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For Companies At a Glance
- Tasks: Assess and manage risks from third-party suppliers while ensuring compliance and performance.
- Company: A leading global law firm known for high-quality work and client service.
- Benefits: Flexible hybrid working, competitive salary, and opportunities for professional development.
- Why this job: Join a dynamic team and make a real impact on vendor risk management.
- Qualifications: Strong analytical skills and experience in vendor risk management or compliance.
- Other info: Opportunity to develop the department and enhance your career in a supportive environment.
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.
Vendor Risk Management Senior Analyst 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
✨Tip Number 1
Network like a pro! Reach out to connections in the legal and procurement sectors. Attend industry events or webinars to meet potential employers and get your name out there.
✨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.
✨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.
✨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 are proactive about their job search.
We think you need these skills to ace Vendor Risk Management Senior Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Vendor Risk Management role. Highlight your experience in vendor risk management and any relevant analytical skills. We want to see how your background aligns with what we're looking for!
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, as these are key for us.
Showcase Your Analytical Skills: Since strong analytical capabilities are crucial for this position, make sure to include specific examples of how you've used data analysis tools in your previous roles. We love seeing concrete evidence of your skills!
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 shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Procurement People
✨Know Your Vendors
Before the interview, research the firm's key vendors and their risk profiles. Understanding the specific challenges and compliance requirements associated with these suppliers will show your analytical capabilities and readiness to tackle the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data analysis tools. Bring examples of how you've used data to assess vendor performance or mitigate risks in previous roles. This will demonstrate your strong analytical capabilities and how you can contribute to the firm's objectives.
✨Communicate Clearly
Practice articulating your thoughts clearly and confidently, especially when discussing complex topics like risk management. Being able to present information effectively to senior leadership is crucial, so consider doing mock interviews with a friend or mentor.
✨Emphasise Team Collaboration
Highlight your experience working in team-focused environments. Share examples of how you've collaborated with internal teams or external partners to develop risk mitigation plans. This will align with the firm's culture of respect and innovation.
