Application Deadline: Friday 13th September 2024

Hybrid Working Pattern - 3 days in Office & 2 WFH

About us

Cynergy Bank is the UK’s human digital bank serving the needs of ‘scale up’ or medium sized and fast-growing SMEs; professionals; high net worth and mass affluent individuals, in essence those market segments that still value human service enabled by great technology.

We recognise that professional and personal lives often overlap and our mission is to help empower our customers to achieve their ambitions by serving all their interdependent banking needs. We provide a comprehensive range of digitally enabled products and services to meet the property finance, business and commercial banking, private banking and personal savings needs of our customers.

Our human and digital model transforms banking for customers who still value a face-to-face relationship that is enabled by the latest digital technology.

We partner with firms such as Google Cloud, Cigniti and Slalom as we continue to innovate in the human digital space.

Cynergy Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Eligible deposits with Cynergy Bank plc are protected by the UK Financial Services Compensation Scheme.

For more information on Cynergy Bank visit www.cynergybank.co.uk

Company Benefits

• Competitive Salary and Company Bonus
• 210 hours (30 days) holiday plus bank holidays
• Option to purchase an additional 10 days holiday
• Pension contribution and Life Assurance
• Income Protection Scheme and Season Ticket Loan
• Private Medical Insurance and Health Check (After Probation)
• Electric Car Scheme and Money Coach (After Probation)

The role

Join our dynamic, high-performing Procurement Team. Drive value for the Bank by managing Supplier contracts through the full life cycle from sourcing, negotiation, Supplier management through to exit. Ensure that contracts are optimised for the Bank’s operational and commercial imperatives while meeting regulatory requirements and fostering productive Supplier relationships.

Responsibilities:

• Manages the end-to-end lifecycle process of Contract Changes from development through to execution, including obtaining the relevant stakeholder approvals
• Ensure that all technical, commercial and operational contract content has been reviewed and approved by the relevant stakeholders, and document the contract approval assurance
• Support a wide range of supplier contracting activity including administering procurement processes for new suppliers and managing drafting and review of contracts
• Ensures that all terms and conditions of the agreement are satisfied, contractual constructs are fit for purpose and mitigates any risk exposures
• Ensure compliance with supplier management governance framework including fulfilling all oversight and governance controls
• Track delivery of annual due diligence reviews and reviews of contractual performance
• Provides a structured process, rules of engagement and end-to-end support for contractual issue/dispute resolution
• Deliver MI and reports including monthly executive dashboards and participate in internal governance as required
• Build partnership roles with the Cynergy Business Owners, Risk, Compliance, Legal and Finance teams in particular to ensure the contracts are operationalised and managed in line with business needs, relevant policies and processes

Additional responsibilities for all employees

• Actively promote and practise the Bank’s Guiding Principles
• Understand and adhere to the Bank’s policies and procedures with particular reference to:
• Consumer Duty (incorporating consideration of Vulnerable Customers)
• Fair Treatment of Customers
• Information Security and Data Protection Act 2018 (GDPR)
• Risk management and reporting of risk management incidents
• Regulatory compliance and prevention of financial crime
• Disaster recovery and business continuity
• Conduct Rules and Professional Standards
• Support Bank wide Forums as required or identified
• Cooperate with and help colleagues across our business, performing other reasonable tasks as may be required from time to time