Contribute to the development and ongoing enhancement of the Third-Party Risk Management framework, supporting the application of standards, expectations and risk appetite for the business.
Support senior leadership within the Third Party & Procurement function, contributing to strategic initiatives, prioritisation and effective stakeholder engagement across third-party and procurement activities.
Support and inform risk-based decisions across the third-party lifecycle, including onboarding, contract renewal, material change and exit, ensuring decisions are escalated and approved at the appropriate levels.
Conduct and support the review and challenge third-party risk assessments, due diligence, and ongoing monitoring ensuring risks are identified, clearly articulated, and appropriately mitigated in line with risk appetite.
Work closely with subject matter experts across the business (e.g. Security, Risk, Legal, Finance Crime, Finance) to develop a comprehensive understanding of the overall risk profile and ongoing requirements of third parties.
Identify, analyse and escalate third-party risk trends, incidents, control failures, and supplier performance trends, ensuring systemic issues are addressed and lessons learned are embedded into the TRPM framework.
Apply and maintain the agreed approach for assessing supplier financial health and viability, reviewing indicators, triggers, and outcome.
Support the delivery of TPRM training and guidance, for new colleagues and periodic refresher training and ensure internal internet content, guidance materials and supporting documentation are kept up to date.
Support the development, testing, and ongoing assurance of exit strategies in line with operational resilience requirements.
Contribute to the continuous improvement of third-party management and procurement processes, tools, and reporting.
Support regulatory, audit and assurance activities relating to third-party risk management.
Requirements
Proven experience in third-party risk management, operational risk or a closely related discipline.
Demonstrable experience reviewing and overseeing third-party risks assessments, due diligence, and ongoing monitoring to inform risk-based decisions.
Strong understanding of regulatory expectations and industry best practice relating to third-party risk management, within a financial services environment.
Strong working knowledge of third-party risk management systems and related platforms.
Clear, credible and confident communicator. able to influence senior stakeholders and provide effective challenge.
Strong analytical skills with the ability to assess complex risks and synthesize input from multiple SMEs.
Collaborative and pragmatic, with a proven ability to build trusted relationships across the business and balance risk, regulatory and commercial considerations.
Well-organised, resilient and able to manage multiple priorities and competing demands.
Benefits
Full onboarding support and continued development opportunities
Options for flexible working
Regular social activities
Pension contributions
Discretionary bonus scheme
Private health cover
Life assurance
Family friendly policies including enhanced Maternity & Paternity leave