Supplier Management Risk Analyst

  • Department: Finance Leadership
  • Location: Edinburgh
  • Published: 02/09/2021
  • Apply by: 16/09/2021

You’ll bring the ambition, we’ll provide the opportunities

Tesco has built its success – and its reputation – on a tradition of excellent service and dedication to the customer, but Tesco Bank is about more than bringing these values to a new market. It’s about bringing a new approach to personal finances and retail banking. As we look to build upon existing talent within our senior and specialist roles, we’re creating a backbone of excellence – offering the highest-calibre of professional a chance for wide-ranging and long-lasting impact in a business that’s breathing new life into the industry.

Job Summary:

Manage key suppliers in compliance with the Procurement & Supplier Management Framework whilst also helping to maintain the risk & control environment within Finance & Treasury.

In the role you are accountable for:

  • Identify and manage internal and external stakeholders associated with the service; performance, risk and value.
  • Identifying and understanding the services being provided by the supplier and their sub-contractors, including those specialist services owned and/or monitored by other Business Areas.
  • Managing and reporting on performance, service and risk exposures, via the Supplier Performance and Risk Profile, including the performance and specific service risk exposures owned and/or monitored by other Business Areas.
  • Liaising with the FC Risk Manager to govern the relationship with suppliers in identifying and escalating performance and/or risk issues/concerns in a timely manner.
  • Work with key stakeholders (inc Procurement & Legal) to review, maintain and re-negotiate the necessary contracts.
  • Help maintain F&T compliance with RCSA Minimum Standards requirements by producing and sharing risk reporting, communicating and changes to RCSA process and providing support to F&T Risk Champions.
  • Support Operational Risk manager by producing packs for different forums (FLT Meeting, F&T Forum Meeting).

Experience required for the role:

  • Experience of managing 3rd parties in a regulated or controlled environment.
  • Managing senior stakeholders.
  • Working knowledge of supplier contracts.
  • Knowledge of FCA/PRA regulations relating to outsourcing and supplier activities.
  • Basic Risk Management knowledge.

We are proud to have an inclusive culture at Tesco Bank where everyone truly feels able to be themselves. At Tesco Bank, we not only celebrate diversity, but recognise the value and opportunity it brings to enable us to help our shoppers manage their money a little better every day. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities.

We also know the importance of balancing work with life's other commitments. Please talk to us at interview about the flexibility you need, and we'll explore what's possible.

Wherever your talent lies, you’ll find challenge and reward in equal measure. We’re here to go the extra mile for our customers – and we’ll do the same for you. It’s simple. As long as you have the ambition, we’ll provide the opportunity for success.

Supplier Management Risk Analyst


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