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- Tasks: Support supplier lifecycle activities and maintain compliant third-party relationships.
- Company: Award-winning UK Bank with a strong reputation in financial services.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Join a vital role in ensuring compliance and governance in banking operations.
- Qualifications: 2-3 years operational experience and interest in supplier management.
- Other info: Collaborative team atmosphere with opportunities for growth in financial services.
The predicted salary is between 28800 - 48000 £ per year.
The Company: An established and award-winning UK Bank.
The Role: The Third Party Supplier Associate will sit within the Operations business area of the UK Bank and will support the Bank's supplier lifecycle activities within a regulated financial services environment. This role plays a vital part in maintaining compliant, well-governed third-party relationships by supporting onboarding, due diligence, contract reviews, ongoing monitoring, and supplier offboarding.
The Third Party Supplier Associate will work closely with teams across the banking business, ensuring that outsourced and third-party services meet FCA regulatory expectations and align with internal policies and risk frameworks. The Third Party Supplier Associate will support the onboarding and offboarding of suppliers, ensuring all regulatory and internal policy requirements are met, reviewing supplier contracts where required.
The Third Party Supplier Associate will gather and verify required documentation (due diligence, financials, security assessments, policies). Support the onboarding and offboarding of suppliers, ensuring all regulatory and internal policy requirements are met. Help administer the Bank's supplier management tools (e.g., Gatekeeper), ensuring data is current and complete.
The Third Party & Supplier Coordinator will assist in the preparation of supplier performance reports, KPIs, dashboards, and Monthly Supplier Review (MSR) packs. Assist with activities related to Operational Resilience and Business Continuity Management, ensuring supplier information aligns to important business services and regulatory reporting requirements.
The Third Party Supplier Associate will maintain up-to-date supplier records, pricing information, contract registers, and system repositories.
The Candidate: 2-3 years operational experience with some experience in Supplier Management within Financial Services and an interest in developing expertise in supplier management/vendor management. An understanding of third-party relationships supporting Financial Services business. An appreciation and understanding of FCA Outsourcing regulations.
Third Party Supplier Associate , Outsourcing , Operations , Banking employer: JJ Search Ltd
Contact Detail:
JJ Search Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Supplier Associate , Outsourcing , Operations , Banking
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and operations sectors. We all know someone who knows someone, so don’t be shy about asking for introductions or insights into the company culture.
✨Tip Number 2
Prepare for interviews by brushing up on FCA regulations and supplier management best practices. We want you to feel confident discussing how you can help maintain compliant third-party relationships during your chat with potential employers.
✨Tip Number 3
Showcase your operational experience! When you get the chance to speak with hiring managers, highlight your past roles and how they relate to supplier onboarding and offboarding. We want them to see you as the perfect fit for their team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate individuals who are eager to make an impact in the banking sector.
We think you need these skills to ace Third Party Supplier Associate , Outsourcing , Operations , Banking
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Third Party Supplier Associate role. Highlight your operational experience and any relevant supplier management skills. We want to see how your background aligns with the banking sector and FCA regulations.
Showcase Relevant Experience: In your cover letter, emphasise your experience in managing third-party relationships and any specific projects you've worked on. We love seeing concrete examples that demonstrate your understanding of compliance and governance in financial services.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate a well-structured application that gets straight to the important bits!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at JJ Search Ltd
✨Know Your Regulations
Make sure you brush up on FCA outsourcing regulations before the interview. Understanding these regulations will show that you're serious about compliance and can help you discuss how you would ensure third-party relationships meet these standards.
✨Showcase Your Operational Experience
Be ready to talk about your previous operational roles, especially any experience with supplier management. Prepare specific examples of how you've supported onboarding or offboarding processes, as this will demonstrate your hands-on knowledge in a similar environment.
✨Familiarise Yourself with Supplier Management Tools
If you have experience with tools like Gatekeeper or similar supplier management systems, mention it! If not, do a bit of research on them. Being able to discuss how you would use these tools to maintain supplier records and performance reports will set you apart.
✨Prepare Questions About the Role
Think of insightful questions to ask about the role and the bank's approach to supplier management. This shows your genuine interest in the position and helps you assess if the company aligns with your career goals.