Overview

Professional Services Procurement - Sourcing Manager at Legal & General. We are recruiting for a Sourcing Manager with knowledge and experience of Professional Services. We offer a competitive base salary and a strong benefits package.

Legal & General is a leading UK financial services group and major global investor. Our Group Procurement team launched a 3-year transformation strategy in 2023 and is embedding category management and innovative sourcing strategies to create a Procurement Centre of Excellence. We partner with stakeholders to become a strategic enabler for the business.

A typical working week is two days in an office (Hove or London) and three days at home, with occasional travel to our office in Cardiff and supplier sites.

We are looking for a Sourcing Manager to join the Professional Services team who brings experience and knowledge, can work flexibly, and prioritises engagement and collaboration with L&G colleagues to ensure great business partnering and the best outcomes.

What you'll be doing

• Managing Professional Services procurement/sourcing engagements across Advisory & Consultancy, Change, Digital and Tech Consultancy, Finance and Risk categories
• Lead and conduct Professional Services sourcing activities and negotiations for renewals, in-life negotiations and new supplier engagements, ensuring relevant control and governance requirements are met
• Collaborate with senior stakeholders and cross-functional teams to drive strategic procurement initiatives
• Support monitoring of adherence to established contracts and realisation of savings, collaborating with contract management and supplier relationship management (SRM) teams as required
• Identify and lead opportunities to drive value and improve performance of the supplier base while seeking to reduce cost and risk
• Support the development and implementation of procurement strategies
• Ensure all contracting and commitments to spend are undertaken and governed in compliance with procurement policies and procedures
• Contribute to the continuous improvement of procurement processes and tools
• Provide guidance and support to junior team members
• Participate in the transformation and optimisation of supply spend

Qualifications

• An in-depth knowledge of Professional Services categories and either category management or sourcing execution and using procurement technology
• A good knowledge of contracting principles and associated legal frameworks, understanding of spend categories, financial models, regulatory landscape, and impact on commercial agreements. Working knowledge of Master Services Agreements is essential
• A solid knowledge of tools and techniques to execute strategic sourcing (e.g., RFI and RFP processes, spend analytics, e-RFQ tools, etc.)
• Adaptable, with a willingness to learn, and a drive for continuous improvement

Benefits

• Opportunity to participate in our annual performance-related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Private medical insurance (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. Option to buy and sell holiday
• Competitive family leave
• Electric car scheme with salary sacrifice options
• Discounts on our products and at a range of high street stores and online
• Wellbeing-focused office spaces designed to connect and collaborate

Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. We promote an inclusive culture with opportunities to collaborate with people from diverse backgrounds and experiences. We support flexible working options where possible, including part-time, term-time and job shares.