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Supplier Due Diligence Manager

Bank of Ireland
€54,734 - €69,306 a year
Dublin
Full time
1 day ago

What is the opportunity?

This is an exciting opportunity for supplier due diligence manager to work with a highly diverse team in Third Party Risk Management. This role is essential in ensuring that all third-party engagements have the requisite due diligence!

You will be coordinating Subject Matter Experts (SME) assessments, validating business responses, manage risk remediation, and providing end-to-end support to stakeholders while maintaining strong engagement across the Three Lines of Defence.

In this role, you will;

  • Implement the supplier due diligence process to assess and validate third-party risk, ensuring compliance with regulatory standards and internal policies.
  • Track and raise due diligence findings, remediation plans, and risk acceptances and maintain accurate and up-to-date records in the Third Party Risk Management (TPRM) system of record.
  • Validate business responses to third-party risk assessments, ensuring accuracy, completeness, and alignment with risk mitigation requirements and control expectations.
  • Be responsible for the implementation and closure of third-party risk remediation actions, ensuring timely resolution and accountability
  • Provide business stakeholders with guidance and support throughout the supplier due diligence process, ensuring accurate inputs, timely responses, and alignment with risk requirements.
  • Collaborate with colleagues across Procurement, 3LoD, Legal, IT Security, and Compliance to ensure a consistent and efficient onboarding process and find opportunities to automate and streamline due diligence processes using technology and data analytics.

What will make you stand out?

The successful candidate will have a strong understanding of TPRM and supplier due diligence frameworks and regulatory requirements in Ireland and the EU. Extensive experience of leading a team of risk management professionals, including ensuring there are appropriate skills and up to date industry knowledge on the team.

You will have a proven record of accomplishment in operating effectively with sourcing risk management, Group Risk oversight teams and Internal Audit with excellent analytical, communication, stakeholder management and interpersonal skills and the ability to influence and collaborate across all levels of the organisation.

Experience with any of the following will help you to stand out but is not necessary in order to apply for this role;

  • Strong record of accomplishment in the areas of solving problems, delivering quality, achieving results, thinking strategically and managing change.
  • Credibility, gravitas, resilience and independence to influence proposals or challenge decisions which affect Group exposure to sourcing risk.
  • Experience with risk assessment tools and third-party risk platforms (e.g., Archer, ServiceNow, Coupa.

Essential Qualifications

There are no specific qualifications or minimum educational requirements needed for this role.

More about the team

Group Procurement & Partner Management (Group Procurement) is a Bank of Ireland Group-wide function that provides Strategic Sourcing, Category Management, Partner Relationship Management, Supplier Risk Management & Governance and Procurement Services & Transformation support to all Divisions and Business Units. Group Procurement is part of Group Technology & Customer Solutions.

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.

#li-hybrid #ij-hybrid

Why work with us?

The Bank of Ireland company environment prioritises work-life balance with an opportunity for flexible working, along with 23 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.

Your wellbeing is important to us; we have an employee assistance program, WebDoctor and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and improve your career!

Key Competencies

  • Manage Risk - People Manager
  • Accountable - People Manager
  • One Group, one team - People Manager
  • Customer Focused - People Manager
  • Amplify Capability - People Manager

We're on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. We provide reasonable accommodations at every stage of our recruitment process for disabilities, neurodivergence or medical conditions. If you require an accommodation please complete this form and one of our recruitment team members will be in touch via email. Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.

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.

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