My Client is a rapidly growing challenger bank with a high dependency on both major outsourcing and less material supplier relationships. Critical to their success is that suppliers are robustly managed to ensure supplier related risks are robustly managed and regulatory obligations are fully complied with. My client has recently established procurement policies and processes to create a framework to manage its third party suppliers; it now requires a Supplier Operations & Compliance Manager to ensure this is fully embedded within the Bank.
The key responsibilities of the Supplier Operations & Compliance Manager are:-
- Managing all aspects of supplier due diligence, before and after contract, ensuring suppliers are properly assessed and classified according to supply risk and then required risk management activity is fully completed
- Supporting, and potentially leading, supplier site visits
- Coaching supplier managers on their responsibilities, both pre and post-contract
- Coordinating monthly Supplier Management Forum of supplier managers
- Preparing dashboard reports for the benefit of the Board on overall supplier risk and policy/process compliance
- Ensuring that supplier related policies, processes and business practices are updated to meet the requirements of changing regulatory
The successful Supplier Operations & Compliance Manager will demonstrate:-
- To generally act as an expert in their role (i.e. be able to advise on the right level of risk management required and regulatory obligations)
- Substantial operational procurement experience, managing supplier related risk due diligence & regulatory compliance
- Financial services sector experience
- Experience of major outsourcing supplier arrangement (ideally including complex IT)
- Visible enthusiasm for area of responsibility
- Strong Interpersonal skills, high energy and the ability to influence
On offer to the successful Supplier Operations & Compliance Manager is an excellent opportunity to take full ownership of the embedding best practice with an exciting and ambitious challenger bank.