Vendor Risk Manager

Reporting to the Procurement Manager, this is a stand-alone position that will be responsible for developing vendor risk management processes and frameworks to support stakeholders who work with suppliers. 

Critical to this role is gaining a good understanding of our material and critical suppliers that support our business.

Key Responsibilities: 

• Provide independent oversight and challenge during the supplier due diligence during supplier onboarding process.
• Leading on the in-life monitoring of suppliers for potential risk.
• Proactively informing Supplier Owners, Procurement Business Partners, Business Risk, IT Security, Legal, Technology and other teams.
• Advising on potential vendor risk management strategies to minimise impact.
• Develop and evolve Vendor Risk Management framework and contribute to other procurement aspects e.g. Vendor management framework.
• Leading on company policy development specifically in areas of vendor risk management.
• Deliver high quality risk reports, with guidance and recommendations, to enable senior business owners to make the most appropriate risk decisions
• Reviewing current tools and technology and assessing investment opportunities to support vendor risk management practices.
• Close collaboration with Innovation team to create a risk adjusted approach to innovation to balance risk and speed appropriately.
• Close collaboration with Procurement team members to support minimising/mitigating supplier and contractual risk.
• Possible procurement activities from time to time. 

• Self-starter, with the ability to work independently with minimal guidance.
• Excellent stakeholder engagement skills.
• Strong communication skills.
• Enjoys working within a matrix management environment.
• Relevant industry qualification or working towards this e.g. CTPRA, CIPS, other.
• Passionate about subject area and keen to take a lead in this area. 

Motability Operations is a unique organisation, virtually one of a kind. We combine a strong sense of purpose with a real commercial edge to ensure we provide the best possible worry-free mobility solutions to over 700,000 customers and their families across the UK. Customers exchange their higher rate mobility allowance to lease a range of affordable vehicles (cars, wheelchair accessible vehicles, scooters, and powered wheelchairs) with insurance, maintenance and breakdown assistance included. We are the largest car fleet operator in the UK (purchasing around 10% of all the new cars sold in the UK) and work with a network of around 5,000 car dealers and all the major manufacturers. We pride ourselves on delivering outstanding customer service, achieving an independently verified customer satisfaction rating of 9.8 out of 10.

Our values are at the heart of everything we do. They represent ambition, and we look for our people to live and breathe them every day:

• We find solutions
• We drive change
• We care

We operate hybrid working across the organisation where we split our time between working on-site at our offices, and at home, remotely within the UK. We believe hybrid working achieves a good work/life balance for our colleagues, allowing us to connect with each other, collaborate on important work, and perform together to deliver for our customers.  It allows us to have the flexibility to work remotely up to 2-days per week whilst also using the great office spaces we have available.

As a Motability Operations team member, the benefits you can expect are:

• Competitive reward package including an annual discretionary bonus
• 15% non-contributory pension (9% non-contributory pension during probation period)
• 28 days annual leave with option to purchase and sell days
• Free fresh fruit and snacks in the office
• 1 day for volunteering
• Funded Private Medical Insurance cover
• Electric/Hybrid Car Salary Sacrifice Scheme and Cycle to Work Scheme
• Life assurance at 4 times your basic salary to give you a peace of mind that your loved ones will receive some financial help
• Funded health screening for over 50s
• Voluntary benefits: charitable giving, critical illness insurance, dental insurance, health and cancer screenings for you and your partner, discounted gym memberships and season ticket loans
• Employee Discount Scheme with an app to save on the go
• Free access to healthcare apps such as Peppy, Unmind, Aviva Digital GP and volunteering app on Hand for all employees
• Generous family leave policies

At Motability Operations, we believe in building a diverse workforce, where our people are empowered to attend work as their true selves, and we encourage people from all backgrounds to apply.  We want to sustain a culture that nurtures, where employees are free to flourish and where they’re rewarded equally, regardless of race, nationality or ethnic origin, sexual orientation, age, disability, or gender.

We pride ourselves on being an inclusive employer and as such, all our offices provide first rate disability access. With our hybrid working environment, we do our best to accommodate part-time and flexible working requests where possible, building on our culture of trust, empowerment, and flexibility.