Student Loans Company (SLC)
Salary: £85,000 – £95,000
SLC is a not for profit, government owned organisation which administers loans and grants to students in colleges and universities across the UK. SLC’s mission is to enable people to invest in their futures through further and higher education by providing accessible, high quality student finance services.
The Commercial Director is responsible for leading the commercial function in SLC and being responsible for delivering better value from third party spend. The post holder is also responsible for setting the commercial strategy for SLC and acting as a focal point for key stakeholders including the parent department, Department for Education (DfE). As a member of the SLC Senior Management Team, the post holder will have a shared responsibility to promote SLC values and share ownership of SLC’s Mission.
The post holder will also play a key role as a member of the SLC Commercial Committee, which is chaired by the Chief Financial Officer (CFO) and has members from DfE and Cabinet Office. The Committee provides early sight and challenge of commercial activity by SLC to provide assurance to the SLC Accounting Officer and Shareholders. The Committee supports SLC in discharging its responsibilities for ensuring that commercial activity supports the SLC strategic objectives, is compliant and demonstrates value for money.
Commercial Services is a part of our Chief Financial Officer Directorate and is led by the Commercial Director
The CFO Directorate is the most diverse in SLC, in terms of the range of services we provide to our customers, and therefore our people work across a wide variety of functions to support the business.
The Commercial Services vision is to be recognised as a trusted partner enabling delivery of the SLC Corporate Strategy and value for our customers. This is achieved by working collaboratively and effectively with SLC customers, suppliers and other public bodies to develop and implement innovative, efficient and sustainable procurement practices that deliver value for money.
On average, SLC place 400 contracts and 150 Statement of Works per annum, currently SLC have 600 live contracts with a large portfolio value. The team is structured to support each of the company directorates.
As a public sector organisation, SLC is required to comply with Cabinet Office and HM Treasury controls. These are set out in the SLC Framework Document. The Framework Document is central to the governance of SLC and its responsibilities to government (principally the DfE and the Devolved Administrations). It details the remit of the SLC, how SLC should operate, what and how it should deliver its services and the governing protocols that the Company must adopt.
For a confidential discussion please get in touch with Donogh O’Brien or Emma McEneaney on 0141 212 7555.
For more information please visit the microsite at https://www.aspenpeople.co.uk/SLC
Closing date: Friday 14th May 2021