At a Glance
- Tasks: Manage supplier risk and insolvency to ensure business continuity in a dynamic automotive environment.
- Company: Join a leading global automotive manufacturer focused on innovation and sustainability.
- Benefits: Enjoy hybrid working, competitive pay, and the chance to work with top talent.
- Why this job: Be part of a proactive team driving resilience in critical supply chains while making a real impact.
- Qualifications: Experience in supplier risk management and strong financial acumen are essential.
- Other info: This is a 12-month contract role inside IR35 with opportunities for growth.
The predicted salary is between 43200 - 72000 £ per year.
Nixor Warwickshire, England, United Kingdom
Nixor Warwickshire, England, United Kingdom
Direct message the job poster from Nixor
Senior Consultant | Working with the best talent in the UK & EU
Location: Warwickshire (Hybrid, 2 on site)
Employment Type: 12 Month Contract (Inside IR35)
About the Company:
Join a leading global automotive manufacturer at the forefront of innovation, sustainability, and engineering excellence. With a deep commitment to future mobility solutions and resilience in a rapidly evolving supply chain landscape, we are seeking a proactive and commercially astute Supplier Insolvency & Risk Manager to safeguard business continuity and operational stability across our global supplier network.
Role Summary:
As a key member of the Supplier Risk Team within Procurement Transformation & Operations, you will serve as a subject matter expert in financial distress, insolvency risk, and strategic supplier continuity. Working within the Control Tower function in Global Procurement, you will help design, monitor, and execute risk management practices that mitigate supplier insolvency threats and wider risk exposures across critical automotive supply chains.
You’ll partner with procurement leaders, category managers, finance, and legal teams to ensure early identification of vulnerabilities and deliver actionable insights that drive resilient sourcing decisions.
Key Responsibilities:
- Develop and continuously enhance frameworks for supplier financial distress monitoring, early warning, and response protocols.
- Lead insolvency risk assessments for existing and prospective suppliers, especially within high-impact categories (e.g., semiconductors, EV components, powertrain).
- Track and triage signs of financial deterioration, such as late filings, credit rating downgrades, cash flow concerns, and legal actions.
- Manage supplier crisis interventions, including distress escalation, contingency planning, and support through recovery, restructuring, or exit strategies.
- Collaborate with category teams to integrate risk intelligence into strategic sourcing, dual-sourcing plans, and contract negotiations.
- Maintain and evolve dashboards and KPIs tracking supplier health and insolvency exposure.
- Work with finance, legal, and external insolvency practitioners or credit monitoring providers where formal proceedings or restructurings are required.
- Provide regular briefings to senior leadership and procurement stakeholders on insolvency trends, risk exposure, and mitigation outcomes.
Skills & Qualifications:
- Proven experience in supplier risk, insolvency management, turnaround, or restructuring, ideally in the automotive, manufacturing, or heavy industry sector.
- Strong financial acumen and understanding of balance sheets, income statements, and cash flow indicators.
- Familiarity with insolvency triggers, early warning signals, and corporate recovery concepts.
- Excellent stakeholder engagement and communication skills, including ability to convey complex risks in practical terms.
- Comfortable working cross-functionally in fast-paced, high-stakes environments.
- Awareness of ESG and sustainability-related supplier risks is desirable.
If this sounds like something for you then apply today for immediate consideration! Please note that this will be a contract inside IR35 on a day rate. The duration is for 12 months initially.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Contract
Job function
-
Job function
Supply Chain
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Industries
Transportation, Logistics, Supply Chain and Storage
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Risk Manager employer: Nixor
Contact Detail:
Nixor Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager
✨Tip Number 1
Familiarise yourself with the latest trends in supplier risk management, especially within the automotive sector. Understanding current challenges and innovations will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the automotive and manufacturing industries. Attend relevant events or webinars to connect with potential colleagues and gain insights into the specific risks they face, which can be valuable in your application.
✨Tip Number 3
Prepare to discuss real-world examples of how you've managed supplier risks or financial distress in previous roles. Being able to articulate your experience with specific cases will demonstrate your expertise and readiness for the role.
✨Tip Number 4
Stay updated on ESG (Environmental, Social, and Governance) factors that impact supplier relationships. Showing awareness of sustainability-related risks can set you apart as a candidate who understands the broader implications of supplier management.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Risk Manager position. Tailor your application to highlight relevant experience in supplier risk and insolvency management.
Highlight Relevant Experience: In your CV and cover letter, emphasise your proven experience in supplier risk, financial acumen, and any familiarity with insolvency triggers. Use specific examples from your past roles to demonstrate your expertise.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your passion for the automotive industry and your understanding of the importance of risk management in supply chains. Make it personal and engaging.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for a role in risk management.
How to prepare for a job interview at Nixor
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and expectations of a Supplier Insolvency & Risk Manager. Familiarise yourself with key terms like financial distress, insolvency risk, and supplier continuity to demonstrate your expertise.
✨Showcase Your Financial Acumen
Since the role requires strong financial understanding, be prepared to discuss your experience with balance sheets, income statements, and cash flow indicators. Use specific examples from your past roles to illustrate how you've successfully managed financial risks.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in high-stakes situations. Prepare to discuss how you would handle supplier crises or financial deterioration signs, and outline your approach to developing contingency plans.
✨Highlight Stakeholder Engagement Skills
The role involves collaboration with various teams, so be ready to share examples of how you've effectively communicated complex risks to stakeholders. Emphasise your ability to work cross-functionally and build relationships in fast-paced environments.