Risk Manager

2 weeks ago


Newcastle upon Tyne, United Kingdom CLIFFORD CHANCE Full time

This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community.
This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community.
providing commercial and strategic advice and support to our stakeholders regarding pre- and post-contract management processes, supporting the implementation of our supplier management and sustainable procurement programmes, and providing commercial training to empower and equip our stakeholders and ensure compliance with our procurement policies and procedures.
As a member of the wider Procurement team, the Supplier Risk Manager is expected to provide robust management and tracking of the risk control status for all key suppliers and, working with key stakeholders, ensure the development of supplier onboarding and in-life cycle risk management plans.
This role may require infrequent travel to other Clifford Chance global offices, but it is expected that most work will be undertaken within Newcastle.
Clifford Chance won the Outstanding Diversity and Inclusion Practices in Procurement Teams award at the CIPS Excellence in Procurement Awards 2020. Please refer to the 'News' section of our Supplier Management website for more detail and other initiatives we have been involved in.
Client and Business Development teams to provide responses to client queries and audits.
Information Security, Data Privacy & Compliance & Legal Teams to address supplier risks and issues and assist supplier assurance activities.
Global stakeholders (internal) including senior levels.
You will be responsible for delivery and implementation of the firm's supplier risk management approach, including the training and upskill of Contract Managers and Owners to support compliance with our procurement policies and procedures, and collaboration with key stakeholder groups to ensure appropriate implementation of our SRM Framework and oversight and management of supplier risk across multiple risk domains (regulatory, operational, financial, contractual, etc.)
To act as an expert and advisor across all areas of supplier relationship management and supplier related risk.
To develop and help other members of the Procurement department, as required.
To influence our supplier risk management approach and strategy; driving the delivery of our responsible business commitments and supplier standards. 
To review the tiering level of our suppliers on an annual basis to ensure an appropriate level of oversight and management is applied, including on-going assurance activities for high-risk suppliers.
To identify and maintain an inventory of our critical and important supplier relationships.
To ensure appropriate controls are in place to support compliance with the minimum standards outlined in the Supplier Management Framework, Procurement, Finance and Professional Standards & Risk Management policies, including on-going monitoring and reporting.
To work with the Procurement Operations Team to report non-compliance with SRM Framework minimum standards and processes, including working with Contract Managers, Suppliers and Sourcing Team to reduce percentage of non-compliance over time.
To leverage data analytics to identify opportunities to drive greater value -consider reporting and data to drive the right behaviours, including supplier risk management and sustainability reporting.
To manage and resolve any ad-hoc user queries on key supplier management topics, e.g., service improvement planning, exit management, etc.
To provide visibility of the financial stability of our key suppliers, sharing financial reporting information with Sourcing Managers, as appropriate, to inform decision making and next steps.
To provide training and upskill as part of the SRM Learning Programme to contract managers and owners, including tailored guidance for each region / office to ensure the commitments we've made (client, legal, regulatory, and voluntary) are addressed and reported on.
To stay abreast of external market best practice regarding supplier risk management and assurance, maintaining and sharing thought leadership.
To lead initiatives to ensure growing compliance and adherence to the firm's global procurement policies.
Demonstrable working knowledge in supplier risk and contract management, supplier due diligence and assurance activities and supplier management programme management, including reporting and measurement from a similar or comparable organisation.
Good working knowledge and understanding of the principles of risk management, control, and assurance, including knowledge experience of implementing supplier risk management programmes. 
Experience of collaborating with different regions to support oversight and assurance activities, including supplier performance and risk management.
Experience of presenting to senior leadership teams and project committees to support approvals and programme implementation and rollout.
A good understanding of the principles of risk management, control, and assurance, including, but not limited to, data privacy, information security, financial risk management, AB&C, modern slavery, business continuity, etc.
A good understanding of national and international regulation, UN Guiding Principles, OECD Guidelines on Responsible Business Conduct, etc., and the implementation of them within a global supply chain.
Flexible and effective written, verbal, and interpersonal skills.
Proficient in Microsoft Office suite (incl. Excel, Word, PowerPoint).
From your first day with us, you will have varied opportunities to continuously grow and development your skills and knowledge. From formal training, informal coaching and mentoring through to skills-based and technical training and on the job learning.
We are one of the largest international law firms in the world. With over 30 offices across the globe, we strive to exceed the expectations of our clients, providing them with the highest-quality advice and legal insight, which combines the firm’s global standards with in-depth local expertise.
Our firm, work and people span jurisdictions, cultures, and languages. We believe every career should be rewarding and stimulating - full of opportunities to learn, thrive, and grow. You’ll find our clients in commercial and industrial sectors, the financial investor community, governments, regulators, trade bodies, and not-for-profit organisations. But no matter who they are or why they’ve reached out to us, we provide a world-class service every step of the way. Whichever area of the business you join, you’ll become an integral part an innovative, diverse and ambitious team of people. Hybrid Working
This role follows our 'balanced' hybrid working approach and as long as business needs allow, you will be supported to work in a hybrid way with the expectation of working from the office for a minimum of 50% of your time.
At Clifford Chance, we understand that our true asset is our people. Inclusion is good for our team and their families, our firm and society.
We are committed to treating all employees and applicants fairly and equally regardless of their gender, gender identity and expression, marital or civil partnership status, race, colour, national or ethnic origin, social or economic background, disability, religious belief, sexual orientation, or age. This applies to recruitment and selection, terms and conditions of employment including pay, promotion, training, transfer and every other aspect of employment.
We have a variety of flourishing employee networks. These networks are a place for colleagues to share experiences and advocate for change wherever they see an opportunity for improvement.
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