Procurement Specialist

Vendor Risk Management Senior Analyst
📍 Manchester (Hybrid Working)
💼 Permanent | Full-time

An opportunity has arisen for an experienced Vendor Risk Management Senior Analyst to join a global professional services organisation with a strong focus on governance, quality, and risk management.
This role sits within a central Global Procurement / Risk function and plays a key role in assessing, monitoring, and mitigating risks associated with third-party and vendor relationships. You will work closely with internal stakeholders and external vendors to ensure robust risk management practices, regulatory compliance, and high service standards across the supplier landscape.
This is a hands-on, analytical role with regular exposure to senior stakeholders, offering excellent scope to influence decision-making and contribute to the ongoing development of vendor risk frameworks and processes.

Key Responsibilities

• Lead risk assessments and due diligence for new and existing vendors, identifying potential risks and vulnerabilities
• Develop and maintain vendor risk profiles, categorising suppliers based on risk exposure
• Monitor vendor performance against contractual, regulatory, and policy requirements
• Prepare clear risk reports, dashboards, and insights for senior management
• Support the development and implementation of risk mitigation strategies in collaboration with internal teams and vendors
• Review vendor performance metrics to assess service quality, cost-effectiveness, and compliance
• Coordinate and support vendor audits, documenting findings and tracking remediation actions to closure
• Contribute to the ongoing development and maintenance of vendor risk management policies and procedures
• Ensure alignment with industry best practices and regulatory requirements

About You

You will be a detail-oriented and commercially aware risk professional, comfortable operating in a fast-paced, regulated environment.

You will demonstrate:

• Strong analytical skills with the ability to interpret data and translate findings into actionable insights
• Excellent written and verbal communication skills, with confidence presenting to senior stakeholders
• A collaborative approach and a strong internal customer-service mindset
• The ability to manage multiple priorities and work independently when required

Experience & Qualifications
Essential:

• Proven experience in vendor risk management, third-party risk, compliance, or a related risk role
• Experience working within a professional services, financial services, or large corporate environment
• Strong understanding of vendor due diligence, risk assessment, and ongoing monitoring

Desirable:

• Bachelor’s degree or equivalent professional experience
• Professional certification or further education in risk, compliance, procurement, or a related field
• Experience supporting or coordinating vendor audits
• Exposure to risk management systems, data analysis tools, or reporting dashboards

What’s on Offer

• Competitive salary and performance-related bonus
• Hybrid working model with a mix of office and remote working
• Comprehensive benefits package including pension, insurance, and wellbeing support
• A collaborative and inclusive working culture with strong development opportunities

Equal Opportunities

This organisation is an equal opportunity employer and is committed to creating an inclusive environment for all employees. Applications are welcomed from all suitably qualified candidates regardless of background.