At a Glance
- Tasks: Assess and manage vendor risks while ensuring compliance and performance monitoring.
- Company: Join a leading global professional services firm with a focus on innovation.
- Benefits: Enjoy a competitive salary, generous bonuses, and comprehensive health benefits.
- Other info: Flexible hybrid working and excellent career growth opportunities await you.
- Why this job: Make a real impact in risk management within a dynamic, supportive environment.
- Qualifications: Experience in vendor risk management and strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
Location: Manchester (Hybrid – Flexible Working Available)
Industry: Professional Services
Salary: £40,000 – £50,000 + Generous Bonus & Benefits Package
Are you a detail-oriented risk professional with a background in vendor management? Do you have experience navigating complex due diligence processes within a global, fast-paced environment?
Procurement People is currently representing a market-leading global professional services firm. We are looking for a Vendor Risk Management Analyst to join their Global Finance team in Manchester. This is a critical role focused on assessing, monitoring, and mitigating risks across an extensive international vendor base.
The Role
As a Vendor Risk Management Analyst, you will be responsible for the end-to-end risk lifecycle of the firm’s vendor relationships. You will conduct deep-dive due diligence for both new and existing vendors, identifying potential vulnerabilities and categorizing partners based on their risk profiles. This is a highly visible position that requires sharp analytical skills to translate complex data into actionable risk mitigation strategies, ensuring the firm remains compliant and commercially secure.
Key Responsibilities
- Risk Assessment & Due Diligence: Analyse vendor risk profiles through comprehensive due diligence activities to identify vulnerabilities and categorize vendors by risk level.
- Compliance & Performance Monitoring: Ensure vendors adhere to contractual obligations and regulatory requirements, preparing detailed reports and dashboards for senior management.
- Mitigation Strategies: Develop and implement robust risk mitigation plans, collaborating closely with internal stakeholders and vendors to embed effective risk management practices.
- Performance Analysis: Review vendor metrics to assess service quality and cost-effectiveness, providing recommendations for continuous improvement and cost-saving opportunities.
- Audit Coordination: Lead and conduct vendor audits to evaluate compliance with internal policies and industry standards, following up on all corrective actions.
- Policy Development: Assist in maintaining and evolving vendor risk management policies to ensure alignment with global best practices.
What We’re Looking For
- Experience: Proven background in vendor risk management, compliance, or a related commercial risk role.
- Sector Background: Experience working within a large-scale professional services firm or a Fortune 500 environment is highly desirable.
- Analytical Skills: Strong proficiency in data analysis tools and the ability to interpret complex datasets.
- Communication: Exceptional verbal and written communication skills, with a focus on delivering high-level customer service to internal teams.
- Education: A Bachelor’s degree is required; a Master’s degree or relevant Professional Certification is preferred.
Why Apply?
This is an outstanding opportunity to join a premier global organization that values innovation and professional growth. You will work within a supportive culture that offers a comprehensive benefits package, including private health insurance, a double-matched pension scheme, and life assurance at 8x your salary.
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