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Third Party Risk Manager

Join us as a Third Party Risk Manager



If you’re looking for a new challenge, where you can play a key role in managing third party risk, this could be the ideal role for you



You’ll work in partnership with colleagues across the organisation in applying a third party risk management (TPRM) framework, and anticipating and assessing the potential impacts of third party risk across the bank



By liaising closely with a range of stakeholders, you’ll have an opportunity to raise your profile across the bank and you’ll benefit from a strong focus on your personal development



What you'll do



You’ll play a key role in delivering initiatives that support the effective application of the TPRM framework, with an opportunity to improve the understanding and effective management of third party risk across the bank.



We’ll look to you to support the business in managing third party risk, making sure mechanisms are in place to identify, report, manage, and mitigate risk within a defined risk appetite, working in conjunction with the second line of defence.



Day-to-day, you’ll be:



Undertaking quality assurance testing on key TPRM and governance processes, identifying weaknesses and trends and driving activity to improve process design and capability



Developing processes and procedures to support users in complying with the EO standard



Building and maintaining trusted working partnerships with key stakeholders across the bank to align and create synergies between inter-related frameworks and non-financial risks



Supporting the interpretation of the latest regulatory requirements and changes, managing updates to the TPRM framework to ensure our ongoing compliance to the outsourcing regulatory requirements



Reviewing and maintaining of the EO risk standard and supporting guidance



Providing oversight of the development and testing of robust third party exit and contingency plans for our most critical suppliers



The skills you'll need



To be successful in this role, you’ll demonstrate knowledge of third party risk and bring experience of working in a first or second line of defence risk role.



You’ll also bring:



A clear track record of achievement and delivery



Experience of working in a in financial services or supply chain environment



Strong analytical and problem solving abilities with good attention to detail



Excellent communication skills, both written and verbal and the ability to influence at all levels

Third Party Risk Manager

London, UK
Full time

Published on 11/15/2024

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