Manager Sourcing - IT (Procurement)
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Position Overview & Specifications
Agile Working Options Hybrid Working Job Description Summary At Lloyds Banking Group, we’re driven by a clear purpose - to help Britain prosper. Across the Group, our colleagues are passionate about making a difference to customers, businesses and communities. We now have an exciting opportunity for Sourcing Manager to join our Sourcing team here at Lloyds Banking Group. Job Description As a sourcing manager, you'll lead delivery of sourcing category strategies and projects and aligned supplier management activities. You'll build positive relationships with partners to influence business priorities and understand future trends and requirements. You'll manage all activities in line with all relevant Group policies and within Group risk appetite. Responsibilities:
- Operating as a member of the technology sourcing team, you'll be reporting to a Senior Sourcing Manager together with a team of experienced technology sourcing professionals, contributing to the ongoing development of the vision and purpose, supporting the continued advancement of the function
- Supporting our group colleagues with their commercial needs through the delivery of great sourcing (procurement) strategies to meet their technology goals
- As an inspiring leader, providing coaching, mentoring and support to your colleagues to help them work towards their goals and to develop as individuals
- Developing and nurturing critical relationships with key partners, driving commercial thinking by challenging what we have always done in order to deliver greater commercial value for the organisation
- Maintaining and effective and up to date understanding of the technology supply market, looking after critical supplier relationships to seek early access to new and innovative product developments, allowing you to build and deliver sourcing strategies to support the Group's technology transformation
- Being results orientated, commercially minded technology sourcing manager who is able to demonstrate a track record of success in fast paced, dynamic business environments; with evidence of enabling cloud transformation at scale in a dynamic sourcing environment, this will be the ideal opportunity for you to continue your personal and professional development
- Deep technology sourcing expertise with a specific depth of knowledge and experience of IT services, software, and technology categories (essential).
- Experience in developing and owning category plans and strategies and supporting business areas on sophisticated sourcing projects within dynamic environments.
- Ability to articulate, influence and translate strategic objectives from business clients into outstanding sourcing strategies, approaches, and delivery
- Success in development of relationships with critical IT partners and evidence of operating as a trusted and valued business partner
- An upbeat, resilient, and adaptable style, with evidence of success in constantly evolving environment
- A Discretionary Performance Share Award
- Generous pension contribution
- 30 Days leave plus bank holidays
- A flexible cash pot (4% of base salary) to spend on benefits
- Private health cover
- Access to Share Schemes
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 Manager Sourcing - IT (Procurement) roles across Lloyds Banking Group'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 £52,245 - £58,050 bracket, including retirement vesting and health parity.
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