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Third Party Risk Manager - £90K

Third Party Risk Manager - £90K

  • Location

    London

  • Sector:

    Procurement, Risk and Compliance

  • Job type:

    Permanent

  • Salary:

    £80000 - £90000 per annum + Excellent Corporate Benefits

  • Contact:

    Richard Shelley

  • Contact email:

    richard.shelley@1st-executive.com

  • Job ref:

    J692366T_1770310939

  • Published:

    about 5 hours ago

  • Expiry date:

    2026-03-07

  • Startdate:

    ASAP

Third Party Risk Manager

Permanent

Salary: Up to £90K + Package

Location: Central London (Hybrid)

Supplier risk isn't a side issue anymore - it's front and centre. If you thrive on shaping frameworks, navigating complex regulation and influencing how organisations manage third-party risk at scale, this role has your name on it.

We're looking for a Thurd Party Risk Manager to lead the redesign and evolution of our Supplier Risk Operating Model, ensuring it's fit for the future and aligned with fast-moving UK and European regulatory expectations.

What you'll be doing:

This is a high-impact role with real visibility. You'll act as the subject-matter expert for TPRM, combining strategic design with hands-on delivery across business-as-usual activity and major regulatory change.

You'll:

  • Lead the review, redesign and enhancement of the Supplier Risk Operating Model - from policies and processes to governance, segmentation and RACI models

  • Assess current maturity, identify gaps and deliver clear, prioritised recommendations aligned to best practice

  • Own BAU supplier risk regulatory compliance across UK and EU requirements

  • Lead the DORA supplier risk workstream, including ICT third-party classification, oversight and regulatory readiness

  • Act as the primary point of contact for European supplier risk engagement

  • Lead supplier-related workstreams for major regulatory initiatives (including DyGIST and SS5/25)

  • Partner closely with Risk, Legal, Compliance, IT, Security, Data Protection and Operational Resilience teams

  • Provide expert challenge and advice on high-risk suppliers, material outsourcing and concentration risk

  • Support senior leadership and governance forums with insight, analysis and clear recommendations

  • Stay ahead of emerging risks, regulatory change and industry trends

  • Step in during supplier incidents or disruptions to support crisis management

What you'll bring:

You're confident operating in complex, regulated environments and comfortable translating regulation into practical action.

You'll have:

  • Significant experience in Supplier / Third-Party Risk Management within Financial Services

  • Deep expertise in supplier assurance, due diligence and audit

  • Strong knowledge across key risk domains including cyber, information security, BCM, operational resilience, exit planning, GDPR, financial crime, modern slavery and sustainability

  • A solid grasp of the regulatory landscape, including DORA, EBA Outsourcing Guidelines, SS1/21, SS2/21, SYSC 8, SS5/25, DyGIST and Operational Resilience frameworks

  • Experience working with TPRM systems and supplier risk data (bonus points for FSQS or Agiloft)

  • The confidence to influence senior stakeholders and challenge constructively

Great if you also have:

  • Strong analytical skills and the ability to simplify complex regulation

  • Experience designing and improving end-to-end processes

  • Proven delivery in large-scale regulatory or transformation programmes

  • Excellent planning, prioritisation and stakeholder management skills

Why join?

You'll be joining a business where third party risk genuinely matters - not just for compliance, but for resilience, reputation and long-term success. This is a chance to shape strategy, influence senior decision-making and leave a lasting mark on how supplier risk is managed across the organisation.

A competitive salary and benefits package is on offer, alongside the opportunity to work with engaged, knowledgeable teams tackling some of the most important risk challenges in Financial Services today.

***Applicants must hold current and valid UK Right to Work***