At a Glance
- Tasks: Lead supplier risk oversight and ensure compliance with regulations while supporting strategic goals.
- Company: Join Lloyds Banking Group, a leader in finance focused on diversity and inclusion.
- Benefits: Generous pension, performance bonuses, 30 days holiday, and flexible lifestyle benefits.
- Other info: Dynamic hybrid work environment with opportunities for growth and development.
- Why this job: Make a real impact in shaping the future of financial services.
- Qualifications: 5+ years in supplier risk management with strong regulatory knowledge.
The predicted salary is between 67023 - 74470 £ per year.
Job Description Summary
SALARY: £67,023 - £74,470
LOCATION: Leeds, Edinburgh, Halifax and Birmingham
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.
What you’ll be doing
An exciting opportunity awaits, and now is the perfect time to come aboard as we embed a new operating model for non-financial risk management across the Group and empower our people to take end-to-end accountability for their risks. We’re looking for a Manager to join our team of Supplier Risk Specialists focussed on the development, implementation and operationalisation of robust Business Unit Supplier Risk and Control Oversight aligned with the Group’s Enterprise Risk Management Framework (ERMF).
As an Internal and External Supplier Risk Assistant Manager you have the opportunity to:
- Support the team in oversighting 1LOD robust risk management in alignment with the Group’s Enterprise Risk Management Framework (ERMF).
- Provide insight, and oversight on how the Group demonstrates compliance with all material regulatory requirements (e.g. SYSC 8, OCIR and SS2/21 rules).
- Support the strategy and approach for policies, appetite, and controls to enable the delivery of customer, regulatory and business strategic outcomes.
Key accountabilities
- Support the development and maintenance of effective relationships with strategic internal customers, assisting senior colleagues in acting as trusted advisors for supplier risk matters.
- Provide SME input into the ongoing development of LBG’s supplier risk capability, including helping to interpret and implement new regulatory requirements.
- Support the development of risk opinions on key topics or emerging themes, to inform LBG’s supplier strategy.
- Help ensure Business Units align to internal policies and regulatory requirements (e.g., SS2/21, EBA, DORA), by supporting compliance monitoring and reporting activities.
- Assist in preparing periodic updates for risk committees, including gathering data on Business Unit performance and supporting the tracking of remediation actions for notable or emerging risks.
- Contribute to the ongoing evolution of supplier risk capability, drawing on your experience with frameworks, policies, tooling to support continuous improvement.
- Assist with the development and implementation of data-led Operational Risk control objectives, supporting risk and control owners, specialist teams with relevant information and analysis.
Why join us?
We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.
What we’re looking for?
- Minimum 5 years experience in supplier risk, and can demonstrate a solid understanding of supplier risk, and familiarity with relevant regulations.
- Understands operational risk best practices and supports the team in applying these approaches, learning from recognised internal and external standards.
- Provides credible advice and support to colleagues and the business, helping to uphold the mandate of senior management functions (SMF).
- Shows a good grasp of relevant regulations, industry standards, and established practices in Operational Risk Management, and applies this knowledge in day-to-day activities.
- Demonstrates sound judgement and timely decision-making, supporting the organisation’s progress and helping to balance competing priorities, with an awareness of business strategy and risk opportunities.
- Act as a team player, willing to get involved in tasks, solve problems and support colleagues by contributing positively to strategic goals.
And Any Experience Of These Would Be Great
- Excellent communication and organisation skills.
- Inclusive working style that ensures everyone can be themselves in a safe environment.
- Record of delivering results and an understanding the importance of documentary evidence for key decisions.
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.
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
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.
Ready to make an impact? Apply today.
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.
Senior Supplier Risk Oversight Lead in Wellington employer: Lloyds Banking Group
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in Leeds, Edinburgh, Halifax, and Birmingham, where hybrid working fosters flexibility and inclusivity. With a strong commitment to employee growth, generous benefits including a substantial pension contribution, and a focus on diversity and inclusion, we empower our colleagues to thrive while making a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Supplier Risk Oversight Lead in Wellington
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or at industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Supplier Risk Oversight Lead role.
✨Tip Number 2
Prepare for those interviews by researching the company and its culture. We want to show that you’re not just a fit for the role, but also for the team. Tailor your answers to reflect how your experience aligns with their goals and values.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online platforms. We can’t stress enough how important it is to articulate your thoughts clearly and confidently when discussing your supplier risk expertise.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way in keeping you top of mind. We want to remind them why you’re the best candidate for the job!
We think you need these skills to ace Senior Supplier Risk Oversight Lead in Wellington
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Supplier Risk Oversight Lead role. Highlight your relevant experience in supplier risk and operational risk management, and show how you align with our values and goals.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your understanding of regulations and your ability to provide credible advice. We want to see how you’ve made an impact in previous roles.
Be Clear and Concise:Keep your application clear and to the point. Use straightforward language and avoid jargon where possible. We appreciate a well-structured application that makes it easy for us to see your qualifications and fit for the role.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Stuff
Make sure you brush up on your knowledge of supplier risk management and relevant regulations like SYSC 8 and SS2/21. Being able to discuss these topics confidently will show that you're not just familiar with the basics, but that you can provide credible advice and support to the team.
✨Showcase Your Experience
Prepare specific examples from your past roles that demonstrate your understanding of operational risk best practices. Highlight how you've applied these in real situations, as this will help you stand out as a candidate who can hit the ground running.
✨Build Relationships
Since the role involves maintaining effective relationships with internal customers, think about how you can convey your interpersonal skills during the interview. Share instances where you've successfully collaborated with others or acted as a trusted advisor in previous positions.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's approach to supplier risk and their future strategies. This not only shows your genuine interest in the role but also gives you a chance to assess if the company aligns with your values and career goals.