Commercial Lead - Contract New London
Posted 1 day 3 hours ago by Pay.UK Limited
Commercial Lead, Contractor, London (Duration TBC)
If you have significant experience in effectively negotiating complex contracts that are high profile and of substantial value at both pre and post signature stages, this assignment may well give you a remarkable opportunity to test your capabilities to the full - we are looking for a Commercial Lead who can provide expert advice and manage the execution of commercial activities in respect of extending Pay.UK's legacy central infrastructure contracts and associated commercial deals.
Service Requirements
Commercial and Supplier Management- Direct the engagement, governance, and effectiveness with our key suppliers.
- Oversee the management of complex supplier contracts, operational and strategic reviews and negotiations, putting in place effective improvement action plans to address performance issues and internal controls as appropriate.
- Ensure that risks identified are actioned, addressed to a satisfactory level and closed in relevant databases and reporting.
- Oversee commercial management and projects (e.g. continuous improvement, innovation led initiatives, supply chain collaboration, etc.).
- Input into annual strategic plans in liaison with the Procurement Director, overseeing the commercial management of key suppliers.
- Facilitate the process for Pay.UK to exit strategic services and manage the subsequent migration to new infrastructure. Provide SME for dispute resolution as required.
- Support the wider procurement team to deliver a robust category planning approach which will define the team pipeline of projects with the opportunity clearly identified.
- Support the wider procurement team to deliver strategic sourcing goals utilising a range of procurement techniques.
- Provide SME on managing risk and compliance through effective project, contract, demand and supplier performance management and oversee/support on any contractual change management requirements.
- Identify emerging risks and issues in relation to adequacy and effectiveness of existing controls relating to procurement business processes and technology.
- Ensure consistent approaches to change across contract and functional areas.
At Pay.UK, we value diversity and inclusivity. We encourage all qualified candidates to apply, regardless of how closely their skills and experience match the requirements. We are committed to supporting accessibility needs and creating a welcoming environment for all employees.
About Us
Pay.UK maintains and develops the UK retail payment systems and standards that are core to the economy being able to function on a day-to-day basis.
From Bacs to Faster Payments and cheques - we act as the single operator for all UK retail payments. We put the needs of consumers and businesses at the heart of everything we do, working in the public interest to ensure that the systems the country relies on for its banking transactions are safe, open, innovative and resilient.
Our payment systems underpin the services that enable funds to be transferred between people and institutions. In 2023, the UK's retail payment systems processed 11.4 billion transactions worth £9.3 trillion through Bacs Direct Credit, Direct Debit, Faster Payments, and cheques.
Benefits & Additional Information
- 12% Non-contributory pension
- Discretionary annual bonus
- 30 days annual leave (excluding bank holidays)
- Employee assistance programme
- Cycle to Work Scheme
- Season ticket loan
- Annual fitness subsidy of up to £500 per annum
- Working from home policy - minimum 40% in the office (e.g. 2 days in the office over a 5 day working week)