Supplier Risk Analyst

Tesco Insurance and Money Services; Newcastle upon Tyne; Hybrid; GBP 30,000 - 36,000; Full time

Benefits offered by this job

Pension

Private Medical Insurance

Annual bonus

Holiday entitlement

Discount card

Parental leave

Save as you earn

Learning opportunities

Job summary

Tesco Insurance and Money Services is seeking a Supplier Risk Analyst on a 12-month secondment/FTC in the UK. The role focuses on delivering supplier risk and assurance activities across our third‑party supplier landscape, strengthening controls and supporting positive customer outcomes.

You will work with the Supplier Risk and Assurance Manager to perform assurance reviews, risk monitoring, regulatory activities, and stakeholder engagement while developing your technical knowledge in risk and

Qualifications

• Experience analysing data, producing reports and drawing insights to support decisions.
• Good knowledge of risk, compliance, governance or regulatory requirements.
• Excellent communication and stakeholder management skills.
• Strong organisational and planning skills in a fast-paced environment.

Responsibilities

• Collect, analyse and interpret data from multiple sources to support supplier assurance activities and risk decisions.
• Support delivery of supplier risk and assurance reviews, identify issues and escalate concerns.
• Monitor risk indicators and regulatory requirements to ensure alignment with policies and controls.
• Produce reports and insights to support decision-making and continuous improvement.
• Build relationships with internal and external stakeholders to support engagement.
• Contribute to development of supplier risk processes and expand technical knowledge.

Skills

Data analysis

Risk management

Stakeholder management

Regulatory knowledge

Job description

Serving our customers, communities, and planet a little better every day.

About the role

Serving our customers, communities, and planet a little better every day.

Supplier Risk Analyst , 12 Month Secondment/ 12 Month FTC

Salary: From £33,040 DOE + annual bonus & benefits

Work Level: 1

Location: Newcastle, Glasgow, Edinburgh

Office Attendance: Our hybrid working model gives you the best of both worlds - flexibility to work from home and valuable face-to-face time with colleagues. This role typically requires 2 days per week onsite.

Closing Date: Applications close on 22 September at 5pm

Why this role?

As a Supplier Risk Analyst, you’ll have the opportunity to play an important role in supporting the delivery of supplier risk and assurance activities across our third-party supplier landscape. strengthening our control environment and supporting the delivery of positive customer and business outcomes.

Working closely with the Supplier Risk and Assurance Manager, you'll contribute to assurance reviews, risk monitoring, regulatory compliance activities and stakeholder engagement.

This is an excellent opportunity for someone who enjoys analysing information, working collaboratively with a range of stakeholders and helping to strengthen risk management and governance processes.

What you’ll be doing

• Collecting, analysing and interpreting data from multiple sources to support supplier assurance activities, reporting and risk management decisions.
• Supporting the delivery of supplier risk and assurance reviews, identifying issues, recommending actions and escalating concerns where appropriate.
• Monitoring risk indicators and compliance requirements, ensuring supplier activities align with regulatory expectations, internal policies and control frameworks.
• Producing reports, insights and analysis to support decision-making, continuous improvement and effective supplier oversight.
• Building effective relationships with internal and external stakeholders, coordinating meetings, actions and communications to support engagement and understanding.
• Supporting the continuous development of supplier risk processes, controls and assurance activities while building your own technical knowledge and expertise.

What we’re looking for: (minimum criteria)

• Experience analysing data, producing reports and drawing meaningful insights to support business decisions, risk management activities or assurance reviews.
• Good knowledge of risk, compliance, governance or regulatory requirements, with the ability to interpret policies, assess issues and make sound recommendations.
• Excellent communication and stakeholder management skills, with the ability to collaborate effectively, build relationships and present information clearly to a variety of audiences.
• Strong organisational and planning skills, with the ability to manage competing priorities, meet deadlines and work effectively in a fast-paced environment.

And if you have any of these, even better

• Experience working within supplier risk, third-party risk, audit, compliance or operational risk environments.
• Experience supporting assurance, regulatory or control testing activities.
• Strong financial analysis or reporting experience.
• Knowledge of financial services regulatory frameworks and supplier governance requirements.

We welcome applications from everyone. If you’re excited about this role but your experience doesn’t align perfectly with every requirement, we’d still love to hear from you.

What’s in it for you

• A generous pension, with up to 7.5% employer contribution, depending on what you put in.
• Private Medical Insurance (WL2+) and virtual GP Service for you and your family
• Performance related annual bonus.
• 7.2 weeks holiday, with the opportunity to buy more.
• Colleague Clubcard discount (10-15% + second card to share with someone else).
• Enhanced parental leave.
• Opportunities to Save and Buy as you earn.
• A place to get on - take advantage of our ongoing learning opportunities to help you achieve the job and career you want.

Interviews

As a Disability Confident Employer (Level 2), we’re committed to creating an accessible and supportive environment for all. We offer reasonable adjustments throughout the recruitment process, including interviews, to ensure every candidate has a fair opportunity to succeed.

We also know the importance of balancing work with life’s other commitments. Please talk to us at interview about the flexibility you need, as we’re committed to exploring part time and flexible working opportunities, at every level of the organisation.

Interviews are expected to be held from late September.

Why Tesco Insurance and Money Services?

Seeing your impact all around you: there's no better feeling.

Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day.

We deal in the personal – from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you've worked hard for.

Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome.

So, if you want a career where you can do good and feel good, you've found it.

Let's make everyday a little better.

Our story

Making Insurance and Money Services more rewarding and offering great value and choice - because we know little wins can make a big difference.

We began life in 1997 and now help more than 2 million customers protect what matters to them.

We want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centers are open seven days a week.

Delivering great customer service means having great people behind the scenes – people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.