Procurement Risk Manager

1 month ago


Gurgaon, Haryana, India Sun Life Full time

At Sun Life, we are seeking a highly skilled Procurement Risk Manager to join our team. As a key member of our procurement function, you will be responsible for designing and implementing risk management strategies across our global supply chain.

The ideal candidate will have a strong background in procurement, with experience in managing risks associated with third-party vendors. You will work closely with our internal stakeholders to identify, assess, and mitigate risks, ensuring compliance with company policies and relevant regulations.

As a seasoned procurement professional, you will develop and implement cost-saving strategies, negotiate contracts and pricing with suppliers, and analyze market trends to inform procurement decisions.

You will also collaborate with cross-functional teams to optimize procurement processes, implement clear governance structures, and set the right KPIs for tracking performance.

In this role, you will have the opportunity to make a significant impact on our organization's financial performance and reputation.

Key Responsibilities:

  • Design and implement risk management strategies for third-party vendors
  • Collaborate with internal stakeholders to identify and mitigate risks
  • Develop and implement cost-saving strategies and negotiate contracts with suppliers
  • Analyze market trends to inform procurement decisions
  • Implement clear governance structures and set KPIs for tracking performance

Requirements:

  • 10+ years of post-qualification experience in procurement, preferably in a financial institution or financial services firm
  • Strong risk or assurance background, with prior exposure to regulatory and compliance risk disciplines
  • Deep knowledge of procurement tools and technologies
  • Excellent consulting, relationship management, and facilitation skills
  • Ability to analyze big data and trends

What We Offer:

  • Competitive salary: $120,000 - $150,000 per annum
  • Opportunity to work with a leading financial institution
  • Collaborative and dynamic work environment
  • Professional development opportunities

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