At a Glance
- Tasks: Lead supplier governance and risk management in a dynamic banking environment.
- Company: Join a leading UK bank committed to diversity and inclusion.
- Benefits: Generous pension, performance bonuses, share schemes, and 30 days holiday.
- Other info: Flexible working options and support for colleagues with disabilities.
- 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!
