Supplier Risk Analyst

Supplier Risk Analyst

Full-Time 50000 - 60000 € / year (est.) No home office possible
Marex

At a Glance

  • Tasks: Support supplier risk management and ensure compliance with governance policies.
  • Company: Join Marex, a global leader in financial services with a diverse and inclusive culture.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Dynamic work environment with a commitment to inclusivity and career development.
  • Why this job: Make an impact in risk management while collaborating with diverse teams across the globe.
  • Qualifications: Experience in third-party risk management and strong stakeholder engagement skills.

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

About 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 provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.

The Supplier Management function is responsible for providing a robust and efficient governance framework to help mitigate supplier risk and deliver value throughout the supplier lifecycle. The Supplier Management team continues to build out a team of highly skilled risk and procurement professionals to support the firm in meeting its strategic objectives. We are seeking an individual to support on both day‑to‑day supplier risk activities as well as wider third‑party projects and initiatives to ensure continued strong governance and oversight of the firm’s Supplier Management policies and procedures.

The Supplier Risk Management Associate role reports to the Head of Supplier Management and will be responsible for supporting the function’s risk management activities. In this role you will support in risk assessing third‑party contract requests against agreed risk criteria, liaise with key risk domain teams (such as financial crime, data privacy, information security & business resilience teams) to ensure any associated risks are satisfactorily identified and mitigated, manage the firm’s register of critical vendors, create risk reports for various key stakeholders and provide support to various third‑party regulatory projects to ensure compliance.

Responsibilities
  • Assess supplier contract requests in line with the firm’s risk policies.
  • Identify any risks that require further due diligence.
  • Ensure key supplier contract request steps are followed and that any process or control improvements are highlighted and implemented.
  • Ensure that the Critical Third‑Party Risk Registers are up‑to‑date, liaise with internal stakeholders to obtain exit plans and performance assessments and understand any changes to risk profiles.
  • Assist in providing Risk Register reports to key stakeholders as required.
  • Build strong engagement with all risk domain teams, understand their respective risk review process, identify any enhancements to current procedures, escalating any potential third‑party risks as needed.
  • Support on various third‑party governance projects and initiatives that ensure that appropriate supplier information is obtained and shared and that all regulatory expectations are satisfactorily met.
  • Support the Legal team to identify supplier contracts that may require updates or cancelling due to legislative or internal company changes.
  • Support in developing and maintaining the Supplier Management Policy & Procedures.
  • Ensure all third‑party risk management documentation and reports are up‑to‑date and maintained.
  • Produce short guidance documents as needed to stakeholders that provide clear and concise information.
Skills & ExperienceEssential
  • Proven experience of working in the third‑party risk management function within a global firm, ideally for a minimum period of 3 years.
  • Proven ability to build strong stakeholder relationships across a range of different business teams, be able to successfully influence in a collaborative manner.
  • Possess strong project management skills with a background in delivering clear updates, ability to continuously chart and report on progress through to the successful outcome of all key initiatives.
  • Must have the ability to come up with logical and flexible solutions that are fit for purpose and meet the firm’s requirements.
  • Capable of working pro‑actively and independently.
  • Be able to identify areas of improvements to current third‑party risk controls and processes.
  • Have a background in managing risk management activities that support an efficient end‑to‑end supplier contract process.
Desirable
  • Previous experience within a Financial Services organization.
  • Working knowledge of key regulations that impact a firm’s third‑parties.
  • Experience in procurement or sourcing.
Competencies
  • Excellent verbal and written communication skills.
  • Be comfortable in engaging with senior stakeholders across the firm.
  • A collaborative team player, approachable, self‑efficient and influences a positive work environment.
  • Demonstrates curiosity.
  • Resilient in a challenging, fast‑paced environment.
  • Ability to take a high level of responsibility in a fast pace and high‑volume environment.
  • Excels at building relationships, networking and influencing others.
  • Focused and diligent.
  • Attention to detail always.
  • Takes an analytical approach to data management and reporting.

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce.

Supplier Risk Analyst employer: Marex

Marex Group plc is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within the financial services sector. With a strong 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 shape the future of global markets. Located in a vibrant city with access to a diverse range of resources and networking opportunities, Marex stands out as a place where employees are valued and empowered to make a real impact.

Marex

Contact Detail:

Marex Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Supplier Risk Analyst

Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already working at Marex. A friendly chat can open doors and give you insider info on the company culture and what they really value in candidates.

Tip Number 2

Prepare for interviews by diving deep into Marex's services and recent news. Show us that you’re not just another candidate; demonstrate your knowledge about their operations and how you can contribute to their Supplier Management function.

Tip Number 3

Practice your responses to common interview questions, but keep it natural. We want to see your personality shine through, so don’t be afraid to share your experiences and how they relate to the role of Supplier Risk Analyst.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Marex team. Don’t miss out on this opportunity!

We think you need these skills to ace Supplier Risk Analyst

Third-Party Risk Management
Stakeholder Relationship Management
Project Management
Risk Assessment
Regulatory Compliance
Data Privacy
Information Security

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Supplier Risk Analyst role. Highlight your experience in third-party risk management and any relevant skills that match the job description. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about supplier risk management and how your background aligns with Marex's goals. Keep it engaging and personal – we love a good story!

Showcase Your Communication Skills:Since this role involves liaising with various teams, make sure to demonstrate your excellent verbal and written communication skills in your application. We want to know how you can effectively engage with stakeholders and influence positive outcomes.

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 gives you a chance to explore more about Marex and what we stand for.

How to prepare for a job interview at Marex

Know Your Risk Management Basics

Before heading into the interview, brush up on your knowledge of third-party risk management. Understand the key regulations and frameworks that impact supplier relationships, as well as Marex's specific risk policies. This will show that you're not just familiar with the role but also genuinely interested in how it fits within the company's operations.

Showcase Your Stakeholder Engagement Skills

Marex values strong relationships across various teams. Prepare examples from your past experiences where you've successfully collaborated with different stakeholders. Highlight how you influenced decisions or improved processes through effective communication and teamwork.

Demonstrate Analytical Thinking

As a Supplier Risk Analyst, you'll need to assess risks and provide solutions. Be ready to discuss how you've approached risk assessments in previous roles. Use specific examples to illustrate your analytical skills and how you've identified areas for improvement in risk controls or processes.

Prepare Questions About Their Governance Framework

Show your interest in Marex by preparing thoughtful questions about their Supplier Management function and governance framework. Ask about their current challenges in supplier risk management or how they measure the success of their initiatives. This demonstrates your proactive mindset and eagerness to contribute.