Senior Supplier Risk Specialist

Yi Connect; United Arab Emirates; Remote; AED 180,000 - 320,000; Full time

Job summary

Yi Connect seeks a Senior Supplier Risk Specialist in the United Arab Emirates to identify, assess, monitor, and mitigate risks across suppliers, subcontractors, vendors, and external partners. You will collaborate with procurement, legal, finance, and project teams to strengthen oversight and ensure regulatory compliance.

The role emphasizes supplier financial health, delivery reliability, and continuity planning, with a focus on due diligence and robust risk management across the supply base

Responsibilities

• Develop and maintain a supplier risk management framework aligned with procurement policies.
• Establish procedures for supplier risk identification, assessment, monitoring, escalation, and mitigation.
• Identify critical suppliers and service providers based on business impact and operational importance.
• Develop risk classification models using financial stability, delivery performance, and compliance.
• Conduct initial and periodic risk assessments for new and existing suppliers.
• Perform supplier due diligence and collect relevant documentation.
• Evaluate supplier ownership, locations, and third-party relationships.
• Assess supplier financial health using financial statements and credit indicators.
• Identify indicators of financial distress and potential supplier failure.
• Coordinate with finance to evaluate creditworthiness and payment risks.
• Monitor changes in supplier ownership and capacity that affect risk exposure.
• Assess production capacity, technical competence, and ability to meet project requirements.
• Evaluate delivery reliability, lead times, and historical performance.
• Identify bottlenecks, single-source dependencies, and material shortages.
• Develop mitigation plans for high-risk suppliers and critical materials.
• Monitor geopolitical, trade, and regional market volatility impacting suppliers.
• Assess economic conditions and currency movements on supplier reliability.
• Evaluate supplier business continuity and disaster recovery arrangements.
• Develop contingency plans for supplier failures and interruptions.
• Identify alternative suppliers and backup sourcing options for critical goods.

Skills

Supplier risk management

Procurement governance

Third-party due diligence

Supply chain resilience

Contract compliance

Risk assessment methodologies

Supplier performance monitoring

Job description

Location: United Arab Emirates (Remote)

Employment Type: Full-Time

Experience Level: Mid-Level to Senior

Work Arrangement: Fully Remote

Senior Supplier Risk Specialist

About Us

We are a construction-focused organization committed to delivering complex projects through disciplined contract management, strategic procurement, supply chain resilience, risk control, and collaborative project delivery. Our distributed teams collaborate across Project Management, Construction, Engineering, Procurement, Commercial, Legal, Finance, Human Resources, Design, Quality, HSE, Consultants, Contractors, Suppliers, Logistics, Administration, Information Technology, and Executive Leadership to strengthen supplier relationships, improve procurement governance, mitigate supply chain risks, and ensure reliable delivery across projects and business functions.

The Role

We are seeking an experienced Senior Supplier Risk Specialist to identify, assess, monitor, and mitigate risks associated with suppliers, subcontractors, vendors, and other external business partners. The ideal candidate will bring strong expertise in supplier risk management, procurement governance, third-party due diligence, supply chain resilience, contract compliance, risk assessment methodologies, and supplier performance monitoring.

This role will focus on evaluating supplier financial stability, operational capabilities, regulatory compliance, cybersecurity exposure, delivery reliability, and business continuity readiness. The Senior Supplier Risk Specialist will collaborate with procurement, commercial, legal, finance, project management, engineering, quality, HSE, and logistics teams to strengthen supplier oversight, reduce supply chain disruptions, support informed sourcing decisions, and maintain compliance with applicable United Arab Emirates laws and regulations.

Key Responsibilities

• Develop and maintain a comprehensive supplier risk management framework aligned with organizational objectives and procurement policies.
• Establish standardized procedures for supplier risk identification, assessment, monitoring, escalation, and mitigation.
• Identify critical suppliers, subcontractors, and service providers based on business impact, project dependency, and operational importance.
• Develop supplier risk classification models using factors such as financial stability, operational capability, delivery performance, compliance, and geographic exposure.
• Conduct initial and periodic risk assessments for new and existing suppliers.
• Perform supplier due diligence and coordinate the collection and verification of relevant corporate, financial, operational, and compliance documentation.
• Evaluate supplier ownership structures, business credentials, operational locations, and relevant third-party relationships.
• Assess supplier financial health using available financial statements, credit indicators, payment history, and other appropriate information.
• Identify indicators of financial distress, liquidity constraints, insolvency exposure, and potential supplier failure.
• Coordinate with finance teams to evaluate supplier creditworthiness, outstanding liabilities, payment risks, and financial dependencies.
• Monitor changes in supplier ownership, management, business structure, and operational capacity that may affect risk exposure.
• Assess supplier production capacity, resource availability, technical competence, and ability to meet project requirements.
• Evaluate supplier delivery reliability, lead times, production constraints, and historical fulfillment performance.
• Identify potential supply chain bottlenecks, single-source dependencies, and critical material shortages.
• Assess risks associated with supplier concentration, limited market availability, and dependence on specialized subcontractors.
• Develop mitigation strategies for high-risk suppliers and materials essential to construction and project delivery.
• Monitor supplier exposure to geopolitical developments, trade restrictions, transportation disruptions, and regional market volatility.
• Assess the potential impact of economic conditions, commodity price fluctuations, and foreign exchange movements on supplier reliability.
• Evaluate supplier business continuity plans, disaster recovery arrangements, and operational resilience measures.
• Determine whether critical suppliers can maintain essential services during emergencies, infrastructure failures, or unexpected disruptions.
• Develop contingency plans for supplier failures, delivery interruptions, and other significant supply chain events.
• Identify alternative suppliers and backup sourcing options for critical goods, materials, and services.
• Collaborate with procurement teams to incorporate risk considerations into sourcing strategies and supplier selection decisions.
• Establish supplier risk evaluation criteria for requests for information, requests for quotation, tenders, and procurement assessments.
• Review supplier proposals and supporting documents to identify commercial, operational, and contractual risk indicators.
• Assess the adequacy of supplier insurance, warranties, performance guarantees, and other relevant risk protections.
• Work with legal and contract management teams to review supplier contract terms, liability provisions, indemnities, and risk allocation.
• Identify unfavorable contractual conditions that could expose the organization to financial loss, project delays, or disputes.
• Recommend appropriate contractual safeguards, service-level requirements, reporting obligations, and remediation provisions.
• Ensure supplier risk considerations are incorporated into contract award, renewal, extension, and termination decisions.
• Monitor supplier compliance with contractual obligations, agreed delivery schedules, quality requirements, and performance standards.
• Review supplier performance data to identify recurring deficiencies, emerging risks, and deterioration in service quality.
• Coordinate with quality teams to assess supplier quality management systems, inspection results, defect trends, and corrective actions.
• Collaborate with HSE teams to evaluate supplier and subcontractor health, safety, environmental, and site compliance risks.
• Assess supplier capability to meet applicable technical specifications, project standards, and relevant regulatory requirements.
• Monitor supplier certifications, licenses, insurance documentation, and other required credentials for validity and completeness.
• Coordinate with compliance teams to assess regulatory exposure, conflicts of interest, ethical concerns, and potential misconduct.
• Support anti-bribery, anti-corruption, sanctions screening, and other applicable third-party compliance controls.
• Identify potential conflicts of interest or inappropriate supplier relationships and escalate concerns through approved channels.
• Assess supplier labor practices, environmental performance, ethical sourcing, and other relevant sustainability considerations.
• Review supplier data handling practices and cybersecurity controls when suppliers access company systems or sensitive information.
• Coordinate with information security teams to assess third-party access, data protection, confidentiality, and technology-related risks.
• Maintain a centralized supplier risk register documenting identified risks, ratings, evidence, mitigation plans, and responsible owners.
• Establish clear risk scoring criteria, assessment thresholds, escalation triggers, and reporting requirements.
• Prioritize supplier risks based on likelihood, potential impact, project criticality, and the effectiveness of existing controls.
• Develop risk mitigation plans with measurable actions, implementation deadlines, and accountable stakeholders.
• Monitor the implementation and effectiveness of supplier risk mitigation activities.
• Escalate significant supplier risks, control failures, compliance concerns, and potential delivery disruptions to management.
• Prepare risk reports and management dashboards covering supplier exposure, high-risk relationships, mitigation progress, and emerging threats.
• Provide timely risk insights to procurement leaders, project managers, commercial teams, and executive stakeholders.
• Establish early-warning indicators to identify deteriorating supplier performance and potential business interruptions.
• Monitor changes in supplier financial, operational, regulatory, and delivery conditions throughout the supplier lifecycle.
• Conduct periodic supplier risk reviews and trigger additional assessments when material changes occur.
• Support supplier audits, site assessments, capability reviews, and risk-based inspection programs.
• Coordinate with internal audit and compliance functions to provide evidence of supplier risk assessments and control effectiveness.
• Maintain accurate records of due diligence, risk evaluations, supplier correspondence, review outcomes, and remediation actions.
• Ensure supplier risk documentation is complete, traceable, appropriately retained, and accessible to authorized personnel.
• Support the development of supplier onboarding, qualification, periodic review, and offboarding procedures.
• Recommend risk-based approval requirements for suppliers based on criticality, exposure, and organizational risk tolerance.
• Collaborate with procurement teams to improve supplier segmentation, category risk assessments, and strategic sourcing plans.
• Analyze historical supplier incidents, delivery failures, disputes, and quality issues to identify recurring risk patterns.
• Conduct root cause analysis following supplier disruptions and recommend measures to prevent recurrence.
• Support incident response activities involving supplier insolvency, operational shutdowns, compliance breaches, and material shortages.
• Coordinate cross-functional responses to significant supplier risk events and monitor recovery actions.
• Assess the financial and operational implications of supplier-related risks on project budgets, schedules, and contractual commitments.