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Senior Commercial Manager

Job in Milton Keynes, Buckinghamshire, MK10 0BX, England, UK
Listing for: Network Rail
Full Time position
Listed on 2026-10-18
Job specializations:
  • Business
    Risk Manager/Analyst, Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 65000 - 95000 GBP Yearly GBP 65000.00 95000.00 YEAR
Job Description & How to Apply Below

Join Network Rail ! Where People and Connections Matter

At Network Rail, we're dedicated to keeping passengers and freight moving safely and efficiently across the country. When you join us, you're not just part of a team- you're part of something that matters to millions. We believe that our people are at the heart of what we do, and every role plays a vital part in building a better, more connected railway.

We're committed to creating a diverse, inclusive workplace that reflects the communities we serve. We value flexibility and understand the importance of a healthy work-life balance. As a Disability Confident Leader, we'll do everything we can to accommodate any needs throughout the recruitment process.

Safe behaviour
is a requirement of working for Network Rail. Applicants should be able to demonstrate their awareness of our safety vision .

We offer generous maternity, paternity, and adoption leave to support our employees during significant life moments

Flexible/hybrid working arrangements considered

Generous annual leave up to 28 days plus statutory days (role dependant), with the option to buy/sell days

Discounts at selected stations with your Network Rail pass

Defined benefit pension scheme

75% off leisure train tickets for you and your dependents (subject to T&Cs)

Interest-free travel loan for train and car park season tickets

Volunteer leave to make a positive impact

About the role
  • Duration:
    Permanent
  • Location:

    This role is based at The Quadrant, Milton Keynes. This role is a full-time opportunity, flexible working patterns will be considered. Please note for this role you must living within 90 minutes of The Quadrant, Milton Keynes.

About The Role Section

  • Establish and implement effective commercial strategies, including project cost management, and provide feedback to support future procurement activities.
  • Provide commercial management of framework agreements and supporting contracts, leading commercial reviews of contractor performance and attending valuation and progress meetings where required.
  • Lead the estimating, risk and value management activities throughout the project lifecycle, identifying commercial risks early and recommending appropriate mitigating actions.
  • Lead price negotiations under existing contracts and framework agreements, including target cost negotiations, and contribute fully to Quantitative Risk Assessment and Value Management workshops.
  • Monitor and manage project reporting, ensuring information is accurately maintained in line with company reporting systems. Analyse and explain variances against forecasts, budgets and outturn costs, recommending mitigating actions where required.
  • Lead and support the commercial team across live projects, ensuring resources are effectively deployed to meet project requirements.
  • Provide proactive commercial advice, expertise and governance on contract and scope changes, ensuring compliance with change control processes and supporting the timely resolution of contract variations.
  • Manage commercial correspondence and contractual notices in accordance with contractual requirements, ensuring Network Rail's contractual position is clearly established and maintained.
  • Identify emerging commercial issues, support the management of contractual claims, and assist in the resolution of legal and commercial disputes in partnership with functional teams.
  • Implement and maintain appropriate compliance controls and audit processes to ensure adherence to Network Rail procedures, group policies and company standards.
  • Lead final account settlements and project close-out activities, ensuring completion in line with project authorities, plans and agreed timescales.
  • Monitor multi-year framework agreements and reconcile annual accounts within required deadlines.
  • Support continuous improvement and efficiency initiatives by undertaking cost analysis of completed projects and providing feedback through the Cost Allocation Feedback process.
  • Support pre- and post-contract procurement activities while acting as a role model for commercial colleagues through coaching and development.

About the team

You'll be joining a supportive and collaborative Commercial Services team that sits within Commercial & Procurement. This team plays a key role in keeping Britain's railways running efficiently and safely. You will support a wide range of Contracts largely within the signalling environment, but we work closely with a wide range of stakeholders across the business to deliver value for money, ensure compliance, and…

Position Requirements
10+ Years work experience
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