Procurement Specialist

2 weeks ago

Cheltenham, Gloucestershire, United Kingdom PoloWorks Full time
Job Title: Contract and Procurement Specialist

We are seeking a highly skilled Contract and Procurement Specialist to join our team at PoloWorks. As a key member of our procurement team, you will be responsible for managing third-party vendors and ensuring the smooth delivery of our services.

Key Responsibilities:
  • Support the Third-Party Oversight Function (TPOF) in managing all necessary activities related to overseeing third parties, including onboarding, risk assessments, due diligence, contracting, and ongoing monitoring/reporting.
  • Maintain and update the third-party register by gathering information from various sources, such as contracts, Statements of Work (SoW), Master Service Agreements (MSA), Data Processing Agreements (DPA), due diligence documents, Key Performance Indicators (KPIs), and Service Level Agreements (SLAs).
  • Support the population and production of end-to-end third-party risk management reporting dashboards.
  • Conduct financial due diligence checks on third parties and escalate any issues to the Finance Team.
  • Review onboarding materials, including the initial supplier assessment, materiality assessment, and annual review documentation.
  • Assist with the onboarding and implementation of a new Contract Lifecycle Management (CLM) tool for storing all contracts, and provide reporting as needed, such as alerts for contract renewals.
Requirements:
  • Highly developed and demonstrable Excel skills.
  • Database administration skills.
  • Excellent planning, communication, and organisational skills.
What We Offer:
  • A competitive salary.
  • A discretionary annual bonus.
  • 25 days of annual leave (with the option to buy more).
  • An excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay.

We are a leading provider of UK-based support services to the insurance market, and we pride ourselves on our ability to be flexible, responsive, and knowledgeable. If you are a motivated and experienced Contract and Procurement Specialist looking for a new challenge, please apply today.

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