Third Party Risk Governance Expert

1 week ago

Brighton, Brighton and Hove, United Kingdom Legal & General Full time

At Legal & General, we're a leading financial services group and major global investor, dedicated to safeguarding people's financial futures since 1836. Our mission is to build a better society for the long term by investing our customers' money in things that make life better for everyone and create value for our shareholders.

Our Group Functions provide the essential services that all areas of the business need, requiring a talented and diverse team behind the scenes to enable everyone at L&G to excel. Joining us means contributing to the success of the business and improving the lives of our customers every day.

Job Description

We're seeking a highly skilled Third Party Risk Manager to join us on a 14-month fixed-term contract. This role offers a competitive base salary and a comprehensive benefits package.

Key Responsibilities:

  • Support the development and implementation of Third Party Risk Management (TPRM) policies and procedures.
  • Conduct thorough assessments and reports of potential and existing suppliers to ensure compliance with regulatory requirements.
  • Monitor supplier performance and provide guidance to internal stakeholders and suppliers on risk management best practices.
  • Collaborate with internal teams to develop risk management plans and strategies.
  • Provide expert advice to Supplier Relationship Managers, Procurement, and stakeholders on TPRM processes and standards.
Requirements

We're looking for a seasoned professional with:

  • Significant experience in Third Party Risk Management, gained from a supplier/vendor management, category management, or business development background.
  • A proven track record of working in a Financial Services company, such as a Bank, Insurer, or Asset Manager.
  • Expertise in supporting the development or maintenance of risk policy in relation to suppliers, with a strong understanding of risk management principles.
  • Knowledge of Third-Party Risk Management practices and strategies, including regulatory frameworks.

We offer a comprehensive benefits package, including:

  • The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
  • Generous pension contribution.
  • Life assurance.
  • Private medical insurance (permanent employees only).
  • At least 25 days holiday, plus public holidays, 26 days after 2 years' service. There's also the option to buy and sell holiday.
  • Competitive family leave.
  • Participation in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax-efficient salary sacrifice.
  • Access to a range of discounts on our products and services, as well as at high street stores and online.
  • A welcoming and inclusive work environment, with opportunities to collaborate with people from diverse backgrounds and experiences.
About Us

Legal & General is a leading financial services group and major global investor, named Britain's Most Admired Company in 2023, for the second year running. We're committed to building a better society for the long term by investing our customers' money in things that make life better for everyone.

We strive to be open, mindful, and inclusive, and are always willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.

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