Supplier Relationship & Third-Party Risk Manager

About the job

As Supplier Relationship & Third-Party Risk Manager, you will play a key role in strengthening how MSIG Europe manages supplier relationships, vendor performance, and third-party risk across the organization. Reporting to the Head of Procurement in the Netherlands, you will lead the development and continuous improvement of the supplier governance and Third-Party Risk Management (TPRM) framework in a highly regulated international insurance environment.

You will act as a trusted procurement advisor and commercial partner to the business, ensuring supplier resilience, regulatory compliance, and long-term value creation. Working closely with Procurement, IT, Legal, Information Security, Cyber Security, and business stakeholders, you will oversee the full supplier lifecycle while helping to build a best-in-class Procurement function across MSIG Europe.

This role offers the opportunity to operate at a strategic level while remaining hands-on in supplier governance, risk management, stakeholder engagement, and continuous improvement initiatives.

On a day to day you will

• Develop and continuously improve the supplier relationship management and third-party risk framework across MSIG Europe.
• Build strong partnerships with internal stakeholders to align procurement objectives with business needs.
• Act as a procurement advisor and commercial partner on third-party spend, supplier performance, and risk-related matters.
• Contribute to the Procurement strategy with a focus on supplier resilience, risk-informed sourcing, and long-term value creation.
• Ensure the Procurement Framework is understood, adopted, and implemented across the organization.
• Establish and maintain governance processes for critical suppliers and contracts.
• Create and manage supplier scorecards, KPIs, dashboards, and performance reporting.
• Lead Quarterly Service Reviews (QSRs) and annual executive supplier meetings.
• Identify supplier performance gaps and drive Service Improvement Plans where needed.
• Influence supplier performance through effective negotiation, constructive challenge, and contractual management.
• Collaborate with IT, Legal, Cyber Security, Information Security, and vendor managers to assess supplier risks and address performance concerns.
• Coordinate Third-Party Risk Management activities across departments and ensure compliance with internal policies and external regulations.
• Manage regulatory reporting obligations related to critical vendors, including interactions with regulators such as the NBB.
• Maintain and update risk assessment methodologies and templates to align with evolving regulatory requirements, including DORA.