At a Glance
- Tasks: Lead supplier governance and risk management in a dynamic banking environment.
- Company: Join a leading UK business focused on diversity and inclusion.
- Benefits: Generous pension, performance bonuses, share schemes, and 30 days holiday.
- Other info: Hybrid working with support for disabilities and excellent career growth.
- Why this job: Make a real impact on supplier performance and strategic objectives.
- Qualifications: 5+ years in supplier management and third-party risk in regulated environments.
The predicted salary is between 120000 - 120000 £ per year.
Salary: Up to £120,000 (dependent on experience)
Location: London
Hours: Full-Time
Working pattern: Hybrid working – spend at least two days per week (40%) at one of our office sites. We support colleagues with disabilities with workplace adjustments in line with our Flexibility Works policy.
About This Opportunity
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).
We know that great talent comes from many backgrounds. 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
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities. We are 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. As a Disability Confident Leader, we guarantee interviews for applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers.
Benefits
- 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
Ready to make an impact? Apply today!
StudySmarter Expert Advice🤫
We think this is how you could land Supplier Management Lead, CIB in London
✨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.
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Don’t shy away from reaching out directly to firms like LLOYDS BANKING GROUP. 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 Management Lead, CIB in London
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 LLOYDS BANKING GROUP.
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 LLOYDS BANKING GROUP'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 LLOYDS BANKING GROUP
✨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 BANKING GROUP.
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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 LLOYDS BANKING GROUP 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 LLOYDS BANKING GROUP 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.
