Job Description
bout us
Join one of the UK’s fastest growing and award-winning banks.
We are a team of ambitious, passionate, hardworking, and committed people who have successfully created and launched one of the UK’s newest specialist property finance banks. As we embark on an exciting journey of growth, we are seeking exceptional new team members who possess both the ambition and drive to contribute to our vision. At GB Bank, we believe that career progression should not only be achievable but accelerated, enabling our employees to reach their potential in a supportive and dynamic atmosphere.
Our environment is fast-paced and collaborative, where your efforts are recognised, rewarded, and make a tangible impact. We take pride in fostering and open and inclusive culture that not only embraces change but also encourages continuous learning and professional development.
In this role, you will:
GB Bank is looking for a highly organised and detail-oriented Supplier Management Analyst to support the Head of Supplier Management and Supplier Owners across the Business Areas in the management & oversight of our suppliers and partner relationships to meet to our strategic goals and deliver great customer service.
The role holder will be responsible for coordinating comprehensive due diligence assessments for potential new suppliers, ensuring that all relevant criteria are met before engagement. You will also provide essential support throughout the supplier selection process, including contract negotiation and onboarding.
You will actively support supplier owners to monitor the performance of existing suppliers, in line with contractual obligations including Service Level Agreements (SLAs), Key Performance Indicators (KPIs and quality standards. This will involve diligently collating regular performance reports from suppliers, compiling key performance indicators (KPIs), and conducting analysis to identify areas for improvement.
Additionally, you will support the Head of Supplier Management to prepare regular, concise, and insightful management reports for the executive team, summarising overall supplier performance, compliance against regulatory requirements, and associated risks.
Key areas of responsibility:
* Work with the Risk & Compliance Team to ensure the bank is in full compliance with its regulatory obligations re Outsourcing & Third Parties, including SYSC8 and PRA outsourcing responsibilities.
* Work within the outsourcing framework from end-to-end: support the onboarding and ongoing management of suppliers.
* Work with supplier owners to ensure supplier reviews take place within the guidelines of the framework and provide guidance on best-practice.
* Consider Operational Resilience obligations in supplier interactions, including when considering performance and conformance with SLAs.
* Form, manage and facilitate strong relationships with our suppliers and internal stakeholders.
* Support the production of MI which will demonstrate compliance, performance and support in escalating material issues upwards.
* Review contracts and due diligence artifacts with a high degree of diligence for new and existing relationships.
* Create reporting to assist the Head of Supplier Management and Supplier Owners in the tracking of contract renewals.
* Work with the Finance Team to understand & analyse supplier spend and spend trends across the supply base, identify any opportunities to reduce costs and optimise spend. Reporting these findings up through monthly Exco reporting.
A bit about you – You are/have:
* Strong analytical skills, proficient in Excel, ideally with some experience of other reporting tools (e.g. Power BI, Tableau etc).
* Experience working in the Financial Services/Banking industry (preferred)
* Experience conducting due diligence on third parties and/or managing contracts, demonstrating a strong attention to detail.
* Ability to manage a large number of internal and external stakeholders, building strong relationships.
* Some awareness of relevant regulation would be advantageous (e.g. SYSC8, Operational Resilience).
* Experience of commercial management of suppliers, cost or budgeting would be an advantage, but not essential.
* Good organisational/project management capabilities
What we can offer you:
💰 8% company pension contribution and 3% individual contribution (which you can opt to increase)
🌴 30 days holiday every year - which includes your birthday off 🎂 + bank holidays on top
🏥 Top tier private medical cover with WPA - includes no excess + you can add family through salary sacrifice
🔒 Death in service at 4 x base salary with Aviva
🧠 Mental health support - through a helpline and counselling sessions
👶 Enhanced maternity, paternity and adoption leave
🎉 Various surprise and delight moments throughout the year to help build team connection
What else do I need to know?
* Location: London-based (Strong presence in London Office)
* Salary: £37,000 - £47,000 per annum (commensurate with experience)
* Hours: 35 Hours per week
How to Apply:
Please submit both your CV and cover letter to careers@thegbb.co.uk, linking your experience to our requirements in order to have your application considered.
We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates, regardless of their age, sex, race, disability, sexual orientation, gender reassignment, religion or belief, marital/civil partnership status, or pregnancy and maternity.
At GB Bank, we value privacy and data protection rights. We have longstanding data protection culture and promote robust ethical standards in data management. Please read our Privacy Notice in relation to our recruitment activities before submitting your application to work with us.