• Join Moneybox as Head of Procurement, working hybrid with 2 days a week in the London office by the Oxo Tower.
• Build and then run the procurement function at a business that grew from ~£5bn to ~£25bn in assets in three years.
• Own the target operating model for the full third-party lifecycle.
• Act as the front door for every new supplier need and own a single view of the supplier estate.
• Focus on designing and embedding the model in your first 12–18 months, then on running it well.
• Help shape company strategy through cross-functional committees and quarterly planning.
📋 Job Requirements
• Bring experience leading a procurement or third-party function, or a large part of one, in an FCA or PRA regulated firm.
• Show experience designing and embedding a procurement operating model from a low base.
• Hold positions confidently with directors and turn complex supplier risks into clear executive recommendations.
• Understand legal, data protection, information security and AI risk well enough to spot gaps early.
• Know UK rules on outsourcing, operational resilience and third-party risk, including exit planning.
• Show a track record of negotiating complex technology and service contracts.
• Match effort to risk and raise the capability of non-specialists.
• Hold the right to work in the UK, as visa sponsorship isn’t available.
🌟 Nice-to-have
• Bring experience preparing for the FCA material third party regime.
• Show experience using automation and AI in routine procurement work.
• Bring experience consolidating a supplier estate.
• Show experience in wealth management or investment platforms.
🎯 Responsibilities
• Own the third-party lifecycle operating model with clear roles across the business.
• Replace value-only tiering with a risk-based framework, and own the procurement policy and approval matrices.
• Run the procurement gateway and challenge requirements early, including build-or-buy decisions.
• Lead RFPs and negotiations on material engagements, building in exit contingency.
• Build a single view of the supplier estate and lead consolidation.
• Run a forward renewal pipeline with lead times set by risk.
• Work with the Operational Resilience team on continuity, recovery and exit plans.
• Set the direction for procurement systems, data and AI.
About Moneybox
😃 What Moneybox offers
• Work hybrid, with 2 days in the London office and 3 from home.
• Get enhanced parental pay and leave.
• Earn a competitive salary with a company bonus and pension.
• Receive private medical insurance and a health cash plan.
• Use a personal L&D budget and a home office furniture allowance.
• Get a Wellhub subscription and cycle-to-work and CycleSaver schemes.
• Take 25 days’ holiday plus bank holidays, rising with length of service.
💖 What makes Moneybox unique
Moneybox is an award-winning wealth management platform helping over 1.5 million people build wealth throughout their lives. It supports customers with saving and investing, buying their first home and planning for retirement. Moneybox has grown from around £5 billion to around £25 billion in assets under administration in three years.
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