Third Party Risk and Contracts Manager
Third Party Risk and Contracts Manager

Third Party Risk and Contracts Manager

Full-Time 50000 - 60000 £ / year (est.) No home office possible
LGPS Central

At a Glance

  • Tasks: Develop and manage a robust third-party risk framework while overseeing supplier performance.
  • Company: Join a forward-thinking organisation shaping the future of LGPS pooling.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Why this job: Play a key role in safeguarding operational resilience and regulatory compliance.
  • Qualifications: Experience in procurement, contract management, and vendor oversight is essential.
  • Other info: Be part of a dynamic team focused on innovation and excellence.

The predicted salary is between 50000 - 60000 £ per year.

Join us at a pivotal moment, where procurement expertise, contract management, and vendor oversight come together to shape the future of LGPS pooling. The Third Party Risk and Contracts Manager is responsible for developing, implementing, and maintaining a robust third-party risk management framework and to oversee the effective and efficient performance of suppliers. This role is to ensure that all vendors, service providers, and outsourced partners meet regulatory requirements and align with the firm’s risk appetite and supplier performance achieves LGPS Central’s objectives. This role is critical in safeguarding operational resilience, regulatory compliance, and protecting the firm’s reputation.

What you'll be doing:

  • Framework Development

Third Party Risk and Contracts Manager employer: LGPS Central

At LGPS Central, we pride ourselves on being an excellent employer that fosters a collaborative and innovative work culture. Our commitment to employee growth is evident through tailored development programmes and opportunities for advancement within the organisation. Located in a vibrant area, we offer competitive benefits and a supportive environment where your contributions directly impact our mission of effective vendor management and operational excellence.
LGPS Central

Contact Detail:

LGPS Central Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Third Party Risk and Contracts Manager

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend relevant events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its values. Understand their approach to third-party risk management and be ready to discuss how your skills align with their objectives. This shows you're genuinely interested and well-prepared.

✨Tip Number 3

Practice your responses to common interview questions, especially those related to procurement and vendor oversight. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Third Party Risk and Contracts Manager

Procurement Expertise
Contract Management
Vendor Oversight
Third-Party Risk Management
Regulatory Compliance
Risk Appetite Assessment
Supplier Performance Evaluation
Operational Resilience
Framework Development
Stakeholder Engagement
Analytical Skills
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Third Party Risk and Contracts Manager role. Highlight your procurement expertise and any relevant experience in contract management and vendor oversight. We want to see how your skills align with our needs!

Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to develop and implement risk management frameworks. Use metrics where possible to show how you’ve positively impacted supplier performance and compliance.

Be Clear and Concise: Keep your application clear and to the point. Avoid jargon unless it’s relevant to the role. We appreciate straightforward communication, so make sure your key points stand out and are easy to read.

Apply Through Our Website: We encourage you to apply directly through our website. This ensures your application gets to us quickly and efficiently. Plus, it’s a great way to explore more about our company culture and values while you’re at it!

How to prepare for a job interview at LGPS Central

✨Know Your Frameworks

Make sure you’re well-versed in third-party risk management frameworks. Brush up on the latest regulations and best practices, as this role is all about ensuring compliance and operational resilience. Being able to discuss specific frameworks will show your expertise and readiness for the role.

✨Showcase Your Procurement Skills

Prepare examples of how you've successfully managed contracts and vendor relationships in the past. Think about challenges you faced and how you overcame them. This will demonstrate your ability to oversee supplier performance and align with the firm’s objectives.

✨Understand the Firm's Risk Appetite

Research LGPS Central’s risk appetite and values. Be ready to discuss how you would ensure that vendors align with these standards. Showing that you understand their priorities will highlight your commitment to safeguarding the firm's reputation.

✨Ask Insightful Questions

Prepare thoughtful questions about the company’s current vendor management processes and any challenges they face. This not only shows your interest in the role but also gives you a chance to demonstrate your strategic thinking and problem-solving skills.

Third Party Risk and Contracts Manager
LGPS Central

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