At a Glance
- Tasks: Manage third-party risks and enhance supplier oversight for effective procurement.
- Company: Join Aldermore Bank, a trusted and award-winning financial institution.
- Benefits: Enjoy a flexible hybrid work model, competitive rewards, and growth opportunities.
- Other info: Be part of a friendly culture that values continuous improvement and innovation.
- Why this job: Make a real impact in risk management while working with diverse stakeholders.
- Qualifications: Experience in third-party risk management and strong analytical skills required.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Third Party Risk Specialist role at Aldermore Bank.
Let us tell you a bit about the opportunity
Reporting to the Procurement Excellence Manager and sitting within the Procurement and Vendor Management team in the Chief Operations Office, the Third Party Risk Specialist plays a key role in supporting the organisation to buy safely, effectively and in line with regulatory expectations.
The role focuses on embedding and maturing the Group’s Third Party Risk Management framework (including SS2/21), developing and improving procurement processes and policy, and ensuring appropriate and proportionate supplier oversight across the supplier base. Through close collaboration with internal stakeholders and Group functions, the role provides timely, accurate and valued insights on supplier risk, performance, expenditure and compliance, leveraging systems, data analysis and reporting to identify and mitigate supplier‑related risks, drive continuous improvement, and deliver a collaborative, value‑for‑money approach to procurement and vendor management.
What will your day look like
- Work alongside operational stakeholders to govern and oversee suppliers at a proportionate and appropriate level, in accordance with the Third Party Risk Management framework and regulatory expectations.
- Support the Group to develop and improve the Third Party Risk Management framework, providing technical support and insight.
- Ensure supplier due diligence is completed in line with the Third Party Risk management framework. Any issues and risks are assessed and reported upon to business stakeholders.
- Support the Group develop and improve the Third Party Risk Management framework, providing technical support and insight.
- Keep abreast of Regulatory developments and industry best practice to ensure the Group remains compliant.
- Ensure Supplier records are adequately maintained in line with Regulatory expectations.
What do we expect from you
- Strong Team player with great influencing skills
- Strong communication skills which can be tailored to a variety of audiences (IT, Operations, peers and Senior Management within the Group)
- To work across the Aldermore Group to cultivate the appropriate risk culture, and governance within the team
- Ability to work independently and manage issues through to successful conclusion
- Able to identify and own improvement opportunities
- Problem solving to determine why issues are occurring and driving the desired improvement activities
- Comfortable with understanding and managing multiple sources of information related to supplier spend, risk, performance
- Strong customer service ethic, seeking to give a high quality experience for stakeholders.
What can you expect from us
- A friendly and flexible culture, the same as how we work with our customers. Hybrid working model – 2 days a week in the office
- A growing organisation that means there’s lots of opportunities to progress
- A drive for continuous improvement, which you will be empowered to get behind from day one.
- And of course, you will be rewarded competitively, with a good range of core benefits and bonus potential.
Let us tell you a bit more about us
We’re Aldermore – the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we\'re backing more people to go for it.
We thrive by saying “yes” to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first‑timers a leg‑up onto the property ladder; we open up the lending market to many; and thousands of customers chose Motonovo Finance every week to buy their next car, van or motorbike.
This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.
Still curious? Join us and we’ll make the same promises to you as a colleague, as we do to each of our customers. We’re committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you’re pregnant or on family leave.
Please note that we have a thorough referencing process, which includes criminal record checks.
Additional information
- Seniority level: Entry level
- Employment type: Full-time
- Job function: Finance and Sales
- Industries: Banking
Third Party Risk Specialist in Manchester employer: Aldermore Bank
Aldermore Bank is an excellent employer, offering a friendly and flexible work culture that embraces a hybrid working model, allowing employees to balance their professional and personal lives effectively. With a strong focus on continuous improvement and employee growth, team members are empowered from day one to contribute to meaningful initiatives while enjoying competitive rewards and benefits. Located in a dynamic banking environment, Aldermore provides ample opportunities for career progression and the chance to make a significant impact within the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Third Party Risk Specialist in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Aldermore Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Third Party Risk Specialist in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Aldermore Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Aldermore Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Aldermore Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Aldermore Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Aldermore Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Aldermore Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
