Third Party Governance Specialist
2 weeks ago
We are committed to creating a flexible and inclusive work environment at M&G plc. As a result, we offer flexible working arrangements and workplace accommodations to ensure our employees have the necessary tools to excel in their roles.
The Role:
Reporting to the Head of Third-Party Risk & Oversight, you will be responsible for coordinating activities related to the governance of Third-Party Suppliers. This will involve representing Third-Party Supplier risk across key governance forums and committees, as well as liaising with subject matter experts on service metrics to develop a comprehensive view of the overall Third-Party Supplier dashboard.
Key Responsibilities:
- Host a monthly supplier governance forum for AM
- Liaise with SMEs on service metrics to form a view of the overall supplier dashboard
- Review trends and issues from key suppliers
- Review pipeline activities with Suppliers
- Identify trends where there are issues for further focus and deep dive
- Represent 3rd Party Risk across key governance forums and committees, such as the Tech & Ops forum for SMF24, ERC, and other risk committees
Key Skills, Competencies & Experience:
Technical Skills:
- Experience working across the vendor lifecycle
- Experience in third-party risk oversight
- Experience running or chairing key governance forums, with the ability to challenge senior stakeholders
- Experience creating executive papers and meeting packs
Non-Technical Skills:
- Close attention to detail
- Proactive attitude towards risk management, with proven skills to demonstrate forward-looking risk mitigation
- Resilience in fast-paced, high-pressure scenarios
- Hands-on approach to delivering outcomes
- Able to build strong relationships and credibility with stakeholders outside of their team
Experience:
- Significant experience in Financial Services
- Preferable experience in 3rd Party Risk Oversight/Vendor Management, first-line risk management
- Experience in Governance Support & Management Reporting
We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and employee-led networks. We welcome applications from individuals who share our values and are committed to creating a positive and inclusive work environment.
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