At a Glance
- Tasks: Manage vendor risks and ensure compliance through detailed analysis and reporting.
- Company: Join a leading global professional services firm with a focus on innovation.
- Benefits: Generous salary, bonuses, private health insurance, and a double-matched pension scheme.
- Other info: Flexible hybrid working available with excellent career development opportunities.
- Why this job: Make a real impact in risk management while growing your career in a 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 categorising 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 categorise 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.
To Apply: If you are a proactive risk professional ready for a new challenge, please submit your CV to Garry Byfield at Procurement People for a confidential discussion.
Procurement And Purchasing Managers And Directors in Manchester employer: executive-network-group
Executive-Network-Group is an excellent employer, offering a dynamic work culture that prioritises safety and compliance in a laboratory setting. Employees benefit from ongoing professional development opportunities, a supportive environment, and the chance to make a meaningful impact on safety practices within the organisation. Located in Macclesfield, this role not only enhances your career but also allows you to contribute to a culture of excellence in health and safety.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement And Purchasing Managers And Directors in Manchester
✨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 executive-network-group.
✨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 Procurement And Purchasing Managers And Directors in Manchester
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 executive-network-group:Your cover letter should read like you’re chatting directly to executive-network-group. 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 executive-network-group.
How to prepare for a job interview at executive-network-group
✨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 executive-network-group!
✨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 executive-network-group. 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 executive-network-group's culture.
