Advice Third-Party Contracts Relationship Manager

M&G; Stirling; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services company is seeking an experienced Advice Third-Party Contracts Relationship Manager in Stirling. The role involves managing third-party supplier relationships, ensuring compliance and optimizing contract performance. Ideal candidates will have strong contract management experience, excellent communication skills, and a commercial mindset. Hybrid work arrangements are available.

Qualifications

• Proven experience in contract and supplier management.
• Strong influencing skills to engage stakeholders.
• Experience in balancing risk, compliance, and value.
• Excellent communication abilities.
• Self-starter with a proactive approach.

Responsibilities

• Oversee performance and risk management of Third-Party suppliers.
• Monitor supplier spend against budget.
• Maintain a comprehensive inventory of contracts.
• Ensure compliance with third-party risk management policies.
• Prepare reports for governance committees.

Skills

Contract and supplier management

Influencing and negotiation skills

Commercial acumen

Resilience and adaptability

Presentation skills

Analytical and problem-solving

Proactive issue resolution

Job description

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Advice Third-Party Contracts Relationship Manager (12 mth FTC)

The Advice Third-Party Contracts Relationship Manager is responsible for overseeing the performance, risk, and commercial management of Third-Party suppliers within the M&G Advice function. This role ensures that supplier relationships are effectively governed, compliant with regulatory standards, and aligned with internal policies to deliver optimal value and mitigate risk. The role acts as a subject matter expert and champion for M&G Third-Party risk management policies and embedding these across the Advice teams.

Key Responsibilities:

• Risk and Performance Management - Support Third Party Arrangement Managers with contract performance and risk reporting, ensuring compliance with legal, regulatory, and internal control frameworks. Conduct regular supplier service performance reviews, identify issues, and drive continuous improvement initiatives.
• Commercial Management - Monitor supplier spend against budget, ensuring financial discipline and value delivery. Oversee the timely and accurate processing of supplier invoices. Identify opportunities for cost optimisation and contract efficiencies.
• Record Keeping - Maintain a comprehensive inventory and repository of all contracts and supporting documentation. Ensure documentation is up-to-date, accessible, and audit-ready.
• Regulatory Compliance - Monitor local regulatory and legislative changes affecting third-party risk management. Ensure compliance with M&G’s Third Party Risk Management policies and procedures.
• Reporting & Management Information (MI) - Prepare and deliver insightful reports and MI to governance committees and senior stakeholders. Highlight key risks, performance trends, and any compliance issues.
• Expert Practitioner - Act as the Advice function’s subject matter expert on M&G’s third-party risk management policy and processes. Promote awareness and understanding of third-party risk policies and procedures across the business. Provide training and guidance to internal stakeholders.

Key Knowledge, Skills & Experience:

• Proven experience in contract and supplier management, performance monitoring, and renewal processes
• Strong influencing and negotiation skills with the ability to engage stakeholders at all levels
• Commercial acumen with experience in a large corporate environment, balancing risk, compliance, and value delivery
• Resilience and adaptability in a fast-paced, dynamic environment
• Excellent presentation and communication skills
• Strong analytical and problem-solving capabilities
• Self-starter with a proactive approach to identifying and resolving issues

Work Level: Experienced Colleague

Recruiter: Amy Curtis

Location: Stirling (Hybrid)

Closing Date: 3rd October 2025

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they opt in to the scheme when applying.

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [e-mail]