Procurement Commercial Manager

Location: Leeds

Not the right procurement role for you? We have a number of other procurement roles currently available at the Bank. Check out the following opportunities on our vacancy page:

• Procurement Commercial Manager - Technology (12-Month FTC)
• Procurement Commercial Manager - Corporate (Permanent)

The Procurement Division

The Procurement Division is responsible for ensuring value-for-money for the Bank for approximately £300m of third party spend annually; and compliance with procurement policies and regulations when the Bank purchases goods, services and works. The sourcing team is responsible for undertaking the end-to-end procurement process across a broad range of categories to support all parts of the Bank, implementing category strategies and managing the future sourcing timeline; and is broadly organised into three business partnering teams, covering Technology, Property & Notes Production, and Corporate.

Job Description

We are seeking a Commercial Category Manager on an 18-month fixed-term contract:

• This role (953) will support the Facilities Management (FM) and Property Commercial Business Partnering team, focusing on facilities management, construction & refurbishment works and related services, utilities, logistics and market research. 

Key Responsibilities 

The delivery of a pipeline of procurement activity, in collaboration with stakeholders within the Bank and other Procurement colleagues. Activities include supporting the Commercial Business Partners, as well as leading on projects independently as a Commercial Category Manager. This includes:

• Developing procurement strategies and identifying routes to market
• Supporting business areas in developing specifications
• Producing tender documents including developing detailed award criteria, commercial models and selecting appropriate contract terms
• Managing the subject matter experts/stakeholders/commercial analysts through the full procurement process, advising, training on evaluations, managing conflict and communication
• Coordinating the tender period including managing clarifications, coordinating bidder briefings and meetings
• Running the evaluation process including supporting scoring moderation meetings and undertaking commercial evaluations
• Drafting and finalising contracts ensuring relevant risks and policies are addressed
• Managing the transition from sourcing to contract management of the live contract with the Contract owner/manager
• Crafting, reviewing, amending, managing approval, and publishing of notices for tendering opportunities and contract awards

Other responsibilities include:

• Advising on the strategic direction of the FM and Property category, by collaborating closely with internal colleagues to understand business area strategies and long-term requirements
• Generating and analysing essential spend data, market insights, supplier reports and contract performance metrics to support business areas
• Providing governance support to ensure compliance with the directions of the Commercial Oversight Group and other management boards
• Liaising with professionals in Finance, Environment, Social and Governance, Technology, Cyber, Legal and other areas, aligning with savings targets and environmental measures, amongst other interactions
• Supporting effective risk management by implementing risk controls to drive compliance to policy
• Supporting the improvement of commercial proficiencies throughout the Bank, through consistent engagement and training
• Driving sustainability in the category, by notably working closely with Subject Matter Specialists
• Working with the Supplier Management team to ensure supplier and contract management best practice is implemented in line with the Bank’s framework

Number of direct reports: None

Role Requirements:

Minimum Criteria

• Proven track record of managing a complex pipeline of work, delivering innovative commercial solutions through the application of strategic sourcing techniques and use of relevant systems and contracts
• Experience of the end-to-end sourcing process for high value and/or high complexity contracts

Essential Criteria

• Experience of working in procurement in the public sector.
• Experience of the Public Contract regulations PCR2015; and knowledge of the Procurement Act 2023
• Strong stakeholder management skills and assertiveness, with ability to challenge
• Strong communication skills, ability to build rapport and constructive relationships
• Knowledge and experience of a range of routes-to-market and contract models
• Excellent organisational, planning and time management skills
• Ability to work on multiple projects simultaneously
• Self-motivation, with the ability to work both on your own initiative and as part of a team
• Attention to detail when drafting and reviewing documents 
• Capability to translate data into meaningful insights for appropriate audiences and presenting outcomes to those audiences.
• MCIPS qualification (or working towards)

Desirable Criteria

• Experience of e-procurement systems (for example Proactis, Oracle).
• Experience of Facilities Management or Construction procurements and knowledge of industry standard forms of contract such as NEC or JCT.
• Supplier and/or contract management expertise (post-contract award).

Our Approach to Inclusion

The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve. 

At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public.

We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed.

For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month.  Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders.

Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.

Salary and Benefits Information

We encourage flexible working, part time working and job share arrangements.  Part time salary and benefits will be on a pro-rated basis as appropriate.

We offer a salary as follows:

Leeds circa £46,320 - £52,110 

In addition, we also offer a comprehensive benefits package as detailed below:

• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.   
• 26 days’ annual leave with option to buy up to 12 additional days through flexible benefits. 
• Private medical insurance and income protection.

National Security Vetting Process

Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy.  Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice.

The Bank of England welcomes applications from all candidates, but as a UK Visas and Immigration (UKVI) approved sponsor, we have a responsibility to comply with the Immigration Rules and guidance.  As such, our ability to employ individuals who require sponsorship for immigration purposes is limited.  The Bank cannot guarantee that you and / or the role you are applying for will be eligible for sponsorship and that any application made to UKVI will be successful.  Eligibility will therefore be considered on a case by case basis.

The Application Process

Important: Please ensure that you complete the ‘work history’ section and answer ALL the application questions fully. All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information, including your CV, when reviewing your application details at the screening stage. It’s therefore really important that you fill out the work history and application form questions, as your answers will form a critical part of the initial selection process.

This role closes on 16th September.

The assessment process will comprise of two stages. 

Please apply online, ensuring that you complete your work history and answer ALL the application questions fully and in detail as your application will not be considered if all mandatory questions are not fully completed.

Base Salary: Leeds: £46,320 - £52,110