Third Party Risk Specialist
7 hours ago
The Third Party Risk Manager role is a key position that involves managing third-party risk within the organization.
In this role, you will work closely with colleagues across various departments to apply a third-party risk management framework and identify potential risks associated with third-party relationships.
You will have the opportunity to develop your skills and knowledge in risk management, build strong working relationships with stakeholders, and contribute to the effective management of third-party risk.
Main Responsibilities:- Third-Party Risk Management: Support the business in managing third-party risk by identifying, reporting, managing, and mitigating risk within a defined risk appetite.
- Quality Assurance Testing: Conduct quality assurance testing on key TPRM and governance processes to identify weaknesses and trends, and drive activity to improve process design and capability.
- Stakeholder Partnerships: Build and maintain trusted working partnerships with key stakeholders across the bank to align and create synergies between inter-related frameworks and non-financial risks.
- Regulatory Compliance: Interpret the latest regulatory requirements and changes, manage updates to the TPRM framework to ensure ongoing compliance to outsourcing regulatory requirements.
- Exit and Contingency Planning: Provide oversight of the development and testing of robust third-party exit and contingency plans for critical suppliers.
- Risk Management Experience: Demonstrated knowledge of third-party risk and experience working in a first or second line of defence risk role.
- Industry Knowledge: Experience working in a financial services or supply chain environment.
Estimated Salary: 120000 - 180000 per annum.Benefits and Career Development
This role offers a unique opportunity for professional growth and development, with access to training programs, mentorship, and career progression opportunities.
As a valued member of our team, you will be entitled to a comprehensive benefits package, including health insurance, pension scheme, and paid annual leave.
We are committed to creating a positive and inclusive work environment that promotes diversity, equity, and inclusion.
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