At a Glance
- Tasks: Lead supplier management and third-party risk in a dynamic banking environment.
- Company: Join Lloyds Banking Group, a leader in diversity and inclusion.
- Benefits: Enjoy a generous pension, performance bonuses, and 30 days holiday.
- Other info: Flexible working options and a commitment to workplace adjustments.
- Why this job: Make a real impact on financial services while developing your career.
- Qualifications: 5+ years in supplier management and risk within regulated environments.
**End Date**: Monday 25 May 2026
**Salary Range**: £0 - £0
**Flexible Working Options**: Hybrid Working, Job Share
**Job Description Summary**:
Join our Corporate and Institutional Banking (CIB) division as our Supplier Management Lead, where you’ll lead CIB’s supplier governance, third-party risk management, operational resilience, outsourcing compliance and performance. This high-impact role ensures suppliers operate within regulatory expectations while delivering commercial value and supporting CIB’s strategic objectives.
**Key Responsibilities**:
- Supplier Strategy & Governance: Lead the CIB supplier management and third‐party risk strategy, aligned to Group frameworks and regulatory expectations. Chair senior governance forums, providing oversight of performance, cost, resilience and risk, with clear executive MI and recommendations. Maintain executive accountability for our highest‐criticality suppliers, including those supporting Important Business Services, ensuring robust governance, assurance, and exit and recovery planning.
- Third‐Party Risk Management: Deliver fit‐for‐purpose third‐party risk processes across the full supplier lifecycle, ensuring compliant, controlled and scalable execution. Strengthen and drive insight through data, automation and tooling to improve risk identification and decision‐making. Lead resilience and scenario testing, with integrated oversight across operational, cyber, financial, ESG, concentration and geopolitical risk, and ensure audit-ready evidence.
- Supplier Performance & Commercial Value: Implement performance frameworks (e.g., balanced scorecards) covering cost, service, risk and resilience. Drive value through demand management, contract optimisation and supplier rationalisation, addressing underperformance where needed. Use performance and financial MI to support governance decisions and CIB productivity / cost outcomes.
- Leadership & Stakeholder Engagement: Lead and develop the supplier management team across governance, risk, performance and commercial management. Define and deliver the offshore supplier management operating model, including capability build and transition activity, maintaining service continuity and effective risk control. Act as a senior escalation point and trusted partner across COO, CIO, Risk and Procurement; deputise for the Head of Third Party Management and Operational Integrity & Resilience as required.
**What We Need From You**:
- 5+ years’ experience leading supplier management / supplier governance for strategic suppliers within a regulated environment.
- 5+ years’ experience in third‐party risk management and outsourcing compliance across the supplier lifecycle.
- Strong knowledge of operational resilience for suppliers, including scenario testing and exit/recovery planning.
- Proven people leadership, including delivery through offshore or distributed teams.
- Strong commercial judgement, with experience improving supplier performance and value (e.g. scorecards, optimisation).
- Experience using automation/analytics tooling to improve supplier insight and risk identification (desirable).
**This Is A Place For You**:
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.
**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. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
Supplier Management Lead, CIB employer: Lloyds Bank plc
At Lloyds Banking Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that champions diversity, equity, and inclusion. As a Supplier Management Lead in our Corporate and Institutional Banking division, you'll benefit from a generous benefits package, including a substantial pension contribution, flexible working options, and ample opportunities for professional growth in a supportive environment. Join us in shaping the future of finance while enjoying a fulfilling career in vibrant locations like London, Birmingham, or Bristol.
StudySmarter Expert Advice🤫
We think this is how you could land Supplier Management Lead, CIB
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people know you’re on the hunt, the better your chances of landing that Supplier Management Lead role.
✨Tip Number 2
Prepare for interviews by researching the company and its suppliers. Understand their governance and risk management strategies. This will help you showcase your knowledge and demonstrate how you can add value to their CIB division.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in supplier governance and third-party risk management clearly and confidently. Highlight specific examples where you’ve driven performance and commercial value.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Supplier Management Lead, CIB
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in supplier management and third-party risk. We want to see how your skills align with the key responsibilities outlined in the job description.
Showcase Your Achievements:Don’t just list your duties; share specific examples of how you’ve led supplier governance or improved performance in previous roles. We love seeing quantifiable results that demonstrate your impact!
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate a well-structured application that’s easy to read and understand.
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Lloyds Bank plc
✨Know Your Stuff
Make sure you understand the key responsibilities of the Supplier Management Lead role. Brush up on supplier governance, third-party risk management, and operational resilience. Being able to discuss these topics confidently will show that you're serious about the position.
✨Prepare Real-Life Examples
Think of specific instances from your past experience where you've successfully led supplier management or improved performance. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you demonstrate your skills effectively during the interview.
✨Engage with Questions
Prepare thoughtful questions to ask your interviewers about their supplier strategy and governance frameworks. This shows your interest in the role and helps you gauge if the company culture aligns with your values.
✨Showcase Your Leadership Skills
Since this role involves leading a team, be ready to discuss your leadership style and how you've developed teams in the past. Highlight any experience you have with offshore or distributed teams, as this is particularly relevant for the position.
