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Third Party Risk Management Specialist

2 months ago

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

Company Overview

Legal & General is a leading financial services group and major global investor, committed to building a better society for the long term by investing our customers' money in things that make life better for everyone.

We aim to achieve this by providing a range of financial products and services that meet the needs of our customers, while also generating value for our shareholders.

Job Summary

We are seeking a highly skilled Third Party Risk Management Specialist to join our team on a 14-month fixed-term contract. The successful candidate will be responsible for supporting the development and implementation of Third Party Risk Management (TPRM) policies, undertaking assessments and reports of potential and existing suppliers, and monitoring supplier compliance against regulatory requirements.

Key Responsibilities

  • Support the development and implementation of TPRM policies and procedures
  • Undertake assessments and reports of potential and existing suppliers to identify and mitigate risks
  • Monitor supplier compliance against regulatory requirements and industry standards
  • Work closely with internal stakeholders and suppliers to develop risk management plans and strategies
  • Provide guidance and support to Supplier Relationship Managers, Procurement, and other stakeholders on 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, such as 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 TPRM practices and strategies, including regulatory requirements and industry standards
  • Knowledge of TPRM regulatory framework and industry best practices

What We Offer

  • A competitive base salary and benefits package
  • The opportunity to work with a leading financial services group and major global investor
  • A collaborative and supportive work environment
  • Professional development opportunities and training
  • A range of employee benefits, including pension contribution, life assurance, and private medical insurance

How to Apply

If you are a motivated and experienced Third Party Risk Management Specialist looking for a new challenge, please submit your application, including your CV and a cover letter, to us.