At a Glance
- Tasks: Lead supplier risk management by assessing and mitigating risks in supplier relationships.
- Company: Join INEOS Automotive, a rising star in 4X4 development with a global presence.
- Benefits: Enjoy a dynamic work culture, opportunities for growth, and a chance to make an impact.
- Why this job: Be part of a team that tackles challenges head-on and drives positive change in the automotive industry.
- Qualifications: Experience in procurement or supply chain management with a focus on risk assessment is essential.
- Other info: Fluent English and strong communication skills are a must; apply with a cover letter!
The predicted salary is between 43200 - 72000 £ per year.
INEOS Automotive – Built For More
Story so far
Since we started our journey to build a no nonsense 4X4, we’ve come a long way. We’ve established INEOS Automotive as a serious contender in 4X4 development and manufacturing. We’ve partnered with some of the biggest names in the automotive industry. We’ve made our way from vision to prototype. We’ve secured a world-class production facility and delivery team. We’ve delivered Grenadiers to customers all around the world. We’re building our double cab pick-up, the Quartermaster.
People and Culture
Easy never changed anything. Not in manufacturing, science, engineering or energy – and certainly not elite sport. At INEOS we tackle every challenge head-on, and we help extraordinary athletes achieve extraordinary things. When it comes to making positive change, we know nothing gets done without grit, rigour and humour. Our Automotive team consist of around 1500 employees, 10 locations and 44 nationalities, we’re an international team working together to challenge the ordinary.
If this sounds like you, let’s talk.
As a Supplier Risk Management Lead, the primary responsibility is to assess, monitor, and mitigate risks associated with the organization\’s supplier relationships. The role will be also responsible to implement, enhance and/or maintain risk management related processes and tools to manage and/or support the activities.
The Risk Management Lead will play a crucial role in ensuring the continuity and resilience of the supply chain by identifying potential risks, such as financial instability, geopolitical factors, regulatory compliance issues, and operational vulnerabilities. The role will also co-ordinate all risk related activities, such as deep dives, evaluations, analysis, task forces etc. and support and consult the organisation on mitigating/evaluating risk events.
Duties include:
Risk Assessment:
- Conduct thorough assessments of potential and existing suppliers to identify risks and vulnerabilities.
- Evaluate financial stability, regulatory compliance, and operational capabilities of suppliers.
Monitoring and Early Warning:
- Implement robust monitoring mechanisms to track changes in suppliers\’ financial health, market conditions, and geopolitical landscapes.
- Establish early warning systems to identify emerging risks and proactively address issues.
Collaboration:
- Collaborate closely with PQS teams to integrate risk management into the supplier selection process.
- Engage with key stakeholders to gather insights and intelligence on supplier-related risks.
- Drive task forces and support teams on supplier risk mitigation and ensure supply chain stability action plans.
Contractual Risk Mitigation:
- Work with legal teams to incorporate risk mitigation clauses into supplier contracts.
- Ensure that contractual agreements align with the organization\’s risk tolerance and compliance requirements.
Performance Metrics:
- Develop and track key performance indicators (KPIs) to measure and report on supplier risk management effectiveness.
- Regularly communicate risk metrics to relevant stakeholders.
Response and Contingency Planning:
- Develop and implement contingency plans for high-risk suppliers.
- Coordinate with cross-functional teams to respond effectively to supply chain disruptions.
Continuous Improvement:
- Stay informed about industry trends, emerging risks, and best practices in supplier risk management.
- Drive continuous improvement initiatives to enhance the efficiency and effectiveness of the supplier risk management program.
Systems and processes
- Support the development, and maintenance of cross-functional procedures for Supplier Risk Management in partnership with PQS and business units.
- Implement processes to manage risk related activities.
- Enhance/improve systems for risk management.
- Provide training for risk management processes.
Qualifications:
- Experience in a strategic procurement or SCM function gained in manufacturing industry, with focus on risk assessment, supplier risk management or supplier management, or in a risk management function with focus on Procurement and Supply Chain Management risks.
- Demonstrable experience as a Risk Manager.
- Familiarity with relevant regulations and compliance standards.
- Previous direct knowledge of Risk assessment and control.
- Experience with monitoring and reporting procedures.
- Familiarity with risk criteria and risk assessment methods.
- Ability to work collaboratively and influence stakeholders.
- Demonstrates excellent communication and interpersonal skills as well as ability to find consent.
- Demonstrable ability to prioritise tasks and have effective time management and analytical skills.
- Fluent in English.
- Demonstrates excellent knowledge and experiences in project management and the usage of required methods and IT tools.
- Ability to moderate and mediate cross-functional teams in task forces, escalation meetings etc.
If the role sounds of interest and you want to learn more please apply. Please include a covering letter that supports your application along with any other supporting information.
If your application is successful one of the team will be in touch to arrange an initial conversation!
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Supplier Risk Management Lead employer: Internetwork Expert
Contact Detail:
Internetwork Expert Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Supplier Risk Management Lead
✨Tip Number 1
Familiarise yourself with the automotive industry's current trends and challenges, especially in supplier risk management. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your understanding of the role's context.
✨Tip Number 2
Network with professionals in the automotive and supply chain sectors. Attend industry events or join relevant online forums to connect with people who can provide insights into the company culture at INEOS Automotive and the specific challenges they face.
✨Tip Number 3
Prepare to discuss your experience with risk assessment tools and methodologies. Be ready to share specific examples of how you've successfully identified and mitigated risks in previous roles, as this will showcase your expertise and suitability for the position.
✨Tip Number 4
Demonstrate your collaborative skills by thinking of ways you can work with cross-functional teams. Highlight any past experiences where you’ve successfully influenced stakeholders or led task forces, as this aligns well with the responsibilities of the Supplier Risk Management Lead.
We think you need these skills to ace Supplier Risk Management Lead
Some tips for your application 🫡
Tailor Your Cover Letter: Make sure to craft a cover letter that specifically addresses the responsibilities and qualifications outlined in the job description. Highlight your relevant experience in supplier risk management and how it aligns with INEOS Automotive's needs.
Showcase Relevant Experience: In your CV, emphasise your experience in strategic procurement or supply chain management, particularly focusing on risk assessment and management. Use specific examples to demonstrate your skills and achievements in these areas.
Highlight Collaboration Skills: Since the role involves collaboration with various teams, make sure to mention any past experiences where you successfully worked with cross-functional teams. This will show your ability to engage with stakeholders effectively.
Use Clear Metrics: When discussing your previous roles, include key performance indicators (KPIs) or metrics that illustrate your success in managing supplier risks. This quantifiable data can strengthen your application and showcase your impact.
How to prepare for a job interview at Internetwork Expert
✨Understand the Role
Make sure you have a solid grasp of what the Supplier Risk Management Lead entails. Familiarise yourself with risk assessment processes, supplier evaluation criteria, and the importance of monitoring financial stability and compliance. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Relevant Experience
Prepare to discuss your previous experience in strategic procurement or supply chain management, particularly focusing on risk management. Be ready to provide specific examples of how you've successfully identified and mitigated risks in past roles.
✨Highlight Collaboration Skills
Since the role involves working closely with various teams, emphasise your ability to collaborate and influence stakeholders. Share examples of how you've worked cross-functionally to address supplier-related risks and ensure supply chain stability.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills in risk management. Think about potential risks a supplier might face and how you would develop contingency plans. This will show your proactive approach and strategic thinking.