Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage supplier risks and ensure smooth transformation across major projects.
- Company: Join Metro Bank, a leader in financial services with a focus on innovation.
- Benefits: Enjoy competitive salary, bonuses, generous holidays, and hybrid working options.
- Other info: Dynamic role with opportunities for professional growth and development.
- Why this job: Make a real impact by safeguarding our customers and enhancing supplier relationships.
- Qualifications: Experience in supplier risk management and strong analytical skills required.
The predicted salary is between 60000 - 70000 ÂŁ per year.
We are looking for an experienced Supplier Risk Manager on a 12âmonth fixedâterm contract to play a key role in strengthening our supplier risk management across major transformation programmes.
Key Responsibilities
- Embed supplier risk management into transformation activity, working closely with programme teams and Procurement to ensure thirdâparty risks are understood early and positioned as enablers to successful delivery.
- Identify and assess supplier risks at onboarding, for service scope changes, and through to supplier offâboardingâensuring the Bank's risk exposure is clearly understood and managed.
- Conduct robust supplier due diligence, evaluating control effectiveness and riskâmitigation measures to ensure all products and services are fit for purpose, meet Metro Bank standards, and protect our customers.
- Lead crossâfunctional matrix teams of Subject Matter Experts to deliver highâquality 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 riskâbased decisions.
- Design, enhance and implement processes in response to emerging regulations, internal policy changes and evolving industry best 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 within the role's scope.
Key Requirements
- Experience across 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 related consultations).
- Strong analytical ability.
- Experience influencing and building relationships with senior leaders.
- Knowledge of industry best practices.
- Understanding of the risks associated with the role and their implications for Metro Bank and stakeholders.
Benefits
- Competitive salary.
- Discretionary annual bonus.
- Generous holiday allowance.
- Attractive pension scheme.
- Healthcare, life assurance and a range of colleague discounts.
- Hybrid working arrangement where possible.
Supplier Risk Manager in London employer: Metro Bank
Contact Detail:
Metro Bank Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Supplier Risk Manager in London
â¨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those who work at Metro Bank or similar companies. A friendly chat can open doors and give you insider info on the role.
â¨Tip Number 2
Prepare for interviews by researching common supplier risk management scenarios. Think about how you'd handle them and be ready to share your insights. We want to see your analytical skills in action!
â¨Tip Number 3
Showcase your experience with real-life examples. When discussing your background, highlight specific projects where you managed supplier risks effectively. This will help us see your impact and expertise.
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Metro Bank.
We think you need these skills to ace Supplier Risk Manager in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Supplier Risk Manager role. Highlight your experience with supplier risk management frameworks and any relevant regulations. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about supplier risk management and how you can contribute to our transformation programmes. Keep it engaging and relevant to the job description.
Showcase Your Analytical Skills: Since strong analytical ability is key for this role, make sure to include examples of how you've used data to identify trends or mitigate risks in previous positions. We love seeing concrete examples that demonstrate your expertise!
Apply Through Our Website: Don't forget to apply through our website! Itâs the best way for us to receive your application and ensures youâre considered for the role. Plus, it shows youâre keen on joining our team at StudySmarter!
How to prepare for a job interview at Metro Bank
â¨Know Your Supplier Risk Management Frameworks
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 UK regulations like PRA SS2/21 and FCA SYSC 8.1.
â¨Demonstrate Your Analytical Skills
Prepare to showcase your analytical abilities by bringing examples of how you've identified and assessed supplier risks in the past. Think about specific situations where your analysis led to effective risk mitigation strategies.
â¨Build Relationships with Senior Leaders
Since influencing and building relationships is key, come prepared with examples of how you've successfully collaborated with senior leaders. Highlight any cross-functional projects you've led or contributed to, especially those that required strong governance documentation.
â¨Stay Updated on Regulations
Show your commitment to staying informed about regulatory changes and industry best practices. Be ready to discuss recent developments in supplier risk management and how they could impact the role at Metro Bank.