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Third Party Risk Management Specialist

1 month ago


Peterborough, Peterborough, United Kingdom Travelex Full time
Job Title: Third Party Risk Analyst

We are seeking a highly skilled Third Party Risk Analyst to join our team at Travelex. As a key member of our Third Party Risk Management team, you will play a critical role in ensuring the effective management of third-party risks across our global operations.

Key Responsibilities:
  • Administer and maintain the Third Party Register, including coordination of assessment activities and provision of training as required.
  • Monitor third-party assessments and take remedial actions where necessary.
  • Undertake specific improvement initiatives and manage small projects to develop and improve the scope and quality of data in the third-party module used by Travelex.
  • Produce accurate, timely, and relevant management information for use in entity, function, country, and global risk profile mapping in line with Compliance and Risk requirements.
  • Assist in the development of reports as required by stakeholders.
  • Develop and maintain a network of contacts globally to develop and maintain an understanding of all business areas and products to be able to provide support with supplier reviews.
  • Work with different business areas to further develop an appropriate level of maturity with third-party risk processes and ensure consistency, agreeing action plans where appropriate.
  • Assist in the continual development and implementation of metrics to help provide meaningful information for both the function and other business stakeholders to better understand our third-party risk landscape.
Requirements:
  • Experience working in a risk and compliance background.
  • Well-organized, able to plan and coordinate multiple requirements and priorities simultaneously according to the demands of the function and business.
  • Excellent attention to detail and able to drive the right business outcome.
  • Ability to work under time pressure and to deadlines.
  • Strong interpersonal skills, and the ability to communicate with people at all levels.
  • Strong written and verbal communication skills.
  • University degree or Risk Qualification desirable.
  • Proven record of success in working collaboratively as part of a team.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.