all aspects of the sourcing lifecycle ensuring the best value in support of LBG’s strategic vision
• You\’ll lead or support Sourcing activities across the category and create market competition to generate the best possible commercial outcomes as well as bringing innovation to the business
• You\’ll develop strong working relationships across senior stakeholder communities

About us

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What you\'ll need

• Strong Commercial awareness, including financial analysis
• Strong, proven negotiation skills – preferably in a supplier setting
• Strong organisation, communication, facilitation and influencing skills
• Leadership: working with colleagues and other senior stakeholders
• Teamwork and Collaboration
• Demonstrable sourcing, financial and I.T. background. Candidates with other key attributes detailed in the desirable skills experience and qualifications section below may also be considered

About working for us

Our focus is to ensure we\'re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.

We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

And it}\’s why we especially welcome applications from under-represented groups.

We\’re disability confident. So, if you\’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual bonus award, subject to Group performance
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.

At Lloyds Banking Group, we\'re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you\'ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you\'ll have many opportunities to learn, grow and develop.

We keep your data safe. So, we\'ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We\'ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We\'re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we\’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.