Manager, Internal & External Supplier Risk Specialist, CCOR

End Date

Salary Range

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Job Description Summary

Job Description

About this opportunity

We’re on an exciting journey and there couldn’t be a better time to join us. We’re putting in place a fresh operating model for non-financial risk management across the Group, empowering our people to take end-to-end accountability for managing the risks that they face!

This means we’re changing how we do risk management, creating a team of second line risk specialists, to provide support aligned to our first line risk owners and control owners to deliver great customer outcomes!

We’re looking for an Internal and External Supplier Risk manager. You'll support the team in developing a centre of excellence to drive robust supplier risk management. You’ll provide thought leadership, insight and oversight on how the Group undertakes and evidences regulatory compliance  with (e.g. to SYSC 8, OCIR and SS2/21 rules). You’ll engage in design and implementation of policies, risk appetite, and control objectives to enable the delivery of customer, regulatory and business strategic outcomes.

What you'll be doing

• Support the Head of Function in defining clear and realistic Supplier Risks, risk appetite statements, policies,  control objectives and metrics aligned to the Group’s risk management framework.

• As one of the Group’s Operational Risk specialists, build relationships with key internal partners,  peer organisations, regulators, and regulatory partners.

• Implement, embed and oversight the service Provision and External supplier policies and appetite, including tolerances and thresholds through the Bank..

• Oversight the design and operation of systems to empower Business Units to consistently identify risks and evaluate the robustness of controls.

• Oversight the Group’s Internal and External Supplier management capability to meet regulatory expectations (incl. Resilience, Outsourcing and OCiR)

• Provide SME input into risk reporting collateral up to Board level, ensuring the risk commentary is relevant, accurate,  and effective  in conveying the key messages, with a clear purpose.

• Contribute to the coordination of core Operational Risk processes, including scenario and loss analysis, and coordinate input into key regulatory submissions, consultation responses, and external disclosures (e.g. ICAAP, risk section in the annual report, pillar III, etc).

Why Lloyds Banking Group?

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What you’ll need

• Supplier: Understanding of best in class approaches to internal and external supplier risk management.

• Operational Risk: An extensive understanding of Operational Risk, with strong understanding of relevant regulation and regulatory expectation, and the ability to translate regulation into policy, and in a way that resonates with business partners.

• Policy: Experience of contributing to group-level policy and setting risk-appetite, with expertise in continuous monitoring and reporting on group exposure

• Analysis: Experience of performing risk oversight, incident root cause analysis and event read across, and using the outcome to strengthen LBG’s operational capability

• Strategy: Ability to deliver operational risk management strategy for complex Financial Services organisations and transform policies and frameworks to deliver this vision.

• Framework: Good depth of understanding of the latest internal and external supplier Risk frameworks and technology being used across financial and non-financial services to support development of the supplier risk centre of excellence.

• Regulation: Demonstrate good knowledge of relevant laws, regulation, industry standards and established industry leading practices in the Supplier Risk field and the ability to apply these across multiple jurisdictions

And any experience of these would be really useful

• Excellent communication skills and the ability to influence at all levels and via all mediums.

• Inclusive working style that ensures everyone can be themselves in a safe environment.

• Record of delivering results and an awareness of the importance of documentary evidence for key decisions.

• Experience of working in an agile environment.

• Evidence of demonstrating good and timely decision making that keeps the organisation moving forward and skilfully balances difficult trade-offs with the ability to understand business strategy and opportunity risks.

About working for us

Our focus is to ensure we’re inclusive every day, building an organisation 
that reflects modern society and celebrates diversity in all its forms. We’re  committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best. 

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. 

As an inclusive employer, we offer Workplace Adjustments for colleagues 
with a disability (which may include long-term health and neurodivergent 
conditions) where it is reasonable to do so. This could include flexibility 
with regards to office attendance, location, and working pattern. 

We are proud to be a Disability Confident Leader. If you have a disability, 
you can also apply via our Disability Confident Scheme (DCS). Through the 
DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria 
for the advertised job role.

We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you’d like an adjustment to the recruitment process just let us know

We also offer a wide-ranging benefits package which incudes

• A generous pension contribution of up to 15%

• An annual performance-related bonus

• Share schemes including free shares

• Benefits you can adapt to your lifestyle, such as discounted shopping

• 30 days’ holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.