Supplier Risk Manager
Lloyds Banking Group
full-time
Posted on:
Location Type: Hybrid
Location: Leeds • 🇬🇧 United Kingdom
Visit company websiteSalary
💰 £43,803 - £48,670 per year
Job Level
Mid-LevelSenior
About the role
- Support the team in oversighting 1LOD robust risk management in alignment with the Group’s Enterprise Risk Management Framework (ERMF).
- Provide insight, and oversight on how the Group demonstrates compliance with all material regulatory requirements (e.g. SYSC 8, OCIR and SS2/21 rules).
- Support the strategy and approach for policies, appetite, and controls to enable the delivery of customer, regulatory and business strategic outcomes.
- Support the development and maintenance of effective relationships with strategic internal customers, assisting senior colleagues in acting as trusted advisors for supplier risk matters.
- Provide SME input into the ongoing development of LBG’s supplier risk capability, including helping to interpret and implement new regulatory requirements.
- Support the development of risk opinions on key topics or emerging themes, to inform LBG’s supplier strategy.
- Help ensure Business Units align to internal policies and regulatory requirements (e.g., SS2/21, EBA, DORA), by supporting compliance monitoring and reporting activities.
- Assist in preparing periodic updates for risk committees, including gathering data on Business Unit performance and supporting the tracking of remediation actions for notable or emerging risks.
- Contribute to the ongoing evolution of supplier risk capability, drawing on your experience with frameworks, policies, tooling to support continuous improvement.
- Assist with the development and implementation of data-led Operational Risk control objectives, supporting risk and control owners, specialist teams with relevant information and analysis.
Requirements
- Demonstrates a solid understanding of supplier risk, and familiarity with relevant regulations.
- Understands operational risk best practices and supports the team in applying these approaches, learning from recognised internal and external standards.
- Provides credible advice and support to colleagues and the business, helping to uphold the mandate of senior management functions (SMF).
- Shows a good grasp of relevant regulations, industry standards, and established practices in Operational Risk Management, and applies this knowledge in day-to-day activities.
- Demonstrates sound judgement and timely decision-making, supporting the organisation’s progress and helping to balance competing priorities, with an awareness of business strategy and risk opportunities.
- Act as a team player, willing to get involved in tasks, solve problems and support colleagues by contributing positively to strategic goals.
Benefits
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 28 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
supplier risk managementoperational risk managementcompliance monitoringdata analysisrisk assessmentregulatory compliancerisk reportingrisk control objectivesframework developmentpolicy implementation
Soft skills
communicationteam collaborationproblem-solvingdecision-makingjudgmentstrategic thinkingrelationship managementadvisory skillstime managementadaptability