Third Party Risk Manager

1 day ago


London, United Kingdom Cedar Full time

This global bank are becoming more and more dependent on the third parties who provide unrivalled support to their operations. As a result of this the Procurement function are going through a big transformation.
- The focus of this is on creating an environment fit to drive significant value through the creation of an operating model that has the ability to fully realise the potential of this supplier ecosystem.
- This will include the connection and delivery of the right third party expertise to meet the future demands of the bank and in turn, to drive best value from suppliers whilst complying with regulation and using proper risk mitigation.
- In this role you will be pushing forward a long term Procurement transformation programme by driving robust compliance to supplier risk policies.
- You will ensure that work delivered by third party suppliers meets quality, compliance and cost effectiveness in line with the banks expectations.
- When it comes to external vendors in support of the transformation, you will be accountable for managing and mitigating all risk, playing a key part in transforming to a best in class Procurement function.
- You will also develop appropriate Procurement risk and governance models and ensure that 3rd party exposure is managed in a robust manner and in line with relevant and regulatory requirements
- Support Third Party Risk Management programme process and technologies
- Action plans and reporting in order to drive risk mitigation
- In depth analysis around third party risk frameworks and systems



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