At a Glance
- Tasks: Lead operations and contracts management to enhance customer experience and operational efficiency.
- Company: Join a specialist retail banking business focused on transformation and resilience.
- Benefits: Competitive salary, generous leave, pension contributions, and vehicle purchase discounts.
- Other info: Collaborative team environment with a commitment to diversity and equality.
- Why this job: Influence operational strategy and work on meaningful projects that impact customers.
- Qualifications: Experience in banking operations, vendor management, and strong project management skills.
The predicted salary is between 56700 - 69300 £ per year.
About The Role
We are looking for an experienced
Operations & Contracts Manager to join our Retail Deposits team.
This role combines operational leadership, contract and supplier management, regulatory oversight, and business transformation.
You will play a critical role in enhancing customer experience, improving operational efficiency, strengthening resilience frameworks, and ensuring that our services continue to meet the highest standards of governance and compliance.
Working closely with colleagues across the business and external partners, you will help shape future operating models, optimise processes, and support strategic business objectives.
- Operations
- Lead and manage all aspects of operations management for the bank, with a strong emphasis on delivering excellent customer service, efficiency, and operational resilience.
- Develop and implement operational models and strategies that prioritise customer and colleague experience, reduce costs, and optimise processes.
- Project manage the development of new systems, processes and operating models
- Lead the development, maintenance, and implementation of the Operational Resilience framework, including management of all testing to ensure robust Operational Resilience
- Develop, maintain, and implement the Consumer Duty framework, including management of all testing to ensure robust Operational Resilience
- Develop, manage, and present all control risk assessments and registers and manage the controls framework
- Ensure compliance with FCA's complaints handling process to prioritise customer satisfaction and regulatory requirements.
- Implement and enforce operational controls to ensure compliance with audit, internal controls, regulatory requirements, and industry standards while safeguarding customer interests.
- Monitor vendor performance and conduct regular vendor audits to ensure compliance, quality, and adherence to customer service standards.
- Contracts
- Manage and maintain outsourced vendor relationships, with focus on contract negotiation, governance performance monitoring, and timely issue resolution to ensure customer satisfaction.
- Lead cross-functional teams to identify and implement process improvements that enhance the customer journey, leveraging technology and best practices.
- Manage the end-to-end contract management processes, ensuring customer‑centric negotiation, drafting, and review of contracts.
- Conduct comprehensive vendor evaluations and due diligence to select and onboard vendors that align with our values and vision.
- Negotiate and where necessary renegotiate vendor contracts to optimise terms, pricing, and service level agreements in favour of our customers.
- Collaborate with the procurement team to align strategies, evaluate suppliers, and drive cost savings initiatives while maintaining high service quality for customers.
- Build and maintain strong relationships with internal and external stakeholders, fostering effective communication and collaboration to deliver customer‑centric solutions.
Essential Experience
- Proven and substantial experience within Retail Deposits in a banking or financial services environment.
• Strong experience in
- Operations Management
- Operational Resilience
- Outsourced Vendor Management
- Contract Management
- Procurement and Supplier Governance
- Strong understanding of banking regulations and regulatory requirements.
- Experience developing and implementing operational strategies, process improvement initiatives, and operating models.
- Proven track record of managing third‑party suppliers, including contract negotiation, performance management, and issue resolution.
- Strong project management skills with the ability to prioritise competing demands and deliver complex initiatives.
- Experience managing risk assessments, control frameworks, and operational governance activities.
- Excellent analytical, stakeholder management, and problem‑solving skills.
Desirable
- Experience working with Newcastle Strategic Solutions (NSSL).
- Previous experience within a retail banking environment focused on savings or deposit products.
Why join us?
- Play a key role within a specialist retail banking business.
- Influence operational strategy and future operating models.
- Lead meaningful transformation and resilience initiatives.
- Work across operations, governance, risk, supplier management, and customer experience.
- Be part of a collaborative team focused on delivering outstanding outcomes for customers.
Why Join FCE Bank plc?
- Competitive compensation package: Competitive base salary plus FCE’s unique contractual Guaranteed Holiday Bonus.
- Market‑Leading Pension: Up to 12% employer pension matching contribution.
- Vehicle Schemes: Exceptional discounts through Ford vehicle purchase and lease programmes for you and eligible family members.
- Generous Leave & Family Support: 26 days annual leave + UK public holidays, enhanced family leave, and 2 paid community volunteering days annually.
- Additional Information
The Company is committed to diversity and equality of opportunity for all and is opposed to any form of less favourable treatment or harassment on the grounds of race, religion or belief, sex, marriage and civil partnership, pregnancy and maternity, age, sexual orientation, gender reassignment or disability.
As part of our pre‑employment checks process, successful candidates will be required to undergo a criminal record check.
This will be conducted in line with the Rehabilitation of Offenders Act 1974 and applied only to unspent convictions.
This position is based in Dunton, Essex and it is expected the successful candidate will be able to attend the Dunton Campus for typically 4 days a week and remain flexible on the days they are required to attend the office according to business requirements.
Operations & Contracts Manager in Basildon employer: Ford Credit
Ford Credit is an excellent employer, offering a dynamic work culture that values collaboration and innovation in the heart of Dunton. With a strong focus on employee growth, we provide opportunities for professional development and a supportive environment where your expertise in compliance can truly make a difference. Enjoy the benefits of hybrid working while being part of a team dedicated to ensuring regulatory excellence and customer protection.
StudySmarter Expert Advice🤫
We think this is how you could land Operations & Contracts Manager in Basildon
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We think you need these skills to ace Operations & Contracts Manager in Basildon
Some tips for your application 🫡
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