Contract & Risk Framework Lead - London, United Kingdom - Financial Conduct Authority

Financial Conduct Authority

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Contract & Risk Framework Lead (12 Month FTC)

Salary:
National ranging from £48,000 - £71, 200 and London from £52,000 - £78,100

Are you looking to take on a newly created role where you are able to implement Third-Party Risk Management Framework and working practises across the FCA?_

The team/department

The role sits within the Supplier Management team which is responsible for the ongoing management and continuous improvement of both the Supplier Management and Contract Management Strategies, Frameworks and working practices across the organisation.

The team is part of the Procurement Department which is accountable for the selection and management of third-party suppliers to enable the delivery of value for money for the FCA, whilst ensuring compliance with procurement legislation.

Procurement sits within the Finance Directorate.

What you will be doing (the role)

The Contract & Risk Framework Lead will work closely with the Third-Party Risk Management (TPRM) team to implement the Third-Party Risk Management Framework and working practices across the organisation.

What you will be doing:

Supporting Subject Matter Experts (SMEs) to conduct risk assessments of thirdparty relationships, including due diligence, contract reviews and ongoing monitoring through to exit
Enhancing existing thirdparty segmentation to ensure appropriate contractual clauses and treatments are applied according to thirdparty risk profiles
Conducting contract reviews to understand clause, schedule and policy gaps in line with the TPRM framework and thirdparty risk profiles, including retrospective reviews of contractual exit strategy planning for consistency and quality
Leading and supporting local contract managers in the development of strategies to address areas for improvement and mitigation, preparing comprehensive reports and presentations to communicate key findings and recommendations to senior management
Collaborating with the Contract Management Framework Lead to promote and ensure adherence to Contract Management Framework
Engaging with a broad spectrum of internal stakeholders, to promote awareness of contract and risk frameworks and provide guidance and support on risk management and contract management strategies.

What you will get from the role- The opportunity to work for an organisation that serves the public and whose decisions directly affect the wellbeing of people, businesses and the UK economy - our strategic aim is to ensure that regulated markets function well and our operational goals are to protect consumers, protect financial markets and promote competition- Join a team that leads on the implementation and embedding of TPRM in an organisation where senior stakeholders recognise the value such a programme can deliver- A real opportunity to work with and influence senior stakeholders across the FCA, with a mandate to play an increasing role in ensuring the FCA can deliver and demonstrate value for money from its supplier engagements- Ability to understand and shape the workings of the financial sector at a time of considerable change- Enjoy a unique aerial view of the financial services industry, with the opportunity to do meaningful work that makes a real difference

Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle.

You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.

Core benefits that you will receive as standard are:

25 days holiday per year plus bank holidays
Private healthcare with Bupa
A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age
up to 12% a month once you reach age 35)
Life assurance of eight times your basic salary
Income protection

We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.

The skills and experience you will have

Minimum- Subject matter expertise and experience in contract management - managing contract and supplier risks- Experience of building constructive relationships with key internal business stakeholders and suppliers at all levels

Essential- Stakeholder management skills at all levels, with the ability to disseminate information internally within the FCA and externally with suppliers- Experience of managing contracts with an understanding of the wider risk landscape- Risk-driven thinking and strong risk/control awareness- Strong interpersonal, influencing and problem solving skills

About the FCA

The FCA regulates the conduct of nearly 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive.

We do this to make sure markets work well for individuals, businesses and the economy as a whole. For