Commercial Analyst - Fixed Term Contract

Role overview

Key responsibilities

• Deliver regulatory and key control requirements for outsourced supplier services.
• Validate supplier charges, challenge costs where appropriate and ensure invoices are paid within contract timescales.
• Provide analytical and reporting support and insight into business needs, industry trends, opportunities and risks.
• Challenge the cost base and identify savings without reducing service quality.
• Lead and coordinate supplier commercial governance, including materials, minutes, actions and Executive-level governance meetings.
• Support Supplier Management best practice, manage cost validation and forecasting, and respond to contract information queries.
• Independently manage selected contract aspects and smaller project initiatives.
• Identify and implement appropriate AI opportunities to improve efficiency.

Knowledge and experience

• Essential knowledge of analytical tools and techniques, including AI, financial modelling and contract management principles.
• Essential experience providing analytical support in complex business environments.
• Essential experience working in a commercial or regulatory environment.
• Desirable knowledge of commercial negotiation, contract law and the end-to-end sourcing process.
• Desirable experience with third-party suppliers or outsourced arrangements and relevant financial services industry experience.

Personal attributes and qualifications

• Strong analytical and problem-solving skills, attention to detail and commercial acumen.
• Good written and verbal communication skills with stakeholders at all organisational levels.
• Pragmatic judgement, independent working ability and effectiveness across a wider team.
• Ability to work effectively in an ambiguous environment.
• A degree and relevant professional qualifications such as CIMA, Prince2 or IACCM are desirable.

Working arrangements

• M&G will consider flexible working arrangements and workplace adjustments for the role.

About M&G