Third Party Vendor Manager
- Annual Salary: Up to 40,000 plus excellent benefits package
- Location: Cheltenham
- Job Type: Full-time, Hybrid (minimum 2 days per week in office)
- Hours: 37.5 hours per week with flexible working
Join a team where they foster a people-centric culture of togetherness, empowerment, and involvement. This is a fantastic opportunity for someone early in their procurement career, looking to take the next step. As a Third Party Vendor Manager, you will support and develop third-party vendor management processes and systems.
Day-to-day of the role:
- Support the Third-Party Oversight Function (TPOF) in managing all necessary activities related to overseeing third parties, including onboarding, risk assessments, due diligence, contracting, and ongoing monitoring/reporting.
- Maintain and update the third-party register by gathering information from various sources, such as contracts, Statements of Work (SoW), Master Service Agreements (MSA), Data Processing Agreements (DPA), due diligence documents, Key Performance Indicators (KPIs), and Service Level Agreements (SLAs).
- Support the production of end-to-end third-party risk management reporting dashboards.
- Liaise with business stakeholders to obtain required third-party documentation, address queries, support the onboarding process, and documentation population.
- Manage the third-party mailbox ensuring all requests are responded to in a timely manner.
- Oversee and organise a central document repository for all third-party materials.
- Conduct financial due diligence checks on third parties and escalate any issues to the Finance Team.
- Assist with the onboarding and implementation of a new Contract Lifecycle Management (CLM) tool for storing all contracts, and provide reporting as needed, such as alerts for contract renewals.
Required Skills & Qualifications:
- Experience in managing a third-party register and activity tracker.
- Knowledge of reviewing contracts and extracting key information to populate a third-party register.
- Experience in conducting due diligence checks on third parties.
- Preferably experience using a CLM tool.
- Highly developed and demonstrable Excel skills, comfortable using pivot tables for reporting.
- Database administration skills.
- Good influencing skills at senior levels to influence acceptance of a new way of working.
- Good IT skills to include wide experience of word documents and PowerPoint.
- Excellent planning, communication, and organisational skills.
- Demonstrates behaviours aligned to the company values: Pioneering, Responsible, Inclusive, Delivery Focused, Empowering.
Benefits:
- Competitive salary and discretionary annual bonus.
- 25 days of annual leave (with the option to buy more).
- Flexible, hybrid working.
- Private health insurance, life assurance, income protection.
- Enhanced pension contributions and occupational maternity and paternity pay.
- Access to company volunteering days, an employee assistance programme with retail discounts and savings.
- Generous employee referral scheme, regular sports and social events,