Third Party Risk Manager Global Fin-tech - London, United Kingdom - Portfolio Procurement

Tom O´Connor

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Tom O´Connor

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Description

A brand new and amazing Manager role within a small but highly focused TPRM team where there would be some limited scope to expand into the other areas of risk management, working for a global market leader in the Investements/Fin-Tech industry.


The role would report into the Head of Third-Party Risk Management who is responsible for the development of the TPRM strategy and its execution across the organisation.


Role and responsibilities:

  • Support the Head of TPRM in developing and maintaining the TPRM policy and strategy.
  • The development of processes across the Sourcing/ TPRM lifecycle ranging from Third Party Assessment (IRQs through DDQs), Ongoing Monitoring and Exit Management.
  • Ensuring that inherent risks and control gaps are accurately identified and remediated.
  • Manage the Outsourcing register including 4th parties and that it is accurately maintained.
  • Coordinate the distribution of due diligence questionnaires to all suppliers, analysing responses and remediating issues where appropriate.
  • Supporting the configuration of a TPRM solution and its implementation to help achieve a best inclass TPRM model
  • Attend Service Reviews for highrisk third parties and ensure that TPRM is being effectively governed.

Experience and requirements:

  • Experience and understanding of thirdparty risk management, process mapping, bottle neck identification and associated control remediation.
  • Proven experience of implementing third party management frameworks in financial services.
  • Knowledge and insight of regulatory requirements and expectation on third party risk management.
  • Experience of building third party risk management processes / platforms from the ground up.
  • Proven experience of successfully managing and delivering risk and control assessments.
  • Experience in identifying and assessing IT risks and controls.
  • Third party risk management experience ideally within the finance sector.
  • Operational Control or Operational Risk Management experience / knowledge.
  • Knowledge of the EBA guidelines on outsourcing.
  • Professional risk management/ Contract Management or a Procurement qualification would be beneficial.

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