Overview
We are seeking a highly motivated and experienced Senior Supplier Risk and Assurance Officer to join our Procurement team. This role is critical in ensuring third party risk frameworks and policies are complied with. You'll be responsible for understanding and tracking risks and completing due diligence and assurance activities across third-party relationships and ensuring that our suppliers meet compliance and performance standards. A key part of the role involves leading the Risk and Control Self-Assessment (RCSA) process, which includes testing how well our risk controls are working within Procurement and other areas of the business. Communication is key, as you'll work with a range of stakeholders, respond to queries about third-party risk, and suggest practical solutions to improve how risks are managed. This is a great opportunity to join a supportive team, work flexibly, and make a real impact on how we manage supplier risks.
Responsibilities
* Lead the Risk and Control Self-Assessment (RCSA) process across Procurement and other areas of the business.
* Understand, track and report third-party risks; complete due diligence and assurance activities for third-party relationships.
* Ensure suppliers meet compliance and performance standards.
* Respond to queries about third-party risk and provide practical risk management solutions.
* Collaborate with stakeholders and cross-functional teams to strengthen risk controls and reporting.
* Produce accurate reports, maintain logs, and manage documentation related to Third Party Risk.
Qualifications
* Strong understanding of the regulatory environment informing Third Party Risk activity.
* Experience documenting risk and controls, assessing controls, logging events, and ongoing monitoring within an enterprise risk management framework.
* Experience assessing supplier compliance to Policy and recommending mitigating actions where necessary.
* Proven ability to work across specialist teams to leverage subject matter expertise in risk assessment and management.
* Proficient in MS Office (Outlook, Word, PowerPoint).
* Strong collaboration, interpersonal, written and verbal communication skills; ability to build relationships at all levels.
* Ability to work in a fast-paced environment with good organisational skills and ability to meet deadlines.
* Desirable: experience with Visio.
Benefits
* 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
* Annual discretionary bonus scheme
* Personal pension with matched contributions
* Life assurance (6 times annual salary)
About us
We are one of the largest building societies in the UK and share a mutual goal across our branches and offices to improve the lives of others. We are officially recognised as a 'Great Place to Work' and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing. At the beginning of the year, The Co-operative Bank officially became part of our Group. Together, we have shared values and an ethical approach towards our members, customers, and colleagues. We celebrate diversity and are serious about equality in relation to race, age, faith, disability, and sexual orientation. By working together, we know you'll build more than just a career with us.
Flexibility
We understand the need for flexibility, so wherever possible, we'll consider alternative working patterns. Have a chat with us before you apply to see what the possibilities are for this role.
Equality and inclusion
Proud to be a Disability Confident Committed Employer. We offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme.
Location
Coventry
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