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Senior Consultant, Third Party Advisory (TPRM), Extended Enterprise, Risk Advisory London

Employer
Deloitte
Location
Charing Cross, Central London, United Kingdom
Salary
Competitive Salary
Closing date
Jan 15, 2022

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Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Level of qualification
Qualified, CIMA
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Basic information Location London Service line Risk Advisory Date published 14-May-2021 Req # 5522 Job description Your opportunity

Extended Enterprise helps to manage the risks associated with third parties as well as optimise IT costs and limit operational, financial, and legal risk related to software ownership. Our Extended Enterprise professionals help maximise the benefits gained from the relationships our clients have with various business partners including:

  • Suppliers
  • Customers
  • Franchisees
  • Licensees
  • Distributors
Our work is carried out by one of our two teams, our software team or our more general contract compliance team.

Our professionals within Extended Enterprise perform a huge variety of projects helping our clients with their third-party relationships. For example, supplier relationships constitute a significant proportion of the cost base of every organisation. We look for areas where our clients may not be receiving the intended value from the supply chain. Projects may involve analysing the entire process from supplier selection through to purchase and payment, identifying opportunities to deliver financial rewards and improve business operations.

We also conduct royalty inspections for some of the world's leading brands and industries such as media, pharmaceuticals, and luxury goods. Our team uses proven methods, including technical analysis, to verify the accuracy of reporting and identifies practices that may have an impact on our clients' brands. One key benefit that often arises is identification of additional revenue, leading to higher profitability. Another service we offer relates to the business value that may be contained within its intellectual property (IP), such as patents, trademarks, designs, or know-how. We help clients identify hidden IP within their organisations, consider their protection arrangements and opportunities to exploit these assets.

These are some examples of our common offerings, but in reality, the great thing about Extended Enterprise is the flexibility we can offer our clients when they need assistance with their business partner relationships. We respond to these situations to assist them, meaning we can tailor each project to the unique needs of our clients.

Your role

When you join Extended Enterprise, you will see how we work with some of the largest organisations in the world, across a variety of industries. Our client list includes eminent organisations in technology, mining, media, pharmaceuticals, oil and gas, public sector and charities.

The work you perform will help you develop an understanding of:

  • The different third party relationships an organisation may have across different industries;
  • The drivers which affect behaviours of business partners, suppliers and customers;
  • The operational processes and controls required by an organisation to effectively monitor its third party relationships; and
  • You will gain exposure to many aspects of the project from understanding the client environment and relationship with the supplier to performing detailed data analysis to understand the areas of supplier non-compliance.
Your work, your choice

At Deloitte we believe the best impact is the value we add, not the hours we sit at our desk. We carefully consider agile ways of working, both formal and informal, that allow for the best impact for our people and our clients. Please speak to your recruiter about the working pattern that works best for you.



Location:
London with domestic and occasional international travel

Work pattern: This is a permanent contract opportunity. The role can be worked on a full-time basis.

Your professional experience

Highly organised individual with strong attention to detail;
A typical Extended Enterprise advisory engagement will involve:
Advisory engagements usually involve working as part of a small team (typically 2-5 people) to embed yourselves for a fixed period of time alongside a team of client stakeholders and work collaboratively to deliver positive, high value programmes of change / improvement for our clients to help them manage risk across their population of third party relationships. The key phases of an advisory engagement usually include benchmarking existing capability, designing, and developing an enhanced capability, building, or implementing that enhanced capability and supporting the client to adopt and embed the new way of working. Advisory engagements can range in duration from 6-8 weeks for the smaller programmes through to 12-24 months for the larger programmes.
The successful individual will demonstrate the following behaviours, capabilities, and experience:
  • Proactive, self-starter & committed individual seeking to add value in the role;
  • Strong ability to build professional relationships and rapport with the EE team and its clients;
  • Strong communication skills, written and verbal, and confidently able to communicate clearly and effectively;
  • An individual with knowledge or experience working in the area of Third Party Risk / Assurance and/or professional services would be advantageous but is not a pre-requisite; and
  • Working in third party risk management (including supplier risk management or vendor risk management) or in contract management would be advantageous but is not a pre-requisite.
  • Working with Extended Enterprise provides a mixture of working in the office, client sites and visiting third parties' premises, which provides variety and a well-rounded mix of work environments. There is potential that Extended Enterprise can offer you the chance to work overseas for short periods. Previous locations have taken our professionals to Ecuador, Brazil, Canada, India, Indonesia, Iraq, Kuwait, Singapore, Russia, China, and sometimes we go to Europe as well!
Applicants need the ability to adopt a pragmatic approach to dealing with situations where confidentiality is important or where our work is of a sensitive nature. Helping maintain our client's good relationships is integral to our business.
The Extended Enterprise team value a healthy work-life balance and provide ample opportunity to socialise with other members of the team across grades. Social events are democratically selected and are well attended.
Our Extended Enterprise Professionals work in both small and large teams for all projects and therefore it is vital that applicants are strong team players. It is also essential to have good communication skills, as well as a confident and professional demeanour when dealing with clients and colleagues.
  • Successful applicants will have the ability to learn fast and deliver quality work under pressure. They will produce key client work upon joining the firm. Candidates should have an agile and analytical mind and enjoy problem solving. Therefore, applicants must be highly organised, with the ability to review their own work critically.
  • Successful applicants will have the ability to learn fast and deliver quality work under pressure. They will produce key client work upon joining the firm. Candidates should have an agile and analytical mind and enjoy problem solving. Therefore, applicants must be highly organised, with the ability to review their own work critically.
  • The candidate will have a deep understanding of third party risk management processes and controls, ideally gained through working for, or working with, complex, global organisations which work with a range of third parties operating in high risk environments (e.g. high anti bribery and corruption risk).
  • The candidate will also have experience of being able to provide advice on procurement best practices, including category management planning, supplier risk assessment, supplier selection, contracting and on-going supplier risk management.
  • The candidate will also have experience of managing third party compliance programs including multiple projects with management of a team to deliver those projects.
  • Applicants do not need to have existing technical excellence with Microsoft Office, but when they join the firm, they will benefit from showing they can learn fast and reach a strong level of expertise when they receive training. Therefore, a good grounding in excel and basic functions would be a benefit to applicants.
  • The candidate may also possess a procurement related qualification (e.g. CIPS).

Your service line: Risk Advisory

In Risk Advisory, our thinking and actions give clients, our people and society the confidence to grow responsibly in a rapidly changing world. We don't just work with our clients to manage risk, we help them understand and grab the opportunities it presents too, helping them gain a competitive advantage. Our expertise and industry knowledge run deep here. At Deloitte, you'll find yourself working with some of the most inspiring and experienced colleagues and with clients who trust you to lead the way to smart choices, better control frameworks, and new systems, including bespoke solutions that have a direct impact on their bottom line.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints. This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm. The recruitment team will provide further detail as you progress through the recruitment process.

About Deloitte

Our Purpose & Strategy

To make an impact that matters for our clients, our people and society - defines who we are and what we stand for. Our purpose provides the foundation for our strategy and our aspiration to be the undisputed leader in professional services: this is not about size, it's about being the first choice. The first choice for the largest and most influential clients, and the first choice for the best talent.

What do we do?

Deloitte offers global integrated professional services that include Audit & Assurance, Consulting, Financial Advisory, Legal, Risk Advisory and Tax Consulting. Our approach combines intellectual leadership, industrial expertise, insight, consulting & problem solving capabilities whatever the role, technology revolutions and innovation from multiple disciplines to help our clients excel anywhere in the world.

Beyond the UK: Deloitte North and South Europe

The UK is part of Deloitte North and South Europe (NSE), the second largest member firm in the Deloitte network. Deloitte NSE combines operations in Belgium, Central Mediterranean (Italy, Greece, Malta), Ireland, the Middle East (Bahrain, Cyprus, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Palestinian Ruled Territories, Qatar, Saudi Arabia, United Arab Emirates, Yemen), the Netherlands, the Nordics (Denmark, Finland, Iceland, Norway and Sweden), Switzerland and the UK. Deloitte NSE brings together 2,700 partners and over 50,000 people, combining our unmatched breadth and depth of capabilities in audit and assurance, consulting, financial advisory, risk advisory, and tax and legal across the region. Being part of Deloitte NSE supports our aspiration to be the undisputed leader in professional services and will create more opportunity and growth for our people.

What do we value?

What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for maximum impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.

Being a Leader at Deloitte

Cultural fit and purpose-led leadership is crucial for Deloitte. Our leaders always set the example and inspire their colleagues. They make quality time for people and take an interest in them. They know what matters to people - both inside and outside work - and value them as individuals; always finding opportunities to develop them while showing respect and appreciation.

We expect colleagues at all levels to embrace and live our purpose and our leadership culture by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters. We know leadership comes in all shapes and sizes, but our Leadership Charter helps all of our people understand what we're looking for:

  • We live our purpose: we act as a role model, embracing and living our purpose and values, and recognising others for the impact they make
  • We develop talent: we develop high-performing people and teams through challenging and meaningful opportunities
  • We drive performance: we deliver exceptional client service; maximise results and drive high performance from people while fostering collaboration across businesses and borders
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