Offer summary

Qualifications:

Bachelor's degree in a relevant field such as Risk Management, Business Administration, or Finance., Strong understanding of third party risk management frameworks and compliance regulations, particularly FCA regulations., Experience in managing cross-functional teams and collaborating with subject matter experts in risk-related areas., Excellent communication and leadership skills to effectively manage stakeholders and drive initiatives..

Key responsabilities:

Oversee all third party risk management activities throughout the supplier lifecycle, including due diligence and risk screening.

Act as the primary point of escalation during third party risk incidents, providing support to Procurement and senior stakeholders.

Lead the development and implementation of TPRM controls, processes, and policies.

Manage risk reporting activities and lead the monthly Procurement risk forum to improve the risk register.

Job description

Our client is looking for a dynamic Third Party Risk Manager. In this role, you will lead the third party risk management (TPRM) function, overseeing all risk management activities delivered by our outsourced TPRM team. You will work closely with subject matter experts (SMEs) in areas such as operational resilience, information security, and environmental, social, and governance (ESG) to drive supply chain resilience and ensure third party risks are managed effectively and in compliance with FCA regulations.

Key Responsibilities:

Oversee the execution of all third party risk management activities throughout the supplier lifecycle, including due diligence, risk screening, incident management, risk re-assessment, stressed exit planning, and supplier offboarding.
Act as the primary point of escalation during third party risk incidents and major disruptions, providing support and guidance to Procurement, the business, and senior stakeholders.
Lead the development and implementation of TPRM controls and frameworks, including systems, processes, and policies.
Drive central governance and cross-functional collaboration across risk SMEs, including Operational Resilience, Infosec, Data Privacy, ESG, Compliance, Health and Safety, and Vulnerable Customers.
Manage risk reporting activities, ensuring the timely delivery of key risk indicators (KRIs) and completion of risk self-assessment controls.
Lead the monthly Procurement risk forum, maintaining and continuously improving the Procurement risk register.

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