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Procurement Risk Management Specialist

2 months ago

Stevenage, Hertfordshire, United Kingdom Mane Contract Services Full time
Job Description

**Job Title:** Procurement Risk Management Specialist

**Location:** Flexible approach to onsite and remote working, typically 2 days a week on-site

**Work Arrangement:** Flexible approach to onsite and remote working, typically 2 days a week on-site

**Salary:** £65,000, depending on experience – One-year Fixed-Term Contract

**What We Can Offer You:**

  • **Company Bonus:** Bonus of up to 21% of base salary
  • **Pension:** Maximum total (employer and employee) contribution of up to 14%
  • **Enhanced Parental Leave:** Offers up to 26 weeks for maternity, adoption, and shared parental leave. Enhancements are available for paternity leave, neonatal leave, and fertility testing and treatments.
  • **Facilities:** Fantastic site facilities including subsidised meals, free car parking, and much more...
  • **Training and Development:** Excellent career progression, training, and development opportunities

**The Role:**

**Job Summary:** We are seeking a highly motivated and experienced Procurement Risk Management Specialist to join our dynamic Major Equipment Procurement (MEP) team. In this pivotal role, you will lead the development and implementation of robust risk management strategies for our procurement operations.

**Key Responsibilities:**

  • Implement and maintain a robust procurement risk management framework and methodology, in line with company processes
  • Identify, assess, and prioritise potential risks throughout the procurement lifecycle at an enterprise, category, or supplier level
  • Analyse the macro environment using third-party risk platforms and media to identify emerging risks that have the potential to impact the supply chain
  • Build and maintain strong relationships with internal stakeholders, including project procurement managers, strategic supplier relationship managers, the supply chain management team, and senior leadership
  • Produce internal briefing and communication materials on macro environment risks and how our procurement team could mitigate them
  • Support the development of risk mitigation strategies and oversee the implementation of mitigation actions by the project procurement manager community
  • Conduct regular risk audits, drive governance reviews internally, and lead supplier mass engagement activities
  • Support the supplier onboarding and risk assessment process
  • Manage and maintain the procurement risk register
  • Develop, drive, and nurture a strong risk management culture within the MEP UK function by delivering training and interactions that embed key principles and encourage open communication on risk management
  • Support and coach MEP Risk Champions within the function to develop their knowledge and skills in risk management
  • Support the wider national and international agenda on risk management, inputting into internal activities and collaborating with MBDA's customers
  • Stay up-to-date on industry best practices in procurement risk management and incorporate these practices into our procurement risk management framework
  • Support the implementation, adoption, and training of tools and solutions related to risk management

**Requirements:**

  • Experience working in procurement roles with a strong focus on risk management
  • A proven track record of developing and implementing successful risk management strategies
  • Strong analytical and problem-solving skills, with excellent communication and interpersonal skills
  • Ability to work independently while building and nurturing strong relationships with team members
  • Passionate about risk management with the ability to inspire and develop others through commitment and integrity
  • Proficient in Microsoft Office Suite and experienced with risk management software systems (ideally ARM/Riskonnect)
  • Ideally, holding or working towards a qualification or certification related to procurement and/or risk management (e.g., CIPS, World Commerce & Contracting, IRM)