Third-Party Risk Analyst | S2 P4 | Cost Management & Procurement | Multiple Locations | Internal Mobility. in Milton Keynes

Third-Party Risk Analyst | S2 P4 | Cost Management & Procurement | Multiple Locations | Internal Mobility.

Country: United Kingdom

IT STARTS HERE

Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organisation, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.

This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

Our mission is to contribute to help more people and businesses prosper. We embrace a robust risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Cost & Procurement is a global business integrating all our retail and commercial banking activities to better serve our customers, improve efficiency and drive value creation.

THE DIFFERENCE YOU MAKE

Cost Management & Procurement is looking for a Third-Party Risk Analyst based out of Bradford, Milton Keynes or Glasgow. Glasgow is the preferred location.

As a Third-Party Risk Analyst, you will support the Third-Party Risk Management (TPRM) in delivering and maintaining a transformation capability for TPRM systems and processes in accordance with Santander internal and relevant external policies and regulation.

We’re shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:

• Support the development, maintenance and periodic review of the TPRM Standards and Control Framework, ensuring requirements remain clearly documented, proportionate and aligned to the TPRM Policy, applicable regulation, risk appetite and wider organisational risk frameworks.

• Develop and maintain the methodologies that underpin the TPRM framework, including risk assessment, criticality, segmentation, concentration, financial resilience and other relevant third-party risk methodologies, ensuring approaches, criteria, thresholds and decision rules are consistently defined and applied.

• Support the design, maintenance and ongoing review of TPRM Key Risk Indicators (KRIs), including the methodology, thresholds, tolerances and escalation criteria used to identify changes in third-party risk exposure and provide early warning of emerging or increasing risks. Monitoring risk metrics and indicators is specifically reflected in supervisory expectations for third-party risk management.

• Produce, analyse and continuously enhance TPRM Management Information and governance reporting, translating third-party data, KRIs, control performance, risk trends, concentrations, exceptions and emerging risks into clear insights that support effective management and governance decision-making.

• Support the ongoing effectiveness and continuous improvement of the TPRM framework, using insights from control monitoring, KRI performance, management information, assurance activity, audit findings, regulatory developments and stakeholder feedback to identify enhancements to Standards, Controls and Methodologies and track these through appropriate governance and approval

WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us greater as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Professional Experience:

• Experience of risk, governance and control analytics (required)

• Experience documenting, standards, procedures and controls (Required)

• Understanding of Third-Party Risk Management and Procurement (Preferred)

Hard Skills:

• Microsoft suite, particularly Excel, PowerPoint and Word (Required)

• Risk management tools & techniques (Required)

• Comfortable with data analysis and ability to identify insights from information (Preferred)

• Regulatory compliance knowledge (Preferred)

• Experience of coordinating project activity (Preferred)

Soft Skills:

• Able to work under pressure and to tight deadlines, individually and as part of a team (Required)

• Excellent communication and stakeholder management skills (Required)

• Passionate about delivering excellent customer service, all of the time (Required)

• Good understanding of Santander and ability to collaborate across a number of business areas (Preferred)

• Excellent attention to detail, ensuring accuracy of work (Required)

WE VALUE YOUR IMPACT

Salary Range:
£37,762.00 - £56,642.00 per annum (depending on experience)

This salary range represents the expected remuneration for the role. Annual salary is based on a standard 35-hour working week. Actual salary offered will depend on skills, experience, qualifications and location.

At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return.
Here, recognition goes beyond pay. It’s about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive — personally and professionally.

• Competitive rewards that reflect the real impact you make and the value you bring.

• Wellbeing that goes beyond work — we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support.

• Support for every life stage — from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support.

• Time to give back through volunteering opportunities that let you make a difference in the communities we serve.

• Global growth opportunities to shape your career, learn new skills and explore what’s possible across our international network.

Ready to be recognised? It starts with you.

LOCAL COMPLIANCE

At Santander, we’re proud to be an inclusive organisation that provides equal opportunities for everyone — regardless of age, gender, disability, civil status, race, religion or sexual orientation.

We’re committed to creating a recruitment experience that’s accessible, fair and welcoming for all candidates.

We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow.

To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles).

When applying, please consider the travel distance, time and cost to your chosen office location(s).

WHAT TO DO NEXT

If this sounds like a role you are interested in, then please apply.

For further Guidance please visit Internal Mobility - Candidate Guidance.

If you want to know more about the opportunity:

Please contact Emma.Loyden@santander.co.uk