Third Party Risk Management Lead

**Company Description**
Wise is a global technology company, building the best way to move and manage the world’s money.
**Min fees. Max ease. Full speed.**

Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.

As part of our team, you will be helping us create an entirely new network for the world's money.
**For everyone, everywhere.**

More about **our mission** and **what we offer**.

This role encompasses the strategic planning and management of Third Party Risk, ensuring alignment with both industry standards and regulatory expectations. As the Third Party Risk Lead, you will be instrumental in developing, maintaining, and enhancing the comprehensive Third Party Risk Management (TPRM) framework and policies to align with industry best practices, regulatory requirements, and Wise's Enterprise Risk Management framework.

Additionally, you will contribute to the wider third party risk management strategy and ensure the effective design of third party risk controls and processes. You will operate both as an individual contributor and a leader within the TPRM program, while also collaborating with the Third Party Risk team on joint initiatives.

**Banking Service Provider Specific Lead Responsibilities**
- The Third Party Risk Lead will have oversight over the Banking Service providers (recognised within the financial industry as Financial Market Infrastructure (FMI) providers).
- The role will have a focus on mastering and improving our risk management controls and processes, ensuring we assess effectively our Banking service providers throughout their lifecycle from onboarding through to offboarding.
- Lead the development and integration of comprehensive risk management processes across the organisation, identifying key risk issues and delivering high quality recommendations to enhance the control environment to the appropriate standard (with focus related to Banking service providers scope and adherence to Financial Market infrastructure regulations).
- Structure and enhance the due diligence process, focusing on the systematic assessment of banking service providers. This includes refining methods to evaluate potential risks and ensure compliance with established risk management standards and Policy.
- Oversight over banking service providers risk management activities, including materiality assessment, due diligence, risk assessment, issue remediation and risk reporting to the company.
- Align the Banking Service Providers framework with the comprehensive Third Party Risk framework to ensure streamlined oversight and management. Integrate this alignment into existing processes and controls, and develop a mature program for the continuous management of Banking Service Providers.

**Third Party Risk Management Lead Responsibilities**
- Managing and overseeing the TPRM program in alignment with industry standards and regulatory expectations.
- Contributes to maintaining, and enhancing the comprehensive TPRM framework and policies to ensure alignment with industry best practices, regulatory requirements, and the Wise's Enterprise Risk management framework.
- Leading and growing both global and regional specific resources, providing strategic support, and fostering a culture of third-party risk awareness throughout the organisation.
- Work in close coordination with the rest of the TPRM Leadership team, and the Third Party Management team at large.
- Works with senior stakeholders, coordinates cross-team projects, and contributes to TPRM strategies with the company's overall risk management and business objectives.
- Operates both as individual contributor and owner of aspects of the TPRM programme, and as team contributor for items that are delivered by other members of the TPRM leadership team, or delivered as part of the Team.
- Develop, maintain, and update the TPRM processes and controls to align with industry best practices, regulatory requirements, and the organisation's risk appetite. Design procedures, operational oversight controls, and continuous monitoring processes to ensure the TPRM framework effectively integrates into the organisation's overall risk management strategy.
- Contribute to strategic oversight and continuously audit current processes to optimise third-party management processes, together with the rest of the TRPM leadership. The goal is to enhance the efficiency and effectiveness of controls, identify areas for improvement, and develop improvement plans.
- Ensure that TPRM strategies are aligned with the organisation's overall risk management framework and strategic objectives. This involves collaborating with 2nd line of defence stakeholders, Leadership team and key teams to ensure the third-party risk considerations into the broader organisational risk profile and strategic planning processes.
- Maintain up-to-date knowledge of r