TPRM and Supplier Manager

JR United Kingdom; Chester; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading company in financial solutions is looking for a Third Party Risk Management and Supplier Manager. This role involves enhancing compliance frameworks, driving value from third-party relationships, and supporting strategic procurement initiatives. Employees benefit from a collaborative environment that promotes professional growth and respects diversity.

Benefits

25 days holiday

Professional development opportunities

Inclusive workplace culture

Qualifications

• Experience in third-party risk management within Financial Services.
• Knowledge of financial regulation requirements.
• Strong communication and influencing skills.

Responsibilities

• Enhance the TPRM framework and build organizational capability.
• Manage procurement activities related to sourcing reports.
• Support the development of TPRM best practices.

Skills

Third-party risk management

Stakeholder management

Communication

Policy development

Commercial awareness

Education

Degree certification

Job description

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Working Hours: Monday - Friday 09:00 - 17:30

Salary: Competitive plus 25 days holiday and a fantastic range of benefits which can be found HERE

About Us

At Kensington Mortgages, we've been leading the way in providing specialist mortgage solutions for over 25 years.

We're dedicated to offering people a chance to secure a mortgage, especially when high street lenders say no. Our approach is all about understanding the unique circumstances of our customers -It is what we call the `Kensington Difference.

As a wholly owned subsidiary of Barclays Bank UK PLC, we are proud to operate with the highest standards of service and integrity, fully authorized by the Financial Conduct Authority.

Overall Purpose of Job

Are you passionate about ensuring business compliance and driving value from third-party relationships?

We are seeking a dedicated Third Party Risk Management and Supplier Manager to join our dynamic team. In this role, you will play a pivotal part in enhancing our TPRM framework and building organizational capability to foster compliance and effective third-party management.

Key Accountabilities

1. Support the P&P strategic vision and development plan.
2. Stay abreast of external market trends related to TPRM, identifying innovative practices and opportunities for improvement.
3. Support the drive to establish a company-wide cultural awareness of the value derived from partnering with the P&P function.
4. Manage challenges from the BRM community regarding TPRM assurance outcomes and interpretations of best practices.
5. Support the development of the procurement function and organizational capability by enhancing the skills of the BRM group and budget holders to improve TPRM.
6. Contribute to establishing ongoing operational plans to develop and strengthen the function.
7. Support the Senior Sourcing and Supplier Manager(s) on key projects as required.
8. Assist the business with lower-value sourcing activities to ensure compliance with third-party risk management frameworks.
9. Build the capability of the BRM community to manage risk and to optimize third-party performance and value for money.
10. Ensure that material outsource and strategic suppliers have compliant third-party risk management through proactive engagement with BRMs.
11. Ensure understanding and due diligence for all sub-outsourcing within the third-party base.
12. Apply TPRM best practices to optimize contracts, improve outcomes, and advise on opportunities for better service levels or reduced costs.
13. Deliver clinics and communications to BRMs to improve TPRM compliance.
14. Support BRMs in executing TPRM and serve as the primary contact with the P&P team for TPRM queries.
15. Support the development and maintenance of a comprehensive third-party risk management framework covering all phases of the third-party lifecycle.
16. Develop and maintain tools and templates for effective third-party risk management.
17. Review TPRM assurance reports, identify gaps, and coordinate remediation activities to ensure compliance.
18. Perform quality assurance on TPRM activities, records, and artifacts to ensure high standards.
19. Prepare TPRM assurance content for cost optimization meetings to identify and implement improvements.
20. Manage procurement activities related to sourcing reports and ensure TPRM records are current.

Experience, Knowledge, Skills

• Experience in third-party risk management within Financial Services.
• Supporting sourcing activities.
• Knowledge of contractual and commercial terms.
• Ability to work in a fast-paced environment.
• Understanding of best practices in third-party risk management, ideally in Financial Services.
• Experience in policy and process development.
• Knowledge of financial regulation requirements.
• Strong communication, presentation, and influencing skills, including to senior management.
• Excellent stakeholder management skills and ability to build relationships at all levels.

Qualifications

• Degree certification preferred.

Why Join Us

At KMC, our employees are central to our success. We aim to create a workplace that promotes professional development and work-life balance.

Our inclusive culture values diversity and ensures everyone feels respected and valued.

As an equal opportunity employer, we embrace differences in gender, race, identity, ethnicity, and sexual orientation.