About Our Client
The Bank of England is the UK's central bank. Their mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability. The Bank exists to ensure monetary stability and to contribute to financial stability. PPSD ensure that the infrastructures required to support the Bank's critical functions are maintained and enhanced.
Central Procurement are part of Shared Services, which focuses on operational delivery, and includes colleagues from Human Resources, Finance, Technology, Property, Procurement and Security. The Bank exists to ensure monetary stability and to contribute to financial stability; the Shared Services Directorate provides the infrastructure and services required to support the Bank's critical functions.
Job Description
The Procurement Risk Manager is a newly-created role working as part of the Supplier Management (SM) team, responsible for delivering the supplier risk management framework in line with commercial policies and providing challenge to the people performing contract/supplier management in the business areas. The Bank of England is seeking an engaging individual adept at managing multiple stakeholders up to C-Suite level. Their objective is to drive consistency, repeatability, and to support continuous improvement of SM practice.
You will be responsible for supporting the Bank's supplier management community and Business Partnering teams in implementing best practice supplier management, with a focus on Third Party Risk. You will also be liaising on a regular basis with other functional teams and key stakeholders, to ensure that (a) the SM framework is aligned to the Bank's operational and strategic objectives, and (b) key principles are reflected in their activities and behaviours. The role reports to the Supplier Management Lead.
You will be responsible for:
The Successful Applicant
The successful candidate will need to demonstrate the following capability:
Behavioural capabilities:
What's on Offer
This specific role offers a base salary of circa £45,900 - £56,160 per annum (depending on skills and experience) on a full-time basis. An 8% benefits allowance with the option to take this on top of your salary is also included. We encourage flexible working.
In addition, they also offer a comprehensive benefits package as detailed below: