At a Glance
- Tasks: Manage technology supplier contracts and drive performance while mitigating risks.
- Company: M&G, a leading international savings and investments business with over 170 years of experience.
- Benefits: Flexible working arrangements, hybrid model, and inclusive workplace culture.
- Other info: Opportunity for career growth in a supportive and diverse environment.
- Why this job: Join a dynamic team and make a real impact in the financial services sector.
- Qualifications: Experience in technology supplier contract management and strong stakeholder communication skills.
The predicted salary is between 42184 - 50000 £ per year.
At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.
AMS is a global workforce solutions partner committed to creating inclusive, dynamic, and future-ready workplaces. We help organisations adapt, grow, and thrive in an ever-evolving world by building, shaping, and optimising diverse talent strategies. We partner with M&G to support their contingent recruitment processes.
On behalf of M&G, AMS are looking for a Commercial Contract Manager for a 6-month contract based in Stirling, Reading or London. It is a hybrid model working 2 days on site minimal. We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.
Purpose of the role: The Commercial Contract Manager will provide specialist commercial contract management support across M&G's technology supplier landscape, ensuring key supplier agreements are effectively governed, commercially optimised and aligned to business, technology and regulatory requirements. Working across Technology, Procurement and business stakeholders, the contractor will drive supplier performance, manage commercial risk, support contract renewals and extensions, and provide clear insight to support decision-making.
Key Responsibilities for this role:
- Manage a portfolio of strategic technology supplier contracts, providing strong commercial oversight across performance, risk, cost and contractual obligations.
- Lead supplier governance activities, ensuring issues, risks, actions and service improvements are identified, tracked and resolved.
- Support contract renewals, extensions, variations and Statements of Work, working closely with Procurement and key business stakeholders.
- Provide commercial insight and recommendations to support supplier strategy, investment decisions, risk management and value delivery.
- Identify opportunities to optimise supplier spend, improve commercial outcomes and drive greater value from existing agreements.
- Partner with Technology, Procurement, Legal, Risk and Finance teams to ensure supplier arrangements remain compliant, well-governed and aligned to business priorities.
- Produce clear reporting, decision papers and executive updates on supplier performance, commercial exposure and key contract milestones.
- Build effective stakeholder and supplier relationships while maintaining appropriate commercial challenge and accountability.
Key Knowledge, Skills & Experience:
- Technology supplier contract management experience.
- Financial services or regulated industry background.
- Strong supplier governance and performance management skills.
- Experience supporting contract renewals and commercial negotiations.
- Good understanding of commercial terms, pricing models and contract risk.
- Proven ability to identify cost savings and value opportunities.
- Strong stakeholder management and communication skills.
- Excellent analytical and problem-solving capability.
- Ability to work independently and deliver at pace.
- Experience working with Procurement, Legal, Risk and Technology teams.
We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Commercial Contract Manager employer: M&G CWS
At M, we pride ourselves on fostering a vibrant work culture that champions inclusivity and innovation, making it an ideal environment for Financial Crime Compliance Monitoring & Testing Consultants. Our commitment to employee growth is reflected in our tailored development programmes and the opportunity to work alongside industry leaders in a dynamic global setting. Join us in a location that not only supports your career aspirations but also values your contributions to creating safer financial landscapes.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Contract Manager
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like M&G CWS.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like M&G CWS might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Commercial Contract Manager
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at M&G CWS will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at M&G CWS. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give M&G CWS confidence in your short-term commitment to the role.
How to prepare for a job interview at M&G CWS
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with M&G CWS.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure M&G CWS that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.