TPRM and Supplier Manager

JR United Kingdom; London; On-site; GBP 45,000 - 70,000; Full time

Job summary

A leading company in specialist mortgage solutions is seeking a Third Party Risk Management and Supplier Manager. This vital role involves enhancing compliance frameworks, driving value from third-party relationships, and fostering a culture of risk management across the organization. Join us for professional development and a diverse, inclusive culture.

Benefits

25 days holiday

Range of attractive benefits

Promotes professional development

Work-life balance

Inclusive culture valuing diversity

Qualifications

• Strong communication, presentation, and influencing skills.
• Knowledge of financial services regulation requirements.
• Experience in policy and process development.

Responsibilities

• Enhance TPRM framework and build capability for compliance.
• Manage procurement activities and supplier relationships.
• Deliver regular clinics and communications to improve compliance.

Skills

Experience in third-party risk management within Financial Services

Strong communication skills

Stakeholder management

Understanding of third-party risk management best practices

Education

Degree certification preferred

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 innovation practices and opportunities for improvement.
3. Support the drive to establish a business-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 practice.
5. Support the building of the procurement function and wider organizational capability by developing the skills of the BRM group and budget holders to enable improved TPRM.
6. Contribute to the establishment of ongoing operating plans to develop and strengthen the function.
7. Provide support to the Senior Sourcing and Supplier Manager(s) on key projects as required.
8. Support the business on lower value, business-led sourcing activities to aid compliance with third-party risk management frameworks.
9. Build the capability of the BRM community to manage risk and to extract enhanced third-party performance and value for money.
10. Ensure that material outsource and strategic suppliers have compliant third-party risk management via proactive engagement with the BRMs.
11. Ensure that all sub-outsourcing within the third-party base is understood and appropriate due diligence is performed.
12. Apply TPRM best practices to optimize contracts and improve outcomes, advising Senior Sourcing and Supplier Managers of opportunities.
13. Deliver regular clinics and communications to BRMs to improve compliance with the TPRM framework.
14. Support the BRMs in executing TPRM and act as the primary contact with the P&P team for all TPRM queries.
15. Support the development and maintenance of a third-party risk management framework covering all phases of the third-party lifecycle.
16. Support the development of tools and templates to facilitate third-party risk management activities.
17. Review TPRM assurance reports to identify gaps, agree on remediation, and aim for a materially compliant TPRM status, sharing themes via clinics.
18. Perform quality assurance tests on TPRM activities, records, and artifacts to ensure high standards.
19. Prepare TPRM assurance content, actions, and commentary for cost optimization meetings to drive 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 third-party risk management best practices in Financial Services
• Experience in policy and process development
• Knowledge of financial services regulation requirements
• Strong communication, presentation, and influencing skills, including to senior management
• Excellent stakeholder management skills to build relationships and influence colleagues at all levels

Qualifications

• Degree certification preferred

Why Join Us

At KMC, our employees are central to our success. We promote professional development and work-life balance.

Our inclusive culture values diversity, ensuring everyone feels respected and valued.

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