Supplier Risk Manager

Lloyds Bank plc; Wellington; Hybrid; GBP 43,000 - 49,000; Full time

Job summary

A leading UK financial institution is seeking a Supplier Risk Manager to oversee non-financial risk management across the Group. The ideal candidate will ensure compliance with regulatory requirements and support the development of robust risk oversight. This full-time role offers a competitive salary of £43,803 - £48,670 and a hybrid working pattern. Candidates should demonstrate a solid understanding of supplier risk and operational risk best practices, as well as excellent communication skills. Join us to make an impact in shaping finance for good.

Benefits

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

Discounted shopping benefits

28 days' holiday

Wellbeing initiatives and generous parental leave policies

Qualifications

• Solid understanding of supplier risk and relevant regulations.
• Ability to provide credible advice and support to business.
• Familiarity with operational risk management practices.

Responsibilities

• Oversight of risk management in alignment with ERMF.
• Insight into compliance with regulatory requirements.
• Preparation of updates for risk committees.

Skills

Supplier risk understanding

Operational risk best practices

Communication skills

Judgment and decision-making

Job description

End Date

Sunday 18 January 2026

Salary Range

£43,803 - £48,670

We support flexible working

We support flexible working - click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

JOB TITLE: Supplier Risk Manager
SALARY: £43,803 - £48,670
LOCATION(S): Leeds, Halifax, Bristol, Edinburgh and Birmingham
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

Job Description

About this Opportunity

An exciting opportunity awaits, and now is the perfect time to come aboard as we embed a new operating model for non-financial risk management across the Group and empower our people to take end-to-end accountability for their risks.

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:

• 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.

Key accountabilities

• 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.

Why Lloyds Banking Group

We're on an exciting journey to transform our Group and the way we're shaping finance for good. We're focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.

What you'll need

• 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.

And the following would be really useful

• 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.

About working for us

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.

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.

We also offer a wide-ranging benefits package, which includes:

• 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.

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 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.