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Senior supplier risk analyst (newcastle)

Newcastle
Bendigo Advertiser
Risk Analyst
Posted: 4 October
Offer description

About the role: Serving our customers, communities, and planet a little better every day. Salary – from £43,680+ annual bonus & advantages.
Work Level: 2 Location - Edinburgh, Glasgow, Newcastle or Reigate Office Attendance- Our roles are hybrid; you should be able to work in our offices 2 days per week. Closing Date: Applications 19 September 2025 at 5pm.
We deal in the personal – from home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you've worked hard for. And that means we always work with heart. Whether we're helping our customers or looking after our people, you'll find there's a warmth and friendliness to everything we do.
Opportunity: We're recruiting for a Senior Supplier Risk Analyst to join our Insurance and Money Services team. You'll support the Supplier Risk and Assurance Manager and wider Outsourcing and Supply Chain Management team in protecting Tesco Insurance and Money Services from risks associated with third-party suppliers by developing and implementing robust supplier risk management frameworks.
This role supports in ensuring compliance with regulatory requirements, enhances operational resilience, and supports strategic decision-making through effective risk identification, assessment, and mitigation.
The Role
Evaluating potential and existing suppliers for financial, operational, geopolitical, and compliance risks.
Conducting due diligence and risk assessments in line with Outsourcing and Supply Chain Management framework.
Continuously monitoring news, financial data, and regulatory changes that may impact suppliers.
Reporting risk findings to senior management and recommending mitigation strategies.
Collaborating with procurement, legal, risk and compliance teams to address supplier issues.
Establishing and maintaining supplier risk management policies, procedures, and frameworks.
Serving as a point of contact for supplier risk issues and escalations.
Preparing and presenting monthly risk reports to senior management.
We need you to have:
Risk management, experience or understanding of 3rd party or supplier management.
Experience of working within established risk management systems.
Robust stakeholder management skills required to work in cross functional teams to ensure risks are appropriately managed during onboarding and ongoing management of 3rd party suppliers, where there are often conflicting priorities across the teams.
Ability to make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
Proven data collection and analytical skills.
Confident in providing insights into business dynamics.
Strong reporting skills required to create relevant and effective risk reports that can be shared with senior stakeholders.
Good stakeholder management skills and excellent communication skills.
Demonstrable experience with identifying, assessing and prioritising managing.
What's in it for you?
Prepare for your retirement with our colleague pension scheme.
Private Healthcare & Virtual GP Service for you and your family 365 days a year.
Performance related annual bonus.
Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday.
Green Car Leasing Scheme.
Critical Illness cover.
Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
Take part in our Buy as you Earn and Save as you Earn share schemes.
Everyone's welcome: We want all our colleagues to always feel welcome and be themselves. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business.
A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
#J-18808-Ljbffr

📌 Senior Supplier Risk Analyst
🏢 Bendigo Advertiser
📍 Newcastle

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