Third Party Risk Manager 75k
Job Description
Role: Third Party Risk Manager
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Salary: Up to £75K + Excellent Corporate Benefits
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Location: Birmingham (Hybrid working)
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Overview:
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Fantastic opportunity with a flagship global retail banking organisation to play a key role in overseeing and managing the risks associated with third-party relationships to ensure services are resilient, secure, and compliant with regulatory standards ensuring risks are managed within appetite.
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As a Third Party Risk Manager;
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Role:
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- Lead a team of risk professionals, collaborate with various departments, and serve as the primary point of contact for senior leadership on third-party risk issues
- Develop, implement, and maintain a comprehensive third-party risk management framework, including policies, procedures, and tools for assessing and monitoring third-party risks.
- Ensure that vendors and partners adhere to the organisation's risk management policies, regulatory requirements, and industry best practices
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- Assessing, monitoring, and mitigating risks across the vendor lifecycle, including onboarding, performance management, and termination
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Experience:
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- Deep understanding in risk management, with a focus on third-party risk management in the banking or financial services sector.
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- Experience in financial services sector risk management methodologies and tools to identify, assess, and manage resilience risks effectively.
- Demonstrate understanding of third-party risk frameworks, including experience in evaluating vendor risks and controls.
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- Knowledge of regulatory requirements and compliance standards in the banking industry relevant to third-party risk such as ISO 22301
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Third Party Risk Manager - click apply for next steps
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***All applicants must demonstrate current & valid UK Right to Work***