Third-Party Risk Consultant

3 days ago

London, Greater London, United Kingdom Procurement Heads Full time
About Procurement Heads: We are a global insurance company dedicated to providing innovative solutions for our clients. Our growing TPRM team is seeking an experienced professional to join us as a Third-Party Risk Specialist. The successful candidate will have experience working with third-party suppliers on risk, due diligence, and assurance. A strong understanding of procurement and risk management processes, as well as excellent communication skills, are essential for success in this role.

The Third-Party Risk Specialist will work closely with our Supplier Relationship Management (SRM), Procurement, and Sourcing teams to ensure the efficient execution of risk activity and compliance with regulatory requirements. This is a newly created standalone role, reporting directly into the Head of SRM for the UK. The working policy is flexible, with visits to the London or Surrey office once or twice a month.

Key Responsibilities:
  • Support relevant Business Owners with TPRM lifecycle activities, including risk assessments
  • Oversee timely third-party remediation activities and related reporting
  • Assist with onboarding new third parties, ensuring due diligence is completed
  • Help define and execute exit plans with relevant functions
  • Maintain stakeholder relationships, ensure compliance, and manage third-party data accuracy
  • Support audit responses and provide feedback to improve TPRM policies
Requirements:
  • Experience working with third-party suppliers on risk, due diligence, and assurance
  • Strong understanding of procurement and risk management processes
  • Excellent communication and organisational skills
  • Ability to work independently and as part of a team
  • Proactive approach to personal learning and development
Benefits:
  • A competitive salary of up to £55,000 per annum
  • Flexible buy/sell holiday options
  • Annual performance-related bonus
  • Contributory pension scheme

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