Job Description:
Head of Procurement Supplier Assurance
Hybrid, Bupa Place, Angel Court
Permanent
Full time
Closing date: 22nd May 2025
We make health happen
At Bupa, our purpose is to help people live longer, healthier, happier lives and make a better world. As the Head of Procurement Supplier Assurance, you will play a crucial role in achieving this mission by ensuring our supplier assurance processes are efficient, effective, and aligned with regulatory requirements. This role is integral to our commitment to delivering high-quality healthcare services and maintaining our reputation as a trusted health insurer and provider.
Key Responsibilities
* Strategy Development:Define the purpose and strategy for Supplier Assurance, setting clear, measurable goals that align with business requirements and regulatory objectives.
* Compliance Management:Ensure both procurement compliance and third-party risk are effectively managed, monitored, and maintained in line with Bupa’s risk appetite in a regulated environment.
* Regulatory Adherence:Stay informed and keep up to date with regulatory changes and revisions relating to third-party risk management, including PRA, FCA, and CBI regulations.
* Risk Management:Develop and implement risk management policies and procedures, including segmentation and due diligence to identify, assess, and mitigate risks within procurement.
* Stakeholder Collaboration:Work closely with SMEs, including Finance, Legal, Infosec, and Privacy, to ensure a comprehensive approach to supplier risk management.
* Training and Support:Provide guidance and support to senior management on third-party supplier risk-related issues and regulatory compliance, and develop training to enhance risk awareness.
* Team Leadership:Lead, coach, and develop a small team of Supplier Assurance specialists, inspiring them to perform well and achieve department goals.
* Policy Ownership:Support the Chief Procurement Officer in the role of Enterprise Risk and Policy Owner for the Supplier Policy, ensuring continuous monitoring across all MUs.
* Audit and Assessment:Conduct thorough risk assessments and work collaboratively with the internal audit team to identify potential risks in the procurement process.
* Systemic Control:Responsible for the systemic control and management of Supplier Assurance.
What We’re Looking For
* Regulatory Knowledge:Knowledge of the regulatory framework and requirements of PRA, FCA, and CBI.
* Risk Management Expertise:Proven experience in procurement risk management, preferably within a large organisation.
* Policy Development:Ability to develop and implement risk management policies and procedures.
* Communication Skills:Excellent communication skills, able to present competently and influence senior leaders.
* Leadership:Ability to lead and develop a team, inspiring them to achieve department goals.
* Analytical Skills:Comprehensive analytical skills to identify, manage, monitor, and report risks at a senior level.
* Professional Certification:A professional certification in risk management and/or procurement is preferred.
* Education:Educated to degree level or equivalent.
Benefits
Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health – from mental and physical, to financial, social, and environmental wellbeing. We support flexible working and have a range of family-friendly benefits.
Joining Bupa in this role you will receive the following benefits and more:
* 25 days holiday, increasing through length of service, with option to buy or sell
* Bupa medical insurance for you and your family as a benefit in kind
* An enhanced pension plan and life insurance
* Free health assessment for you and your spouse
* Target bonus of 25% based on individual and company performance
* Company car allowance
* Onsite gyms or local discounts where no onsite gym available
* Various other benefits and online discounts
Why Bupa
We’re a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose – helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring, and responsible in everything we do.
We encourage all of our people to “Be you at Bupa”, we champion diversity, and we understand the importance of our people representing the communities and customers we serve. That’s why we especially encourage applications from people with diverse backgrounds and experiences.
Bupa is a Level 2 Disability Confident Employer. This means we aim to offer an interview/assessment to every disabled applicant who meets the minimum criteria for the role. We’ll make sure you are treated fairly and offer reasonable adjustments as part of our recruitment process to anyone that needs them.
If you require information regarding this role in an alternative format, please email:careers@bupa.com
Time Type:
Full time
Job Area:
Locations:
Angel Court, London, Bupa Place #J-18808-Ljbffr