Overview
OSB Group seeks a Head of Procurement and Third‑Party Risk Management to provide strategic leadership across procurement and TPRM, ensuring our frameworks are robust, compliant, and future‑ready. This role reports directly to the Group Chief Operating Officer, leads a geographically distributed team, and oversees the full third‑party lifecycle from sourcing and onboarding to monitoring and exit.
Responsibilities
* Set, own and continually enhance the Group’s Procurement and Third‑Party Risk Management strategy, policies, standards, operating model and governance framework across all functions and geographies.
* Provide strategic leadership across the end‑to‑end supplier lifecycle, including onboarding, due diligence, ongoing monitoring, issue management, and off‑boarding.
* Lead major sourcing initiatives, high‑value RFPs and category management, delivering strong commercial outcomes and spend optimisation.
* Develop and maintain robust third‑party risk frameworks, including inherent risk classification, supplier scoring models, and oversight of the Outsourcing and Critical Third‑Party Register.
* Partner closely with Legal, Risk and Relationship Owners on contract reviews, renegotiations, regulatory compliance and risk mitigation.
* Support transformation and change programmes, including digital and technology‑driven operating model improvements, continuous improvement, process optimisation, and technology adoption.
* Foster a supportive culture that enables people to perform at their best, leading with curiosity, coaching colleagues to grow, and demonstrating OSB’s leadership.
Qualifications
* Proven experience developing and embedding Procurement and TPRM / IntraGroup frameworks, including policy development, risk management and process optimisation within financial services or a similarly regulated environment.
* Transformation ownership across Procurement and TPRM, including tooling replacement/consolidation and Board‑level reporting.
* Experience operating with delegated executive authority, representing functions at senior governance forums and managing complex stakeholder relationships across all levels.
* Strong understanding of UK regulatory requirements for Outsourcing and Third‑Party Risk Management, alongside solid knowledge of Procurement and Operational Risk Management frameworks.
* Demonstrable commercial acumen, including cost modelling, supplier negotiations, contract reviews and end‑to‑end management of RFQ/RFP processes.
* Proven ability to align functional strategy to wider business objectives, manage multiple priorities in a fast‑paced environment, and lead teams remotely.
* Excellent communication, analytical and presentation skills, with a structured approach and strong attention to detail.
Benefits
* Base salary c£150,000 dependent on experience and location.
* Enhanced family‑focused allowance.
* Annual bonus opportunity up to 40 %.
* 30 days annual leave plus bank holidays.
EEO Statement
We champion diversity at all levels, and are dedicated to treating all employees and job applicants equally, in line with applicable non‑discrimination laws and the Women in Finance Charter.
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