At a Glance
- Tasks: Lead supplier risk management and ensure compliance with regulatory standards.
- Company: Dynamic bank focused on innovation and resilience.
- Benefits: Competitive salary, diverse workplace, and opportunities for professional growth.
- Other info: Flexible working arrangements with a commitment to diversity and equality.
- Why this job: Make a real impact on risk management in a supportive environment.
- Qualifications: Relevant risk or security certifications and strong analytical skills.
The predicted salary is between 69750 - 85250 £ per year.
Operating within the Second Line of Defence, the Supplier Risk Lead provides independent oversight, challenge, and assurance over FCE Bank's third-party and supplier risk profile, ensuring outsourcing risks — particularly ICT, information security, and operational resilience — are effectively managed by the business in line with risk appetite and evolving regulatory requirements (including DORA and PRA/FCA expectations), thereby supporting defensible decision-making, customer protection, and the bank's overall resilience.
Key Responsibilities:
- Independently review and challenge supplier risk assessments and classifications completed by the First Line.
- Conduct quality assurance reviews on supplier due diligence and risk mitigation plans.
- Lead the design and enhancement of the global Third-Party Risk Management (TPRM) framework and policy.
- Maintain supplier risk classification tools and support optimisation of the GRC/TPRM system.
- Produce consolidated risk reporting, dashboards, and MI for senior leadership and Risk Committees.
- Monitor Key Risk Indicators (KRIs), policy exceptions, and risk acceptances against risk appetite.
- Oversee monitoring of third and fourth-party incidents, ensuring robust root-cause analysis and remediation.
- Provide advisory support and guidance to business owners, contract managers, and Vendor Management.
- Develop and deliver training to strengthen risk culture and assessment quality.
- Facilitate risk-profiling workshops for high-risk or complex supplier projects.
- Ensure TPRM compliance with regulatory standards (e.g., DORA, PRA SS2/21, BCBS/BIS).
- Support internal audits and regulatory inspections, evidencing 2LoD oversight.
- Maintain the ICT Third-Party Register of Information under DORA.
- Assess third and fourth-party concentration risk to safeguard operational resilience.
Professional Qualifications:
- Relevant professional risk or security certifications (e.g., CRISC, CISA, or IRM credentials).
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.
Supplier Risk Lead employer: Ford
Join a leading employer in the rail industry, where as a Mechanical Fitter in Leeds, you will be part of a highly skilled engineering team dedicated to maintaining powerful locomotives. With competitive salaries starting at £47,147 and opportunities for significant earnings growth through technical training and additional responsibilities, this role offers not only financial rewards but also a supportive work culture that prioritises employee development and stability. Experience a dynamic work environment with varied challenges and the chance to enhance your skills while contributing to essential transport services.
StudySmarter Expert Advice🤫
We think this is how you could land Supplier Risk Lead
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Ford. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Supplier Risk Lead
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ford.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ford's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ford
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ford.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Ford will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Ford employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
