Vendor Risk Regulatory Lead

You are looking for new challenges, you are passionate about procurement, regulations, vendor risk and thrilled to work within dynamic and international teams, come and join our AXA GO & GIE AXA Procurement Team.

Where will you be in the organization?

The division

You will join Group Procurement. Our mission is to increase AXA Group competitiveness by optimizing the end-to-end Procurement cycle of external spend, while building a high performance and risk-managed supplier based. We have 2 different mandates, a global and corporate Procurement one.

Our division is composed of several departments with respective accountabilities:

• Group Procurement Partnerships
• Group Procurement General Expenses & Real Estate
• Group Procurement IT & Security
• Procurement Cesame
• Group Procurement Performance & Transformation
• AXA GO & GIE AXA Procurement Operations & Performance

The department / team

You will be part of the team AXA GO & GIE AXA Procurement Operations & Performance in charge of AXA GO & GIE AXA Vendor Risk. This team is in charge of managing Vendor Risk Framework, Regulatory compliance & reporting (DORA, Solvency 2) and coordinating Vendor audits, Procurement internal controls and audits for both AXA entities.

About the job

Job purpose

As the AXA GO & GIE AXA Vendor Risk Regulatory Lead, you will work in close collaboration with Group Risk, Group Procurement and AXA GO & GIE AXA Subject Matter Experts (Security, Compliance, Operational Resilience, Legal, Finance…) to ensure end to end source to contract process & vendor risk framework are compliant with any regulatory requirements.

You will coordinate the delivery of key DORA and Solvency II regulatory obligations, ensure the quality and traceability of vendor-risk data, and support the transition of program activities into a sustainable vendor risk operating model.

The role combines regulatory reporting, contract remediation follow-up, concentration-risk assessment, exit-strategy governance and cross-functional coordination with regulated entities, Procurement, Legal, Business Owners and subject-matter experts (SMEs).

Main missions

Your responsibilities include:

• DORA Annual Register of Information (ROI) Reporting
  • Lead the collection, consolidation, and validation of data required for the AXA GO & GIE AXA annual Register of Information.
  • Support interactions with AXA regulated entities throughout the reporting cycle.
  • Monitor completion, data quality and issue resolution, and prepare management reporting and escalation materials when required.
  • Responsible for accurate & on-time delivery of AXA GO & GIE AXA ROI to ACPR regulator
• Concentration Risk and Exit Strategies
  • Review and validate DORA criticality qualification for contracts and Service Materiality Assessments under negotiation, and ensure incorrect qualifications are updated in the relevant systems.
  • For confirmed critical arrangements, coordinate with the Business Owner and/or Buyer the completion of concentration-risk calculation and record the outcome in AXA TPRM tool (ProcessUnity).
  • Where the outcome is Medium or High, advise the Business Owner and Buyer on the requirement to define an exit strategy and provide practical guidance when required.
  • Develop and document guidelines for Business Owners and establish a clear RACI between Business Owners and the Vendor Risk team.
  • Gather exit strategies information
• Contract Remediation
  • Drive DORA contract inventory and coordinate remediation activities with Procurement, Legal and Business teams.
  • Set-up and monitor regulatory important/critical vendors & associated contracts and gaps versus regulatory