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- Tasks: Lead regulatory compliance in procurement, ensuring alignment with FCA and Ofgem standards.
- Company: Join a family of brands revolutionising energy for a greener, fairer future.
- Benefits: Enjoy flexible working, a generous salary, healthcare, and 25 days holiday plus more!
- Other info: We prioritise your well-being and support your growth in a vibrant work environment.
- Why this job: Be part of a dynamic team focused on integrity, sustainability, and continuous improvement.
- Qualifications: Experience in procurement or compliance, with knowledge of FCA regulations and contract law.
The predicted salary is between 43200 - 72000 £ per year.
Join us, be part of more.
We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We\’re energisers. One team of 21,000 colleagues that\’s energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels, whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That’s why working here is #MoreThanACareer. We do energy differently – we do it all. We make it, store it, move it, sell it, and mend it.
An opportunity to play your part – As our Third Party Regulatory Manager , you\’ll be the driving force behind ensuring our procurement activities not only meet but surpass the rigorous standards set by the Financial Conduct Authority (FCA) and Ofgem. You\’ll lead the charge in procurement governance, meticulously monitoring regulatory risks, and championing initiatives to continuously elevate our procurement practices. Your dedication will ensure we uphold the highest legal, ethical, and sustainability standards, propelling our commitment to excellence and innovation. Join us and be part of a dynamic team that thrives on integrity, sustainability, and relentless improvement.
Location: UK, Leicester (talk to us about flexible working)
The day to day:
- Lead the charge in regulatory compliance within procurement processes, ensuring seamless alignment with FCA, Ofgem, and other key regulatory bodies.
- Stay ahead of the curve by maintaining expert knowledge of relevant legislation, including ESG, ECO, Ofgem, and FCA conduct rules.
- Craft and implement cutting-edge procurement policies and procedures that not only meet but exceed regulatory requirements.
- Collaborate closely with legal, compliance, and finance teams to expertly manage the regulatory aspects of procurement contracts, risk assessments, and supplier onboarding.
- Provide stellar support during audits and ensure all necessary documentation is ready for regulatory bodies.
- Design and deliver engaging training and awareness programs for procurement and business teams on regulatory compliance.
- Work hand-in-hand with internal stakeholders to ensure procurement strategies align with the organisation’s regulatory and commercial goals.
- Keep a vigilant eye on regulatory developments and proactively advise on their implications for procurement operations.
- Take charge of all regulatory submissions, papers, and board reports for regulated third-party areas.
About You:
- Significant experience in procurement or compliance management ideally within the dynamic energy sector.
- Deep understanding of FCA regulations and Ofgem compliance obligations.
- Comprehensive knowledge of the procurement lifecycle, contract law, and supply chain risk management.
- Exceptional ability to translate complex regulatory requirements into practical procurement processes.
- Outstanding communication and stakeholder management skills.
- Academic background in Law, Business, Procurement, or a related field (CIPS qualification preferred).
- Profound knowledge of regulatory frameworks, tools, and procurement best practices.
- Expertise in third-party risk management, contract negotiations, and compliance.
What\’s in it for you?
- Enjoy a generous market salary, along with fantastic growth opportunities and a vibrant work environment!
- Added Car Allowance program to make your commute and adventures even better.
- Power up your pay with a 15% Employee Energy Allowance, surpassing the government\’s price cap!
- Secure your future with our comprehensive pension plan, designed for peace of mind.
- Elevate your health with our fully-funded company healthcare plan, prioritizing your well-being.
- Recharge with a generous 25-day holiday allowance, plus public holidays, and even purchase up to 5 extra days for extended relaxation!
- Experience unparalleled work-life balance with an exceptional selection of flexible benefits, from tech treats and eco-friendly car leases to travel insurance for your adventures!
Why should you apply?
We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we’re a great place to work and what being part of more means for you.
https://www.morethanacareer.energy/centrica
If you\’re full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority.
Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey.
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Third Party Regulatory Manager (Procurement) employer: Centrica
Contact Detail:
Centrica Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Regulatory Manager (Procurement)
✨Tip Number 1
Familiarise yourself with the latest FCA and Ofgem regulations. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to compliance and regulatory excellence.
✨Tip Number 2
Network with professionals in the energy sector, especially those involved in procurement and compliance. Engaging with industry experts can provide insights into best practices and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed regulatory risks in past roles. Highlighting your practical experience will showcase your ability to handle the responsibilities of the Third Party Regulatory Manager position.
✨Tip Number 4
Stay updated on current trends in sustainability and procurement practices. Being knowledgeable about ESG initiatives will align with our values and show that you're proactive about driving positive change.
We think you need these skills to ace Third Party Regulatory Manager (Procurement)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Third Party Regulatory Manager. Familiarise yourself with FCA and Ofgem regulations, as well as procurement governance. This knowledge will help you tailor your application to highlight relevant experience.
Tailor Your CV: Customise your CV to reflect your experience in procurement and compliance management, particularly within the energy sector. Emphasise your understanding of regulatory frameworks and your ability to translate complex requirements into practical processes.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for sustainability and your commitment to regulatory excellence. Use specific examples from your past experiences to demonstrate how you have successfully managed compliance and improved procurement practices.
Highlight Relevant Skills: In your application, be sure to highlight key skills such as stakeholder management, communication, and risk assessment. These are crucial for the role and will show that you are well-equipped to handle the challenges of the position.
How to prepare for a job interview at Centrica
✨Understand Regulatory Frameworks
Make sure you have a solid grasp of the FCA and Ofgem regulations. Familiarise yourself with recent changes in legislation that could impact procurement processes, as this will demonstrate your proactive approach and expertise in the field.
✨Showcase Your Experience
Prepare to discuss your previous roles in procurement or compliance management, especially within the energy sector. Highlight specific examples where you've successfully navigated regulatory challenges or implemented effective procurement policies.
✨Communicate Clearly
Since the role requires outstanding communication skills, practice articulating complex regulatory concepts in simple terms. This will help you convey your ideas effectively during the interview and show your ability to engage with various stakeholders.
✨Demonstrate a Commitment to Sustainability
Given the company's focus on sustainability, be ready to discuss how you can contribute to their mission. Share your thoughts on sustainable procurement practices and how they align with regulatory compliance, showcasing your passion for the role.