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Supplier Management Apprentice

  • M&G Investments
  • London, City of London
  • £26000 per annum
Vacancy provider logo for BPP Professional Apprenticeships

An exciting opportunity to join M&G as a Supplier Management Apprentice.

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  • GMFJ Reference
    258307
  • Wages
    £26,000 p/a
  • Hours
    37.50 per week
  • Date Posted
    06/03/2025
  • Start Date
    01/09/2025
  • Approx. Duration
    15 Months

  • Location
    London
  • Status
    Now Taking Applications
  • Sector
    Business & Administration
  • Opportunity Type
    Advanced Level 3
  • Apprenticeship Standard
    Business administrator (ST0070)
  • Employer
    M&G Investments

Description

What does the Supplier Management team do at M&G?

The Third Party Supplier Management team sits within the wider COO function, which supports the Global Asset Management business by running the operational processes and managing the suppliers that under pin the workings of the Asset Management business.

The Asset Management COO team sits within the Asset Management business of M&G Investments which manages clients’ money by investing in different areas of the financial markets with the aim of growing that money. The investments are held in a range of funds , and are supported by different suppliers to run and operate the funds safely.

The Third party supplier management team within COO ensures that suppliers are providing the services they are contracted to correctly and in the most cost effective manner, to give our clients fair value for money. Whilst helping to demonstrate a robust supplier management approach, by ensuring our suppliers are adhering to the group risk policy, frameworks and standards.

What will you be doing?

This role will help support the Third Party management team. This will involve supporting functions such as risk, commercial, product change and supplier management activities.

The successful applicant will be working with our key strategic suppliers that support our Asset Management business and other teams within the broader business, such as Investment Accounting, Risk management and finance.

Within your apprenticeship, you’ll rotate through a few teams to give you insights into each of the areas of Supplier management, and across the different teams your daily activities will include assisting the Third party supplier management team to:

•Collate, review and understand contracts with suppliers, updating account plans and financials

•Undertake due diligence reviews on our suppliers , ensuring they are within the risk appetite of the company, including writing reports.

•Ensure supplier meetings are run correctly and accurately reflect the key activities taking place between M&G and the suppliers, and that issues are escalated to the correct forums

•Manage the change management activities between M&G and the suppliers, supporting fund launches or other project requirements.

•General administration tasks.


For more information about this vacancy please contact BPP Professional Apprenticeships on 01133 500 333 (Ref ID: 258307)

  • Confident communication skills, both written and verbal with the whole team and stakeholders both internal and external.

  • Moderate understanding of the MS Office (Word, Excel, PowerPoint, Outlook).

  • Empathy and good listening skills.

As a minimum, candidate will have 5 GCSEs with Maths and English, grades 4+.

As a Supplier Management Apprentice with M&G, you will undertake the Level 3 Business Administrator Apprenticeship. The apprenticeship will be delivered through a blend of live online learning, pre-recorded lectures, and face to face inductions and masterclasses

This is a fixed term contract for 15 months upon which the business may decide to retain, subject to the Apprentice performance, headcount, and available funding. If recruited into a permanent role, the individual will follow the career progression applicable to the specific role/department.

  • A proactive team player who is confident about working with others but also independently and can promptly escalate any issue and work remotely where required.

  • Logical and analytical approach coupled with intelligence, passion and a drive to learn.

  • Ability to formulate own opinions by thinking analytically about problems, thinking “outside the box” to resolve issues where required.

  • Efficient and proactive. Ability to manage processes and coordinating with different people.

  • High level of accuracy and good attention to detail.

  • Structured approach to work and very well organised. Works well off of checklists & time blocking/time management.

  • Can effectively manage day to day work, alongside apprenticeship qualification.

  • Can keep calm under pressure.

Upon completion of the apprenticeship, there may be opportunities for career progression within relevant departments based on performance, business needs, and available opportunities. If recruited into a permanent role, the individual will follow the career progression applicable to the specific role/department.

We have a diverse workforce and an inclusive culture at M&G plc, 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 or disability 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.

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