Contract Management Framework Lead

Requirements of the role

The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.

​Finance & Corporate Services is a strategic partner to the FCA ensuring the organisations resources are both protected and used efficiently & effectively in line with the strategy and business plan.

The Procurement Department is accountable for the selection and management of third-party suppliers to enable the delivery of Value for Money for the FCA, whilst ensuring compliance with procurement legislation.

The role sits within the Supplier Management team which is responsible for the ongoing management and continuous improvement of both the Supplier Management and Contract Management Strategies, Frameworks and working practices across the organisation.

What will you be doing?

• Drive Framework Development: manage the finalisation and implementation of a Contract Management Framework, including conducting pilot initiatives. Integrate external best practices and insights from pilot outcomes to refine the operating model, enhance the governance framework, and establish an oversight regime to ensure organisation-wide compliance.
• Support Process Development: revise existing contract management processes and design new procedures, providing expert guidance and expertise to Contract Managers to ensure effective implementation across the organisation
• Strengthen Governance and Compliance: conduct regular reviews to assess compliance with the Contract Management Framework, identify gaps, and implement corrective measures to maintain alignment and accountability
• Integrate Risk Controls and Contract Management: align risk controls from the Third-Party Risk Management Framework with contract management processes, creating an integrated set of operating practices
• Build Meaningful Relationships: build and maintain strong relationships with senior stakeholders and suppliers, acting as a trusted advisor and escalation point for complex queries and ensuring alignment with organisational frameworks
• Leverage Data and Digital Tools for Insights: extract, review, and present key information to support reporting goals, including compliance monitoring and supplier financial health assessments. Finalise requirements and drive the implementation of the supplier and contract management module within the digital procurement tool, driving enhanced efficiency, transparency, and decision-making capabilities

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