Job Description

Excited to grow your career?
Our purpose is to make it easy for people to save and invest for a better future. We are looking for great people to help us on our journey. HL is at an exciting time of its evolution as the UK's leading wealth provider. We have committed a significant investment in transforming the digital platforms, operational efficiency and ultimately improving the client journeys and offerings. We therefore have opportunity for a Senior Procurement Category Manager to join us on a fixed term contract to work with both existing and new suppliers to drive this change. Your personal impact will be working across the business in category management and sourcing to create the value, and then managing the suppliers to ensure the value is secured and new opportunities for costs saving or innovation are exploited.
What you'll be doing
As a Category Manager at Hargreaves Lansdown, you will be responsible for Procurement activities supporting all areas of the defined business area. The role will support critical element of the business transformation, including the full supplier lifecycle management from selection, commercial negotiation, contracting to in life supplier management for the assigned business area, owning the strategy and contact for your Procurement activities. A key part of the role is to deliver the sustainable savings target for the financial year, managing the risk, performance and governance for suppliers and ensuring that all activities align to our ESG plan.

• Category Management - establish and maintain category plans aligned with business and technology strategy to create commercial value, ensure resilience, risk, and meet technology roadmap and demand commitments.

• Sourcing - building on the established category plans to execute the sourcing strategy, lead on end-to-end sourcing activity; including market assessments, complex supplier negotiations and implement contract agreements. This role will negotiate the contract and support onboarding the supplier through a robust due diligence process to ensure the supplier meets the HL standards and policies as well as delivering commercial value, ensuring the savings targets for P&L and strategic spend are met. Structuring the commercial agreements to ensure the contracts deliver through the contract term and protect HL post contract for price rises. Managing the protection of HL brand and driving value from any marketing or publicity throughout the contract term.

• Supplier Management - establishing a robust governance framework to manage the relationship to deliver contract obligations of both parties. Measuring performance and risk, while ensuring commercial value and governance is delivered throughout the contract lifecycle, protecting, and maximising the HL brand.

About you

• Experience working across the business working with senior stakeholders to build category plans, with the ability to establish credibility and drive costs savings, supplier resilience and deliver supplier governance to mitigate risk and deliver performance
• Excellent negotiation and problem-solving skills with experience in leading high value, complex
• Confident to challenge constructively the business areas with new ways of working, technology and processes to secure sustainable savings and value
• Comfortable in coaching and mentoring Contract Managers to ensure the level of commercial value is enhanced to secure greater value across the complete supplier lifecycle
• Innovative by nature, inquisitive with the ability to confidently challenge and influence stakeholders
• Excellent negotiation and problem-solving skills with experience in leading high value, complex negotiations, including outsourcing and offshoring activities
• Good data analytics skills with the ability to understand financial, economic, risk and contractual data and to consolidate into easy-to-read documents and presentations

Advantageous

• Experience working in a technology business, knowledgeable of cloud, AI and automation technology, the benefits, constraint, risks, and issues, able to identify and mitigate through strategy and commercial negotiation
• Knowledge and credibility across various technologies and categorise including Professional Services
• Knowledge of regulatory landscape in a Financial Services environment
• Understanding of EBA Guidelines on Outsourcing

Interview process
This interview process will incorporate competency-based questions and an assessment of your technical knowledge and transferable skills.
Working Schedule
We are looking for Senior Procurement Category Managers to join our team, based in Bristol head office, BS1 5HL. This role is a 12 month FTC, full time, 37.5 hours per week, Monday to Friday. We offer a hybrid flexible working pattern to enable you the option of working from home and coming into the office.
We know that sometimes the 'perfect candidate' doesn't exist, and that people can be put off applying for a job if they don't tick every box. If you're excited about working for us, and have most of the skills or experience we're looking for, please go ahead and apply. You could be just what we need!
Hargreaves Lansdown is an inclusive employer that values diversity in its workforce. We encourage applications from all individuals without regard to race, religion, gender, sexual orientation, national origin, disability or age.

Skills Required