Third Party Risk Management Specialist
3 weeks ago
A leading insurance business is seeking a Third-Party Risk Manager to join their team in the UK.
Key Responsibilities:
- Conduct thorough risk assessments and checks on third-party vendors and suppliers to identify potential data privacy, cybersecurity, or financial health-related risks.
- Monitor compliance with policies, procedures, and requirements governing the implementation of the TPRM Framework and policies.
- Oversee third-party performance and compliance against contractual obligations, including SLAs and controls.
- Ensure compliance with regulations such as DORA and GDPR, and industry standards, by conducting regular audits and assessments.
- Investigate third-party related incidents and update incident response plans as needed.
- Support third-party vendors to address identified risks and ensure appropriate action has been taken.
Requirements:
- Experience gained from within a fully regulated industry.
- Specific knowledge and experience of third-party risk management frameworks and best practices.
- Substantial experience conducting risk assessments and audits on suppliers, vendors, and partners.
- Knowledge of regulations and industry standards such as GDPR, DORA, and ISO 27001.
This is an exciting opportunity to join a leading business in the insurance sector with excellent growth plans for the near future.
The successful candidate will receive an excellent starting salary in the region of £50,000, accompanied by a strong holiday allocation, pension, and other rewards.
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Third Party Risk Management Specialist
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Third Party Risk Manager
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