Money and Pensions Service
Commercial Manager
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
138 Cauldwell Street, Bedford, MK40 1SU, United Kingdom
Job Summary
Commercial Manager
£73,000 per annum
Location: Bedford
Employment Type: Permanent
Work Arrangement: Hybrid Working
Ready to make a real difference? Join us at the Money and Pensions Service (MaPS) as our Commercial Manager. This is your chance to play a meaningful role in helping people across the UK build stronger financial futures and to do it as part of a supportive, energetic team.
Why this role matters?
As Commercial Manager you will provide professional procurement and commercial support across MaPS Customer Directorate, helping teams to plan, source, manage and improve contracts in line with public sector policy, governance requirements and commercial best practice. You will be supporting colleagues with commissioning best-in-class solutions that directly support the UK public, seeking innovative ways to maximize benefit to millions of people in need of Debt Advice, Money or Pensions Guidance.
You will support a range of commercial activity, including sourcing, supplier engagement, contract and grant management, governance, negotiation and stakeholder management, with a focus on delivering value for money and wider organizational benefits.
The post holder will work collaboratively with colleagues across commercial, finance, legal, policy, digital, operations and delivery teams to support effective procurement and contract outcomes. You will be an active and contributing member of the wider commercial team, sharing experience and knowledge to develop our functional delivery.
Job Description
Sourcing
- Use commercial knowledge and experience to identify suitable routes to market for a range of goods and services requirements
- Assess available sourcing options, articulate the benefits and risks of each approach, and recommend the most appropriate route to market
- Run compliant procurement and grant funding award procedures efficiently, transparently and at pace
- Complete commercial governance, approvals and documentation clearly and effectively
- Support commercial pipeline planning by identifying upcoming requirements, key milestones, dependencies and potential procurement risks
- Provide practical commercial advice to internal stakeholders on routes to market, procurement options, commercial risks and value for money considerations
Commercial Contract Management
- Provide commercial contract management support in line with agreed terms, governance processes and organisational requirements
- Support commercial negotiations, variations and change control activity to ensure agreements remain appropriate, affordable and commercially advantageous
- Support supplier performance management by monitoring delivery, addressing issues, reviewing service levels and identifying opportunities for improvement
Commercial Delivery
- Review, develop and maintain commercial systems and documents, including digital pipeline and contract records, and documents such as specifications, statements of work, schedules, service levels and contracts
- Build effective relationships with suppliers and internal stakeholders throughout the commercial lifecycle
- Contribute to improvements in commercial tools, templates, processes and ways of working to support consistent and effective delivery
Person specification
Essential
- Relevant commercial, procurement or contract management experience is essential.
- MCIPS, World Commerce & Contracting accreditation or equivalent professional development is desirable but not essential
- Solid public sector or regulated environment commercial experience. Including a good working knowledge of PCR2015 and PA23
- Good understanding of procurement routes, commercial governance and contract management principles
- Proven track record of working effectively with delivery teams, business managers and project stakeholders to achieve service objectives
- Strong experience of sourcing, negotiating, varying and managing contracts across a range of categories
- Ability to run compliant, pragmatic commercial activity at pace while managing risk effectively
- Experience of general grant funding competitions, grant management and the Government Grant Functional Standards desirable but not essential
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Personal attributes
- Sound judgement and confident decision-making, with the ability to solve problems pragmatically
- Clear and effective communicator, able to engage confidently with stakeholders at all levels
- Collaborative team player who is self-motivated, organised and able to work independently
- Analytical, with strong attention to detail and the ability to interpret commercial information
- Confident negotiator with sound commercial judgement and a focus on achieving value for money
- Able to build trusted relationships with suppliers and internal stakeholders
About Us
The Money and Pensions Service (MaPS) is based in Bedford, in a recently renovated modern office. This is a wonderful opportunity for you to become an integral part of a dynamic organisation, working to help people across the UK.
At The Heart Of The Money And Pensions Service Are Our Values – Caring, Connecting, And Transforming, Which Are The Foundation Of Our Success. They Permeate Every Area Of Our Work And Define All Our Business Relationships And The Way We Work With Each Other. We’re Not Only Looking For The Best People To Come And Work For Us, But We Need People Who Align Themselves With Our Values
Caring: We care about our colleagues and the people whose lives we are here to transform.
Connecting: We will transform lives through our ability to make positive connections.
Transforming: We are committed to transforming lives and making a positive societal impact.
Our Inclusive Working Environment
By fostering our values, we are immensely proud of the inclusive working environment that we have created. The diversity of our people is a strength that we embrace and wish to build upon, so we are committed to attracting people of all backgrounds. We work hard to ensure that we have a progressive approach to inclusion, equity, and belonging. We really do want our colleagues to “bring their whole selves to work.”
Our colleague and ally networks encompass LGBTQ+, neurodiversity, women’s health, men’s health, ethnicity, and diversity.
Benefits:
- Generous Annual Leave – 30 days plus Bank Holidays
- Pension scheme – contributions matched 2 to 1 (up to 10% of your salary)
- Interest-free loan for season tickets for buses and trains
- Cycle to work Scheme
- Subsidised eye tests & flu jabs
- Life assurance scheme
- Give as you earn scheme
- Employee assistance programme (EAP)
- PAM Assist and PAM Life scheme (Wellbeing)
- Enhanced family and sick pay
- Paid volunteering (2 days a year)
- Recognition Scheme
- Discounts portal to numerous retailers
Flexible Working
At MaPS, we take pride in our flexible approach to work. As standard, we work on a hybrid basis with a minimum of 2 days in the office per month. Hybrid working is a voluntary, non-contractual arrangement and our headquarters in Bedford will be your contractual place of work. The number of days that anyone will be able to work at home will be determined primarily by business needs, but personal and other relevant circumstances will also be considered. If you are successful, any opportunities for hybrid working, including whether a hybrid working arrangement is suitable for you, will be discussed with you prior to you taking up your post.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Career Development
In MaPS, we take career development seriously. We actively encourage and support applications from our existing MaPS colleagues. However, we do follow the Civil Service Commissioner recruitment principles, which means that you will be required to participate in a full, open, and fair process.
Reserve List
If you are successful at interview, we operate a reserve list where your details will be held for up to 6 months. Should a vacancy come available in that time with the same essential criteria, reserve list candidates will be offered that position with no further assessment required.
Artificial intelligence
Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.
Selection process details
The law requires that selection for appointment to the Civil Service is on merit on the basis of fair and open competition as outlined in the Civil Service Commission’s Recruitment Principles. If you feel your application has not been treated in accordance with the Recruitment Principles, and you wish to make a complaint, in the first instance, you should contact the Money and Pensions Service via email: recruitment@maps.org.uk. If you are not satisfied with the response you receive from the Department, you can contact the Civil Service Commission: Visit the Civil Service Commission website.
Step 1: Submit Your Application
Open: 28/08/2026
Deadline: 13/09/2026
To Apply, Please Submit The Following Document
- Your most up-to-date CV
Step 2: Telephone Interview
Between: 28/08/2026 – 16/09/2026
If Your Application Is Shortlisted, You Will Be Invited To a Telephone Interview With One Of Our Recruiters. This Is An Opportunity To
- Discuss your experience in more detail
- Learn more about the role and our organisation
- Ask any questions you may have
Step 3: Final Stage Interview
Hosted on: 01/10/2026 – 02/10/2026
Successful Candidates From The Telephone Interview Will Be Invited To Attend a Remote Interview Over Microsoft Teams. This Stage Will Include
- A series of competency-based interview questions
We follow fair, open, and merit‑based recruitment in line with the Civil Service Commission’s Recruitment Principles.
Job Reference: MaPS01248
Close Date: 13/09/2026
Feedback will only be provided if you attend an interview or assessment.
Security
Successful candidates must undergo a basic (or equivalent) criminal record check.
People working
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location