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Third Party Manager

3 months ago

London, UK, United Kingdom Talent Solution TAPFIN Full time
and rewards that will take you further. We are currently seeking an experienced individual to join this team in the role of Third-Party Manager.

ROLE PURPOSE

Wealth and Personal Banking serves more than 50 million customers worldwide with a complete range of banking and wealth management services, enabling customers to manage their finances and protect and build their financial futures.
We’re building a new strategic digital business within Group, with the ambition to become a leading player in the global payments and FX market, supporting foreign currency and payment needs of internationally minded customers around the world.

The business will support a standalone global wallet and payments app, with a narrow proposition, but the breadth to reach 10 million customers internationally, accelerating our international ambition and extending global reach.

We are passionate about approaching things differently and currently looking for ambitious and motivated individuals who are keen to embrace growth and tackle the impending challenges in this fast-evolving industry, joining us on our journey.

ROLE RESPONSIBILITIES
• Support MP business owners with all related Supplier and Third-Party Risk Management (TPRM) activities.
• Lead workstream to ‘Embed improvements’ in Supplier Management / TPRM Framework
• Improve Governance, Oversight & Controls for ‘Material’ Suppliers – delivery of audit actions
• Support implementation of NEW TPRM Tool
• Develop aggregated Supplier KRI / KPI Dashboard for reporting Third Party Risk to Leadership team
• Implement controls framework across Material Suppliers
• Support DORA readiness workstream
• Support the onboarding of Suppliers in accordance with Procurement process including risk assessment, facilitate due diligence (where appropriate) and ensure all necessary approvals are in in place for contract award.
• Manage Marco Polo’s relationships with its third-party vendors (90+) and partners, overseeing a spend of >USD20.0M per year
• Responsible for ensuring that appropriate controls are in place and risks are actively managed relating to third parties in accordance with Regulatory obligations
• Develop Third Party Risk processes, tools and systems to ensure effective management & reporting of Supplier data

ROLE REQUIREMENTS
• 8yrs+ years’ experience in Supplier or Third-Party Risk Management roles
• Understanding of Third-Party Risk and Regulatory requirements in Finance sector
• Experience of implementing Third Party Risk Management Frameworks
• Experience of Third Party Risk Tools & Reporting
• Proven execution capabilities with a specific focus around developing and implementing strategic programs
• Experience presenting to senior internal stakeholders (e.g. Group WPB CEO, Group COO, Group CFO, Board of Directors etc.)
• Possess a high level of credibility when dealing with external third parties
• Excellent written and verbal communication skills, with the ability to address large audiences and present to senior stakeholders
• Proven ability to influence senior leadership to drive business change
• Self-starter with an agile approach, who can work well independently as well as in a team environment
• Ability to think innovatively, shaping and communicating new concepts
• Calm under pressure, with the tenacity and resilience to deal with various business demands during periods of high workload and tight deadlines
• Ability to manage work across multiple priorities, with flexibility to re-prioritise work at short notice.