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Procurement Vendor Governance Manager
Salary not available. View on company website.
Crown Agents Bank, City of Westminster
- Onsite working
- Full time
- Permanent
Posted 4 days ago, 21 Jul
Job ref: f55cc62fdcc843e58384c0b400a84330
Full Job Description
- Responsible for overseeing the strategic and operational aspects of managing third-party vendor relationships, ensuring all onboarding processes are compliant with regulatory requirements set forth by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).
- Ensure CAB 3rd party goods and services are sourced with the appropriate levels of control and transparency to continuously improve CAB's end to end supply chain relationships and overall performance.
- Ensuring control of CAB's vendor governance requirements including the management of Vendor related artifacts.
- Ensure all applicable laws, regulations and internal controls and procedures are met across CAB's 3rd party (including applicable 3rd party sub-contractors) supply chain.
- Provide Procurement expertise to CAB, incumbent and potential vendors on matters related to sourcing and vendor governance at CAB. Role Responsibilities:
- Maintaining and enhancing a proportionate, efficient and standardised approach to incumbent and new vendor engagement and due diligence in line with wider CAB policies.
- Responsible for supporting CAB stakeholders in adhering to Procurement policies, processes and understanding their vendor management responsibilities.
- Responsible for supporting the procurement of 3rd party goods and services in accordance with the Sustainable Procurement Policy, Outsourcing & Third Party Risk Management and other relevant CAB policies.
- Coordinate and accurately capture the requirements to guide internal stakeholders on the best route to market for 3rd party products and services.
- Provide support to the Procurement Vendor Relationship Manager or applicable Service Owners with a thorough handover, ensuring all vendor governance related criteria and artifacts are understood and ongoing vendor governance management is in place.
- Develop, deliver, and maintain Procurement's vendor governance systems, ways of working, materials, and training sessions to reflect changes in regulatory and CAB business requirements.
- Drive continuous improvement of Procurement governance policy and processes based on stakeholder feedback and business need.
- Responsible for managing the Source to Contract (S2C) process for each allocated requirement/ project.
- Monitor and manage vendor governance checks, document management and administration.
- Fulfil functional risk coordinator role.
- Identify and collaborate across teams to ensure all relevant personnel are informed.
Extensive experience in procurement vendor governance. Can demonstrate a track record of reducing risks and driving efficiency in a high growth environment. - Proven experience in a similar role within a PRA and FCA regulated financial services environment, ideally in banking, fintech, payments or FX
- Deep understanding of regulatory frameworks, risk management, and governance related to third-party vendors.
Company DescriptionCrown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.FX and cross-border payments are often complex and expensive, especially when operating in emerging markets. Crown Agents Bank (CAB) wraps its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-border transaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to
Contributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10% - Life Assurance - 4 times annual salary
- Group Income Protection
- Private Medical Insurance - this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
- Discretionary Bonus
- Competitive Annual Leave
- 2 Volunteering Days
- Benefit Hub
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www.jobs24.co.uk/job/procurement-vendor-governance-manager-125407936