Shawbrook is a specialist UK lending and savings bank founded in 2011 to serve the needs of SMEs and individuals in the UK with a range of lending and savings products.
We differentiate ourselves by concentrating on markets where our specialist knowledge and personalised approach to underwriting offer us a competitive advantage. This supports attractive stable returns and sustainable growth and benefits businesses and consumers in parts of the market which continue to be poorly served by traditional high street banks. Fundamental to our success is a relationship focus which puts the interests of our customers and business partners at the heart of everything we do, built on a culture which stresses the use of our experience and judgement to make decisions that balance risk, return and customer need.
The Supplier Risk Officer is a newly created role in Shawbrook’s Procurement team. The Supplier Risk Officer will work with the Head of Procurement & Estate, the Supplier Risk Manager and central functions across the Bank to ensure supplier risks are adequately identified and managed.
Strategy / Planning / Organisation
You will need to assist the Supplier Risk Manager in the delivery of the supplier onboarding strategy and understand how the supplier supports the business process, evaluate the inherent risk exposure and coordinate the necessary due diligence to mitigate the bank against those risks.
You will need to deliver effective supplier risk and assurance solutions that balance long term strategies and short-term requirements in a fast-paced environment
You will need to support the Supplier Risk Manager in the identification of evolving supplier risk priorities and support stakeholders on time sensitive reviews to ensure that due diligence is up to date and executed properly. This will include adhoc due diligence requirements at short notice.
You will have an understanding of key regulations that impact third party relationships including EBA finalised guidelines and SYSC8.
You will report all issues of regulatory concern to the Supplier Risk Manager, Chief Risk Officer, Compliance and Legal Departments
Customer (internal & external)
You will engage with all areas of the business who have relationships with suppliers. You will share best practices and provide pragmatic solutions and recommendations to support the business with onboarding new suppliers and the cyclical due diligence requirements of existing suppliers.
You will work closely with the Procurement team where supplier risk supports supplier performance management and procurement aspects of the process.
You will work closely with the DPO, CISO, Head of Cyber and 2nd line functions, providing support for the supplier assurance approval process.
Risk Management / Controls and Compliance
You will support the central tracking and reporting of supplier risk gaps and sharing best practice
You will coordinate quarterly risk reviews of critical suppliers
You will communicate and escalate potential issues/risks in a prompt and effective manner
You will support the Supplier Risk Manager to enhance the supplier risk, assurance and reporting services to the bank
Ideally educated to degree level (or equivalent), although not essential
Supplier risk and assurance experience gained within a financial service organisation
Computer literate (good knowledge of MS Office suite - Excel, Word, Power-Point)
Proven knowledge of Conduct Rules
Glasgow, Scotland, Glasgow City, G4, United Kingdom