Advice Third-Party Contracts Relationship Manager

CompanyM&G

LocationStirling, Scotland, United Kingdom

Posted At12/29/2025

UK Visa Sponsorship Analytics

Analytics are greyed out due to low classification confidence (35.0%).

Occupation Type

Business and financial project management professionals

Occupation Code Skill LevelHigher Skilled

Sponsorship Salary Threshold

£56,500 (£28.97 per hour)

Occupation rate applies

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Description

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Advice Third-Party Contracts Relationship Manager

The Advice Third-Party Contracts Relationship Manager is responsible for overseeing the performance, risk, and commercial management of Third-Party suppliers within the M&G Advice function. This role ensures that supplier relationships are effectively governed, compliant with regulatory standards, and aligned with internal policies to deliver optimal value and mitigate risk. The role acts as a subject matter expert and champion for M&G Third-Party risk management policies and embedding these across the Advice teams.

Key Responsibilities:

Risk and Performance Management
Support Third Party Arrangement Managers with contract performance and risk reporting, ensuring compliance with legal, regulatory, and internal control frameworks
Conduct regular supplier service performance reviews, identify issues, and drive continuous improvement initiatives
Commercial Management
Monitor supplier spend against budget, ensuring financial discipline and value delivery
Oversee the timely and accurate processing of supplier invoices
Identify opportunities for cost optimisation and contract efficiencies
Record Keeping
Maintain a comprehensive inventory and repository of all contracts and supporting documentation
Ensure documentation is up-to-date, accessible, and audit-ready
Regulatory Compliance
Monitor local regulatory and legislative changes affecting third-party risk management
Ensure compliance with M&G’s Third Party Risk Management policies and procedures
Reporting & Management Information (MI)
Prepare and deliver insightful reports and MI to governance committees and senior stakeholders
Highlight key risks, performance trends, and any compliance issues

Expert Practitioner

Act as the Advice function’s subject matter expert on M&G’s third-party risk management policy and processes

Promote awareness and understanding of third-party risk policies and procedures across the business

Provide training and guidance to internal stakeholders

Key Knowledge, Skills & Experience:

Proven experience in contract and supplier management, performance monitoring, and renewal processes
Strong influencing and negotiation skills with the ability to engage stakeholders at all levels
Commercial acumen with experience in a large corporate environment, balancing risk, compliance, and value delivery
Resilience and adaptability in a fast-paced, dynamic environment
Excellent presentation and communication skills
Strong analytical and problem-solving capabilities
Self-starter with a proactive approach to identifying and resolving issues

Work Level: Experienced Colleague

Recruiter: Amy Curtis

Location: Stirling (Hybrid)

Closing Date: 23rd January 2026

What we offer:

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.

Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.

Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.

Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader

, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions.

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers@mandg.com