Senior Third Party Risk Manager

1 month ago


London, Greater London, United Kingdom 1st Executive Ltd Full time
Third Party Risk Manager

Join 1st Executive Ltd as a Third Party Risk Manager and play a key role in overseeing and managing the risks associated with third-party relationships to ensure services are resilient, secure, and compliant with regulatory standards.

Key Responsibilities:

  • Lead a team of risk professionals and collaborate with various departments to ensure third-party risks are managed within appetite.
  • Develop and implement a comprehensive third-party risk management framework, including policies, procedures, and tools for assessing and monitoring third-party risks.
  • Ensure vendors and partners adhere to the organisation's risk management policies, regulatory requirements, and industry best practices.
  • Assess, monitor, and mitigate risks across the vendor lifecycle, including onboarding, performance management, and termination.

Requirements:

  • Deep understanding of risk management, with a focus on third-party risk management in the banking or financial services sector.
  • Experience in financial services sector risk management methodologies and tools to identify, assess, and manage resilience risks effectively.
  • Demonstrate understanding of third-party risk frameworks, including experience in evaluating vendor risks and controls.
  • Knowledge of regulatory requirements and compliance standards in the banking industry relevant to third-party risk such as ISO 22301.

***All applicants must demonstrate current & valid UK Right to Work***



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