Risk Manager

Risk Manager

We are hiring 2 Group Supplier Risk Managers

The Flutter Entertainment group is the world’s largest online gambling and gaming operator.

At Flutter we have over 24,000 talented employees around the world who all share a common set of traits; competitiveness, agility, integrity and a relentless focus on delivering the highest standards of entertainment to our customers in a safe and responsible way. If you are searching for an opportunity to work for the world’s leading and most innovative sports betting and gaming company, you might be interested in this role.

Flutter’s Procurement Transformation Programme (PTP) is providing the organisation the Target Operating Model (TOM) needed to power and protect the spend of a global, US-listed gambling and gaming leader. A global base, Flutter Entertainment India (FEI) is being established in Hyderabad. Investments are being made in the Coupa Procurement technology with new processes being developed. With such innovation, Flutter Procurement will deliver a service to the business that is best in class. Procurement is also a strategic vehicle driving a lot of our Global Positive Impact Plan, in particular, our roadmap to becoming a Net Zero business by 2035.

ROLE OVERVIEW

Our 3rd party partnerships are essential to supporting our business operations, growth and strategic aims. Our supply chain must be focussed on delivering good consumer outcomes and maintaining operational resilience. As such, it's crucial that we understand the risks faced from our end-to-end supply chain and ensure we’re managing them effectively. To support our efforts, we’re looking for talented professionals to join our growing global supplier risk management team (SRM).

We are hiring 2 Group Supplier Risk Managers at Flutter, where you will play a crucial role in managing and mitigating risks related to third-party suppliers. You will be responsible for developing risk management frameworks, conducting due diligence and ensuring that our suppliers comply with industry regulations and internal standards. This role will require collaboration across multiple departments, including procurement, compliance, legal, and IT, to safeguard the company's operations and reputation and are helping to deliver on our strategic, including our Positive Impact Plan.

The Group Supplier Risk Manager role will involve:

Supplier Risk Management:

• Manage the implementation of Flutter’s supplier risk management framework and related processes (including but not limited to):
  • Conduct and coordinate segmentation of Flutter’s supplier base to classify suppliers based on their criticality and risk exposure
  • Conduct and maintain supplier risk control assessments and supplier risk profiles
  • Coordinate ongoing risk monitoring and mitigation activities with suppliers, business and cross-functional teams across Flutter and its subsidiaries
  • Assisting in the development of SRM initiatives (eg: supporting ESG agenda and advancement of our Positive Impact Plan, developing Exit Plans and Business Continuity Plans)

Collaboration & Stakeholder Engagement:

• Taking a collaborative business-partnered approach to achieving business objectives with internal teams (for example, category management and supplier management teams) and external suppliers
• Establish strong relationships with global stakeholders across Flutter’s subsidiaries to collaboratively drive PTP and embed standard ways of working (FEI, Coupa) in accordance with the SRM Framework.
• Act as the main point of contact for operational level escalations

Reporting:

• Monitor and report on Global Compliance with SRM Policy, including provision of timely, accurate KPI’s.
• Demonstrate existing or develop targeted material to deliver actionable risk reporting to Flutter business and cross-functional teams as needed

Additional Job Responsibilities

• Ensuring that the FEI SRM team are equipped to deliver on their objectives – identifying gaps and opportunities for improvement e.g. system requirements and enhancements, quality of SRM outputs, quality of interactions with Flutter Business and cross-functional teams
• Supporting the preparation of information for any applicable internal/external audits and external reporting disclosures (where applicable).
• Providing key insights back to business stakeholders.
• Help the business to monitor emerging / horizon risks, escalating any critical risks to senior stakeholders and implementing risk mitigation strategies.
• Keep updated with industry trends and regulatory requirements related to supplier risk management and act as subject matter advisor on supplier risk management matters supporting business and cross-functional teams for which you will be the key liaison point
• Provide training and guidance to staff on supplier risk management and promote a proactive supplier risk management culture across Flutter
• Participate in supplier risk committees / working groups
• Support the Head of Supplier Risk Management and Group SRM Senior Managers as required, on any broader Risk and Assurance initiatives.
   

KNOWLEDGE, SKILLS AND COMPETENCIES

• Minimum of 5 years of experience in risk management, supplier/vendor/third-party management, or a related role
• A good understanding of the principles of risk management, control, and assurance
• Experience with regulatory requirements related to supplier risk
• Excellent analytical, problem-solving, and decision-making skills
• Strong interpersonal and communication skills, with the ability to collaborate effectively with internal and external stakeholders
• Attention to detail and accuracy
• Ability to work independently and manage multiple priorities
• Strong organisational and project management skills
• Flexible to work across multiple time zones
• Experience working in a global organisation, with cross-cultural and cross-regional collaboration.
• Travel may be required and may increase over time as the business evolves.

Added Advantages

• Qualifications relating to Risk Management would be an advantage
• Familiarity with procurement systems (e.g. Coupa, or similar platforms)
• Familiarity with risk management software and systems (e.g. OneTrust, Archer etc)
• Experience with supplier risk management frameworks, tools, and best practices
• Inclusive working style that ensures consensus-based decision-making
• Record of delivering results and an awareness of the importance of documentary evidence for key decisions