At a Glance
- Tasks: Lead supplier relationships and enhance the Supplier Relationship Management framework.
- Company: Join a forward-thinking company prioritising diversity and inclusion.
- Benefits: Enjoy a hybrid work model, comprehensive benefits, and wellness initiatives.
- Other info: Opportunities for professional development and employee recognition.
- Why this job: Make a real impact by strengthening supplier resilience and performance.
- Qualifications: Experience in managing strategic suppliers and strong communication skills.
The predicted salary is between 60000 - 75000 £ per year.
Position Overview
The Supplier Oversight Manager is responsible for leading the Supplier Relationship Management (SRM) operating model and ensuring resilient supplier relationships across the organization.
Responsibilities
- Own and evolve an organization‑wide SRM framework, adopting a tiered and proportionate approach.
- Define governance and oversight for strategic, material, and critical suppliers with clear expectations for ownership, performance, and engagement.
- Partner with senior stakeholders to embed strong SRM practices, providing guidance, challenge, and support.
- Strengthen supplier risk and resilience oversight in collaboration with Risk and Third‑Party Risk teams.
- Define the approach to supplier performance and value, including KPIs, scorecards, and improvement plans.
- Provide clear insight and assurance to Procurement leadership on supplier health, risks, and opportunities.
- Act as a capability lead within Procurement, influencing without authority and building trust through expertise.
Qualifications
- Proven experience managing strategic or critical suppliers in complex, multi‑stakeholder environments.
- Strong understanding of tiered and proportionate supplier relationship management.
- Experience designing and embedding frameworks or centres of excellence across organisations.
- Confidence influencing senior stakeholders and challenging constructively when needed.
- Commercial mindset with strong analytical and problem‑solving skills.
- Clear, confident communication skills, both written and verbal.
- Ability to work independently, prioritise effectively, and deliver results.
Diversity & Inclusion
Lloyd’s prioritises diversity and inclusion, ensuring a respectful and inclusive environment that reflects global markets. Programs include regular health and wellbeing initiatives, diversity training, employee networks, mentoring, and professional development opportunities.
Benefits
- Hybrid work model offering flexibility to work from office and home.
- Comprehensive benefits package including pension, healthcare, wellbeing, and financial support for training and development.
- Benefit allowance for gym membership, dental insurance, holiday, and cycling‑to‑work scheme.
- Employee recognition and discount schemes.
Supplier Oversight Manager employer: CO1001 Corporation of Lloyd’s
Lloyd's is an exceptional employer that champions a culture of diversity and inclusion, fostering a respectful environment that mirrors global markets. With a hybrid work model, comprehensive benefits package, and robust professional development opportunities, employees are empowered to thrive both personally and professionally. The Supplier Oversight Manager role offers a unique chance to influence strategic supplier relationships while enjoying the support of a collaborative team dedicated to excellence.
Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Supplier Oversight Manager
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like CO1001 Corporation of Lloyd’s.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Supplier Oversight Manager
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to CO1001 Corporation of Lloyd’s:Your cover letter should read like you’re chatting directly to CO1001 Corporation of Lloyd’s. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like CO1001 Corporation of Lloyd’s.
How to prepare for a job interview at CO1001 Corporation of Lloyd’s
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at CO1001 Corporation of Lloyd’s!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at CO1001 Corporation of Lloyd’s. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into CO1001 Corporation of Lloyd’s's culture.
