TPRM and Supplier Manager

JR United Kingdom; Worcester; On-site; GBP 50,000 - 70,000; Full time

Job summary

Join a leading company in financial services as a Third Party Risk Management and Supplier Manager. You will enhance the TPRM framework, ensure compliance, and manage supplier relationships. The role offers competitive pay, extensive benefits, and career development opportunities in a diverse and inclusive environment.

Benefits

25 days holiday

Professional development opportunities

Inclusive company culture

Qualifications

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

Responsibilities

• Enhance the TPRM framework and drive compliance.
• Support the development of procurement and third-party management.
• Provide support on TPRM assurance and manage risks.

Skills

Experience in third-party risk management

Supporting sourcing activities

Knowledge of contractual and commercial terms

Ability to work in a fast-paced environment

Best practices in third-party risk management

Strong communication skills

Stakeholder management skills

Education

Degree 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 innovative 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 development of the procurement function and organizational capability by enhancing the skills of the BRM group and budget holders to enable improved TPRM.
6. Contribute to establishing 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 ensure compliance with third-party risk management frameworks.
9. Build the capability of the BRM community to manage risk and extract enhanced third-party performance and value for money.
10. Ensure material outsource and strategic suppliers have compliant third-party risk management through proactive engagement with BRMs.
11. Ensure sub-outsourcing across the third-party base is understood and 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 clinics and communications to BRMs to improve compliance with the TPRM framework.
14. Support BRMs in executing TPRM and be the primary contact with the P&P team for TPRM queries.
15. Support the development and maintenance of a third-party risk management framework covering all phases of the third-party lifecycle.
16. Develop and maintain tools and templates for third-party risk management activities.
17. Review TPRM assurance reports to identify gaps and coordinate remediation activities, aiming for a compliant TPRM status.
18. Perform quality assurance tests on TPRM activities and records to ensure high standards.
19. Prepare TPRM assurance content 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
• Best practices in third-party risk management in Financial Services
• Policy and process development experience
• Knowledge of financial services regulation
• Strong communication, presentation, and influencing skills, including to senior management
• Excellent stakeholder management skills and ability to build relationships and influence at all levels

Qualifications

• Degree preferred

Why Join Us

At KMC, our employees are the heart of our success. We promote professional development and work-life balance.

Our inclusive culture values diversity in all its forms, ensuring everyone feels respected and valued.

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