Procurement Risk Manager
1 day ago
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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