Procurement Risk Management Specialist
1 day ago
We are seeking a highly skilled Procurement Risk Management Specialist to join our Central Procurement function. As a key member of our team, you will play a crucial role in assisting with third-party risk assessments, due diligence, and ongoing monitoring. Your expertise will help us ensure compliance with regulatory, Group, and business requirements.
The successful candidate will work closely with our SRM team, Procurement Enablement, and Sourcing teams to support the TPRM Lifecycle. This includes performing risk assessments, supporting remediation activities, and ensuring all necessary risk assessments and due diligence processes are completed accurately and efficiently.
Key Responsibilities:
- Support the designated Business Owner in carrying out the TPRM Lifecycle
- Support remediation activities to ensure timely completion by the third party and internal business function
- Assist in the onboarding process for new third parties, ensuring all necessary risk assessments and due diligence processes are completed accurately and efficiently
- Support the definition of BC/DR plans and exit plans with relevant functions
Essential Skills:
- Knowledge and understanding of procurement and risk management processes
- Understanding of supplier assurance and relationship management practices
- Understanding of corporate risk/risk management, preferably through experience working in Banking and Insurance sectors in Assurance/TPRM roles
- Track record of accuracy and attention to detail
What We Offer:
In return for your expertise, we offer a competitive salary range £55,000 - £65,000 per annum, depending on experience, plus a range of flexible benefits including hybrid working options, global career opportunities, and fantastic career development and training opportunities.
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