Vice President of Vendor Governance
2 days ago
We're seeking a seasoned Vice President of Vendor Governance to lead our Third-Party Risk Management function. In this critical leadership role, you will be responsible for establishing and leading an outstanding TRPM function, ensuring that our third-party engagements align with our business objectives, risk appetite, and regulatory requirements.
Key Responsibilities:
- Strategic Leadership:
- Develop, implement, and refine a global TRPM strategy aligned with the company's growth objectives and risk appetite.
- Foster a culture of proactive risk management and accountability across the organisation.
- Collaborate with senior leadership to identify strategic third-party risks and mitigation opportunities.
- Framework Development:
- Design and establish a comprehensive TRPM governance framework, including policies, standards, and procedures, ensuring compliance with industry regulations and best practices.
- Develop scalable processes for third-party risk assessments, onboarding, monitoring, and termination.
- Introduce robust metrics and Key Risk Indicators (KRIs) to track and report on third-party risk performance.
- Risk Oversight and Operations:
- Build and lead a team responsible for conducting risk assessments of third-party vendors, contractors, and partners across key risk domains.
- Monitor third-party performance to ensure compliance with contractual obligations, service levels, and risk expectations.
- Governance and Reporting:
- Establish a clear governance structure for third-party risk management, ensuring cross-functional collaboration across legal, procurement, IT, and business units.
- Provide regular reports to executive leadership and the board on third-party risk exposure, trends, and remediation activities.
- Capability Building and Continuous Improvement:
- Drive process optimisation and automation to enhance the efficiency and effectiveness of TRPM activities.
- Lead the implementation of third-party risk management tools and technologies to improve visibility and control.
About Us
We're a collective of talented individuals united by a shared passion and no-limits mindset. We're pushing the boundaries of insurance, and our strength lies in our ability to collaborate as a powerful international team. Our employees have been turning down headhunters for years due to our unique culture.
Our vision is to make a positive difference at work and beyond. If you share this vision and are looking for a career-defining opportunity, we encourage you to apply.
Salary Range: $160,000 - $220,000 per annum, depending on experience and qualifications.
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