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Senior Vendor Governance Officer

2 months ago

West Midlands, United Kingdom ProcureOne Full time

Senior Vendor Governance Officer

West Midlands

£45k plus benefits


An exciting opportunity has arisen for a Senior Vendor Governance Officer to join our financial services client in their established team. As Senior Vendor Governance Officer your responsibility will be to assist in the effective management and oversight of the Vendor Management and Intragroup frameworks. This will include:


Lead on third party sourcing and category management analysis, identifying ways to streamline ways of working and cost savings.


Ensure third parties and intragroup arrangements are risk assessed, on-boarded, managed and exited in line with agreed procedures.


Work with the appropriate Relationship Owners to provide support, and input to the required strategies, approaches and testing principles relating to critical third-party continuity and contingency.


Create regular reporting on approved Key Performance Indicators and Key Risk Indicators.


Prepare relevant documentation for Vendor Management committees, including producing meeting packs, tracking actions, and presenting at meetings as required.


Support, assist and help develop Procurements performance in line with good practice and industry standards.


Identify any areas of enhancement within departments policy and procedures.


Ensure the department are continuously in an audit ready state by keeping all documentation up to date and saved appropriately.


Manage ad hoc projects related to third party management, e.g. ESG assessments.


Support in line management of other team members.


This role will suit individuals with some experience of Vendor Management / Third Party Risk Management, ideally from a financial services environment. Suitable candidates will be ambitious with the ability to develop into a line management position.