Third Party Risk Manager in Edinburgh

Energy Jobline ZR; City of Edinburgh; Hybrid; GBP 50,000 - 75,000; Full time

Job summary

A leading financial institution in the UK is seeking a Third Party Risk Manager to oversee supplier risk, ensure compliance with regulatory requirements, and foster effective relationships across teams. The ideal candidate will have proven experience in a regulated environment, strong stakeholder management skills, and a proactive approach to risk mitigation. This role offers opportunities for professional growth in a hybrid working model.

Benefits

Professional and personal development opportunities

Collaborative work culture

Flexible working arrangements

Qualifications

• Proven experience in managing supplier risk in a regulatory environment.
• Strong knowledge of UK regulatory requirements.
• Proven ability to enhance supplier relationships.

Responsibilities

• Partner with Supplier Relationship Managers to support oversight.
• Coordinate Supplier Due Diligence and Supplier Assessments.
• Produce and present reporting related to supply chain activities.

Skills

Third Party / Supplier risk management

Stakeholder management

Negotiation

Operational Resilience

Data Privacy

Regulatory Risk

Financial Crime Knowledge

Creative problem-solving

Analytical capabilities

Education

Experience in regulated financial services

Job description

Overview

Energy Jobline is the largest and fastest growing global Energy Job Board and Energy Hub. We have an audience reach of over 7 million energy professionals, 400,000+ monthly advertised global energy and engineering jobs, and work with the leading energy companies worldwide.

We focus on the Oil & Gas, Renewables, Engineering, Power, and Nuclear markets as well as emerging technologies in EV, Battery, and Fusion. We are committed to ensuring that we offer the most exciting career opportunities from around the world for our jobseekers.

Job Description

JOB PURPOSE

Reporting to the CIO, the Third Party Risk Manager plays a key role in the management of the Bank’s supply chain, with primary responsibility for the central tasks that support effective oversight and governance of third party relationships and associated risks. This role will work closely with Supplier Relationship managers to provide robust commercial support, strategic guidance and oversight of supplier performance and compliance with the Bank’s Supply Chain Framework and overarching Risk Management Framework.

This role will co-ordinate and drive planned oversight activities including Supplier Due Diligence, Contract updates and Supplier Risk Assessments, as well as identifying and mitigating risks associated with the Bank’s supply chain. This role will also be responsible for the ongoing development and continuous improvement of the Supply Chain Framework, enhancing underlying processes, tools and reporting while embedding compliance and strong governance standards throughout.

This role requires a highly organised, pro-active and commercially aware professional with strong expertise in supplier governance, third-party risk and regulatory compliance. The ideal candidate will be skilled in leading, planning and delivering a wide range of initiatives. They should be comfortable influencing both internal stakeholders and external suppliers, while applying sound risk and commercial judgement within a regulated environment.

MAIN RESPONSIBILITIES / KEY DUTIES

• Partner with Supplier Relationship Managers to support effective oversight, including participation in supplier review meetings and escalation processes.
• Lead central Supply Chain Management activities such as Supplier Due Diligence, Materiality Assessment, Contract updates, Supplier Risk Assessments.
• Coordinate Supply Chain Management tasks with other support functions including Legal, Financial Crime, Finance, IT, Compliance.
• Maintain a clear and actionable work plan, ensuing progress is well-tracked, communicated and aligned with stakeholder expectations.
• Develop, enhance and maintain the Bank’s Supply Chain Management Framework ensuring ongoing regulatory compliance (e.g., PRA SS2/21).
• Drive and champion compliance with the Bank’s Supply Chain Management Framework.
• Identify and asses risks associated with the Bank’s supply chain providing proactive support for mitigation and remediation.
• Ensure Third Party Risk is considered in Operational Resilience and Change processes.
• Support Incident and Crisis Management activities related to the Bank’s Supply Chain.
• Support colleagues in new supplier procurement, contracting and onboarding.
• Embed Risk and Control Self-Assessment (RCSA) for Supply Chain Management including performing Key Control Testing and driving continuous improvement.
• Produce and present high-quality reporting and management information related to supply chain activities, performance and risks.
• Provide subject matter expertise and advice related to Supply Chain and Supplier Management as needed by colleagues.
• Ensure all deliverables meet expected standards of quality, timeliness, and stakeholder satisfaction.
• Collaborate with internal teams and external suppliers to deliver outcomes that meet client, commercial, and regulatory expectations.
• Promote a strong culture and awareness of Third Party Risk across the Bank.
• Actively contribute to relevant forums, working groups, committees, and governance processes (e.g., RCSA reviews, document approvals).

REQUIRED QUALIFCATIONS, KNOWLEDGE, & SKILLS

• Proven experience in Third Party / Supplier risk management in a regulated financial services environment.
• Experience in the following relevant domains: Operational Resilience, Data Privacy, Regulatory Risk, Financial Crime, Information Security, Contracting.
• Proven ability to enhance supplier relationships, driving improved outcomes through collaboration and strategic engagement.
• Strong knowledge of UK regulatory requirements (e.g., PRA SS2/21, FCA Handbook, operational resilience).
• Experience in designing and implementing Supply Chain and Risk Management frameworks and processes.
• Exceptional stakeholder management skills, with a strong ability to negotiate, influence, and communicate effectively across all levels.
• Resilience and toughness, with strong commercial acumen
• Creative thinker with a proven track record of developing innovative approaches to complex challenges.
• Strong analytical capabilities and excellent meticulous to detail.
• Self-starting, well organised and strong planning and workload management skills.
• Desire to improve and advance own skills, knowledge and experience and to impart knowledge to colleagues.

About us

At Hampden Bank, we provide private banking as it should be: approachable, accessible expertise delivered through loyal, long-lasting client relationships. Personalised service is at the core of our business, with a culture that is built on relationships. We take the time to get to know our clients to help them achieve their aspirations.

Why join us

As a growing and ambitious company, we seek people to join our team who share our values; Proud Ownership, Absolute Integrity, Total Inclusivity, Winning Teamwork and Purposeful Growth.

We are committed to an inclusive culture where everyone is comfortable to be their authentic self. We recognise, value and respect diverse cultures, knowledge, and identities. We work together to ensure collaboration, development, and success for everyone, supporting them to thrive and reach their potential.

We offer exciting career opportunities through professional and personal development, and have an extensive range of benefits you can enjoy.

To apply

Please submit your CV by the closing date. Please remember, on occasion we do receive more applications than expected we may bring the closing date forward, so please do apply promptly.

If you require reasonable adjustments to be made during the recruitment process, please let us know by contacting the People Team and we will endeavour assist you.

If you are excited about this opportunity and think you can bring value to the role and Hampden Bank, but your experience does not align perfectly with every aspect of what we are looking for, we would be happy to hear from you.

If you have any questions or are interested in learning more about the role, please contact the People Team and we will get back to you as soon as possible.

Hybrid working / flexible working

We support hybrid working and our policy is that colleagues spend at least 60% of their working week in the office to connect and collaborate with their colleagues.

We are open to considering requests from candidates who are looking for flexible arrangements. Please talk to us at interview about the flexibility you are looking for, and we will explore what is possible for the role. We cannot promise to meet every request, but we will not judge you for asking.

If you are interested in applying for this job please press the Apply Button and follow the application process. Energy Jobline wishes you the very best of luck in your next career move.