Part Time Third Party Risk and Supplier Relationship Manager

PIC is looking for a part-time Third-Party Risk and Supplier Manager to work within our TP&O team. The TP&O team actively manages relationships with third‑party suppliers, ensuring risks are assessed, mitigated, and managed in line with relevant laws, regulations, and internal policies. The function champions data‑driven decision‑making, leading strategic initiatives that deliver measurable value to PIC. Roles within TP&O act as designated relationship owners, partnering with teams and functions across PIC to deliver a robust third‑party and supplier lifecycle — from due diligence and selection, through onboarding and ongoing management, to renewal or exit.

Key Responsibilities:

• Serve as the designated Relationship Owner for new and existing third‑party and supplier relationships, ensuring robust processes throughout the full relationship lifecycle.
• Own compliance and governance activities for third‑party and supplier engagements, ensuring adherence to laws, regulations, and internal policies.
• Collaborate across PIC teams to design and implement risk‑mitigation strategies addressing financial, geopolitical, and supply‑chain risks.
• Lead the third‑party risk management (TPRM) programme, overseeing the identification, assessment, mitigation, and ongoing monitoring of third‑party risks.
• Establish and maintain a regular cadence of written and verbal communication on TPRM activities, risk exposure, and incidents for inclusion in senior management and Executive Committee reporting.
• Build and maintain strong relationships with key suppliers, acting as the main point of contact and providing updates on SLA/KPI performance while promoting continuous improvement.
• Identify and manage supply‑chain‑related risks by developing contingency and mitigation plans

Requirements:
Technical:

• Strong technical knowledge of procurement processes, sourcing strategies, and supplier management.
• Good understanding of legal and regulatory requirements related to procurement and sourcing.
• Ability to identify, assess, and monitor third‑party risks, including compliance, operational, security, financial, and reputational risks.
• Proven track record of delivering cost savings and driving supplier performance improvements.
• Proficiency in using procurement and sourcing software/tools.
• Demonstrated ability to work collaboratively with cross‑functional teams and stakeholders.
• Strong academic background, ideally with a Bachelor’s degree in supply chain management, business, or a related discipline.
• Experience conducting third‑party risk due diligence assessments.

Personal:

• Excellent negotiation and communication skills.
• Strong analytical mindset with the ability to interpret data and make informed decisions.
• Effective project management and organisational capabilities.

DE&I at PIC

At PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences. We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio-economic background, feels valued, heard and empowered to succeed. We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community. While we’re proud of our progress, we recognise there’s work ahead, and we remain dedicated to listening, learning and evolving together.

Benefits:
In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), study support with qualifications, a generous pension scheme and much more.