Contracts Manager
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Position Overview & Specifications
Location: Sheffield / Hybrid (Office Attendance 2 Days Per Week)
Contract: Permanent
Hours: Full time
Salary: Up to £40,000 depending on experience
‘BBB introduced hybrid-working in 2020 and our colleagues work in our offices an average of 2 days a week, combining the benefits of flexibility, with time together with colleagues. The successful post-holder will need to be based a commutable distance from either our London or Sheffield offices.’
Benefits package:
- 30 days annual leave plus bank holidays, opportunity to buy and sell holiday
- 15% employer pension contribution,
- Performance related bonus
- Flexible working
- Cycle to work scheme, healthcare cash plan and life assurance
- Paid voluntary day, maternity, adoption, and shared parental leave
- Benefits designed to suit your lifestyle - from discounts on retail and socialising, to health and wellbeing, travel, and technology...and plenty more
THE ROLE
We have an exciting opportunity for a Contracts Manager to be responsible for commercial contract reviews and provide general commercial support, working within the wider Commercial Operations team, to business stakeholders. Additionally, you will contribute to the function of the wider Commercial Operations team.
Reporting to the Senior Commercial Manager, your primary responsibility will be reviewing commercial contracts in relation to BBB’s suppliers in accordance with BBB’s supplier management risk statement and appetite; this will include reviewing, interpreting, drafting, amending and negotiating various types of commercial documents, working collaboratively within the Commercial Operations team from a commercial law perspective and supporting the business in the procurement and contract reviews process.
It is essential that you have sound commercial awareness and judgement, with an ability to provide commercially focussed contractual and commercial advice proportionate to the legal, reputational, and operational risks inherent in the task at hand. You will have good technical drafting and negotiating skills, with knowledge of public procurement law being a distinct advantage.
An understanding of different contract structures including frameworks, single service agreements and supplier terms is essential. Familiarity with IT contracts, prior in-house experience and knowledge of data protection, freedom of information law and IT/IP would be highly advantageous.
You will have strong communication and interpersonal skills with the ability to develop and maintain strong professional relationships, as you will work closely with stakeholders at all levels across the business, managing expectations effectively. You will also be comfortable prioritising competing demands, with an ability to work autonomously.
Click here to view the full job description.
ABOUT US
The British Business Bank is a unique and exciting institution. Its mission is to drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses.
Established in 2014, it is a 100% government-owned economic development bank but independently managed.
To deliver its programmes, the Bank works through more than 200 delivery partners such as high street, digital, specialist and challenger banks, venture capital and private debt funds and fintech platforms.
Currently, we employ around 550 people, split between offices in Sheffield and London.
Please note all candidates applying for this role should have the right to work in the U.K.
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
United Kingdom Right to Work & Skilled Worker Visa Guide
Employment in the United Kingdom requires legal Right to Work verified under the Home Office Points-Based Immigration System:
Sponsoring employers must hold an active Home Office A-rated Sponsor License and assign a valid Certificate of Sponsorship (CoS). Role must meet the general minimum salary threshold (£38,700) or occupation going rate.
Continuous employment under Skilled Worker status establishes eligibility for Indefinite Leave to Remain (ILR) after 5 continuous years, leading to British Citizenship.
Candidate Preparation Blueprint: Banking & Lending
Based on transatlantic hiring benchmarks for Contracts Manager roles across British Business Bank's corporate sector, successful applicants typically excel across three core dimensions:
Demonstrated portfolio evidence, architecture/system design case studies, or validated professional certifications directly applicable to Banking & Lending.
STAR method competency responses highlighting cross-functional leadership, conflict resolution, and delivering measurable enterprise ROI under tight timelines.
Total compensation expectation aligned within the benchmarked £40,000 - £40,000 bracket, including retirement vesting and health parity.
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