What We’re All About at Kroo

Kroo has a big vision. To be the first bank that is both trusted and loved by its customers.

We’re helping people take control of their financial future and achieve their goals, whilst making a positive impact on the planet.

Here at Kroo, doing what is right is in our DNA. We act with integrity, transparency and honesty. We think big, dream big, and relentlessly pursue our goals. We like to be bold, break new ground, and we never stop learning. But most importantly, we are on this journey together.

How you will contribute:

As the Supplier Risk Manager, you will be responsible for managing the onboarding and oversight for all suppliers that support the Bank's functions. Working closely with the Relationship Owners (RO's) you will identify, assess, and mitigate risks associated with the suppliers. The primary goal is to ensure that the Bank's supply chain is stable, reliable, and resilient, minimising potential disruptions and adverse impacts on business operations. Other responsibilities include:

• Take a lead role in the procurement process by providing advice and guidance on due diligence requirements - creating a simplified approach for onboarding and ongoing supplier management.
• Work with the RO's Evaluate the risks associated with each supplier, considering factors such as financial health, regulatory compliance, data security, reputation, and operational resiliency.
• Due diligence checks. Conduct thorough background checks on potential suppliers to ensure they meet the bank's standard and adhere to legal and regulatory requirements.
• Business Continuity Planning. Develop contingency plans to address potential supplier disruptions and ensure that the bank can continue its critical functions even in the face of supplier-related emergencies.
• Work with colleagues in our Legal team to include risk mitigation clauses in supplier contracts, outlining responsibilities and potential consequences for non-compliance.
• Establish metrics and KPIs to regularly assess the performance of suppliers identifying areas for improvement and addressing any emerging risks.
• Collaborate with the Bank's cybersecurity team to assess the cybersecurity measures of suppliers who have access to the bank's sensitive data or systems.
• Promote supplier management awareness across the Bank to ensure a rigorous governance model is adhered to for key / critical suppliers.

The Kroo is growing and we’d love to hear from you if you’re interested in joining us on our journey!

About You

While not essential, the following experience and qualifications are highly desirable in our ideal candidate for this position:

• Experience in a similar role within a fintech or financial services environment
• A solid understanding of banking operations and regulatory requirements. Knowledge of financial regulations, data privacy laws, anti-money laundering (AML) policies, and other relevant compliance guidelines is essential to ensure supplier compliance.
• Strong knowledge of risk management principles, methodologies, and best practices is vital.
• The ability to assess, analyse, and mitigate risks associated with suppliers is a key aspect of the role.
• Experience in conducting due diligence on suppliers and vendors to evaluate their financial stability, regulatory compliance, and risk exposure is highly valued.
• The ability to analyse complex data, identify potential risks, and develop effective risk mitigation strategies is crucial for success in this role.
• Excellent communication and interpersonal skills are essential for working with various departments, vendors, and regulatory authorities.
• Supplier Risk Manager will need to collaborate with different stakeholders to ensure risk management efforts are cohesive and effective.
• Ideally experience or understanding of EBA Guidelines and SS21 Outsourcing
• Knowledge of OneTrust as the Bank's main GRC platform

About Our Process:

We can be flexible with the structure of our interview process if someone's circumstances or timescales require it but our general structure is:

• 30-minute meet and greet with our talent acquisition specialist via google hangouts.
• 1-hour technical interview with the hiring manager via google hangouts.
• 30-minute culture champion interview via google hangouts.

Please let us know if you have any specific requirements or need assistance so we can be as accommodating as possible for you.

At our cutting-edge fintech company, we know that attracting and retaining the best talent means offering top-notch benefits that help our employees thrive both in and outside of work. Check out what we currently offer:

• Generous holiday time: 25 days annual leave, 8 bank holidays, 1 Kroo bank holiday (June 24th), and 1 day off during the week of your birthday.
• Personal days: We know that life can be unpredictable, so we offer 3 personal days to use as needed.
• Employer-sponsored volunteer program: We're passionate about giving back to our community, and we support our employees in doing the same with up to 4 hours per month of employer-sponsored volunteer time.
• Mental health support: We care about the mental health of our team members and offer access to Spill, our mental health support partner.
• Workplace pension: We want you to feel secure about your future, so we offer a workplace pension with a 5% employee contribution and a 3% employer top-up.
• Learning and development: After 1 year of service, you'll have access to £500 from the Kroo Learning Fund to invest in your career development.
• Top-notch equipment: We provide top-of-the-line equipment necessary for smooth hybrid work, including a MacBook laptop. Additionally, we also offer support in establishing your home office by contributing towards your setup if required.
• Modern office: When you're in the office, you'll enjoy access to our modern, bustling workspace in London.
• Cycle to Work scheme: We encourage sustainable transportation with our Cycle to Work scheme.
• Electric Car scheme: We're committed to reducing our carbon footprint, and our Electric Car scheme makes it easy for our employees to do the same.
• Enhanced parental leave: We know that family comes first, and we offer an enhanced parental leave policy to support our employees in starting and growing their families.
• Room for growth: As a fast-paced, high-growth start-up, we're dedicated to providing our employees with room to grow and excel.
• You get full healthcare for you and your nuclear family via Vitality.

Hybrid Working:

At Kroo Bank, we embrace a hybrid policy that grants individuals and teams a considerable level of autonomy regarding office usage, maximising productivity. Our office in London is a splendid space that serves as a valuable and potent resource when utilised appropriately. Therefore, candidates who are able to occasionally commute to the office align best with our current work practices. Please bear in mind that this position entails working 9am - 5:30pm Monday to Friday.

Diversity and Inclusion:

We wholeheartedly uphold our commitment to fostering a diverse and inclusive workplace. Every employee is highly regarded, respected, and supported without any form of judgement or prejudice. We consider Diversity, Equality, and Inclusion as fundamental pillars guiding our path in all aspects of our bank. We also ensure that reasonable adjustments are made available to all candidates throughout the recruitment process.

To all Recruitment Agencies:

At Kroo Bank, agency resumes are strictly prohibited. Do not submit agency resumes or forward them to our job advertisements or Kroo Bank employees. Be aware that Kroo Bank will not assume any responsibility for fees incurred due to unsolicited resumes.

To ensure a fair and efficient application process, all candidates are kindly requested to submit their applications directly through the advertised platform. We kindly ask that you refrain from reaching out to the company or its employees via email, LinkedIn, or any other communication channels for inquiries or updates. Please note that any attempts to contact us through these channels will not receive a response. Thank you for your understanding and cooperation.