Third Party Risk & Procurement Lead in City of London
Third Party Risk & Procurement Lead

Third Party Risk & Procurement Lead in City of London

City of London Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead third-party risk management and procurement, ensuring compliance and value for money.
  • Company: Join Alpha Bank London, where people are valued for who they are.
  • Benefits: Experience a culture of connection, responsibility, and impactful work.
  • Why this job: Make a real difference for clients and communities while building lasting relationships.
  • Qualifications: Hands-on experience in vendor management and strong administrative skills required.
  • Other info: Dynamic office environment with opportunities for personal and professional growth.

The predicted salary is between 36000 - 60000 ÂŁ per year.

We are not your run-of-the-mill bank. It’s our people which makes us exceptional. Every individual here is valued - not just for what they do, but for who they are. We’ve built a culture rooted in purpose, passion, and a healthy dose of humanity. Joining Alpha Bank London isn’t just about a career - it’s about connection. You’ll collaborate with colleagues from all walks of life, building bonds that last and networks that matter. It’s this blend of international reach and local expertise that makes us strong. Whether you’re starting out or stepping up, you’ll find responsibility, variety, and experiences that go far beyond what a boutique bank or a corporate giant could offer alone. Together, we amplify ideas, share knowledge, and create impact. We believe in doing well and doing good. That means more than closing deals; it’s about making a difference for our clients, our communities, and each other. Because when one of us succeeds, we all succeed. Ready to make your mark? Let’s do it. Together.

Working pattern: Office based

What You’ll Do

  • Third‑Party Risk Management & Procurement Framework Definition & Governance: Define, maintain, and continuously improve the Bank’s Third‑Party Risk Management & Procurement Framework, ensuring it aligns with regulatory expectations, best practice, and internal governance standards. Establish clear policies, processes, templates, and minimum controls for vendor selection and procurement, due‑diligence and risk assessment, contract approval and commercial evaluation, onboarding, ongoing monitoring, and performance management, renewal and termination procedures. Ensure all agreement owners across the Bank understand and comply with the framework through training, guidance, periodic reviews, and targeted support. Ensure the Bank obtains best value for money from all third‑party suppliers by embedding robust commercial evaluation, cost‑effectiveness assessment, and ongoing value‑for‑money reviews into the procurement and vendor‑management lifecycle. Monitor adherence to the framework and report areas of non‑compliance or improvement opportunities to the COO.
  • Oversight of Agreement Owners: Maintain a central register of all agreements within the Bank and oversee compliance with due‑diligence, review cycles, and performance assessments. Support agreement owners in performing their roles effectively by providing tools, templates, and subject‑matter guidance. Track contract renewals, expiry dates, and obligations to ensure timely action by agreement owners.
  • Direct Management of Operations, IT & Facilities Contracts: Manage outsourced services and contracts directly overseen by Operations, IT, and Facilities, including maintaining ownership of documentation and service records. Conduct annual reviews for all directly managed contracts, ensuring regulatory alignment, commercial efficiency, and performance against SLAs. Resolve issues, disputes, and conflicts with external partners and escalate where needed. Build and maintain strong professional relationships with key suppliers and service partners. Drive value‑for‑money across all directly managed suppliers by reviewing commercial terms, identifying cost‑efficiency opportunities, and ensuring services delivered align to contractual and budget expectations.
  • Facilities & Health & Safety: Overall responsibility for Facilities and Health & Safety, including owning the relationship with the building management firm and security company. Ensure compliance with all Health & Safety requirements including compliance checks, inspections, incident investigation, maintenance of statutory records, and management of Fire Warden and First Aider population and associated training. Ensure we are compliant with all responsibilities relating to office equipment management, oversight of the archive room and offsite storage, including destruction cycles.
  • Manage Front of House Assistant: Ensuring a high‑quality service is delivered for all guests and employees and that all travel booking is within policy. Tasks such as stationery procurement and the greeting of maintenance people required to perform onsite work. Supporting as required in relation to any operational Facilities or Health & Safety tasks.

What We’re Looking For

  • Hands‑on experience managing or coordinating third‑party vendors, including due‑diligence, contract oversight, or procurement activity.
  • Exposure to operational risk processes such as ORE reporting, RCSA participation, or control testing.
  • Strong administrative background with experience handling documentation, reporting, and cross‑functional coordination.

Technical Skills

  • Proficient in Microsoft Word, Excel, PowerPoint, and Project.
  • Strong administrative, organisational, and presentation skills.
  • Comfortable working with bank systems and internal platforms.

Why Join Us? You’ll have the chance to make a real impact while experiencing our values in action: Innovation – Stay ahead of emerging threats and implement cutting‑edge security practices. Collaboration – Work closely with group cybersecurity teams and internal stakeholders. Excellence – Deliver robust security solutions that protect critical assets. Delivery – Ensure timely and effective responses to security challenges. Empowerment – Take ownership of security initiatives and influence best practices.

Third Party Risk & Procurement Lead in City of London employer: Alpha Bank London

At Alpha Bank London, we pride ourselves on being more than just a bank; we are a community where every individual is valued for their unique contributions. Our vibrant work culture fosters collaboration and innovation, providing employees with ample opportunities for personal and professional growth. With a focus on making a meaningful impact, you will find a supportive environment that encourages responsibility and creativity, all while enjoying the benefits of working in a dynamic city like London.
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Contact Detail:

Alpha Bank London Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Third Party Risk & Procurement Lead in City of London

✨Tip Number 1

Network like a pro! Reach out to current employees at Alpha Bank London on LinkedIn. Ask them about their experiences and any tips they might have for your application process. Building connections can give you insider knowledge and make you stand out.

✨Tip Number 2

Prepare for the interview by researching the company culture and values. Alpha Bank London is all about connection and collaboration, so think of examples from your past that showcase your teamwork and how you've made an impact in previous roles.

✨Tip Number 3

Practice your responses to common interview questions, but don’t sound rehearsed. We want to hear your authentic self! Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your relevant experience.

✨Tip Number 4

Don’t forget to follow up after your interview! A simple thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the team.

We think you need these skills to ace Third Party Risk & Procurement Lead in City of London

Third-Party Risk Management
Procurement Framework Development
Vendor Selection
Due-Diligence and Risk Assessment
Contract Approval
Performance Management
Compliance Monitoring
Commercial Evaluation
Cost-Effectiveness Assessment
Stakeholder Engagement
Operational Risk Processes
Documentation Management
Microsoft Office Suite (Word, Excel, PowerPoint, Project)
Organisational Skills
Presentation Skills

Some tips for your application 🫡

Be Yourself: When you're writing your application, let your personality shine through! We want to know who you are, not just what you've done. Share your experiences and values that align with our culture of connection and collaboration.

Tailor Your Application: Make sure to customise your application for the Third Party Risk & Procurement Lead role. Highlight your hands-on experience with third-party vendors and operational risk processes. Show us how your skills can help us amplify ideas and create impact!

Showcase Your Skills: Don’t forget to mention your technical skills, especially your proficiency in Microsoft Office tools. We love a strong administrative background, so share any relevant experiences that demonstrate your organisational and presentation skills.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Let’s make your mark together!

How to prepare for a job interview at Alpha Bank London

✨Know Your Stuff

Before the interview, dive deep into the specifics of third-party risk management and procurement. Familiarise yourself with the latest regulations and best practices in the industry. This will not only show your expertise but also demonstrate your commitment to aligning with the bank's values.

✨Showcase Your People Skills

Since Alpha Bank London values connection and collaboration, be ready to share examples of how you've built strong relationships with vendors or colleagues. Highlight any experiences where you’ve successfully navigated conflicts or enhanced teamwork, as this aligns perfectly with their culture.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific situations related to vendor management or compliance. Think of real-life scenarios where you’ve had to make tough decisions or implement changes, and be prepared to discuss the outcomes and lessons learned.

✨Ask Insightful Questions

At the end of the interview, don’t shy away from asking questions that reflect your interest in the role and the company. Inquire about their current challenges in third-party risk management or how they measure success in procurement. This shows you’re not just looking for a job, but genuinely interested in making an impact.

Third Party Risk & Procurement Lead in City of London
Alpha Bank London
Location: City of London

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