Commercial Contracts & Third Party Governance Specialist

📍 London (Hybrid, 3 days in the office) |

A leading organisation within the insurance and financial services sector is looking to appoint a Commercial Contracts & Third-Party Governance Specialist to join its Legal & Compliance function.

This is a broad and varied role, combining commercial contract management, supplier governance and third-party risk oversight. The successful candidate will work across the full supplier lifecycle, managing contract reviews, supporting due diligence activities and helping to drive effective governance processes across the business.

The Role

Key responsibilities will include:

• Reviewing, drafting and negotiating supplier contracts, SOWs, renewals, amendments and terminations.
• Supporting supplier onboarding, due diligence and ongoing third-party risk assessments.
• Identifying contractual risks and working with stakeholders to implement practical solutions.
• Managing supplier governance activities, approvals, actions and remediation plans.
• Maintaining oversight of contract renewals, key obligations and exit planning requirements.
• Producing management information and reporting on third-party engagements, risk assessments and contract activity.
• Supporting the implementation and administration of a third-party risk management platform.
• Assisting with framework enhancements, process improvements and audit activities.

About You

Candidates should ideally demonstrate:

• Experience managing commercial supplier contracts and contractual negotiations.
• Knowledge of contractual provisions including liability, confidentiality, data protection, intellectual property, service levels and termination.
• Exposure to third-party risk management, supplier governance, outsourcing oversight or vendor management activities.
• Strong stakeholder management and communication skills.
• Excellent organisation, record-keeping and reporting capabilities.
• Experience within insurance, financial services or another regulated environment would be advantageous.
• Familiarity with contract lifecycle management (CLM) systems or third-party risk platforms would be beneficial.

Why Apply?

This opportunity offers exposure to senior stakeholders across the business and the chance to play a key role in developing supplier governance and third-party risk processes. You'll be joining a highly collaborative and supportive environment with a strong team culture, broad responsibilities and excellent visibility across the organisation.

If you have a background in contract management, supplier governance, third-party risk, legal operations or compliance and are looking for a role with genuine variety and stakeholder exposure, we'd be keen to hear from you.