At a Glance
- Tasks: Manage supplier risk and develop strong relationships with internal teams.
- Company: Join Lloyds Banking Group, a leader in financial services with a purpose.
- Benefits: Enjoy a competitive salary, generous pension, 30 days holiday, and flexible working options.
- Other info: Inclusive workplace with opportunities for growth and development.
- Why this job: Be part of a transformative journey in risk management and make a real impact.
- Qualifications: Experience in supplier risk management and strong communication skills required.
The predicted salary is between 67023 - 74470 £ per year.
**End Date**: Wednesday 25 March 2026
**Salary Range**: £67,023 - £74,470
**Flexible Working Options**: Flexibility in when hours are worked, Hybrid Working, Job Share, Reduced Hours
**Location(s)**: Edinburgh, Leeds, Halifax, Birmingham, Bristol, Cardiff
**Hours**: Full time
**Working Pattern**: Our work style is hybrid, which involves spending two days per week, or 40% of our time at one of our Risk Hubs.
**About this opportunity**: We’re on an exciting journey and there couldn’t be a better time to join us. We have a fresh operating model for non-financial risk management across the Group, empowering our people to take end-to-end accountability for managing the risks that they face. We’re looking for an experienced manager for this role to support the development, implementation and delivery of robust Business Unit supplier risk oversight, helping Business Units to implement the expectations of the Group’s internal supplier risk (service provision) policy and external supplier risk policy and control objectives, aligned with the Group’s Enterprise Risk Management Framework (ERMF). You’ll be experienced in internal and external supplier risk, with insight, knowledge and capability on how Business Units align to relevant regulations and manage supplier risk effectively. You’ll engage in the design and implementation of supplier oversight objectives, identifying risks, challenging and advising the business to mitigate control risks in line with risk appetite.
**What you’ll be doing:**
- Develop pragmatic relationships with internal customers and act as a trusted advisor for supplier risk.
- Contribute to the development and delivery of a risk and control oversight plan to assess compliance to relevant laws, regulations, industry standards and/or established controls.
- Support the oversight of the Operational Continuity in Resolution and FMI impediments, as part of the overall second line of defence oversight approach for Resolution.
- Support the delivery of pragmatic risk opinions on notable topics or emerging themes, including collateral up to Board level.
- Act as one of our Operational Risk specialists, representing the organisation and building strong relationships with external partners, regulators and other governing bodies.
**What we’re looking for:**
- Strong understanding of Internal Supplier Risk with specific knowledge of relevant regulation (e.g. OCIR, Ring Fencing, SS2/21).
- An understanding of best-in-class approaches to internal and external supplier risk and recognised as a subject matter expert on this topic.
- Demonstrate confidence to provide credible advice and oversight to senior leaders within business teams, including distilling information into powerful messaging in written and verbal contexts to all levels.
- Able to develop and deliver a risk and control oversight plan to assess compliance to relevant laws, regulations, industry standards and/or established controls.
- Evidence of the ability to understand and assimilate different sources of data and complex information to support effective problem solving that leads to relevant conclusions and recommendations.
**And any of these would be great:**
- Good understanding of external Supplier Risk with specific knowledge of relevant regulation (e.g. SS2/21, DORA).
- Inclusive working style that ensures everyone can be themselves in a safe environment.
- A sound understanding or relevant experience of using AI in a supplier risk environment to undertake predictive risk analytics.
- Record of delivering results and an awareness of the importance of documentary evidence for key decisions.
- Experience of working in an agile environment.
- Evidence of demonstrating good and timely decision making that keeps the organisation moving forward and skilfully balances difficult trade-offs with the ability to understand business strategy and opportunity risks.
We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.
**This is a place for you**: We want to ensure all our candidates have the opportunity to shine. Please let us know if there is anything we can do to make sure the assessment process works for you.
**We also offer a wide-ranging benefits package, which includes:**
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 30 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.
We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
With 320 years under our belt, we’re used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers. Here, you’ll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.
Supplier Risk Manager in Birmingham employer: Lloyds Bank plc
At Lloyds Banking Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters inclusivity and personal growth. With flexible working options, a generous benefits package including a substantial pension contribution and 30 days of holiday, our employees are empowered to thrive both professionally and personally. Join us in Edinburgh, Leeds, Halifax, Birmingham, Bristol, or Cardiff, where you can make a meaningful impact while enjoying a supportive environment that values your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Supplier Risk Manager in Birmingham
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We think you need these skills to ace Supplier Risk Manager in Birmingham
Some tips for your application 🫡
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How to prepare for a job interview at Lloyds Bank plc
✨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 Lloyds Bank plc.
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