Supplier Assurance Business Partner Third Party Risk Management

Sellick Partnership; England; Hybrid; GBP 60,000 - 65,000; Full time

Job summary

A leading insurance broker is seeking a Supplier Assurance Business Partner based in Sussex or Manchester, with remote work options. The role involves managing third party risk, leading supplier management procedures, and ensuring compliance with regulations, requiring strong stakeholder management skills. Competitive salary and benefits package offered.

Benefits

25 days holiday plus bank holidays

Pension contribution: up to 10%

Average 10% bonus

Qualifications

• Strong stakeholder management skills and relationship-building.
• In-depth understanding of Third Party Risk Management.
• Experience in Quality Assurance and process improvement.

Responsibilities

• Act as a trusted advisor on third party risk management.
• Embed and rollout supplier management procedures.
• Lead the Supplier Management Forum and maintain oversight.

Skills

Stakeholder management skills

In-depth understanding of Third Party Risk Management

Experience in Quality Assurance

Experience with Supplier Risk and Regulatory understanding

Experience in auditing and managing compliance processes

Job description

Overview

Supplier Assurance Business Partner (Third Party Risk Management) – Sussex / Manchester. Remote may be considered, flexible working options. Salary: £60 - 65k. This role is a permanent position within an Insurance Broker known for personal lines insurance (motor and home).

Key Duties

• Be the lead and main point of contact in the Supplier Assurance team and act as a trusted advisor on third party risk management for business stakeholders across the organisation.
• Work with the Supplier Assurance Manager to embed and rollout Group-wide supplier management procedures and frameworks.
• Maintain a maturity map of supplier management and collaborate with relationship managers on a compliance framework across the business.
• Establish a training and e-learning suite for third party risk management activities aligned with existing supplier management procedures and frameworks.
• Lead the Supplier Management Forum, including maintaining Terms of Reference, developing agendas and presenting as required.
• Assist in developing tools to monitor compliance with the Group-wide supplier management procedures and framework; lead monitoring of relevant colleagues’ compliance.
• Support the creation and development of new tools, templates and guidance for the Group-wide supplier management procedures and framework.
• Oversee monitoring of TPRM maturity and capability of colleagues undertaking supplier management activities across the organisation.
• Assist in the management and closure of all Risks and Controls assigned.
• Act as liaison between the Supplier Assurance Team and the Procurement Team within P&SM to ensure Procurement colleagues are aware of the TPRM agenda, processes and developments.
• QA the data outputs of the Supplier Assurance Team alongside the Supplier Assurance Manager.
• Ensure any supplier Technical Audit activity is undertaken in line with the Group-wide supplier management framework and proportionate to the Segmentation outcome.
• Monitor OsCo supplier Return to Green (RTG) Plans to ensure Relationship Managers are progressing them appropriately.

Key Attributes

• Strong stakeholder management skills and relationship-building.
• In-depth understanding of Third Party Risk Management.
• Experience in Quality Assurance and process improvement.
• Experience with Supplier Risk and Regulatory understanding, working with supply chain risk in a regulatory landscape. Candidates with FS/Insurance experience are a bonus.
• Candidates with experience in Third Party Risk Management Systems are advantageous.
• Experience in auditing and managing compliance processes.
• Good working knowledge of supply chain risk and controls.
• Understanding of Regulatory Rules regarding outsourcing.

Benefits

• Holidays: 25 days, plus bank holidays + YouDay.
• Pension contribution: up to 10%.
• Bonus: Average 10%.
• Plus much more!

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