AMS PSR

On behalf of the Bank of England, we are looking for a Commercial Business Partner (Procurement) - (Inside IR35) for a 6 month contract  working on a hybrid basis and with an expectation of 2 days per week in the London office

The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.

The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.

The Procurement Division is responsible for ensuring value-for-money for the Bank for approximately £300m of third party spend annually; and compliance with procurement policies and regulations when the Bank purchases goods, services and works. The sourcing team is responsible for undertaking the end-to-end procurement process across a broad range of categories to support all parts of the Bank, implementing category strategies and managing the future sourcing timeline; and is broadly organised into three business partnering teams, covering Technology, Property & Notes Production, and Corporate.

Job Summary: 

The Bank of England is seeking a highly skilled and experienced Public Sector Procurement Specialist to lead the tender process for a managed IP telephony system. The successful candidate will be responsible for managing the entire procurement lifecycle, ensuring compliance with public sector regulations, and delivering a cost-effective and high-quality telephony solution. This could be via one procurement or a series of smaller strategic procurements.

As a Commercial Business Partner (Procurement) - (Inside IR35), your main responsibilities will be:

Market Analysis: Conduct market research to identify potential vendors with expertise in Teams Telephony and managed services. Analyse market trends and best practices to inform the tender process.

Tender Preparation: Develop a comprehensive tender pack outlining the requirements for the managed IP telephony system, call plans, call recording and meeting room support. Define evaluation criteria and scoring methodology for the procurement process.

Tender Management: Lead the end-to-end tender process for a managed IP telephony system, including preparation, publication, evaluation, and award, in accordance with the Bank's procurement policies and the relevant Procurement regulations (either Procurement Act 2023, or Public Contracts Regulations 2015, depending on route to market).

Stakeholder Engagement: Collaborate with internal stakeholders to understand requirements, develop specifications, and ensure alignment with organisational goals.

Supplier Management: Identify, evaluate, and negotiate with potential suppliers to secure the best value for the Bank.

Risk Management: Identify and mitigate risks associated with the procurement process.

Reporting: Provide regular updates and reports to senior management on the progress of the tender process.

Other responsibilities include:

Advising on the strategic direction of the technology category, by collaborating closely with internal colleagues to understand business area strategies and long-term requirements

Generating and analysing essential spend data, market insights, supplier reports and contract performance metrics to support business areas

Providing governance support to ensure compliance with the directions of the Commercial Oversight Group and other management boards

Liaising with professionals in Finance, Environment, Social and Governance, Technology, Cyber, Legal and other areas, aligning with savings targets and environmental measures, amongst other interactions

Supporting effective risk management by implementing risk controls to drive compliance to policy

Supporting the improvement of commercial proficiencies throughout the Bank, through consistent engagement and training

Driving sustainability in the category, by notably working closely with Subject Matter Specialists

Working with the Supplier Management team to ensure supplier and contract management best practice is implemented in line with the Bank’s framework

Minimum Experience:

• Experience of drafting complex tendering processes – clearly and succinctly.
• Significant experience of leading strategic sourcing activities in a public-sector organisation and through multiple routes to market (frameworks, FTS)
• Experienced and knowledgeable of existing procurement regulations and aware of the implications of the new procurement regulations
• Experience of working in a client-focused environment on whole project lifecycles

Clearance:

• SC Clearance is an essential requirement for this role, as a minimum you must be willing & eligible to undergo checks. Please note, due to the exceptional requirements of this position (short-term nature of this role and speed at which we require a postholder in situ) preference may be given to candidates who meet all of the essential criteria and hold active security clearance.

Essential Skills:

• Public Sector & Sourcing Experience: Experience in public sector routes to market and sourcing telephony equipment.
• Commercial Team & Contract Management: Working within a commercial sourcing team and bringing new requirements under contract.
• Market Intelligence & Tender Development: Providing market intelligence and developing new tenders.

Desirable Criteria

• It would be advantageous to be MCIPS qualified, and have experience of programme management in the context of public-sector procurement

Please be aware that this role can only be worked within the UK and not Overseas.

Our Approach to Inclusion

The Bank values diversity, equity, and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.

At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation, and socioeconomic status. We believe that it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public.

Disability Confident 

As a member of the Disability Confident Scheme, the Bank of England guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group. This scheme encourages candidates with a disability and/or neurodivergence to apply. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

Armed Forces Covenant 

The Bank of England guarantees to interview veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

In applying for this role, you acknowledge the following "this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different".

If this role sounds like something that you would be interested in, please click the link to apply or get in touch with Trevor Wilson at Trevor.Wilson@weareams.com