Supplier Risk Manager

Supplier Risk Manager

Leeds Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage supplier risks and develop frameworks to ensure compliance and operational resilience.
  • Company: Join Flutter Entertainment, a leader in the entertainment industry focused on positive impact and growth.
  • Benefits: Enjoy flexible working, enhanced pension, self-development fund, and wellness perks like gym memberships.
  • Why this job: Be part of a dynamic team driving strategic goals while making a positive impact in the industry.
  • Qualifications: 3+ years in risk management or related fields; strong analytical and communication skills required.
  • Other info: Opportunities for mentorship and collaboration across global teams.

The predicted salary is between 36000 - 60000 £ per year.

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Direct message the job poster from Flutter Entertainment

Our 3rd party partnerships are essential to supporting our business operations, growth, and strategic aims. Our supply chain must focus on delivering good consumer outcomes and maintaining operational resilience. As such, it\’s crucial that we understand and manage the risks faced throughout our end-to-end supply chain effectively. To support our efforts, we\’re looking for dedicated professionals to join our growing global supplier risk management team (SRM).

We are hiring a supplier Risk Manager at Flutter, where you will play a crucial role in managing and mitigating risks related to third-party suppliers. You will be responsible for developing risk management frameworks, conducting due diligence, and ensuring our suppliers align with industry regulations and internal standards. This role will require collaboration across multiple departments, including procurement, compliance, legal, and IT. You will safeguard the company\’s operations and reputation while helping to deliver on our strategic goals, including our Positive Impact Plan.

Key Responsibilities

  • Assist in the development of SRM initiatives, such as supporting ESG agenda, advancing our Positive Impact Plan, and developing Exit Plans and Business Continuity Plans.
  • Manage the implementation of Flutter’s supplier risk management framework and related processes.
  • Conduct and coordinate supplier prioritisation of Flutter’s supplier base to classify suppliers based on their criticality and risk exposure.
  • Conduct and maintain supplier risk control assessments and supplier risk profiles.
  • Coordinate ongoing risk monitoring and mitigation activities with suppliers, business, and cross-functional teams across Flutter and its subsidiaries.
  • Take a collaborative business-partnered approach to achieving business objectives with internal teams and external suppliers.
  • Build positive relationships with collaborators across Flutter\’s subsidiaries to drive Procurement Transformation and embed standard ways of working in accordance with the SRM Framework.
  • Act as the main point of contact for blocking issues at the operational level.

Reporting

  • Monitor and report on the global compliance with the SRM Policy, including providing timely and accurate critical metrics.
  • Demonstrate existing or develop targeted material to deliver actionable risk reporting to Flutter business and cross-functional teams as needed.

Additional Responsibilities

  • Offer mentorship and training to staff regarding supplier risk management, encouraging a proactive supplier risk management culture throughout Flutter.
  • Ensure the Flutter Entertainment India (FEI) SRM team is equipped to deliver on their objectives, identifying gaps and opportunities for improvement.
  • Support the preparation of information for applicable internal/external audits and external reporting disclosures.
  • Provide valuable insights to collaborators within the organisation.
  • Help the business monitor emerging/horizon risks, bringing up any critical risks to advanced collaborators and implementing risk mitigation strategies.
  • Keep updated with industry trends and regulatory requirements related to supplier risk management.
  • Participate in supplier risk committees/working groups.
  • Support the Head of Supplier Risk Management and Group SRM Senior Managers as required on any broader Risk and Assurance initiatives.

Candidate Requirements

  • Minimum of 3 years of experience in risk management, supplier/vendor/third-party management, or a related role.
  • Experience working in a global organisation, with cross-cultural and cross-regional collaboration.
  • A good understanding of the principles of risk management, control, and assurance.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong interpersonal and communication skills, with the ability to collaborate effectively with internal and external collaborators.
  • Ability to work independently and effectively prioritise tasks.
  • Strong organisational and project management skills.
  • Travel and flexibility to work across time zones may be required and may increase over time as the business evolves.

Added Advantages

  • Qualifications relating to Risk Management would be an advantage.
  • Familiarity with risk management or procurement systems (e.g., Coupa, OneTrust, Archer etc).
  • Inclusive working style that ensures consensus-based decision-making.

What’s in it for you

We are a flexible employer; whether you have personal commitments or a hobby that brings you joy, we want you to bring your best self to work and feel empowered to do so. We also like to share our success; after all you make it happen. We have an excellent benefits package that can be personalised to you:

  • Enhanced pension scheme
  • Life assurance
  • Income protection
  • £/€1,000 annual self-development learning fund
  • Invest via the Flutters Sharesave Scheme
  • Enhanced parental leave
  • Wellbeing fund (£/€250 a year)
  • Recognition programs
  • Electric car scheme, gym membership, discounts, vouchers and much more!

Flutter is an equal opportunity employer and supports workforce diversity

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Legal

  • Industries

    Entertainment Providers

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Supplier Risk Manager employer: Flutter entertainment

At Flutter Entertainment, we pride ourselves on being a flexible employer that values work-life balance and personal development. Our inclusive work culture fosters collaboration across diverse teams, providing ample opportunities for professional growth while ensuring you feel empowered to bring your best self to work. With an excellent benefits package tailored to individual needs, including a generous learning fund and wellbeing initiatives, joining our Supplier Risk Management team in Leeds means becoming part of a dynamic organisation committed to making a positive impact.
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Contact Detail:

Flutter entertainment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Supplier Risk Manager

✨Tip Number 1

Familiarise yourself with Flutter Entertainment's core values and their Positive Impact Plan. Understanding these will help you align your responses during interviews, showcasing how your experience in supplier risk management can contribute to their strategic goals.

✨Tip Number 2

Network with current or former employees of Flutter Entertainment on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations for the Supplier Risk Manager role.

✨Tip Number 3

Stay updated on industry trends and regulatory changes related to supplier risk management. Being knowledgeable about current events will not only prepare you for potential interview questions but also demonstrate your commitment to the field.

✨Tip Number 4

Prepare specific examples from your past experience that highlight your analytical and problem-solving skills. Be ready to discuss how you've successfully managed supplier risks in previous roles, as this will be crucial in demonstrating your fit for the position.

We think you need these skills to ace Supplier Risk Manager

Risk Management
Supplier/Vendor Management
Due Diligence
Regulatory Compliance
Analytical Skills
Problem-Solving Skills
Interpersonal Skills
Communication Skills
Project Management
Organisational Skills
Cross-Functional Collaboration
Business Continuity Planning
ESG Knowledge
Emerging Risk Monitoring
Familiarity with Risk Management Systems

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk management and supplier/vendor management. Use specific examples that demonstrate your ability to develop risk management frameworks and conduct due diligence.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Flutter Entertainment. Mention how your skills align with their requirements, particularly in managing supplier risks and collaborating across departments.

Showcase Analytical Skills: Since the role requires excellent analytical and problem-solving skills, include examples in your application that showcase these abilities. Discuss any relevant projects where you successfully identified and mitigated risks.

Highlight Communication Skills: Effective communication is key for this position. Provide examples of how you've successfully collaborated with internal teams and external suppliers in your previous roles, emphasising your interpersonal skills.

How to prepare for a job interview at Flutter entertainment

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Supplier Risk Manager. Familiarise yourself with risk management frameworks and how they apply to third-party suppliers, as this will help you answer questions confidently.

✨Showcase Your Experience

Prepare to discuss your previous experience in risk management or supplier/vendor management. Highlight specific examples where you've successfully identified and mitigated risks, as this will demonstrate your capability for the role.

✨Emphasise Collaboration Skills

Since the role requires working across multiple departments, be ready to talk about your collaboration skills. Share examples of how you've effectively partnered with different teams to achieve common goals.

✨Stay Updated on Industry Trends

Research current trends and regulations in supplier risk management. Being knowledgeable about industry standards will show your commitment to the field and your proactive approach to risk management.

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