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

Third Party Risk & Procurement Lead in London

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 and purpose matter.
  • Benefits: Experience a culture of connection, collaboration, and career growth.
  • Why this job: Make a real impact while working with diverse teams and innovative practices.
  • Qualifications: Hands-on experience in vendor management and strong administrative skills required.
  • Other info: Office-based role with opportunities for personal and professional development.

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 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 commitment to making a positive impact in our communities and a focus on employee well-being, joining us means being part of a purpose-driven team that thrives on connection and shared success.
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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 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 landing the job. Personal connections can make a huge difference!

✨Tip Number 2

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

✨Tip Number 3

Practice your responses to common interview questions, especially those related to third-party risk management and procurement. We want to see your hands-on experience shine through, so be ready to share specific examples!

✨Tip Number 4

Don’t forget to follow up after your interview! A simple thank-you email can go a long way in showing your enthusiasm for the role and keeping you top of mind for the hiring team.

We think you need these skills to ace Third Party Risk & Procurement Lead in 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 beyond your qualifications. Share your experiences and what makes you passionate about this role.

Tailor Your Application: Make sure to customise your application for the Third Party Risk & Procurement Lead position. Highlight relevant experience and skills that align with the job description. Show us how you can contribute to our unique culture!

Showcase Your Achievements: Don’t just list your responsibilities; tell us about your accomplishments! Use specific examples to demonstrate how you've made a difference in previous roles. We love to see how you’ve driven value and impact.

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 the role. Plus, it’s super easy to do!

How to prepare for a job interview at Alpha Bank London

✨Know Your Stuff

Make sure you understand the ins and outs of third-party risk management and procurement. Brush up on relevant regulations and best practices, as well as the specific frameworks that Alpha Bank London uses. This will show that you're not just interested in the role, but that you’re genuinely prepared to contribute.

✨Showcase Your Experience

Be ready to discuss your hands-on experience with managing vendors and contracts. Prepare specific examples of how you've handled due diligence, contract oversight, or procurement activities in the past. This will help demonstrate your capability and fit for the role.

✨Emphasise Collaboration

Alpha Bank values connection and teamwork, so highlight your ability to work with diverse teams. Share examples of how you've built strong professional relationships in previous roles, especially with suppliers and service partners. This will resonate well with their culture.

✨Ask Insightful Questions

Prepare thoughtful questions about the bank's approach to third-party risk management and procurement. Inquire about their current challenges or future initiatives. This shows your interest in the role and helps you gauge if the company aligns with your values and career goals.

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

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