Procurement Governance Manager

20 hours ago


London, UK, United Kingdom Procurement Heads Full time

A global insurance company is looking for a Procurement Governance Manager to join their growing TPRM team. To succeed in this role, you'll need strong experience within a financial services environment as well as an understanding of the major financial regulators.


You'll work closely with internal stakeholders to set key policies relating to third-party risk, due diligence, and assurance. Although this role has no formal direct reports, you'll support the development of more junior Outsourcing and Procurement team members.


The working policy is flexible, with visits to the London or Surrey office once or twice a month.


Key Responsibilities


  • Advise on TPRM governance, regulatory requirements, and compliance with standards
  • Support Procurement in risk mitigation (ESG, financial, ethical, infosec) and validate due diligence during tenders
  • Implement TPRM policies and monitoring, integrating them into the business framework
  • Collaborate with safeguarding teams to ensure third-party risk integration and supplier due diligence
  • Update UK TPRM frameworks, support regulatory notifications, and assist with audits


Key Skills


  • Knowledge and understanding of all aspects of Procurement and risk management processes, specifically due diligence and risk assessment and remediation activities
  • Understanding of supplier assurance and relationship management practices
  • Excellent understanding of corporate risk/risk management as demonstrated by experience working in Banking and or Insurance sectors in Assurance / TPRM roles


Key Benefits


  • Up to £70,000 salary
  • Flexible buy/sell holiday options
  • Annual performance-related bonus
  • Contributory pension scheme


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