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Strategic Procurement Coordinator
1 month ago
Lloyd's is a world-leading insurance and reinsurance marketplace, where collective intelligence and risk-sharing expertise come together to create a braver future.
Job SummaryWe are seeking an experienced Strategic Procurement Coordinator to join our team. In this role, you will be responsible for supporting the development of best-in-class procurement governance, risk management, and processes for Group Procurement at Lloyd's.
Key Responsibilities- Supporting the Head of Procurement Governance and the Procurement Governance and Process team in developing a sustainable approach to all third-party sourcing and supplier management while minimizing risk and driving efficiencies.
- Assisting with diary management and team management for the Head of Procurement Governance.
- Coordinating the delivery of procurement governance and process improvement projects.
- Assisting in 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.
- Assisting in onboarding activities for third parties, including due diligence to meet internal and external requirements for relevant regulations.
- Working with the wider procurement team to ensure data is up-to-date within the contract management system and supplier contact details.
- Supporting the delivery of procurement training to the business and internal procurement team.
- Producing ad-hoc management information for the procurement team and other key stakeholders for appropriate committees and forums.
- Supporting internal audit exercises on behalf of Procurement to ensure actions are completed within timelines along with relevant sign-off and attestations.
- A basic understanding of procurement principles and practices.
- Basic knowledge of governance, risk management, and compliance.
- Proficient in IT skills, particularly Excel, Word, and SharePoint.