Supplier Assurance Business Partner Third Party Risk Management

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

Job summary

A reputable recruitment business in the UK is seeking a Supplier Assurance Business Partner for a role that involves leading third-party risk management initiatives. This position offers a salary of £60k-£65k and flexible working options. Applicants should have strong stakeholder management skills and experience in risk management within a regulatory framework. Benefits include 25 days of holiday plus bank holidays, a pension contribution of up to 10%, and additional bonuses.

Benefits

25 days of holiday plus bank holidays

Pension contribution up to 10%

Average bonus of 10%

Qualifications

• Strong understanding of Third Party Risk Management.
• Experience with Supplier Risk in a regulatory landscape.
• Candidates with experience in FS/Insurance would be a bonus.

Responsibilities

• Act as the main point of contact in the Supplier Assurance team.
• Oversee the monitoring of the TPRM maturity and capability.
• Assist in developing tools to monitor compliance.

Skills

Stakeholder management skills

In-depth understanding of Third Party Risk Management

Quality Assurance and process improvement

Supplier Risk and Regulatory understanding

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). 60 - 65k. Supplier Assurance Business Partner is required to join an Insurance Broker on a permanent basis. This business is well known for its personal lines insurance (motor and home insurance).

Key Duties

• Be the lead and main point of contact in the Supplier Assurance team and be a trusted advisor in relation to third party risk management for business stakeholders across the organisation
• Work alongside the Supplier Assurance Manager with embedding and rolling out Group wide supplier management procedures and frameworks within the business
• Maintain a maturity map of supplier management and work with relationship managers for a compliance framework across the business
• Establish a training and e-learning suite of third party risk management activities to coincide with existing supplier management procedures and frameworks
• Lead on the Supplier Management Forum, including maintaining the Terms of Reference the development of the agendas and presenting in the Forum as required
• Assist the Supplier Assurance Manager in developing the tools by which to monitor compliance to the Group-wide supplier management procedures and framework and lead in undertaking the monitoring of relevant colleagues\' compliance to the Group-wide supplier management procedures and framework
• Support the Supplier Assurance Manager in the creation and development of new tools, templates and guidance as required which will form the Group-wide supplier management procedures and framework
• Oversee the monitoring of the TPRM maturity and capability of colleagues undertaking supplier management activities across the organisation
• Assist the Supplier Assurance Manager 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 fully 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 experience in FS/Insurance would be a bonus
• Candidates with experience in Third Party Risk Management Systems would be 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!

Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.