Vice President – Procurement Risk & Controls Lead
M&G plc (company site, opens in a new tab)18+ yrsMumbaiOn-siteDirect career pageEst. 35–55 LPA
Posted 16h ago
Reach people at M&G plc
People at this company you can reach
Log in to see who works here
Create a free account or log in to see the people at M&G plc you could write to:
- Recruiters & HR
- People in this function
- Work addresses
Your match
Against your primary resume
Log in to see your match score
Create a free account or log in to unlock your CV match score across:
- Role fit
- Experience
- Industry relevance
Protocol Intelligence
How competitive this role is
Competition
Background fit
Strictness
Log in to see why each signal reads the way it does.
Job description
Structured overview of role & requirements
About This Role
- Own end-to-end Procurement RCSA lifecycle including risk identification, control definition, and governance approvals.
- Design and maintain effective controls across Procure-to-Pay and Sourcing processes, ensuring compliance with policies, FCA regulatory expectations, and outsourcing governance.
- Lead 1LoD control testing, issue management, governance, and reporting; manage a Risk & Controls Analyst; engage with key stakeholders and support automation/AI initiatives.
Minimum Requirements
- 18+ years professional experience in operational risk (1LOD, 2LOD, or auditor) within financial services or procurement firms.
- Graduation mandatory; preferably in Finance, Accounting, Business Management, or Engineering; Master’s degree and risk/procurement certifications preferred.
- Strong understanding of FCA regulatory expectations related to third-party/outsourcing risk, operational resilience, and Consumer Duty as applicable to procurement.
- Experience with Microsoft Power Automate/Power BI for controls automation/reporting and exposure to Oracle Fusion Procurement or similar P2P platforms.
Ideal Candidate Profile
- Seasoned risk professional with deep expertise in procurement risk frameworks, RCSA, control environment design, testing, and issue remediation at divisional or group level.
- Proven ability to influence senior leadership and collaborate across risk, compliance, audit, legal, and procurement teams globally.
- Tech-savvy with a demonstrated ability to leverage AI and automation tools to improve risk management efficiency and compliance.