At a Glance
- Tasks: Manage supplier risks and ensure compliance while improving processes.
- Company: Leading global financial services organisation with a focus on innovation.
- Benefits: Competitive salary, career development, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for growth and learning.
- Why this job: Join a team that shapes supplier risk management in a fast-paced industry.
- Qualifications: 3+ years in supplier risk management and strong project management skills.
The predicted salary is between 45000 - 55000 £ per year.
An exciting opportunity has arisen for a Supplier Risk Management Associate to join a leading global financial services organisation. Working within the Supplier Management function, this role will support the governance and oversight of third-party risk activities across the business and contribute to ensuring regulatory compliance and robust supplier management practices.
Key Responsibilities
- Third-Party Risk Assessments: Review supplier contract requests in line with established risk frameworks. Identify areas requiring additional due diligence and ensure key controls and processes are followed. Recommend and implement process improvements where appropriate.
- Critical Supplier Oversight: Maintain and update registers of critical third parties. Liaise with internal stakeholders to obtain exit plans, performance assessments and risk updates. Produce reports for key stakeholders on supplier risk exposure.
- Stakeholder Engagement: Build strong relationships with specialist risk teams, including Financial Crime, Information Security, Data Privacy and Business Resilience. Escalate risks where necessary and contribute to continuous improvement of risk management procedures.
- Governance and Projects: Support a range of third-party governance initiatives and regulatory projects. Coordinate meetings, agendas and actions to ensure effective cross-functional collaboration. Assist with enhancing supplier governance frameworks and processes.
- Contract Management: Partner with Legal teams to review supplier agreements and identify contracts requiring amendment or termination due to regulatory or business changes.
- Policies and Documentation: Assist in maintaining Supplier Management policies, procedures and guidance documents. Ensure risk management documentation remains accurate and up to date. Produce clear and concise guidance materials for internal stakeholders.
Skills and Experience Required
- Minimum three years' experience in third-party or supplier risk management within a global organisation.
- Proven project management experience with the ability to deliver updates and track progress effectively.
- Experience supporting end-to-end supplier risk and contract processes.
- Previous experience within Financial Services.
- Understanding of regulations impacting third-party and supplier risk management.
- Exposure to procurement or sourcing activities.
Risk Analyst employer: Harrington Starr
Join a leading global financial services organisation that prioritises employee development and fosters a collaborative work culture. As a Risk Analyst, you will benefit from comprehensive training programmes, opportunities for career advancement, and a supportive environment that values innovation and compliance. Located in a vibrant city, the company offers a dynamic workplace where your contributions to supplier risk management will be recognised and rewarded.
