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:

• 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

• • 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.
    • Act as Process Owner the 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
  • 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.

• 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 methodologies
  • Experience in project/program management with strong change management component
  • At ease with Excel and Powerpoint
  • Languages :
  • English - Fluent in speaking and writing
  • French or Spanish are a strong plus

Soft skills / transversal skills

• • Good business acumen: ability to rapidly understand, assimilate, analyses and act on complex business situations
  • Able to think strategically, challenge the status quo and identify opportunities for improvement
  • Strong transformation skills and want to be a lever for transformation and simplification
  • Practical, hands-on & pragmatic approach to deliver concrete results and to structure the environment in the way that is necessary to drive actions
  • Strong communication skills both oral & written with ability to tailor communication to varying audiences, quickly incorporate feedback and adjust accordingly. Ability to build effective & impactful presentation for C-Levels
  • Excellent interpersonal and collaborative skills with customer orientation

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.

What we offer

We bring together the expertise, cultural diversity and creativity of over 8,000 employees worldwide and we’re committed to equal opportunities in all aspects of employment (gender, LGBT+, disabled persons, or people of different origins) and to promoting Diversity & Inclusion by creating a work environment where all employees are treated with dignity and respect, and where individual differences are valued.

About the entity

AXA is becoming a sustainable tech-led company and at AXA Group Operations we are one of the major catalysts for this transformation.

We set the tone by triggering and empowering the evolution of our insurance business model through technology and innovation, driving its concrete implementation globally at speed, with a high quality of advisory and execution.

We are present across 17 countries with committed, highly qualified teams. We leverage technology, data, sourcing, security and investment allocation in a global way, but also achieve economies of scale and synergies when necessary.

At AXA Group Operations, we want to be recognized in three fields of action:

• State-of-the-art Data Technology to drive customer experience
• State-of-the-art Procurement & Sourcing to drive efficiency and better manage risks
• High-Performing Global Team for stronger partnerships with AXA entities

About AXA

As a world-leading insurance company, we act for human progress by protecting what matters. With 153,000 employees in 54 countries working for 105 million customers, we’ve created a truly dynamic and vibrant community. Inclusion and diversity link closely with our values, and together we’re nurturing a culture of respect, for each other, for our customers and the communities around us. Join AXA and you’ll feel like you belong, are included and can thrive. You’ll be able to shape the way you work and truly grow your potential as you seek out new opportunities, push boundaries and benefit people in critical moments of their lives. This is your chance to build the tomorrow you want. Know you can.