At a Glance
- Tasks: Lead the development of third-party risk processes and engage with stakeholders to enhance risk management.
- Company: Join Nationwide, a leading financial services provider focused on safety and resilience in products and services.
- Benefits: Enjoy hybrid working, generous holiday, pension contributions, and wellness resources.
- Why this job: Shape the future of risk management while working in a dynamic, supportive team culture.
- Qualifications: Experience in supply-chain risk management and operational resilience is essential.
- Other info: Apply early as the advert may close sooner due to high application volumes.
The predicted salary is between 43200 - 72000 ÂŁ per year.
We’re looking for a Lead Risk Manager to create, embed and deliver enhancements across the third-party Risk function and wider organisation. The successful individual will be pivotal in the creation, delivery and maturity of approaches to support stakeholders’ ability to execute their Third Party Risk accountabilities.
You will be part of a dynamic team responsible for delivering end-to-end enterprise-wide supply chain risk and management capability. This role is within the third-party Risk Team in Business Services, focusing on the efficiency and effectiveness of enabling services across all of Nationwide’s third-party engagements. We build and embed efficient, effective and regulatory compliant third-party Management processes and standards.
With a Society-wide remit and deep subject matter expertise, what we do helps to ensure the safety and resilience of our products and services. We are an inquisitive team who drive continuous improvement at pace, and you’ll have the opportunity to shape and evolve the way we do things to deliver ultimate value for the Society.
At Nationwide, we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.
For this job, you’ll spend at least two days per week, or if part-time, you’ll spend 40% of your working time, based at our Swindon office. If your application is successful, your hiring manager will provide further details on how this works.
What you’ll be doing:
- Using your knowledge of Nationwide’s Risk Management frameworks and regulatory requirements for the use of third parties, you will design, build and implement third-party processes and standards – running workshops and engaging fully with Nationwide’s governance requirements.
- Provide qualitative and timely data and insight to stakeholders which enable them to execute their accountabilities.
- Work closely with other Specialist Risk Functions and Policy Owners regarding third-party risk requirements, specifically Operational Resilience.
- Take ownership of activities to address audit actions in line with internal audit timeframes and approaches.
- Develop engaging proposals for new processes, process improvements and standards, from concept, through to approval and on to implementation.
- Provide advice and expertise to a range of stakeholders including procurement leaders and business areas/functional risk teams.
- Develop and provide regular data analytics and metrics.
- Engage, influence, consult and challenge senior stakeholders on all areas of third-party risk.
About you:
As a minimum, you’ll have the following:
- Experience of supply-chain risk management.
- Understanding of operational resilience.
- Experience interpreting and implementing complex data requirements.
- Experience in design, development and embedding of new process and change activity.
- Experience in presenting proposals and new concepts to senior stakeholders.
- Experience in delivering engaging training.
Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:
- Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind.
- Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand.
- Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development.
- Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes.
You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.
The extras you’ll get:
- A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%.
- Up to 2 days of paid volunteering a year.
- Life assurance worth 8x your salary.
- A great selection of additional benefits through our salary sacrifice scheme.
- Wellhub – Access to a range of free and paid options for health and wellness.
- Access to an annual performance related bonus.
- Access to training to help you develop and progress your career.
- 25 days holiday, pro rata.
Lead Supplier Risk Manager employer: Nationwide Building Society
Contact Detail:
Nationwide Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Supplier Risk Manager
✨Tip Number 1
Familiarise yourself with Nationwide's Risk Management frameworks and regulatory requirements. Understanding these will not only help you in interviews but also demonstrate your commitment to the role and the organisation.
✨Tip Number 2
Network with current employees or professionals in the field of supply-chain risk management. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented new processes or improvements in previous roles. This will showcase your ability to drive continuous improvement, a key aspect of the Lead Supplier Risk Manager position.
✨Tip Number 4
Highlight your experience in engaging and influencing senior stakeholders. Be ready to share instances where you've effectively communicated complex ideas, as this aligns with the responsibilities of the role and demonstrates your fit for the team.
We think you need these skills to ace Lead Supplier Risk Manager
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Lead Supplier Risk Manager position. Make sure you understand the key responsibilities and required skills, particularly around third-party risk management and operational resilience.
Tailor Your CV: Customise your CV to highlight relevant experience in supply-chain risk management and any previous roles where you've designed or implemented processes. Use specific examples that demonstrate your ability to meet the requirements outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects how your values align with Nationwide's customer-first behaviours. Provide examples of how you've demonstrated these behaviours in past roles.
Highlight Data Skills: Since the role involves providing qualitative data and insights, make sure to emphasise your experience with data analytics and metrics in your application. Include specific tools or methodologies you are familiar with that relate to the role.
How to prepare for a job interview at Nationwide Building Society
✨Understand the Role and Responsibilities
Make sure you thoroughly understand the job description and the key responsibilities of a Lead Supplier Risk Manager. Familiarise yourself with Nationwide's Risk Management frameworks and be prepared to discuss how your experience aligns with their needs.
✨Showcase Your Experience in Supply Chain Risk Management
Be ready to provide specific examples from your past roles that demonstrate your experience in supply chain risk management. Highlight any successful projects where you designed or implemented processes that improved risk management.
✨Prepare for Stakeholder Engagement Scenarios
Since the role involves engaging with senior stakeholders, prepare to discuss how you've influenced or consulted with stakeholders in previous positions. Think of examples where you had to present proposals or challenge existing processes.
✨Emphasise Continuous Improvement Mindset
Nationwide values continuous improvement, so be prepared to discuss how you've driven improvements in your previous roles. Share specific instances where you identified inefficiencies and successfully implemented changes.