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
- Location:
- England, United Kingdom
- Salary:
- £100,000 - £125,000
- Job Type:
- FullTime
- Category:
- Management & Operations