Risk Assurance Specialist

1 month ago


London, Greater London, United Kingdom Direct Line Group Full time

Job Summary

We are seeking a Risk Assurance Specialist to join our team at Direct Line Group. As a key member of our Shared Services team, you will play a critical role in implementing our Supplier Assurance Strategy.

Key Responsibilities

  • Manage supplier risk and compliance audits for Procurement & Supply Chain, ensuring management and control and compliance to legislative, contractual, and regulatory requirements.
  • Input into the strategy by ensuring that existing and changes in key industry regulations, such as to the Financial Conduct Authority (FCA) and other legal, regulatory or risk management frameworks are communicated to the Supplier Assurance Manager with a view to implementation into the strategy review/processes.
  • Conduct due diligence assessments on suppliers, to provide visibility of potential risks before the onboarding of the supplier.
  • Ensure the consistency of risk classifications and reporting and identify any patterns or trends. Identify and refer serious single or trend issues to Supplier Assurance Manager.
  • Manage Stakeholders to ensure completion of assessment actions, ensuring that appropriate evidence is saved to support closure / resolution and a full audit trail is in place in all instances to support decisions.
  • Ensure changes in regulations and frameworks are incorporated into assessment practices.
  • Manage relationships with all partners to develop scopes, deliver the assessment schedule, and oversee issue closure.
  • Support the wider our requirements by responding to and providing a professional service to ad hoc assessment requests, above BAU work where this is deemed appropriate.
  • Achieve all required performance indicators, including volume of assessments, business and assessment reporting timescales, business feedback scores, and Audit the Auditor targets.

Requirements

  • Experience within risk/audit/legal.
  • Excellent stakeholder management skills.
  • High level of accuracy & attention to detail.
  • Strong negotiation & influencing skills.
  • A strong commercial acumen.

Benefits

  • 9% employer contributed pension.
  • Up to 10% bonus.
  • 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover.
  • Additional optional Health and Dental insurance.
  • EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
  • Generous holidays.
  • Buy as you earn share scheme.
  • Employee discounts and cashback.
  • Plus many more.

About Us

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we're a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.



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