Third Party Risk Management Specialist

7 days ago

London, Greater London, United Kingdom Legal & General Full time

Job Title: Third Party Risk Management Specialist

Job Summary:

We are seeking a highly skilled Third Party Risk Management Specialist to join our team at Legal & General. As a key member of our Group Functions, you will play a critical role in supporting the development and implementation of Third Party Risk Management (TPRM) policies.

Key Responsibilities:

  • Support the development and implementation of TPRM policies
  • Undertake assessments and reports of potential and existing suppliers
  • Monitor supplier compliance against regulatory requirements
  • Work closely with internal stakeholders and suppliers to develop risk management plans
  • Provide guidance to Supplier Relationship Managers, Procurement and stakeholders regarding TPRM processes and standards

Requirements:

  • Third Party Risk experience gained from a supplier/vendor management, category management, or business development background
  • Previous experience of working in a Financial Services company like a Bank, Insurer or Asset Manager
  • Record of accomplishment in supporting the development or maintenance of risk policy in relation to suppliers, with appropriate levels of risk management
  • Good understanding of Third-Party Risk Management practices and strategies
  • Knowledge of TPRM regulatory framework

What We Offer:

  • 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
  • Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
  • There are the many discounts we offer – both for our own products and at a range of high street stores and online

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. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build 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, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

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