Third Party Risk Management Specialist

7 days 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 compliance and work closely with internal stakeholders and suppliers to develop risk management plans.
  • Provide guidance to Supplier Relationship Managers, Procurement, and stakeholders on TPRM processes and standards.
Requirements

We're looking for a candidate with:

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

We offer a range of benefits to support your career and wellbeing, 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. You can also 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 at high street stores and online.
  • A welcoming culture with opportunities to collaborate with people from diverse backgrounds, views, 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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