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
- #J-18808-Ljbffr
Supplier Management Lead, CIB 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
Supplier Management
Third-Party Risk Management
Governance Frameworks
Operational Resilience
Scenario Testing
Exit and Recovery Planning
Data Analysis
