Develop, implement, and oversee an effective Third-Party Risk Management framework to identify, assess, and mitigate risks associated with external suppliers, vendors, and partners.
Lead assessment and due diligence processes for potential and existing third-party relationships, ensuring adherence to the company's risk tolerance levels and compliance requirements.
Collaborate with legal and procurement teams to review and evaluate third-party contracts, identifying risk areas, and ensuring appropriate risk mitigation measures are in place.
Continuously monitor third-party performance and risk exposure, providing regular risk reports and updates to senior management and stakeholders.
Ensure compliance with relevant regulations, industry standards, and company policies throughout the third-party relationship lifecycle.
Establish and maintain strong working relationships with third-party vendors and partners to facilitate effective communication and risk mitigation efforts.
Conduct training sessions and awareness programs to educate employees and stakeholders on third-party risk management best practices.
Collaborate with other departments, such as IT, Legal, Compliance, and Procurement, to ensure a cohesive and unified approach to risk management.
Work closely with the Procurement team lead to align TPRM efforts with sourcing strategies, fostering seamless collaboration between the two teams.
Requirements
Bachelor's degree in business administration, Risk Management, or a related field.
An advanced degree or relevant certification is a plus.
Proven experience of 2 years in third-party risk management, vendor management, or related fields.
Experience from a regulated environment, preferably banking, financial services or another highly governed industry.
In-depth knowledge of risk management methodologies, best practices, and industry standards.
Ability to interpret regulatory expectations and translate them into practical ways of working.
Strong analytical skills with the ability to assess and prioritize risks effectively.
Excellent communication, negotiation, and interpersonal skills to collaborate with internal stakeholders and external partners.
Proficiency in risk management software and the Microsoft Office suite.
Strong communication skills in English.
A Nordic language is an advantage.
Benefits
An opportunity to work in a large, high-performing international company, in a dynamic environment that is constantly changing.
A corporate culture that is professional and dynamic, yet informal.
Bureaucracy is kept to a minimum, as we expect our skilled employees to make long lasting and impactful decisions to shape our future.
Highly competent, dedicated, and friendly co-workers with strong collaboration across the Nordics.