At a Glance
- Tasks: Lead supplier management and third-party risk strategy in a dynamic environment.
- Company: Join a leading financial institution with a focus on innovation and governance.
- Benefits: Generous pension, performance bonuses, share schemes, and flexible work arrangements.
- Other info: Opportunity for career growth and development in a supportive team.
- Why this job: Make a real impact by enhancing supplier performance and driving strategic initiatives.
- Qualifications: 5+ years in supplier management and third-party risk within regulated environments.
The predicted salary is between 60000 - 80000 £ per year.
Role Summary
Supplier Strategy & Governance Lead the CIB supplier management and third‑party risk strategy, aligned to Group frameworks and regulatory expectations.
Key Responsibilities
- Chair senior governance forums, providing oversight of performance, cost, resilience and risk, with clear executive MI and recommendations.
- Maintain executive accountability for highest‑criticality suppliers, including those supporting Important Business Services, ensuring robust governance, assurance, and exit and recovery planning.
- 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.
- 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.
- 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.
- Required Experience & Qualifications
- 5+ years 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).
Benefits
- A generous pension contribution of up to 15%
- Annual performance‑related bonus
- Share schemes including free shares
- Flexibility in holiday and work arrangements
- Wellbeing initiatives and generous parental leave policies
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Supplier Management Lead, CIB in London employer: Lloyd's
Lloyd's is an exceptional employer that fosters a collaborative work culture, allowing you to lead complex programmes in a dynamic environment. With a strong focus on employee well-being and professional growth, we offer comprehensive benefits including healthcare, a generous pension, and opportunities for continuous development, all within the vibrant setting of Greater London.
We think you need these skills to ace Supplier Management Lead, CIB in London
Supplier Management
Third-Party Risk Management
Governance Frameworks
Operational Resilience
Scenario Testing
Exit and Recovery Planning
Data Analysis