Social network you want to login/join with:
Working Hours: Monday - Friday 09:00 - 17:30
Salary: Competitive plus 25 days holiday and a fantastic range of benefits which can be found HERE
About Us
At Kensington Mortgages, we've been leading the way in providing specialist mortgage solutions for over 25 years.
We're dedicated to offering people a chance to secure a mortgage, especially when high street lenders say no. Our approach is all about understanding the unique circumstances of our customers - It is what we call the `Kensington Difference.'
As a wholly owned subsidiary of Barclays Bank UK PLC, we are proud to operate with the highest standards of service and integrity, fully authorized by the Financial Conduct Authority.
Overall Purpose of Job
Are you passionate about ensuring business compliance and driving value from third-party relationships?
We are seeking a dedicated Third Party Risk Management and Supplier Manager to join our dynamic team. In this role, you will play a pivotal part in enhancing our TPRM framework and building organizational capability to foster compliance and effective third-party management.
Key Accountabilities
1. Support the P&P strategic vision and development plan.
2. Stay abreast of external market trends related to TPRM, identifying innovative practices and opportunities for improvement.
3. Support the drive to establish a company-wide cultural awareness of the value derived from partnering with the P&P function.
4. Manage challenges from the BRM community regarding TPRM assurance outcomes and interpretations of best practice.
5. Support the development of the procurement function and organizational capability by enhancing the skills of the BRM group and budget holders to improve TPRM.
6. Contribute to establishing ongoing operational plans to develop and strengthen the function.
7. Provide support to the Senior Sourcing and Supplier Manager(s) on key projects as required.
8. Assist the business with lower-value sourcing activities to ensure compliance with third-party risk management frameworks.
9. Build the capability of the BRM community to manage risk and extract enhanced third-party performance and value for money.
10. Ensure material outsource and strategic suppliers have compliant third-party risk management through proactive engagement with BRMs.
11. Ensure understanding and due diligence for all sub-outsourcing within the third-party base.
12. Apply TPRM best practices to optimize contracts, improve outcomes, and advise on opportunities for better service levels or cost reductions.
13. Deliver clinics and communications to BRMs to improve TPRM framework compliance.
14. Support BRMs in executing TPRM and act as the primary contact with the P&P team for TPRM queries.
15. Develop and maintain a comprehensive third-party risk management framework covering all lifecycle phases.
16. Create and update tools and templates to facilitate TPRM activities.
17. Review TPRM assurance reports, identify gaps, and plan remediation activities to achieve compliance.
18. Perform quality assurance on TPRM activities and records to ensure high standards.
19. Prepare TPRM assurance content for cost optimization meetings to drive improvements.
20. Manage procurement activities related to sourcing reports and ensure TPRM records are current.
Experience, Knowledge, Skills
* Experience in third-party risk management within Financial Services
* Supporting sourcing activities
* Knowledge of contractual and commercial terms
* Ability to operate in a fast-paced environment
* Best practices in third-party risk management, preferably in Financial Services
* Experience in policy and process development
* Understanding of financial services regulation
* Strong communication, presentation, and influencing skills, including to senior management
* Excellent stakeholder management and relationship-building skills
Qualifications
* Degree preferred
Why Join Us
At KMC, our employees are central to our success. We promote professional development and work-life balance.
Our inclusive culture values diversity and ensures everyone feels respected and valued.
We are an equal opportunity employer embracing gender, race, identity, ethnicity, and sexual orientation differences.
#J-18808-Ljbffr