At a Glance
- Tasks: Manage supplier risks and ensure smooth operations through collaboration and analysis.
- Company: Metro Bank, a people-first bank focused on trust and authentic connections.
- Benefits: Competitive salary, bonus, generous holidays, healthcare, and career progression opportunities.
- Why this job: Make a real impact in risk management while working in a supportive and dynamic environment.
- Qualifications: Experience in supplier risk management and strong analytical skills.
- Other info: Flexible working options and a commitment to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
At Metro Bank, we believe the best banking experience starts with people who genuinely care. We’re not just delivering banking services - we’re building trust through authentic connections. Here, our people come first; our colleagues are part of a team that values individuality, collaboration, and long‑standing relationships. We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible.
What You Will Do
- Embed supplier risk management into transformation activity, working closely with programme teams and Procurement to ensure third‑party risks are understood early and positioned as enablers to successful delivery.
- Act as the specialist link between transformation programmes and the established Supplier Risk & Assurance function and act as a trusted adviser to senior stakeholders across the bank.
- Identify and assess supplier risks at onboarding, for service scope changes, and through to supplier offboarding—ensuring the Bank’s risk exposure is clearly understood and managed.
- Conduct robust supplier due diligence, evaluating control effectiveness and risk‑mitigation measures to ensure all products and services are fit for purpose, meet Metro Bank standards, and protect our customers.
- Lead cross‑functional matrix teams of Subject Matter Experts to deliver high‑quality risk assessments and associated governance documentation, often to challenging deadlines and regulatory expectations.
- Plan, facilitate and test supplier exit strategies, including simulation or scenario workshops, to assess the potential impact of planned and stressed exits on operations, customers, finances, reputation, regulatory compliance and market stability.
- Produce, analyse and present management information, identifying trends to support business areas in mitigating supplier risks and making risk‑based decisions.
- Design, enhance and implement processes in response to emerging regulations, internal policy changes and evolving industry good practice.
- Stay up to date with regulatory and policy changes, providing timely advice and guidance to colleagues across the Bank.
- Undertake any other reasonable duties that fall within the scope of the role.
And... we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the ability to call out any concerns.
What You Will Need
- Experience of the wide spectrum of risks associated with suppliers, including Information Security, Operational Resilience, Vulnerable Customers, GDPR, OCIR, Sanctions, Modern Slavery, etc.
- Working knowledge of supplier risk management frameworks, processes and systems.
- Understanding of UK regulations impacting supplier risk management within the financial industry e.g. PRA SS2/21, FCA SYSC 8.1 and consultations on changes likely to be implemented.
- Strong analytical ability.
- Experience influencing and building relationships with senior leaders.
- Knowledge of Industry best practices.
- Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders.
Our promise to you…
- We will make sure that you are well‑rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts!
- We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions).
Important Footnote
Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box. We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not give it a whirl?
Please note that sometimes we may close a job earlier for applications if we are inundated with amazing candidates. Good luck!
Supplier Risk Manager employer: Metro Bank (UK)
Contact Detail:
Metro Bank (UK) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Supplier Risk Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Metro Bank. A friendly chat can give you insights and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for interviews by understanding the role inside out. Dive into supplier risk management frameworks and UK regulations. The more you know, the more confident you'll be when discussing how you can add value to the team.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled supplier risks in the past. Use real-life scenarios to demonstrate your problem-solving abilities and how you can help Metro Bank manage their supplier relationships.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in being part of the Metro Bank family.
We think you need these skills to ace Supplier Risk Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Supplier Risk Manager role. Highlight your experience with supplier risk management frameworks and any relevant regulations, as this will show us you understand what we're looking for.
Showcase Your Analytical Skills: We love candidates who can analyse data and identify trends. In your application, give examples of how you've used your analytical abilities in past roles, especially in relation to supplier risks or compliance.
Be Authentic: At Metro Bank, we value genuine connections. Don’t be afraid to let your personality shine through in your application. Share your passion for risk management and how you can contribute to our team culture.
Apply Through Our Website: To make sure your application gets the attention it deserves, apply directly through our website. This way, we can easily track your application and get back to you quicker!
How to prepare for a job interview at Metro Bank (UK)
✨Know Your Supplier Risk Management
Make sure you brush up on your knowledge of supplier risk management frameworks and processes. Be ready to discuss how you've applied these in previous roles, especially in relation to Information Security and Operational Resilience.
✨Showcase Your Analytical Skills
Prepare to demonstrate your strong analytical abilities. Think of examples where you've identified trends or assessed risks effectively. This will show that you can produce and analyse management information to support decision-making.
✨Build Relationships with Stakeholders
Since this role involves influencing senior leaders, think about how you can showcase your relationship-building skills. Have examples ready that illustrate how you've successfully collaborated with cross-functional teams or advised stakeholders in the past.
✨Stay Updated on Regulations
Familiarise yourself with UK regulations impacting supplier risk management, like PRA SS2/21 and FCA SYSC 8.1. Being able to discuss recent changes and their implications will demonstrate your commitment to staying informed and proactive in your approach.