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Third Party Risk Manager - £60k - £80k - London / Remote

Third Party Risk Manager - £60k - £80k - London / Remote

  • Location

    London, England

  • Sector:

    Procurement, Risk and Compliance, Finance

  • Job type:

    Permanent

  • Salary:

    £60000 - £80000 per annum

  • Contact:

    George Purkiss

  • Contact email:

    george.purkiss@1st-executive.com

  • Salary high:

    80000

  • Salary low:

    60000

  • Job ref:

    1234567_1643017791

  • Published:

    4 months ago

  • Expiry date:

    2022-02-23

An excellent opportunity has arisen for an experienced Risk Manager to join the Third Party Risk team. Reporting into the Head of Third-Party Risk, the Outsourcing and Third Party Risk Manager will be responsible for ensuring and maintain a robust third party risk framework, designing and validating Third Party Risk Controls, maintaining the Outsourcing and Third-Party Risk Policy and ensuring compliance with regulatory and requirements.

Experience is needed in the PRA, FCA regs space.

What you'll be doing:

  • Manage the annual review of the UK&I Group Outsourcing and Third-Party Risk Policy (GORP) collating feedback from all Business Units and key business functions.
  • Work closely with SMEs such as Operational Resilience, Information Security and other adjacent risk areas and produce regular reporting and monitoring of outsourcing and third-party risks across the UK&I, tracking any gaps through to closure, challenging and escalating where necessary. .
  • Conduct regular Third-Party due diligence/assurance activity.
  • Provide support on various strategic outsourcing related projects involving all business units on topics such as material vendor exit planning/testing, and UK Third Party data processors governance and oversight. Run and/or attend outsourcing and third-party risk workshops to enhance the risk culture across the business and encourage the sharing of best practice.
  • Lead the analysis of any new outsourcing / third party regulation and support audit or audit requests associated with outsourcing and third-party management.