Third-Party Risk Lead | Hybrid (Procurement)

Bupa; Manchester; Hybrid; GBP 50,000 - 62,000; Full time

Benefits offered by this job

25 days holiday

Cash allowance in lieu of benefits

Onsite gyms or local discounts

Job summary

Bupa is seeking a Third Party Risk Manager based in Manchester or London. The role sits in Procurement's Centre of Excellence and focuses on identifying, assessing and managing supplier risk across the supplier landscape in a hybrid environment (2 days in the office).

You will lead the third-party risk framework, work with category teams, support governance and regulatory reporting, and advise stakeholders on risk controls.

Qualifications

• Experience in third-party risk management, supplier assurance, procurement risk or a similar role.
• Strong understanding of supplier risk management frameworks, controls and governance processes.
• Knowledge of regulatory requirements within a regulated environment, including FCA and PRA expectations.
• Experience working with supplier assurance activities and risk management practices.
• Strong communication skills with the ability to build relationships and influence stakeholders at all levels.
• Ability to analyse risk information and present clear recommendations.
• A proactive approach to continuous improvement and driving compliance.
• Good understanding of supply chain processes and supplier management principles.
• Customer-focused mindset with strong organisational and problem-solving skills.
• Experience working within a Procurement function.
• Experience working with risk management systems and supplier governance tools.
• Experience supporting governance committees and regulatory reporting activities.

Responsibilities

• Lead the development and continuous improvement of Procurement's third-party risk management approach and controls framework
• Support compliance with Procurement policies, supplier governance standards and outsourcing requirements
• Monitor and assess third-party risks, providing guidance and recommendations to stakeholders across the business
• Act as a subject matter expert for third-party risk management within Procurement
• Produce meaningful reporting and management information that provides insight into the supplier risk environment
• Support supplier risk monitoring, assurance activities and continuous evaluation of controls
• Work closely with category teams to provide advice, guidance and support throughout the supplier lifecycle
• Support audit activity, controls testing and risk reviews
• Contribute to incident management, risk reporting and governance activities
• Support governance committee submissions and help prepare materials for senior stakeholders
• Build strong relationships across Procurement and the wider business to promote effective risk management

Skills

Third-party risk

Supplier assurance

Procurement risk

Stakeholder influence

Job description

Bupa is seeking a Third Party Risk Manager based in Manchester or London. The role sits in Procurement's Centre of Excellence and focuses on identifying, assessing and managing supplier risk across the supplier landscape in a hybrid environment (2 days in the office).

You will lead the third-party risk framework, work with category teams, support governance and regulatory reporting, and advise stakeholders on risk controls.