Procurement Risk & Assurance Manager
1st Executive · Milton Keynes
Job description
About the role
A permanent Procurement Risk & Assurance Manager (PRAM) is sought for a role based in Milton Keynes with hybrid working. The position sits at the heart of procurement governance, providing independent assurance and constructive challenge across a portfolio of high-value, high-risk procurement and supplier management activities. It works alongside Category, Sourcing and Supplier Management teams to review strategies, commercial recommendations and contract decisions so they meet governance requirements, best practice and regulatory obligations.
Key responsibilities
- Conduct independent assurance reviews across the end-to-end procurement lifecycle, including category strategies, sourcing activities and supplier management outputs.
- Review and challenge procurement documentation, strategies and award recommendations for compliance with governance requirements and commercial best practice.
- Provide written and verbal assurance feedback to procurement teams and key stakeholders.
- Assess procurement activity against financial, contractual, regulatory, commercial and reputational risks.
- Support a risk-based assurance framework across Commercial & Procurement activities.
- Work with Category, Sourcing and Supplier Management teams to improve outcomes and controls, and facilitate reviews within agreed timescales.
- Coordinate assurance work with specialist Subject Matter Experts and undertake compliance reviews and audits.
- Promote best practice, coach and guide stakeholders on commercial risk management and governance, and contribute to developing assurance processes and frameworks.
Required profile
- Significant experience managing complex procurement activities and sourcing programmes, including high-value projects of £5m+.
- Strong understanding of procurement governance, risk management and regulatory compliance.
- Experience presenting recommendations and findings to governance boards or senior stakeholders.
- Excellent stakeholder management, influencing and communication skills, and resilience in competing priorities.
- Desirable: experience in procurement governance, assurance, compliance or audit; public sector, utilities, infrastructure or regulated industry background; knowledge of supplier and contract management; MCIPS or equivalent accreditation.
What we offer
- Salary of £55,000 - £67,000 per year plus an annual bonus of up to 10%.
- Flexible hybrid working and clear career progression within Procurement Risk & Assurance.
- Structured, collaborative team environment and exposure to senior stakeholders.
- Excellent pension scheme and wider benefits, including discounted rail travel.
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Published 3 hours ago
Expires 1 month from now
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1st Executive
Milton Keynes
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