Sourcing and Supplier Management Expert

1 day ago


London, Greater London, United Kingdom Lloyd's Full time
Job Description:

Lloyd's is the world leading insurance marketplace.

We are seeking a Sourcing and Supplier Management Expert to join our Procurement team. This role will be responsible for evolving best practices, delivering projects, supporting risk management within procurement and coordinating activities related to supplier onboarding, audits, compliance and meeting regulatory requirements.

The Role:

This role will assist in developing a best-in-class function with a long-term vision to deliver a sustainable approach to all third-party sourcing and supplier management while minimizing risk and driving efficiencies.

Key Responsibilities:
  • Deliver procurement governance and process projects on time and in-full, identifying areas for process improvement.
  • Facilitate procurement risk management activities, including bi-annual review of the department's risk register, facilitating the risk control self-attestation (RCSA) process, and coordinating quarterly supplier risk groups with relevant subject matter experts.
  • Provide expert, authoritative advice to key stakeholders on all aspects of procurement governance, policy, and process.
  • Support the delivery of procurement training to the business and internal procurement team.
  • Produce ad-hoc management information for the procurement team and other key stakeholders for appropriate committees and forums.
  • Support compliance and internal audit exercises on behalf of Procurement to ensure actions are completed within timelines, along with relevant sign-off and attestations met within timeframes.
  • Continuing to work collaboratively with Risk Management, Regulatory Engagement, Compliance, Internal Audit, Legal, Financial Crime, and Operations to implement procurement initiatives and ensure the governance framework is fit for purpose.
  • Maintain up-to-date and correct procurement materials, including MyLloyd's pages, Lloyds.com, Playbook, and supporting the annual policy review.
Benefits:

We offer a comprehensive package of benefits, including a generous pension, healthcare, wellbeing programs, financial support for training, education, and development, a benefit allowance, employee recognition scheme, and various employee discount schemes.



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