Senior Supplier Risk & Assurance Officer

About the role

We are seeking a highly motivated and experienced Senior Supplier Risk and Assurance Officer to join our Procurement team. This role is critical in ensuring third party risk frameworks and policies are complied with.

You\’ll be responsible for understanding and tracking risks and completing due diligence and assurance activities across third-party relationships and ensuring that our suppliers meet compliance and performance standards. A key part of the role involves leading the Risk and Control Self-Assessment (RCSA) process, which includes testing how well our risk controls are working within Procurement and other areas of the business.

Communication is key, as you\’ll work with a range of stakeholders, respond to queries about third-party risk, and suggest practical solutions to improve how risks are managed.

This is a great opportunity to join a supportive team, work flexibly, and make a real impact on how we manage supplier risks. If you\’re ready to take the next step in your career, we\’d love to hear from you.

Benefits

• 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
• Annual discretionary bonus scheme
• Personal pension with matched contributions
• Life assurance (6 times annual salary)

Location: We operate on a team-led hybrid approach with at least 1 day a week in the Coventry & / or Manchester office

Find out more about the fantastic benefits of joining Coventry Building Society here

We reserve the right to close this advert early if we receive a high volume of suitable applications

Responsibilities

• Understand and monitor third-party risk to support risk management decisions.
• Complete due diligence and assurance activities across third-party relationships to ensure supplier compliance and performance standards are met.
• Lead the Risk and Control Self-Assessment (RCSA) process, including testing the effectiveness of risk controls within Procurement and other areas of the business.
• Communicate with stakeholders, respond to queries about third-party risk, and propose practical solutions to improve risk management.

Qualifications

• Strong understanding of the regulatory environment informing Third Party Risk activity.
• Ability to create accurate, meaningful reports and manage logs, reports and folders relating to Third Party Risk.
• Demonstrable experience of risk management, including documenting risk and controls, assessing controls, logging events and ongoing monitoring of the enterprise risk management framework.
• Experience of assessing supplier compliance to Policy and recommending mitigating actions where necessary.
• Proven ability to work across specialist teams to leverage subject matter expertise in risk assessment and management.
• Proficient in MS Office including Outlook, Word, and PowerPoint.
• Strong collaboration and interpersonal skills with the ability to build positive working relationships at all levels.
• Excellent written, verbal communication and presentation skills.
• Ability to work well in a fast-paced environment and strong organizational skills to meet deadlines.

Desirable experience

• Visio preferred

We\’re one of the largest building societies in the UK and we share a mutual goal across our branches and our offices to improve the lives of others.

We\’re officially recognised as a \’Great Place to Work\’ and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing.

At the beginning of the year, The Co-operative Bank officially became part of our Group. Together, we have shared values and an ethical approach towards our members, customers, and colleagues.

We\’re serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you\’ll build more than just a career with us.

All together, better.

Flexibility and why it matters

We understand the need for flexibility, so wherever possible, we\’ll consider alternative working patterns. Have a chat with us before you apply to see what the possibilities are for this role.

Proud to be a Disability Confident Committed Employer

We\’re proud to offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.

Location

Coventry

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