At a Glance
- Tasks: Lead supplier risk oversight and develop strong relationships with internal teams.
- Company: Join a leading UK business committed to diversity and inclusion.
- Benefits: Generous pension, performance bonuses, share schemes, and 30 days holiday.
- Other info: Flexible working arrangements and support for diverse needs.
- Why this job: Make a real impact in risk management while working in a hybrid environment.
- Qualifications: Strong supplier risk expertise and excellent communication skills required.
The predicted salary is between 83411 - 107943 £ per year.
Job Description Summary
SALARY: £83,411 - £107,943
LOCATION(S): Edinburgh, Leeds, Halifax, Birmingham, Bristol
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 expert Senior Manager for this new role to support the development, implementation and operationalisation of robust Business Unit Supplier Risk Oversight aligned with the Group’s Enterprise Risk Management Framework (ERMF). You’ll be an authority on supplier risk, providing thought leadership, insight, and oversight on how Business Units align with relevant regulations and manage supplier risk effectively. You’ll drive the approach and implementation of supplier oversight objectives identifying risks, challenging and advising the business to mitigate and control risks in accordance with the risk appetite.
Key accountabilities:
- Lead, develop and drive pragmatic relationships with strategic internal customers and act as a trusted advisor for supplier risk.
- Lead and contribute to delivering Material Outsource Notifications coordinating with internal risk specialists and relevant Business Units.
- Take responsibility to formally grow capabilities within a significant functional area of the business.
- Act as one of LBG’s Operational Risk specialists representing the organisation, building strong relationships with external partners, regulators, and other governing bodies.
- Provide input and direction to the ongoing development of the LBG supplier risk capability including new global regulatory approaches and requirements.
- Ensure Business Units align to relevant internal policies and adhere to current regulatory requirements such as SS2/21, EBA, DORA or similar.
- Attend and contribute to Group wide governance offering a depth of subject‑matter expertise and risk opinion.
- Contribute to and support the enhancement of risk policies and appetite through the identification and assessment of emerging risks.
- Provide thematic periodic updates to risk committees including the performance of Business Units and their remediation of notable or emerging risks.
- Support the evolution of the supplier risk capability bringing experience of framework, tooling, or process experience.
- Build and deliver pragmatic risk opinion on notable topics or emerging themes including Business Process Outsourcing (BPO) to support LBG supplier strategy.
- Assist with the development and implementation of effective, ongoing data‑led Operational Risk control objectives to meet the needs or risk and control owners, control specialist teams, Audit, and external regulators.
What you’ll need:
- Evidence of strong supplier risk expertise with a track record of delivery in complex environments bringing specific expertise of relevant regulation.
- Experience of creating and delivering Material Outsource Notifications to a high standard; experience of delivering to regulators would be advantageous.
- Understand best in class approaches to operational risk globally and recognised internally and externally as a subject matter authority and capable of influencing regulatory policy as it relates to the Financial Services sector.
- Demonstrate confidence to provide credible advice and oversight to support the business and the mandate of the SMF.
- Demonstrate solid understanding of relevant laws, regulation, industry standards and established industry leading practices in Operational Risk Management.
- 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.
Additional experience:
- Excellent communication skills and the ability to influence at senior levels.
- Inclusive working style that ensures everyone can be themselves in a safe environment.
- Record of delivering results and an awareness of the importance of documentary evidence for key decisions.
- A sound understanding or relevant experience of using AI in a supplier risk environment to undertake predictive risk analytics.
- Demonstrates strong operational risk expertise, ensuring the business clearly understands its risk obligations and operates within Risk Appetite.
- Able to provide examples of robust oversight and effective challenge, identify emerging risks early, and recommend mitigation actions that are outcome focused, practical and commercially viable.
About working for us
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. As a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of 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. Just let us know what you need.
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
Senior Supplier Risk Oversight Leader (Hybrid) employer: Lloyds Banking Group
Join a forward-thinking organisation that prioritises diversity, equity, and inclusion, offering a hybrid work model that promotes flexibility and work-life balance. With a commitment to employee growth, you will have access to robust training opportunities, generous benefits including a pension contribution of up to 15%, and a supportive environment that encourages innovation and collaboration. This is an exciting chance to make a meaningful impact in supplier risk oversight while working in vibrant cities like Edinburgh, Leeds, and Birmingham.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Supplier Risk Oversight Leader (Hybrid)
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Tailor your answers to show how your experience aligns with their values and goals. We want to see you shine!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online platforms. The more comfortable you are, the better you’ll perform when it counts.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and shows your enthusiasm for the role. Plus, it’s a great way to reiterate your fit for the position.
We think you need these skills to ace Senior Supplier Risk Oversight Leader (Hybrid)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Supplier Risk Oversight Leader role. Highlight your relevant experience in supplier risk management and how it aligns with our needs. We want to see how you can bring your expertise to our team!
Showcase Your Achievements:Don’t just list your responsibilities; share specific achievements that demonstrate your impact in previous roles. Use metrics where possible to quantify your success. This helps us see the value you could bring to our organisation.
Be Authentic:Let your personality shine through in your application. We’re looking for someone who fits well with our culture, so don’t be afraid to show us who you are and what makes you passionate about supplier risk oversight.
Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. This ensures your application gets to the right people and allows us to keep track of all candidates efficiently. We can’t wait to hear from you!
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Supplier Risk Inside Out
Make sure you brush up on the latest regulations and best practices in supplier risk management. Be prepared to discuss how your expertise aligns with the Group’s Enterprise Risk Management Framework and how you can contribute to their objectives.
✨Showcase Your Communication Skills
As a Senior Manager, you'll need to influence at senior levels. Practice articulating your thoughts clearly and confidently. Prepare examples of how you've successfully communicated complex risk concepts to diverse stakeholders in the past.
✨Demonstrate Your Decision-Making Ability
Be ready to share specific instances where you've made timely decisions that positively impacted your organisation. Highlight how you balanced trade-offs while keeping the business strategy in mind, showcasing your ability to navigate complex environments.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to identify and mitigate emerging risks. Think of real-life scenarios where you've provided oversight and challenge, and be ready to discuss the outcomes and lessons learned from those experiences.
