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- Tasks: Assess and manage risks from third-party suppliers while ensuring compliance and performance.
- Company: Leading global law firm known for high-quality work and client service.
- Benefits: Competitive salary, performance bonuses, health insurance, and wellness initiatives.
- Why this job: Join a collaborative team and make a real impact on vendor risk management.
- Qualifications: Strong analytical skills and experience in vendor risk management or compliance.
- Other info: Flexible hybrid working arrangement with excellent career development opportunities.
The predicted salary is between 36000 - 60000 £ per year.
A leading global law firm known for its high-quality work and client service is seeking a Vendor Risk Management Senior Analyst to join its operations team. The firm is committed to recruiting and developing top talent, fostering a culture built on respect, innovation, and collaboration.
About the Role
The Vendor Risk Management Senior Analyst will play a key role within the global procurement function, taking ownership of assessing, monitoring, and mitigating risks associated with third-party suppliers. You will lead detailed due-diligence activities for both new and existing vendors, evaluate risk profiles, identify vulnerabilities, and categorise suppliers according to risk level. This role is based in Manchester, with the potential for a flexible hybrid working arrangement. There is an opportunity to help develop the department and help to migrate all new and existing vendors through a central function.
Key Responsibilities
- Oversee vendor performance and compliance with contractual and regulatory requirements, producing clear reports and dashboards to brief senior stakeholders.
- Support the development and implementation of risk mitigation plans, working closely with internal teams and external partners to maintain strong risk management practices.
- Analyse vendor performance data to assess quality, cost efficiency, and compliance, providing strategic recommendations for enhancements and cost-saving initiatives.
- Coordinate and lead vendor audits to ensure adherence to organisational policies and industry standards, documenting outcomes and managing follow-up actions.
- Contribute to the ongoing refinement of vendor risk management policies, ensuring alignment with industry best practices and evolving regulatory expectations.
About You
We'd love to hear from you if you:
- Have strong analytical capabilities and experience with data analysis tools.
- Thrive in a team-focused environment with a strong customer-service mindset.
- Communicate confidently, both in writing and verbally, especially when presenting to senior leadership.
Requirements
- Bachelor's degree or equivalent.
- Professional certification or further training in a relevant field (preferred).
- Experience in vendor risk management, compliance, or a related function.
- Background in a professional services environment or large corporate organisation is advantageous.
Benefits & Additional Information
Successful candidates will join a supportive and collaborative environment with excellent career development opportunities. The firm offers a competitive compensation package, including performance-based bonuses and a comprehensive benefits programme, which may include:
- Health insurance, income protection, and life assurance
- Pension scheme
- Wellness initiatives
- Employee discounts
- And more
The organisation also provides a variety of global affinity and networking groups that offer a platform for community, shared experiences, and professional support. This employer is committed to equal opportunities and prohibits discrimination of any kind.
Vendor Risk Management Senior Analyst in Bolton employer: Procurement People
Contact Detail:
Procurement People Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vendor Risk Management Senior Analyst in Bolton
✨Tip Number 1
Network like a pro! Reach out to current or former employees of the firm on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching the firm's recent projects and values. We want to see how you can fit into their culture and contribute to their goals, so be ready to share how your skills align with their needs.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to vendor risk management. We know it can be nerve-wracking, but being well-prepared will help you communicate your experience confidently.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email reiterating your interest in the role can leave a positive impression. Plus, it shows that you’re genuinely keen on joining their team.
We think you need these skills to ace Vendor Risk Management Senior Analyst in Bolton
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Vendor Risk Management role. Highlight your analytical capabilities and any relevant certifications to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about vendor risk management and how you can contribute to our team. Keep it concise but impactful.
Showcase Your Team Spirit: We love a collaborative mindset! In your application, mention any experiences where you've worked in teams or provided excellent customer service. It’s all about showing us you thrive in a supportive environment.
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 this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at Procurement People
✨Know Your Vendors Inside Out
Before the interview, dive deep into the vendors the firm works with. Understand their risk profiles and any recent news or changes in their operations. This will not only show your analytical skills but also your genuine interest in the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific data analysis tools you’ve used in previous roles. Bring examples of how you've assessed vendor performance or mitigated risks. Being able to articulate your experience with real data will impress the interviewers.
✨Communicate Clearly and Confidently
Practice articulating your thoughts on vendor risk management clearly. You might be asked to present findings or recommendations, so being concise and confident is key. Consider doing mock interviews with a friend to refine your delivery.
✨Emphasise Team Collaboration
This role thrives in a team-focused environment, so be ready to share examples of how you've successfully collaborated with others. Highlight any experiences where you worked closely with internal teams or external partners to achieve common goals.
