Supplier Assurance Officer

  • Location

    City of London, London

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    £30000 - £35000 per annum

  • Contact:

    Scott Duerden

  • Contact email:


  • Job ref:


  • Published:

    6 months ago

Our client, a leading Bank in the heart of the city are looking for a Supplier Assurance Officer to join their compact team where they will be reporting to the Supplier Assurance Manager

The role will be responsible for ensuring The Bank complies with FCA requirements for intermediary and supplier oversight by way of monitoring the financial standing, performance and compliance with regulation of the Banks' database of suppliers and introducers.

Key responsibilities will include;

  • Provide first line of defence oversight activity across The Banks supplier and introducer cohort
  • Visit existing suppliers and introducers to conduct formal audit reviews
  • Prepare supplier audit reports for publication to senior management and other stakeholders
  • To maintain, run and action the banks' weekly ICO and FCA due diligence exception reports
  • To maintain the departments electronic filing system and mailbox
  • Liaise with my clients Compliance Department in relation to supplier oversight activity and audit reviews
  • Complete Ad hoc project work and other reasonable duties, as instructed by the Directors and/or Head of Operational Excellence
  • Comply with TCF and Conduct Risk Obligations attached to this Job Specification

To be considered for this position, ideal candidates must have the following experience and skills;

  • At least 3 years' experience of working in an FCA regulated environment
  • Knowledge and experience of the FCA's Consumer Credit Sourcebooks
  • Self-starter who has an ability to work on their own and can communicate well with
  • brokers, suppliers and intermediaries as well as the Bank's senior management.
  • Ability to write high quality reports will be essential
  • A high level of interpersonal skills and ability to work cross departmentally effectively
  • IT literate in Excel, Word and Outlook
  • Attention to detail and a well organised approach to work
  • TCF (Treating Customers Fairly) and Conduct Risk obligations attached to this role

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