Third Party Risk Manager

BUPA; Eccles; Hybrid; GBP 64,000 - 80,000; Full time

Benefits offered by this job

25 days holiday pro rata

Wellbeing programme (Viva)

Employee assistance programme

Workplace pension

Job summary

Bupa is hiring a Third Party Risk Manager on a 9-month fixed term contract with hybrid working options. Salary £64,200 - £80,200 per annum, full-time 37.5 hours.

The role supports risk and assurance across third-party engagements, ensuring compliance with policies and regulatory requirements while enabling high-quality customer service and patient care. The successful candidate will lead risk strategy development, produce MI, and advise category teams on third party risk, with occasional travel

Qualifications

• Experience in third party risk management and supplier risk frameworks.
• Understanding of FCA and PRA requirements relevant to risk management.
• Experience with procurement policy and supplier outsourcing policy.

Responsibilities

• Lead development of the procurement risk management strategy and internal controls.
• Ensure compliance with Procurement Policy and Suppliers Outsourcing Policy for third party risk.
• Understand regulatory requirements from FCA, PRA, CQC, ICO and HSE relevant to the firm.

Skills

Risk management

Third party risk

FCA/SYSC 8/13 knowledge

Procurement policy

Compliance

Data & MI reporting

Stakeholder management

Job description

Job Description:

Third Party Risk Manager

Hybrid working with up to 3 days per week working from home

Salford Quays Manchester or Kirkstall Forge Leeds

9-month fixed term contract

Salary £64,200 - £80,200 per annum dependent upon experience

Full time 37.5 hours per week

We make health happen

Working in our UK support functions you'll play a key part in helping our customer facing colleagues deliver exceptional standards of customer service and patient care. No matter your role, you'll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day.

We're looking to appoint an experienced third party risk manger who can bring best practice in supporting the wider risk and assurance team as well as working on life policies.

How you'll help us make health happen

• Lead the development of Procurement's risk management strategy and internal controls framework within a third party risk management setting.
• Ensuring compliance with the Procurement Policy and the Suppliers Outsourcing Policy in relation to Third Party Risk Management
• Understand and the requirements and respond to changes required of a firm regulated by the Financial Conduct Authority, Prudential Regulation Authority and Central Bank of Ireland.
• Understand wider regulatory requirements e.g. from the CQC, ICO or HSE.
• Own the Third Party Risk Management controls for the Procurement function and relating to third party risk landscape acting as a single point of expertise.
• Responsible for the creation and maintenance of appropriate MI and reporting, to accurately reflect the third party risk management control environment.
• Contribute to the use of and accurate data stored in the Procurement Risk Tools e.g. Process Unity.
• Support ICRMA and continuous monitoring activity for the Supplier Enterprise Policy
• Provide Support and advice in relation to internal and external risk factors and, respond to the needs of the business in relation to third party risk and market disruption.
• Provide regular support and guidance to the category teams in relation to the third party risk management process.
• Act as trusted business advisor and respond to current and emerging risks across the third-party landscape.
• Support internal audit activity and controls testing on behalf of Procurement.
• Work closely with other members of the Centre of Excellence team.
• Support the Incident Management and Risk reporting process on behalf of Procurement.
• Support with submissions and the management of Local, Functional, BINS/ BISL, MU and Group governance committees.
• Support, and as required, lead on the production of committee materials and chairing responsibilities.
• Deputise on behalf Risk, Policy and Governance Manager when required.
• There will be a requirement to travel from time to time to visit Bupa's offices in addition to the role holder's office location. There will also be a requirement to travel to meet suppliers and stakeholders.

Key Skills / Qualifications needed for this role:

• Previous experience in a similar role
• A proven Third-Party Risk Management background, with experience in working with supplier assurance and risk management frameworks.
• Demonstrate comprehension of the requirements set out in the FCA (SYSC 8/13) and PRA handbook.
• Knowledge of supply chain processes and the tools and techniques used to improve them.
• A background in Procurement is desirable.
• An appetite to drive compliance and continuous improvement.
• Strong communicator with self & social awareness
• Customer focused.

Benefits

Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health - from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits.

Joining Bupa in this role you will receive the following benefits and more:

• 25 days holiday per year, pro rata to your contract.
• Access to a range of services to support your physical and mental wellbeing
• Fixed term benefits allowance
• Access to our confidential employee assistance programme
• Workplace pension
• Online discounts covering your everyday shopping, entertainment, eating out and more.

Why Bupa?

We're a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose - helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring and responsible in everything we do.

We encourage all of our people to ”Be you at Bupa”, we champion diversity, and we understand the importance of our people representing the communities and customers we serve. That's why we especially encourage applications from people with diverse backgrounds and experiences.

Bupa takes pride in being a Level 2 Disability Confident Employer and will aim to offer an interview/assessment to disabled applicants who best meet the minimum criteria for the role. We're committed to ensuring you're treated fairly during the recruitment process and offer reasonable adjustments to anyone who may benefit from accommodations to the recruitment process.

Time Type:

Full time

Job Area:

Finance & Accounting

Locations:

Bupa Place, Kirkstall Forge