At a Glance
- Tasks: Conduct vendor assessments and analyse performance in the lending industry.
- Company: Top-tier consultancy with a focus on financial services.
- Benefits: Competitive day rate, hybrid work model, and professional growth opportunities.
- Other info: Exciting 7-week project starting soon with potential for future opportunities.
- Why this job: Join a dynamic team and make impactful decisions in vendor management.
- Qualifications: Experience in consultancy and vendor due diligence required.
The predicted salary is between 60000 - 80000 € per year.
Roles: Engagement Managers and Consultant - Senior Consultant ~ Financial Services (Lending)
The project: A top-tier consultancy is hiring at Consultant, Senior Consultant and Engagement Manager levels for 2 Vendor Due Diligence Projects which are running in parallel across the lending industry.
Responsibilities:
- Conduct end-to-end assessment of third-party vendors/suppliers, evaluating capability, reliability, and strategic fit with client requirements.
- Assess vendor operational performance, including service delivery quality, capacity, scalability, and track record across comparable engagements.
- Evaluate commercial and contractual terms, reviewing pricing structures, cost drivers, SLAs, and risk allocation to ensure competitiveness and alignment.
- Perform risk assessment, identifying operational, financial, regulatory, and reputational risks associated with vendor selection and ongoing engagement.
- Analyse financial stability of vendors, including revenue profile, profitability, and sustainability to ensure long-term viability.
- Lead stakeholder interviews, engaging internal teams (procurement, operations, IT) and external vendor representatives to validate capabilities and claims.
- Benchmark vendors against market alternatives, assessing relative strengths, weaknesses, and differentiation across the supplier landscape.
- Review governance and delivery models, including resourcing structures, escalation processes, and performance management frameworks.
- Assess technology, systems, and integration capabilities, where relevant, ensuring compatibility with client infrastructure and future requirements.
- Develop vendor evaluation frameworks and scoring models, supporting objective comparison and recommendation of preferred suppliers.
- Synthesize findings into clear recommendations, providing a fact-based view on vendor selection, negotiation levers, and areas for risk mitigation.
Requirements:
- MBB or Top-tier Consultancy experience.
- Experience of leading/supporting Vendor Due Diligence projects.
- Exposure to Motor or Property lending industries, or Financial Services.
- Excellent communication and presenting skills.
- Excellent client management and communication.
Details:
- Start Date: Monday 25th May 2026
- Duration: 7 Weeks
- Day Rate: DOE - PAYE set up
- Location: London ~ Hybrid
Consultant employer: Freshminds
As a leading consultancy in the financial services sector, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our London-based team enjoys the unique advantage of hybrid working, allowing for flexibility while collaborating on impactful projects within the lending industry. With competitive remuneration and opportunities to engage with top-tier clients, we are committed to providing meaningful and rewarding employment for our consultants.
StudySmarter Expert Advice🤫
We think this is how you could land Consultant
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews! Research the company and the specific projects they're working on, especially in vendor due diligence. Tailor your responses to highlight your relevant experience and how it aligns with their needs.
✨Tip Number 3
Showcase your skills! Bring along examples of your past work, especially any vendor assessments or risk evaluations you've done. This will help you stand out and demonstrate your expertise in the field.
✨Tip Number 4
Don't forget to apply through our website! We make it easy for you to find roles that match your skills and interests. Plus, it shows you're serious about joining our team!
We think you need these skills to ace Consultant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Consultant role. Highlight your experience in vendor due diligence and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background fits the job description. We love seeing genuine enthusiasm and a clear connection to our work.
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your application reflects that. Use clear, concise language and structure your documents well. We appreciate clarity and professionalism in all our candidates.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at Freshminds
✨Know Your Vendors Inside Out
Before the interview, dive deep into the vendor landscape relevant to the financial services sector. Understand key players, their strengths and weaknesses, and recent trends in vendor due diligence. This will not only show your expertise but also help you engage in meaningful discussions.
✨Master the Art of Communication
Given the emphasis on stakeholder interviews and client management, practice articulating your thoughts clearly and confidently. Use examples from your past experiences to demonstrate your communication skills, especially in complex situations involving multiple stakeholders.
✨Showcase Your Analytical Skills
Prepare to discuss how you approach risk assessments and vendor evaluations. Bring examples of frameworks or models you've developed in previous roles. This will highlight your analytical mindset and ability to synthesise findings into actionable recommendations.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your problem-solving abilities in real-world situations. Think about challenges you've faced in vendor due diligence projects and how you overcame them. This will showcase your practical experience and strategic thinking.
