Supplier Assurance Business Partner (Third Party Risk Management)

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Overview

Supplier Assurance Business Partner (Third Party Risk Management) – Sussex / Manchester (Remote may be considered, flexible working options).

Supplier Assurance Business Partner is required to join an Insurance Broker on a permanent basis. This role supports third party risk management and supplier assurance for business stakeholders across the organisation.

Key Duties

  • Be the lead and main point of contact in the Supplier Assurance team and be a trusted advisor in relation to third party risk management for business stakeholders across the organisation.
  • Work alongside the Supplier Assurance Manager with embedding and rolling out Group wide supplier management procedures and frameworks within the business.
  • Maintain a maturity map of supplier management and work with relationship managers for a compliance framework across the business.
  • Establish a training and e-learning suite of third party risk management activities to coincide with existing supplier management procedures and frameworks.
  • Lead on the Supplier Management Forum, including maintaining the Terms of Reference, developing agendas and presenting in the Forum as required.
  • Assist the Supplier Assurance Manager in developing tools to monitor compliance to the Group-wide supplier management procedures and framework, and lead in undertaking the monitoring of relevant colleagues’ compliance.
  • Support the development of new tools, templates and guidance which will form the Group-wide supplier management procedures and framework.
  • Oversee the monitoring of the TPRM maturity and capability of colleagues undertaking supplier management activities across the organisation.
  • Assist the Supplier Assurance Manager in the management and closure of all Risks and Controls assigned.
  • Act as liaison between the Supplier Assurance Team and the Procurement Team within P&SM to ensure Procurement colleagues are aware of the TPRM agenda, processes and developments.
  • QA the data outputs of the Supplier Assurance Team alongside the Supplier Assurance Manager.
  • Ensure any supplier Technical Audit activity is undertaken in line with the Group-wide supplier management framework and proportionate to the Segmentation outcome.
  • Monitor OsCo supplier Return to Green (RTG) Plans to ensure Relationship Managers are progressing them appropriately.

Key attributes

  • Strong Stakeholder management skills and relationship building
  • In-depth understanding of Third Party Risk Management
  • Experience in Quality Assurance and process improvement
  • Experience with Supplier Risk and Regulatory understanding working with supply chain risk in a regulatory landscape. Candidates with experience in FS/Insurance would be a bonus
  • Candidates with experience in Third Party Risk Management Systems would be advantageous
  • Experience in auditing and managing compliance processes
  • Good working knowledge of supply chain risk and controls
  • Understanding of Regulatory Rules regarding outsourcing

Benefits

Pension contribution: up to 10%

Bonus: Average 10%

Plus much more!

Seniority level

  • Mid-Senior level

Employment type

  • Full-time

Job function

  • Quality Assurance

Industries

  • Insurance, Insurance Agencies and Brokerages, and Insurance Carriers
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Location:
England, United Kingdom
Salary:
£100,000 - £125,000
Job Type:
FullTime
Category:
Management & Operations