Location: Leeds Commercial Policy Manager Department Overview This role sits in the central Procurement division, and is part of the Commercial Policy, Operations team, responsible for policy, governance, systems, data analytics and reporting, responsible procurement, third-party risk management, supplier management framework, training, communications and continuous improvement. Job description This role is part of the Commercial Policy team who is responsible for commercial policies, governance and controls, including training (for both commercial and non-commercial staff), responsible procurement and continuous improvement You will be responsible for: Supporting and ensuring continuity in the delivery and maintenance of the Bank's commercial policies and controls, including collaborating with Legal and other subject-matter experts to ensure adherence to legislation, integrating their requirements into policies and processes, keeping up to date with best practice, and ensuring the policies and controls are aligned to the Bank's operational and strategic objectives Working closely with the Commercial Policy Lead to advise on and design new (or improving existing) processes to drive continuous improvement of the policies, processes and systems and to drive and/or monitor compliance with the commercial policies Supporting the Commercial Policy Lead in the delivery of new procurement legislation (namely the Procurement Act 2023) Acting as subject-matter expert on procurement policy matters Supporting the Commercial Policy Lead with the creation and maintenance of the responsible procurement strategy, plan and ongoing work Managing the Commercial Academy training plan and collaborating with Learning & Development to design, develop and roll out training programmes tailored to the various members of the commercial community Managing the secretariat of the Commercial Oversight Group, which oversees all the key Bank commercial decisions, including offering technical guidance on the commercial sensitive papers and managing the regular report going into OIC Completing, monitoring and advising on divisional policy metrics (risk and/or performance) as and when needed by the wider Procurement team Supporting the Commercial Policy Lead in coordinating policy responses to internal or external audit queries Supporting the Commercial Policy Lead with best practice sharing with other public bodies Knowledge, Skills and Experience required Minimum criteria: In-depth knowledge of public procurement legislation Experience of drafting policies and/or templates Ability to synthesise data from a variety of sources Essential criteria: Excellent communication skills, ability to build rapport and constructive relationships with stakeholders Excellent stakeholder management skills with ability to challenge and present at all levels Demonstrable organisational, planning and time management skills, with a problem-solving approach Demonstrable ability to work on multiple workstreams simultaneously Self-motivation, with the ability to work both on your own initiative with limited management oversight and as part of a team Desirable: It would be advantageous to also be qualified or working towards qualification from CIPS. This is a people management role. You will be responsible for day to day management of the team and for defining roles and responsibilities. You will develop your team through sharing information effectively, coaching and communicating a clear vision to ensure that your staff are productive, engaged and motivated to deliver the area's aims. This will include setting clear goals and smart stretching objectives that are aligned to those of the team, division and directorate. You will also be responsible for managing all staff-related matters that may arise including performance, absence and sickness. Number of direct reports: 1` ___ 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. We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed. For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders. Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the 'Candidate Personal Information' under the 'Disability Confident Scheme' section of the application. Salary and Benefits Information We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate. This role offers a salary of Leeds, £44,080 - £49,590. In addition, we also offer a comprehensive benefits package as detailed below: Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/80th of your annual salary for every year worked. There is the option to increase your pension (to 1/65th) or decrease (to 1/105th) in exchange for salary through our flexible benefits programme each year. The Bank has the discretion to vary standard accrual rates and dial up and dial down rates at any time and to withdraw dial up and dial down options at any time. A discretionary performance award based on a current award pool. An 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. 26 days' annual leave with option to buy up to 12 additional days through flexible benefits. Private medical insurance and income protection. National Security Vetting Process Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice. The Bank of England welcomes applications from all candidates, but as a UK Visas and Immigration (UKVI) approved sponsor, we have a responsibility to comply with the Immigration Rules and guidance. As such, our ability to employ individuals who require sponsorship for immigration purposes is limited. The Bank cannot guarantee that you and / or the role you are applying for will be eligible for sponsorship and that any application made to UKVI will be successful. Eligibility will therefore be considered on a case by case basis. The Application Process Important: Please ensure that you complete the 'work history' section and answer ALL the application questions fully. All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information, including your CV, when reviewing your application details at the screening stage. It's therefore really important that you fill out the work history and application form questions, as your answers will form a critical part of the initial selection process. The assessment process will comprise of two interview stages. (Amend and add brief details if relevant, such as interview/assessment dates or process for your specific role). This role closes on 2 May 2025 Please apply online, ensuring that you complete your work history and answer ALL the application questions fully and in detail as your application will not be considered if all mandatory questions are not fully completed.