Supplier Risk Analyst in London

Supplier Risk Analyst in London

London Full-Time 55000 - 65000 £ / year (est.) Home office (partial)
Marex Group

At a Glance

  • Tasks: Assess supplier risks, maintain registers, and support governance projects.
  • Company: Join Marex Group, a global leader in financial services.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
  • Other info: Collaborative team atmosphere with a focus on diversity and inclusion.
  • Why this job: Make a real impact by managing supplier risks in a dynamic environment.
  • Qualifications: 3+ years in third-party risk management and strong stakeholder skills.

The predicted salary is between 55000 - 65000 £ per year.

About Marex Group plc: Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group offers comprehensive coverage across four core services – clearing, agency and execution, market making, and hedging and investment solutions – with access to more than 60 exchanges. It serves large commodity producers, consumers, traders, banks, hedge funds and asset managers, and operates over 2,300 employees in more than 40 offices worldwide.

Role Overview: Marex’s Supplier Management team maintains a robust governance framework to mitigate supplier risk and deliver value throughout the supplier lifecycle. The Supplier Risk Management Associate reports to the Head of Supplier Management and supports day‑to‑day supplier risk activities as well as wider third‑party projects and initiatives to ensure strong governance and oversight of the firm’s Supplier Management policies and procedures.

Responsibilities:

  • Third‑Party Risk Assessment Reviews: Assess supplier contract requests in line with the firm’s risk policies, identify risks requiring further due diligence, and ensure key contractual steps are followed. Highlight and implement process or control improvements where necessary.
  • Critical Third‑Party Risk Registers: Maintain the Critical Third‑Party Risk Registers, liaise with internal stakeholders for exit plans and performance assessments, and provide Risk Register reports to key stakeholders as needed.
  • Risk Domain Engagement: Build strong engagement with all risk domain teams, understand each team’s risk review process, identify enhancements to current procedures, and raise any potential third‑party risks as required.
  • Third‑Party Risk Initiatives: Support various third‑party governance projects, ensure accurate supplier information is obtained and shared, and meet regulatory expectations. Facilitate governance meetings, create agendas, share key actions, and promote cross‑team collaboration.
  • Supplier Contract Reviews: Assist the Legal team in identifying supplier contracts that may need updates or cancellations due to legislative or internal company changes.
  • Policy, Procedures & Guidance Documents: Help develop and maintain the Supplier Management Policy & Procedures. Keep all third‑party risk management documentation and reports up‑to‑date, and produce concise guidance documents for stakeholders.

Skills & Experience:

  • Essential: Proven experience in third‑party risk management within a global firm, ideally a minimum of 3 years. Strong stakeholder relationship skills and collaborative influence across teams. Sound project‑management ability, delivering clear updates and reporting progress to achieve key initiatives. Logical, flexible problem‑solving skills tailored to the firm’s needs. Proactive and independent work style. Capability to identify improvements in third‑party risk controls and processes. Background in managing risk‑management activities that support an end‑to‑end supplier contract process.
  • Desirable: Prior experience in a financial services organization. Knowledge of key regulations affecting third parties. Experience in procurement or sourcing.

Competencies:

  • Excellent verbal and written communication skills, comfortable engaging with senior stakeholders.
  • Collaborative team player who is approachable, self‑efficient, and fosters a positive work environment.
  • Curious thinker with a resilient, fast‑paced approach to work.
  • Strong sense of responsibility in high‑volume, high‑pressure contexts.
  • Excellent relationship building, networking and influencing skills.
  • Focused, diligent, and attentive to detail.
  • Analytical approach to data management and reporting.

Inclusive Employer Statement: Marex is committed to being an inclusive employer, providing an accessible recruitment process for all and offering reasonable adjustments to remove any disadvantage. We value diverse workforces and welcome applicants returning to the workforce.

Supplier Risk Analyst in London employer: Marex Group

Marex Group plc is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within the financial services sector. With a commitment to employee growth, Marex provides comprehensive training and development opportunities, ensuring that team members can thrive in their careers while contributing to meaningful projects that mitigate supplier risk. Located in a global hub, employees benefit from a diverse and inclusive culture, competitive compensation, and the chance to engage with a wide range of stakeholders across various markets.

Marex Group

Contact Details:

Marex Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Supplier Risk Analyst in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Marex Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Supplier Risk Analyst in London

Third-Party Risk Management
Stakeholder Relationship Skills
Project Management
Problem-Solving Skills
Risk Assessment
Supplier Contract Review
Regulatory Knowledge

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Marex Group.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Marex Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Marex Group

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Marex Group.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Marex Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Marex Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.