Procurement Commercial Manager - Technology (12-Month FTC)

Procurement Commercial Manager - Technology (12-Month FTC) role at Bank of England. Base pay range and other remuneration are determined by the Bank and discussed with your recruiter.

Location: Leeds

The Procurement Division

The Procurement Division is responsible for ensuring value-for-money for around £300m of third party spend annually and for compliance with procurement policies and regulations. The sourcing team undertakes 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. The division is organised into three business partnering teams, covering Technology, Property & Notes Production, and Corporate.

Role summary

This role is within the Procurement Division's Sourcing team and offers the opportunity to develop expertise in the procurement profession. It is part of the Technology commercial business partnering team, responsible for procuring IT infrastructure, hardware, software, support, cyber, data, consultancy (professional services), and cloud services.

The Commercial Category Manager is responsible for delivering a pipeline of procurement activity in collaboration with stakeholders and other Procurement colleagues, and for leading projects independently as a Commercial Category Manager. Responsibilities include:

• Developing procurement strategies and identifying routes to market
• Supporting business areas in developing specifications
• Producing tender documents with award criteria, commercial models, and contract terms
• Managing subject matter experts and stakeholders through the full procurement process
• Administering tender periods, clarifications, bidder briefings, and meetings
• Running evaluation processes and leading or supporting commercial evaluations
• Drafting and finalising contracts, addressing risks and policy requirements
• Managing transition from sourcing to contract management with the Contract owner/manager
• Creating and publishing notices for tendering opportunities and contract awards

Other responsibilities include:

• Advising on strategic direction of the category by collaborating across the Bank
• Generating spend data, market insights, supplier reports, and contract performance metrics
• Providing governance support to ensure compliance with management boards and saving targets
• Supporting risk management and development of commercial competencies across the Bank
• Driving sustainability and working with Supplier Management to ensure best-practice contract management
• Providing support to the wider sourcing team during peak tender periods

Number of direct reports: None

Role requirements

Minimum criteria

• Proven track record of managing a complex pipeline of work and delivering innovative commercial solutions
• Experience of end-to-end sourcing for high-value or high-complexity contracts

Essential criteria

• Experience in public sector procurement
• Experience of Public Contract regulations PCR2015 and knowledge of the Procurement Act 2023
• Strong stakeholder management and communication skills
• Knowledge of routes-to-market and contract models
• Excellent organisational, planning, and time-management skills
• Ability to work on multiple projects simultaneously
• Self-motivation and ability to work independently and in a team
• Attention to detail in drafting and reviewing documents
• Ability to translate data into actionable insights
• MCIPS qualification (or working towards)
• Experience with e-procurement systems (e.g., Proactis, Oracle)
• Experience with Corporate/Technology procurements and standard contract forms
• Supplier and/or contract management experience post-award

Desirable

• Experience of e-procurement systems and technology procurements
• Further experience in corporate/technology contracts

Inclusion and working practices

The Bank values diversity, equity and inclusion and is committed to creating an inclusive culture. We support flexible working arrangements and adjustments in the recruitment process where needed. For many roles, work can be carried out from home with a minimum of 40% in the office per month, subject to team needs.

Salary and benefits

Salary for this role in Leeds: £46,320 - £52,110 plus a comprehensive benefits package, including a career-average pension, annual leave, private medical insurance, income protection, and a discretionary performance award.

National Security Vetting

Employment in this role will be subject to National Security Vetting and Bank security checks in line with policy. Details will be provided to the successful applicant in the Privacy Notice.

Application process

Important: Complete the work history and all application questions fully. The assessment process comprises two interview stages. This role closes on 16 September 2025.

Seniority level

Mid-Senior level

Employment type

Contract

Job function

Purchasing and Supply Chain

Industries

Banking and Financial Services

The Bank of England is an equal opportunity employer and welcomes applications from all backgrounds.