Supplier Risk Manager

Lloyds Banking Group; Leeds; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution in the UK seeks an Assistant Manager for Supplier Risk. This role involves supporting compliance with regulatory frameworks, managing supplier risk oversight, and assisting in the development of effective risk strategies. The ideal candidate should have a solid understanding of supplier risk, excellent communication skills, and a proactive team player attitude. The company offers a generous pension, performance-related bonuses, and supportive workplace initiatives. Join us to make a meaningful impact in financial services.

Benefits

Generous pension contribution

Annual performance-related bonus

Share schemes

Discounted shopping

28 days' holiday plus bank holidays

Wellbeing initiatives

Qualifications

• Solid understanding of supplier risk and relevant regulations.
• Knowledge of operational risk best practices.
• Ability to provide credible advice to colleagues.
• Excellent communication and organizational skills.
• Record of delivering results with documentary evidence.

Responsibilities

• Support risk management in line with the ERMF.
• Provide oversight for compliance with regulations.
• Assist with the development of supplier risk capability.
• Prepare updates for risk committees and track remediation.
• Contribute to the evolution of supplier risk capability.

Skills

Supplier risk understanding

Operational risk knowledge

Communication skills

Problem-solving

Team player

Job description

We're looking for an Assistant Manager to join our team of Supplier Risk Specialists focussed on the development, implementation and operationalisation of robust Business Unit Supplier Risk Oversight aligned with the Group's Enterprise Risk Management Framework (ERMF). As an Internal and External Supplier Risk Assistant Manager you have the opportunity to:

Responsibilities

• Support the team in oversighting 1LOD robust risk management in alignment with the Group's Enterprise Risk Management Framework (ERMF).
• Provide insight, and oversight on how the Group demonstrates compliance with all material regulatory requirements (e.g. SYSC 8, OCIR and SS2/21 rules).
• Support the strategy and approach for policies, appetite, and controls to enable the delivery of customer, regulatory and business strategic outcomes., Support the development and maintenance of effective relationships with strategic internal customers, assisting senior colleagues in acting as trusted advisors for supplier risk matters.
• Provide SME input into the ongoing development of LBG's supplier risk capability, including helping to interpret and implement new regulatory requirements.
• Support the development of risk opinions on key topics or emerging themes, to inform LBG's supplier strategy.
• Help ensure Business Units align to internal policies and regulatory requirements (e.g., SS2/21, EBA, DORA), by supporting compliance monitoring and reporting activities.
• Assist in preparing periodic updates for risk committees, including gathering data on Business Unit performance and supporting the tracking of remediation actions for notable or emerging risks.
• Contribute to the ongoing evolution of supplier risk capability, drawing on your experience with frameworks, policies, tooling to support continuous improvement.
• Assist with the development and implementation of data-led Operational Risk control objectives, supporting risk and control owners, specialist teams with relevant information and analysis.,

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we're committed to creating an environment in which everyone can thrive, learn and develop.

Qualifications

• Demonstrates a solid understanding of supplier risk, and familiarity with relevant regulations.
• Understands operational risk best practices and supports the team in applying these approaches, learning from recognised internal and external standards.
• Provides credible advice and support to colleagues and the business, helping to uphold the mandate of senior management functions (SMF).
• Shows a good grasp of relevant regulations, industry standards, and established practices in Operational Risk Management, and applies this knowledge in day-to-day activities.
• Demonstrates sound judgement and timely decision-making, supporting the organisation's progress and helping to balance competing priorities, with an awareness of business strategy and risk opportunities.
• Act as a team player, willing to get involved in tasks, solve problems and support colleagues by contributing positively to strategic goals.
• Excellent communication and organisation skills.
• Inclusive working style that ensures everyone can be themselves in a safe environment.
• Record of delivering results and an understanding the importance of documentary evidence for key decisions.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we're building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

Benefits

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 28 days' holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

If you're excited by the thought of becoming part of our team, get in touch. We'd love to hear from you.