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Supplier Risk Governance Analyst

Dublin

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We know that sometimes people can be put off applying for a job if they think they can't tick every box, but if you are excited about this opportunity and think you can do most of what we are looking for, then go ahead and apply. You could be exactly what we need!

Ways of Working

At Bank of Ireland we are changing.  We are committed to enabling our colleagues to thrive and offer agile ways of working to maximise choice and flexibility in how we work and live. Varying degrees of optionality apply depending on the role.  For more detailed information on this role, please contact us, or let us know your preferred working arrangements when you apply.

Inclusion & Diversity

At the heart of our purpose is our commitment to Inclusion & Diversity: To foster an inclusive working environment where all colleagues are enabled to reach their full potential. We are working to develop a more inclusive and diverse environment, supported by the development of our Employee Support Networks.

Supplier Risk Governance Analyst

Dublin, Republic of Ireland | Permanent | Full time

Supplier Risk Governance Analyst

  • Dublin, Republic of Ireland
  • Full time
  • Closing on: Jul 7 2022

Bank of Ireland is delighted to be recruiting a Supplier Risk Governance Analyst to join our Procurement Services function.

Bank of Ireland Group is an equal opportunities employer and is committed to encouraging an inclusive environment which values and benefits from the diversity of our workforce.

About Us

The Supplier Risk Governance Analysts sits with Procurement Services, Supplier Risk & Transformation function which is responsible for the daily oversight and continuous improvement of the end-to-end Source-to-Pay process.

Our function monitors systems and processes for the wider Procurement teams to ensure all spend is sourced, risk assessed and managed in a controlled and documented environment in line with industry standard methodologies.

With over €1bn in spend YoY, the Procurement Services, Supplier Risk & Transformation function will ensure key tollgates are positioned across the process, supported by technology, to identify and negotiate opportunities, target and mitigate risk while pushing spend through an efficient and controlled pipeline to payment.

Our team also define and deploy a governance framework for leading 3rd party relationships throughout the bank to identify and mitigate against both organisational and performance-based risk to protect the bank when engaging 3rd parties for goods and services.

We facilitate the effective purchase of goods and services across the Bank. We do so with the aim of enhancing value from our total spend whilst protecting against supplier risk.

Purpose of the Role

The purpose of the role is to provide appropriate oversight and assurance that supplier due diligence, assessments and reporting is completed by the Bank's outsourced provider in adherence to the required schedule and Bank standards.

Accountability for supplier due diligence and governance remains with the Bank.

Key Accountabilities

  • Work with Outsource Service Provider and Bank Retained Team to maintain and improve the standard of supplier risk management and supplier due diligence
  • Complete comprehensive supplier due diligence reviews in adherence to Group Procurement and Group Policy requirements for suppliers that fall outside the remit of the Bank outsource partner and special projects as required
  • Provide risk, compliance and governance related data analytics and associated management reporting in particular tracking that the required cadence of supplier due diligence reviews and assessments is being met
  • Deliver ongoing tracking and reporting of open issues to ensure all are updated in a timely manner and do not go overdue
  • Support assurance reviews and audits relating to supplier due diligence
  • Respond to requests for information/evidence on key suppliers.
  • Respond to supplier due diligence contract queries and guidance requests
  • Support other relevant Risk, controls and Analytics activity that the role may require

About You

You possess an analytical, logical and interpretive ability to interpret scenarios, express concepts and maintain consistency with a high standard of numerical and verbal literacy and consistency.

The ideal candidate will also have the ability to:

  • Influence others using logical analysis and persuasive discussion
  • Explain the complex simply, to maximise understanding in others
  • Manage complexity and a high volume of data with attention to detail
  • Re-prioritise and re-focus at short notice where required
  • Work as part of a team to achieve team objectives
  • Meet deadlines and apply common sense and judgement - able to use their experience to rapidly assess situations and make decisions and act at pace

Essential Qualifications

Relevant academic qualifications and/ or business experience particularly in procurement or relationship management.

Critical Skills / Experience:

    • Knowledge of Financial Services Qualifications System (FSQS) and how FSQS underpins supplier due diligence.
    • Experience of Third-Party Risk Management, supplier relationship management and knowledge of Outsourcing Regulatory requirements
    • Good knowledge of Supplier Risk Frameworks
    • Knowledge of risk and control reporting processes
    • Knowledge of out-sourcing contracts and willingness to work with external suppliers
    • Knowledge of end-to-end procurement and supplier management processes
    • Proficient in Microsoft Office

Desirable Qualifications / Skills

  • University degree in Business, Finance or related field
  • A professional qualification in Procurement e.g., CPSM, CIPs, IIPMM
  • Experience of Banking, Financial Services or other regulated

Location

Working at Bank of Ireland doesn't have to mean working in an office to have an impact. Our commitment to enabling colleagues to thrive means that depending on role type, you can have choice and flexibility in where you work and live. We have a hybrid working model, with home, agile hub and office based options available. We will always list a primary location which can be where you go for in person collaboration, and we will agree with you where you can best perform your role.

Please note you must live in the jurisdiction for the business to which you are contracted.

This job can be done anywhere in Republic of Ireland with the primary office location as Dublin to which travel will be required for in person collaboration. Exact frequency to be agreed with manager.

Key Competencies

  • Manage Risk - Self
  • One Group, one team - Self
  • Accountable - Self
  • Agile - Self
  • Customer Focused - Self

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce.

Apply now

Our application form takes just minutes to complete. If you have any questions about our application, you can contact our recruitment team directly.

 

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