Group Procurement Specialist
Department:
Job Summary
At Rathbones we help people invest their money well so they can live well. That means more than financial returns its about helping people feel confident in their decisions and supported in their future. We dont just manage money we guide people through lifes big moments helping them stay on track and focus on what matters most.
Were proud to be one of the UKs leading wealth managers with over 109bn* in assets under management and 20 offices across the UK and Channel Islands. Were a FTSE 250 company with national reach and a local feel and were growing.
*As of June 2025
Job Title: Group Procurement Specialist
Department: Procurement
Location: Liverpool
Contract Type:Permanent
Purpose:
The Procurement Specialist will be instrumental in delivering exceptional service and value to the Group and will work in a Business Partner model to support Group functions in shaping supplier / category strategy shaping contracts implementing performance frameworks ensuring compliance and supporting good ongoing governance. This role combines strategic sourcing supplier management and compliance oversight to drive value across the Group.
Outcomes for the role:
- Support the development and execution of the Groups procurement strategy
- Manage end-to-end procurement processes including supplier selection RFPs contract negotiation supplier evaluation onboarding and Governance
- Manage supplier relationships to ensure performance compliance and value delivery
- Drive cost optimisation risk mitigation and operational efficiency through strategic sourcing and process improvement
- Develop and maintain dashboards and reporting tools to track savings supplier performance and procurement activity
- Collaborate with internal stakeholders to align procurement strategies with business needs and budget objectives
- Ensure procurement activities comply with regulatory standards and internal policies
Maintain accurate procurement data including contracts spend analysis and third-party risk documentation
Operate independently to build procurement frameworks and influence senior stakeholders for successful outcomes
Skills and knowledge
- Technology & Operational Insight Experience working within a Finance/Technology function understanding IT delivery supplier management risk and governance
- Stakeholder Management & Communication Strong ability to engage and influence senior technology leaders suppliers and finance teams ensuring alignment and effective decision-making
- Strategic thinking and commercial awareness
- Strong analytical and problem-solving skills
- Excellent communication and stakeholder engagement
- Ability to manage multiple priorities in a fast-paced environment
- High attention to detail and organisational skills
Professional experience and qualifications:
- Worked in a procurement / supplier management role ideally 3 years experience.
- Financial services industry exposure ideal although any procurement experience in a regulated industry would be of interest.
- Knowledge of FCA PRA EBA regulatory guidance and requirements for outsourcing and third-party risk management (desirable).
Our offer to you
We want everyone at Rathbones to fulfil their potential in an environment where you are proud to work and feel like you belong.
We offer a comprehensive remuneration package which we review regularly and benefits include:
- A company pension - 9% non-contributory or 10% if you contribute 5%
- Private medical insurance Individual on joining family after 1 years service
- Life assurance - 8 x salary
- Income protection 75 % salary
- Company share scheme
- Discretionary bonus
- Flexible holidays purchase up to 5 additional days
- Green Car Scheme
- Family friendly policies enhanced family leave for parents & carers
- Study support study days and funding for courses and qualifications
- Season travel ticket loans
- Volunteering days
- Gym discounts
- Other voluntary benefits you can choose to suit you
Our employees can choose to take part in various social groups and communities to support their wellbeing growth development and sense of include:
- Sports & Social Committees such as cricket football netball running yoga quiz nights charity bake sales and much more.
- Inclusion Networks that help us drive change within the organisation such as Gender Balance Multicultural Abilities Count Pride Social Mobility Generations Menopause and Armed Forces.
- The NextGen IM Network which brings together a community of trainees from across the UK who are all at the early stages of their careers and offers development opportunities exposure across the business as well as peer support and connection.
Life at Rathbones
We aim to become an employer of choice for the wealth management sector to achieve this we are working hard to build a diverse equal and inclusive workplace that motivates develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones we provide meaningful work opportunities and a voice to all.
We are committed to building a team that is made up of diverse skills experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values.
Were a Disability Confident Employer (level 2) under the UK Government scheme. This means weve signed up to a set of commitments around how we recruit retain and develop people with disabilities. Find out more about the Government Scheme online click here. If you require adjustments to apply for a role at Rathbones please contact us via to let us know what adjustments you may need.
Mission
We believe in playing the long game. That means building consistent results earning trust and doing the right thing for our clients our colleagues and the communities were part of.
Our values shape how we work:
- We aim high
- We get it done
- We show we care
- We do the right thing
These arent just words on a wall. They guide how we treat each other how we make decisions and how we build relationships that last.
We will close this advert once we have received enough applications for the next stage. Please submit your application as soon as possible to ensure you dont miss out.
Required Experience:
IC
About Company
Rathbones is a leading provider of individual wealth management, asset management and related services to private clients, charities, trustees and professional partners.