Third Party Risk Manager Global Fin-tech

1 week ago

London, United Kingdom Portfolio Procurement Full time

A brand new and amazing Manager role within a small but highly focused TPRM team where there would be some limited scope to expand into the other areas of risk management, working for a global market leader in the Investements/Fin-Tech industry.

The role would report into the Head of Third-Party Risk Management who is responsible for the development of the TPRM strategy and its execution across the organisation.

Role and responsibilities:

- Support the Head of TPRM in developing and maintaining the TPRM policy and strategy.
- The development of processes across the Sourcing/ TPRM lifecycle ranging from Third Party Assessment (IRQs through DDQs), On-going Monitoring and Exit Management.
- Ensuring that inherent risks and control gaps are accurately identified and remediated.
- Manage the Outsourcing register - including 4th parties - and that it is accurately maintained.
- Co-ordinate the distribution of due diligence questionnaires to all suppliers, analysing responses and remediating issues where appropriate.
- Supporting the configuration of a TPRM solution and its implementation to help achieve a best in-class TPRM model
- Attend Service Reviews for high-risk third parties and ensure that TPRM is being effectively governed.

Experience and requirements:

- Experience and understanding of third-party risk management, process mapping, bottle neck identification and associated control remediation.
- Proven experience of implementing third party management frameworks in financial services.
- Knowledge and insight of regulatory requirements and expectation on third party risk management.
- Experience of building third party risk management processes / platforms from the ground up.
- Proven experience of successfully managing and delivering risk and control assessments.
- Experience in identifying and assessing IT risks and controls.
- Third party risk management experience ideally within the finance sector.
- Operational Control or Operational Risk Management experience / knowledge.
- Knowledge of the EBA guidelines on outsourcing.
- Professional risk management/ Contract Management or a Procurement qualification would be beneficial.

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