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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 categorize 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 Senior Analyst in Manchester employer: Procurement People
Contact Detail:
Procurement People Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vendor Risk Senior Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to connections in the legal and procurement sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the firm’s values and recent projects. Tailor your responses to show how your skills align with their commitment to quality and client service. We want to see you shine!
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've assessed vendor risks or improved compliance in past roles. Use data to back up your achievements – numbers speak volumes!
✨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 that extra step to connect directly with us.
We think you need these skills to ace Vendor Risk Senior Analyst in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Vendor Risk Management role. Highlight your analytical capabilities and any relevant experience in vendor risk management or compliance 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 this role and how you can contribute to our team. Be sure to mention your customer-service mindset and teamwork skills.
Showcase Your Communication Skills: Since you'll be presenting to senior leadership, it's crucial to demonstrate your strong communication skills. Use clear and concise language in your application to show us you can convey complex information effectively.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Procurement People
✨Know Your Vendors Inside Out
Before the interview, dive deep into the vendor risk management landscape. Familiarise yourself with common risks associated with third-party suppliers and be ready to discuss how you would assess and mitigate these risks. This shows your proactive approach and understanding of the role.
✨Showcase Your Analytical Skills
Since strong analytical capabilities are key for this position, prepare to discuss specific data analysis tools you've used in the past. Bring examples of how you've analysed vendor performance data and made strategic recommendations. This will highlight your practical experience and problem-solving skills.
✨Communicate with Confidence
Practice articulating your thoughts clearly and confidently, especially when discussing complex topics like compliance and risk management. Consider doing mock interviews with a friend or using video recordings to refine your delivery. Remember, effective communication is crucial when presenting to senior leadership.
✨Emphasise Team Collaboration
This role thrives in a team-focused environment, so be prepared to share examples of how you've successfully collaborated with internal teams and external partners. Highlight any experiences where you contributed to developing risk mitigation plans or led vendor audits, showcasing your ability to work well with others.
