Strategic Supplier Risk Manager

Job Description

Company Description The world of investment is changing. Our vision at Legal & General Investment Management is to create a better, more sustainable future through responsible investing. We work in partnership with our clients around the globe to deliver positivelong-term outcomes, while rising to the challenges of a rapidly changing world. Our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. To meet our clients complex and evolving investment needs,our investment strategies cover a broad array of asset classes and styles, including equities, bonds, property and alternatives, as well as multi-asset funds. Were focused on continuously innovating our investment products, maintaining our reputation as expertsacross all asset classes, and striving to build a more responsible and sustainable future. Job Description Contract Type: Full time. Permanent. Compensation: Competitive salary + bonus Location: Cardiff (hybrid working - homebased/office) Your role at a glanceWould you like the opportunity to take ownership and lead strategic supplier risk agenda in one of Europes largest asset managers and a major global investor If you are an expert in all things Third Party Risk Management (TPRM) in an asset management firm and have extensive experience of producing meaningful insights and supplier risk profile including reports and dashboards that shows Outsourcing Governance, Complianceand Oversight management, then this is fantastic opportunity to join the LGIM business as a Lead Strategic Supplier Risk Manager. In this exciting role youll be responsible to provide critical and important third party risk intelligence from a number of data points across a portfolio strategic outsourcers and suppliers whilst ensuring TPRM oversight and governance is in place for a newrelationship in accordance with Group Procurement & Supplier Management Policy and LGIM Global Outsourcing and Third Party Management Framework. Working alongside LGIM 2nd Line Risk teams incl. Operations, Compliance, IT, Operational Resilience, and other business globally you will be responsible for maintaining LGIM TPRM agenda that has clear visibility across and up to Executive level. This role willrequire you to build professional relationships at various levels, as well as being key in identifying and reporting key strategic supplier risk metrics whilst ensuring regular due diligence activities are scheduled and completed on time. This is fantastic opportunity for you to work closely with LGIM Supplier Relationship Management community to explore how to best evolve key insights into meaningful action. This role is full of opportunity for you to develop and progress, and youll be giventhe account ownership and autonomy needed to really make an impact. What youll be doingDeep Third Party Risk Management Experience incl:

• Production, design and upgrade of LGIM Outsourcing & Third Party Management Framework
• Identification and escalation of any third-party risk metrics that are showing concern
• Regular Strategic Supplier Risk Executive Briefs both internal and external
• Working with IT and Operational Resilience teams to complete, at least, annual due diligence outputs and metrics
• Work with other LGIM regions to ensure that a consistent level of TPRM oversight is being maintained
• Working with Global Head of Strategic Supplier Oversight to track ongoing TPRM risks and issues and ensuring appropriate escalations and mitigating actions are in place
• Actively seek ways to enhance TPRM data and analytics that reduce and mitigate risk
• Producing robust TPRM Supplier Management Committee papers
• Training Supplier Relationship Managers on TPRM best practices
• Enhance the TPRM control environment

Policy & Playbook Standards

• Ensuring the adherence and monitoring of all Group P&SM / Procurement / SRM Playbook TPRM activities is accurate and timely
• On-going analysis of SRM Playbook activities with a focus of providing further intelligence on oversight of key mandatory activities i.e. Group OESS Milestones
• Weekly and monthly reporting for LGIM SRM Forum; Supplier Management Committee; Executive Risk Committee; COO Committee; FCA Presentations
• Identification and escalation of any metrics that are showing overdue across policy and playbook standards
• Ensuring the Global Head of Strategic Supplier Oversight is kept informed of all types of Strategic Supplier Risks

Documentation

• Production of Supplier Oversight Reporting Suite
• Engage and collaborate with relevant functional areas to produce reporting and analysis of supplier management activities i.e., Cyber; Information Security; Operational Resilience.
• Timely production and distribution of Supplier Management Forum and Committee Reporting

Team Integration

• Forming and maintaining effective working relationships with LGIM SRMs and key stakeholders incl. 2nd line teams and Group Teams
• Collaborating and maintaining effective dialogue with LGIM SRMs in relation to reporting issues and escalating overdue activities

Client service

• Focus on suppliers with multiple client impact
• Building good working relationships
• Ability to provide high quality documents within tight deadlines

Qualifications What were looking forTo be successful in this role youll need to be an expert in Third Party Risk Management, with the resilience, drive, and network, to successful manage internal and external stakeholders. As we continue to go through exciting transformation, youll need toenjoy working in a fast paced, ever-changing environment, being adaptable, forward thinking, and growth minded. Heres some of the experience that wed love to see:

Relevant experience working in Asset Management with a knowledge outsourcing and suppliers (preferred not essential)

Relevant experience of TPRM, Supplier Governance, Compliance and Oversight analytics and metrics

Good experience and expertise with relevant TPRM systems i.e. One Sum x; Coupa; Programme tools; Presentation systems like Prezzi; Trello, Powerpoint or similar solid understanding of the supplier management process and reporting complimented by strongvisuals and presentation skills

Experience using Power Apps, Automate and BI

M Code, DAX, Python and SQL experience desirable.

Ability to identify and provide solutionsCompetent in capturing requirements,