Vendor Risk Management Analyst

Procurement People; Manchester; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Private health insurance

Double-matched pension plan

Life assurance at 8x salary

Job summary

Procurement People is representing a market-leading global professional services firm in Manchester. The role is a Vendor Risk Management Analyst within the Global Finance team, focusing on end-to-end risk lifecycle for the firm’s vendors.

You will conduct due diligence, classify risk, and collaborate with internal stakeholders to implement robust mitigation strategies and ensure regulatory compliance across an international vendor base.

Qualifications

• Bachelor's degree required; Master’s or professional certification preferred.
• Experience in vendor risk management, compliance, or related commercial risk role.
• Experience in a large-scale professional services firm or Fortune 500 environment is desirable.

Responsibilities

• Conduct end-to-end risk lifecycle management for vendor relationships.
• Perform deep-dive due diligence for new and existing vendors and classify risk profiles.
• Develop and implement robust risk mitigation plans with internal stakeholders.
• Monitor compliance with contracts and regulatory requirements; prepare reports for senior management.
• Lead vendor audits and track corrective actions.
• Contribute to policy development to align with global best practices.

Skills

Vendor risk management

Due diligence

Data analysis

Communication

Education

Bachelor's degree

Tools

Data analysis tools

Job description

Location: Manchester (Hybrid - Flexible Working Available)

Industry: Professional Services

Are you a detail-oriented risk professional with a background in vendor management? Do you have experience navigating complex due diligence processes within a global, fast-paced environment?

Procurement People is currently representing a market-leading global professional services firm. We are looking for a Vendor Risk Management Analyst to join their Global Finance team in Manchester. This is a critical role focused on assessing, monitoring, and mitigating risks across an extensive international vendor base.

The Role

As a Vendor Risk Management Analyst, you will be responsible for the end-to-end risk lifecycle of the firm’s vendor relationships. You will conduct deep-dive due diligence for both new and existing vendors, identifying potential vulnerabilities and categorizing partners based on their risk profiles.

This is a highly visible position that requires sharp analytical skills to translate complex data into actionable risk mitigation strategies, ensuring the firm remains compliant and commercially secure.

Key Responsibilities:

• Risk Assessment & Due Diligence: Analyse vendor risk profiles through comprehensive due diligence activities to identify vulnerabilities and categorize vendors by risk level.
• Compliance & Performance Monitoring: Ensure vendors adhere to contractual obligations and regulatory requirements, preparing detailed reports and dashboards for senior management.
• Mitigation Strategies: Develop and implement robust risk mitigation plans, collaborating closely with internal stakeholders and vendors to embed effective risk management practices.
• Performance Analysis: Review vendor metrics to assess service quality and cost-effectiveness, providing recommendations for continuous improvement and cost-saving opportunities.
• Audit Coordination: Lead and conduct vendor audits to evaluate compliance with internal policies and industry standards, following up on all corrective actions.
• Policy Development: Assist in maintaining and evolving vendor risk management policies to ensure alignment with global best practices.

What We’re Looking For:

• Experience: Proven background in vendor risk management, compliance, or a related commercial risk role.
• Sector Background: Experience working within a large-scale professional services firm or a Fortune 500 environment is highly desirable.
• Analytical Skills: Strong proficiency in data analysis tools and the ability to interpret complex datasets.
• Communication: Exceptional verbal and written communication skills, with a focus on delivering high-level customer service to internal teams.
• Education: A Bachelor’s degree is required; a Master’s degree or relevant Professional Certification is preferred.

Why Apply?

This is an outstanding opportunity to join a premier global organization that values innovation and professional growth. You will work within a supportive culture that offers a comprehensive benefits package, including private health insurance, a double-matched pension scheme, and life assurance at 8x your salary.