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Supplier Risk Manager

Job details
Posting date: 11 March 2026
Salary: £67,023 to £74,470 per year
Hours: Full time
Closing date: 25 March 2026
Location: Newport, Newport, NP10 8SB
Remote working: Hybrid - work remotely up to 3 days per week
Company: Lloyds Banking Group
Job type: Permanent
Job reference: 148993_1773231117

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Summary

JOB TITLE: Supplier Risk Manager

SALARY: £67,023 - £74,470

LOCATION(S): Edinburgh, Leeds, Halifax, Birmingham, Bristol, Cardiff

HOURS: Full time

WORKING PATTERN: Our work style is hybrid, which involves spending two days per week, or 40% of our time at one of our Risk Hubs.

About this opportunity

We're on an exciting journey and there couldn't be a better time to join us. We have 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.

We're looking for an experienced manager for this role to support the development, implementation and delivery of robust Business Unit supplier risk oversight, helping Business Units to implement the expectations of the Group's internal supplier risk (service provision) policy and external supplier risk policy and control objectives, aligned with the Group's Enterprise Risk Management Framework (ERMF).

You'll be experienced in internal and external supplier risk, with insight, knowledge and capability on how Business Units align to relevant regulations and manage supplier risk effectively. You'll engage in the design and implementation of supplier oversight objectives, identifying risks, challenging and advising the business to mitigate control risks in line with risk appetite.

What you'll be doing:

  • Develop pragmatic relationships with internal customers and act as a trusted advisor for supplier risk.

  • Give to the development and delivery of a risk and control oversight plan to assess compliance to relevant laws, regulations, industry standards and/or established controls.

  • Support the oversight of the Operational Continuity in Resolution and FMI impediments, as part of the overall second line of defence oversight approach for Resolution.

  • Support the delivery of pragmatic risk opinions on notable topics or emerging themes, including collateral up to Board level.

  • Act as one of our Operational Risk specialists, representing the organisation and building strong relationships with external partners, regulators and other governing bodies.

What we're looking for:

  • Strong understanding of Internal Supplier Risk with specific knowledge of relevant regulation (e.g. OCIR, Ring Fencing, SS2/21).

  • An understanding of best-in-class approaches to internal and external supplier risk and recognised as a subject matter expert on this topic,

  • Demonstrate confidence to provide credible advice and oversight to senior leaders within business teams, including distilling information into powerful messaging in written and verbal contexts to all levels.

  • Able to develop and deliver a risk and control oversight plan to assess compliance to relevant laws, regulations, industry standards and/or established controls.

  • Evidence of the ability to understand and assimilate different sources of data and complex information to support with effective problem solving that leads to relevant conclusions and recommendations.

And any of these would be great:

  • Good understanding of external Supplier Risk with specific knowledge of relevant regulation (e.g. SS2/21, DORA).

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

  • A sound understanding or relevant experience of using AI in a supplier risk environment to undertake predictive risk analytics

  • 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.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

This is a place for you

We want to ensure all our candidates have the opportunity to shine. Please let us know if there is anything we can do to make the sure the assessment process works for you.

We also offer a wide-ranging benefits package, which includes:

  • 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

Ready for a career where you'll learn and thrive? Apply today and find out more.

Proud member of the Disability Confident employer scheme

Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident.

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