Job Application

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 third-party relationships, including due diligence, contract reviews and ongoing monitoring through to exit

Enhancing existing third-party segmentation to ensure appropriate contractual clauses and treatments are applied according to third-party risk profiles

Conducting contract reviews to understand clause, schedule and policy gaps in line with the TPRM framework and third-party 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 life cycle. 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

We are a signatory to the Government's Disability Confident scheme. This means that we will offer an interview to disabled candidates entering under the scheme, should they meet the minimum criteria for a role.

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

Multi-location

As part of the FCA's on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.

Our Recruitment Delivery Team are committed to offering an inclusive recruitment experience to all candidates. If you require any accommodations or adjustments as a result of disability, impairment, or health condition, please do not hesitate to let me know by emailing.