Risk Management Strategist

4 days ago


Birmingham, Birmingham, United Kingdom Risk & Insurance Management Society Inc Full time

About the Role

We are seeking a highly skilled Risk Management Strategist to join our team. This is an exciting opportunity for a dynamic and risk-aware individual to design and shape our Third Party control framework.

Key Responsibilities

  • Enable the division to comply with the Firmwide Third Party Risk and Control Framework and associated programs.
  • Provide active engagement across the full spectrum of risks from introduction of Third Parties to ensure appropriate oversight and governance of first line risk taking activities.
  • Engage with Risk Partners across the organization, as needed, to review control requirements and drive resolution of vendor issues with Vendor Relationship Owners.
  • Facilitate disruption testing in partnership with firmwide operational resilience and VROs.
  • Develop and provide periodic global and regional reporting on vendor landscape, risks, controls, and overall status of divisional execution against the program requirements.
  • Manage internal and external examinations and engagements (regulatory, audit, compliance).
  • Equipping Enterprise Vendor Relationship Owners and Divisional Vendor Risk Owners with skills, training, and awareness on their roles.
  • Support and help lead aspects of the global Third Party Risk Management Program initiatives and priorities, building capabilities including development of a process inventory, adoption of controls, issue tagging, enhanced new activities, and overall adherence to Enterprise Risk Management Framework elements.

About You

  • You will have 5+ years of experience in the controls/third party risk management domain.
  • Partnering in due diligence and ongoing monitoring activities including incident/event management.
  • Managing ongoing quality of third party data.
  • Assessing vendor controls as part of the firm's Risk and Control Self Assessment process.
  • Experience conducting outreach and due diligence assessments for new and existing vendors.
  • Understanding of Information Security, Data Privacy, and Compliance principles.
  • Experience working with high risk / critical vendors.
  • Previous experience with KPI management (including: vendor target/performance, vendors rating cards, manage and track identified risks until closed/resolved).
  • Experience in the production and management of reports for senior leadership.
  • Excellent stakeholder coordination and project management skills.

What We Offer

$140,000 - $160,000 per annum, depending on experience.



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