Head of Supplier Risk

Head of Supplier Risk

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead and manage the Supplier Risk function to ensure effective supplier management.
  • Company: Join Starling, Britain's first digital bank, revolutionising banking with technology and honesty.
  • Benefits: Enjoy 25 days holiday, private medical insurance, and a supportive work environment.
  • Why this job: Be part of a mission to reshape banking and solve real customer problems.
  • Qualifications: Experience in Supplier Risk Management and strong leadership skills required.
  • Other info: Open to diverse backgrounds; flexible working discussions encouraged.

The predicted salary is between 43200 - 72000 £ per year.

Hello, we’re Starling. Banking was broken – so we decided to fix it. The vision? Fast technology, fair service and honest values. All at the tap of a phone, all the time. We built Britain’s first digital bank. One hard-won banking licence later, we set about giving people a new way to spend, save and manage their money (and take better care of the planet, too). We’re changing banking for good.

Our culture is open, inclusive and focused on solving real customer problems, with an emphasis on doing the right thing, even when it’s not always the easy thing. Everyone at Starling is essential to our mission, which is really quite simple: to solve our customer’s problems – and build the best bank in the world!

The Role: At our core, we are dedicated to finding fantastic people and creating an environment where they can truly thrive. To support our continued growth, we are looking for a Head of Supplier Risk to join our Vendor Management and Procurement team. The Head of Supplier Risk will be responsible for leading and managing the Starling Group's Supplier Risk function. This involves overseeing the team and establishing the necessary processes and policies to ensure the effective, efficient, and compliant management of all supplier risk.

Key Responsibilities
  • Define and establish the Group’s framework for supplier risk management.
  • Lead, mentor, and develop the supplier risk team.
  • Ensure all Group and Bank supplier management activities adhere to relevant law and regulation.
  • Design and implement the required processes, tooling, data strategy, and team structure for the function.
Qualifications
  • Significant, demonstrable experience in Supplier Risk Management.
  • Proven expertise in Supplier Assurance and Audit processes.
  • Deep knowledge of key supplier risk domains, including:
  • IT Security and InfoSec/Cyber Risk
  • Business Continuity Management (BCM), Operational Resilience & Exit Planning
  • Concentration Risk
  • Privacy (e.g., GDPR)
  • Financial Crime (FinCrime)
  • Modern Slavery Act compliance
  • Strong understanding of relevant regulatory and legal requirements (e.g., SS1/21, SS2/21, EBA Outsourcing Guidelines, CTPs, SYSC8, CP17/24, OCIR).
  • Familiarity with Third-Party Risk Management (TPRM) systems and data management.
  • Experience participating in industry fora and working groups.
  • Knowledge of the FS risk agenda.
  • Leadership & Professional Skills
    • Proven ability in Team Leadership and Development.
    • Strong influencing skills within a matrix organisational structure.
    • High level of intelligence and advanced analytical capability.
    • Excellent analysis and decision-making skills, with the ability to simplify complex issues.
    • Experience in Business Process Design and improvement.
    • Exceptional planning and organisation of workload.
    • Demonstrated Project Management skills.

    Applications for this role will close on Monday 2nd February at midday.

    Benefits
    • 25 days holiday (plus take your public holiday allowance whenever works best for you).
    • An extra day’s holiday for your birthday.
    • Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off.
    • 16 hours paid volunteering time a year.
    • Salary sacrifice, company enhanced pension scheme.
    • Life insurance at 4x your salary.
    • Private Medical Insurance with VitalityHealth including mental health support and cancer care.
    • Partner benefits include discounts with Waitrose, MrMrs Smith and Peloton.
    • Generous family-friendly policies.
    • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks.
    • Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships.

    About Us: You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we’re always open to discussion. So, if you’re excited about working with us, but aren’t sure if you’re 100% there yet, get in touch anyway. We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

    Equal Opportunity Employer: Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

    Head of Supplier Risk employer: Starling Bank

    At Starling, we pride ourselves on being an exceptional employer, fostering a culture that is open, inclusive, and dedicated to solving real customer problems. Our commitment to employee growth is evident through our supportive environment, comprehensive benefits including enhanced pension schemes and generous holiday allowances, and opportunities for professional development. Located in the heart of London, we offer a unique chance to be part of a pioneering digital bank that is reshaping the financial landscape while prioritising sustainability and community engagement.
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    Contact Detail:

    Starling Bank Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Head of Supplier Risk

    ✨Tip Number 1

    Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

    ✨Tip Number 2

    Prepare for interviews by researching Starling's values and culture. Think about how your experience aligns with their mission to solve customer problems. Show them you're not just a fit on paper but also in spirit!

    ✨Tip Number 3

    Practice your pitch! Be ready to explain your experience in Supplier Risk Management clearly and confidently. Highlight your leadership skills and how you've tackled challenges in the past.

    ✨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 Starling team.

    We think you need these skills to ace Head of Supplier Risk

    Supplier Risk Management
    Supplier Assurance
    Audit Processes
    IT Security
    InfoSec/Cyber Risk
    Business Continuity Management
    Operational Resilience
    Exit Planning
    Concentration Risk
    Privacy (GDPR)
    Financial Crime Compliance
    Modern Slavery Act Compliance
    Regulatory Knowledge
    Third-Party Risk Management
    Team Leadership

    Some tips for your application 🫡

    Be Yourself: When writing your application, let your personality shine through! We want to get to know the real you, so don’t be afraid to show your passion for supplier risk management and how it aligns with our mission at Starling.

    Tailor Your Application: Make sure to customise your application to highlight your relevant experience in Supplier Risk Management. Use keywords from the job description to demonstrate that you understand what we’re looking for and how you fit into our vision.

    Showcase Your Achievements: Don’t just list your responsibilities; share specific examples of your successes in previous roles. Whether it’s leading a team or implementing a new process, we want to see how you’ve made an impact in your past positions.

    Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our culture!

    How to prepare for a job interview at Starling Bank

    ✨Know Your Supplier Risk Stuff

    Make sure you brush up on your knowledge of supplier risk management, especially the key domains mentioned in the job description. Be ready to discuss your experience with IT security, business continuity, and compliance with regulations like GDPR. This will show that you’re not just familiar with the terms but can apply them effectively.

    ✨Show Off Your Leadership Skills

    As a Head of Supplier Risk, you'll need to lead and mentor a team. Prepare examples of how you've successfully developed teams in the past. Think about specific challenges you faced and how you overcame them, as well as how you fostered an inclusive environment. This will demonstrate your ability to inspire and guide others.

    ✨Be Ready for Scenario Questions

    Expect questions that put you in hypothetical situations related to supplier risk. Practice articulating your thought process on how you would handle issues like a data breach or a supplier failing to meet compliance standards. This will showcase your analytical skills and decision-making capabilities.

    ✨Align with Starling's Values

    Starling is all about solving customer problems and doing the right thing. Be prepared to discuss how your personal values align with theirs. Share examples of how you've prioritised ethical considerations in your previous roles, and express your enthusiasm for contributing to a company that aims to reshape banking for good.

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