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- Tasks: Lead risk assessments and ensure supplier compliance in a dynamic procurement environment.
- Company: Join one of the UK's largest building societies, committed to improving lives and promoting diversity.
- Benefits: Enjoy 28 days holiday, a bonus scheme, and flexible hybrid working options.
- Why this job: Make a real impact on supplier risk management while working in a supportive and rewarding culture.
- Qualifications: Strong understanding of third-party risk, excellent communication skills, and proficiency in MS Office required.
- Other info: We celebrate diversity and offer opportunities for disabled applicants through our Disability Confident scheme.
The predicted salary is between 43200 - 72000 £ per year.
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.
Youll 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 youll 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 youre ready to take the next step in your career, wed love to hear from you.
Our benefits include:
- 28 days holiday a yearplus 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 Societyhere.
We reserve the right toclosethis advertearlyif we receive ahigh volumeof suitable applications
About you
To be successful in this role its essential you have:
- Strong understanding of the regulatory environment informing Third Party Risk activity.
- The ability to create accurate meaningful reports and management of logs, reports and folders relating to Third Party Risk
- Has demonstrable experience of risk management specifically documenting risk and controls, assessing controls, logging events and on-going monitoring of the enterprise risk management framework.
- Experience of assessing supplier compliance to Policy and recommending where necessary mitigating actions.
- Proven ability to work across specialist teams to leverage their subject matter expertise in the assessment and management of risk.
- 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 presentational skills
- To work well in a fast-paced environment and have good organisation skills to deliver to deadlines
Desirable experience will be:
- Visio preferred
About us
Were 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.
Were 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.
Were serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know youll 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, well 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
Were 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.
Senior Supplier Risk & Assurance Officer in Coventry employer: Coventry Building Society
Contact Detail:
Coventry Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Supplier Risk & Assurance Officer in Coventry
✨Tip Number 1
Familiarise yourself with the regulatory environment surrounding Third Party Risk. Understanding the key regulations and compliance requirements will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in risk management and procurement. Attend industry events or join relevant online forums to connect with others in the field, which can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed supplier compliance and risk in previous roles. Being able to articulate your experience with real-life scenarios will set you apart from other candidates.
✨Tip Number 4
Showcase your communication skills by preparing questions for the interview that reflect your understanding of the role. Engaging with your interviewers about their experiences and challenges can highlight your collaborative approach.
We think you need these skills to ace Senior Supplier Risk & Assurance Officer in Coventry
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Supplier Risk & Assurance Officer. Highlight your relevant experience in risk management and compliance in your application.
Tailor Your CV: Customise your CV to reflect the skills and experiences that align with the job description. Emphasise your understanding of regulatory environments and your ability to create meaningful reports.
Craft a Compelling Cover Letter: Write a cover letter that showcases your communication skills and explains why you're a great fit for the role. Mention specific examples of how you've successfully managed supplier risks in the past.
Proofread Your Application: Ensure your application is free from spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Coventry Building Society
✨Understand the Regulatory Environment
Make sure you have a solid grasp of the regulatory frameworks that govern third-party risk management. Be prepared to discuss how these regulations impact supplier relationships and compliance standards.
✨Showcase Your Reporting Skills
Since creating accurate reports is crucial for this role, bring examples of your previous work. Highlight your ability to manage logs and reports effectively, demonstrating how you've tracked risks in past positions.
✨Demonstrate Collaboration Abilities
This role requires working across various teams, so be ready to share experiences where you've successfully collaborated with others. Emphasise your interpersonal skills and how you've built positive relationships in previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past situations where you've had to recommend mitigating actions for supplier compliance issues and be ready to discuss your thought process.
