Vendor Risk Lead

If you are both a strategic and delivery person thrilled to work on complex transformation projects in an international organization

If you have an appetence for both procurement & vendors risks subjects

If making impact is important to you

…then the job is made for you

About the job

Job purpose

As AXA GO & GIE AXA Procurement Vendor Risk Lead, your primary purpose is to help AXA Group Operations and GIE AXA manage supplier risks effectively by ensuring that supplier engagements and contracts comply with the AXA Vendor Risk Management framework, Group standards and applicable regulatory requirements. Your main objectives are to:

• Lead the Procurement Vendor Risk Management framework and related processes for AXA Group Operations and GIE AXA, ensuring:
  • the vendor risk management process complies with the Group framework and applicable regulatory requirements;s
  • proper governances are in place with clear RACI between different Subject Matter Experts and procurement teams,
  • operational excellence and efficiency of the processes and technology supporting the processes,
  • Monitoring of vendor risk activities through-out the lifecycle of supplier contracts
• lead regulatory reporting : DORA Register of Information (ROI) AXA Critical Outsourcing Reporting (ACOR)

Main missions

Your responsibilities include:

1. Driving the continuous improvement of Procurement Third-Party Risk Management (TPRM) processes, governance and tools, in alignment with Group guidelines, to simplify and streamline processes while strengthening compliance with applicable internal standards and regulatory requirements:

• Work in close collaboration with different GO & GIE AXA Subject Matter Experts - Legal, Data Privacy, Compliance, Information Security, Operational Resilience, Risk, Finance, ESG- with the objective to industrialize and simplify processes whilst ensuring compliance, risk mitigation and customer satisfaction in a pragmatic manner

1. Provide Group Procurement with structured feedback and lessons learned from the use of ProcessUnity, helping to shape technology enhancements and continuously improve process efficiency and user experience.
2. Act as Process Owner for the effective implementation of the TPRM framework in ProcessUnity: leverage reporting capabilities to monitor process compliance and ensure that workflow owners meet agreed SLAs at each stage; collaborate work closely with the tool management team to identify and report identified defects, support their resolution and drive continuous improvements in tool effectiveness and continuously improve the user experience.
   • Ensure proper vendor risk KPI/SLA are in place and monitor vendor risk throughout contract lifecycle
3. Perform benchmarking across other AXA Group entities and with relevant market peers, and foster cross-functional collaboration where relevant, to identify and leverage best practices that support process simplification, operational efficiency and strengthened compliance.

1. Leading Procurement Vendor Risk activities

• Define & maintain for AXA GO & GIE AXA, procurement vendor risk framework in line with Group framework
• Drive vendor risk process within procurement sourcing process in collaboration with category management teams.
• Organize & lead procurement vendor risk committees with the different Subject Matter Experts on regulatorily critical sourcing deals and/or with a risk identified in one domain
• Work with the GO & GIE AXA Risk Team to define and quantify scenarios of risk, follow risk mitigation plan, produce Group KRI on procurement and improve risk profile at the division level
• Be the GO & GIE AXA representative in the different Vendor Risk communities

Collaboration / Stakeholder Management

• Work closely with key stakeholders as buyers and sourcing business partners (SBP) on procurement side and Subject Matter Experts (Risk, Legal, Data Privacy/AI, Compliance, Information Security and Operational Resilience)
• Work closely with Vendor audit expert to professionalize vendor audits

Team management

• Coordinate a team composed 3 off-shored resources based out of India

Expected skills & experience

We are looking for someone with the following experience and skills:

Experience

• 10+ years of professional experience required in matrix & international environment, with at least 5 years of experience in procurement or consulting / project management
• Experience in third party risk management, vendor management, outsourcing is an asset

Technical skills

• Experience in working with procurement & risk management software solutions/technologies
• Experience in working with vendor risk management met