Advice Third-Party Contracts Relationship Manager

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.

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.

1. 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

2. 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

3. Record Keeping

- Maintain a comprehensive inventory and repository of all contracts and supporting documentation
- Ensure documentation is up-to-date, accessible, and audit-ready

4. 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

5. 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

6. 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

• 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

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…