Third Party Risk Management Lead | S4| Procurement | Unity Place – Multiple Locations

Santander USA; Milton Keynes; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution is seeking a Third-Party Risk Management Lead to establish a robust risk management framework that enhances supplier integrity and supports procurement decisions. The role requires strong senior-level risk management experience and the ability to drive a culture of risk awareness within Procurement. Offering a hybrid working model, the organization values transparency and sustainability in its operations, aiming for a resilient business model amidst a dynamic market landscape.

Benefits

30 days holiday plus bank holidays

£6,000 car allowance

Company funded private medical insurance

Wellbeing support services

Volunteering opportunities

Qualifications

• Experience of operating at a senior level in risk management.
• Experience of designing and implementing strategic improvement plans.
• Understanding of third-party risk in Procurement.

Responsibilities

• Establish and champion a risk management framework.
• Enable smarter procurement decisions through risk awareness.
• Drive continuous improvement in the supply chain.

Skills

Senior level risk management experience

Interpersonal skills

Ability to explain complex concepts

Operational risk management

Job description

Third Party Risk Management Lead | S4| Procurement | Unity Place – Multiple Locations Country: United Kingdom

IT STARTS HERE

Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organisation, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.

This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

The Procurement function plays a critical role in ensuring that all purchasing activities align with organizational goals, deliver cost efficiency, and support operational excellence. It focuses on sourcing, negotiating, and managing supplier relationships to secure the right goods and services at the best value, while maintaining compliance with company policies and ethical standards.

By working closely with internal stakeholders, Procurement bridges strategic objectives and operational needs, ensuring that purchasing decisions contribute directly to business performance, innovation, and sustainability. The function emphasizes transparency, efficiency, and collaboration to drive continuous improvement across the supply chain.

THE DIFFERENCE YOU MAKE

Santander UK

is looking for a Third-Party Risk Management Lead.

Our preferred location for this role is Unity place but we will consider applications from Bradford and Glasgow.

As the Third-Party Risk Management Lead in Procurement, the goal is to establish and champion a best-in-class risk management framework that safeguards the organization’s supply chain, strengthens supplier integrity, and enhances overall business resilience. This role aspires to drive a culture of proactive risk awareness—balancing compliance, innovation, and commercial value—by embedding robust due diligence, monitoring, and governance practices across all third-party relationships.

Through strategic collaboration with cross-functional teams, the Lead aims to enable smarter, risk-informed procurement decisions that not only protect the business but also create sustainable partnerships, foster transparency, and support long-term growth in a rapidly evolving global landscape.

WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Professional Experience

• Experience of operating at a senior level in risk management, with a demonstrable understanding of third-party supplier risk management.(Required)
• Experience of designing and implementing strategic improvement plans, with measurable multi year benefit. (Required)
• An understanding of how to achieve good commercial outcomes through Procurement, and the role third party risk plays in this. (Required)

Languages

• English (Required)

Hard Skills

• Good interpersonal skills - persuades and influences others, using a range of approaches, to achieve deliverables (Required)
• Ability to give explain complex technical concepts in simple, clear language appropriate to the audience. (Required)
• Developed trusted relationships, establishing effective working relationships with customers, vendors and peers, using sound interpersonal skills.(Required)
• Proven ability to use tools, data and best practices to identify, assess and manage operational risk exposures, ideally within Financial Services.(Required)

WE VALUE YOUR IMPACT

At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return.

Here, recognition goes beyond pay. It’s about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive — personally and professionally.

• 30 days’ holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year
• £6,000 car allowance per year
• Company funded individual private medical insurance

• Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.
• Share in Santander’s success by saving or investing inour shareplans.
• As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services

• Competitive rewards that reflect the real impact you make and the value you bring.
• Wellbeing that goes beyond work — we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support.
• Support for every life stage — from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support.
• Time to give back through volunteering opportunities that let you make a difference in the communities we serve.
• Global growth opportunities to shape your career, learn new skills and explore what’s possible across our international network.

Ready to be recognised? It starts with you.

LOCAL COMPLIANCE

At Santander, we’re proud to be an inclusive organisation that provides equal opportunities for everyone — regardless of age, gender, disability, civil status, race, religion or sexual orientation.

We’re committed to creating a recruitment experience that’s accessible, fair and welcoming for all candidates.

We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow.

To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles).

When applying, please consider the travel distance, time and cost to your chosen office location(s).

Right to work in the UK

• Every individual must have the right to work in the UK to commence employment with Santander either by way of nationality, visa or work permit. If you do require a working visa / permit this will not influence our decision on whether to progress your application. However, if you do not have a right to work, or an application for a working visa / permit is unsuccessful, Santander will not proceed with your application and will withdraw any conditional offer previously made.

We welcome applications on the understanding that, should you be offered this role, there may be no relocation package available. Santander will pay the employer mandatory government fees that are required to pay in connection with visa sponsorship. You may be liable for your own personal employee immigration and relocation costs.

WHAT TO DO NEXT

If this sounds like a role you are interested in, then please apply.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through email. You can contact us at [e-mail].