Job Description

• Job Reference:99999CR0223_1677587605

• Job Type: Permanent

• Job Industry: Banking

• Contact Name: Christian Rowles

• Job Location: London

• Job Title: Risk & Third Party Risk Manager (Global Fin-Tech)

• Job Salary: £60000 - £75000 Per Annum

Job Start Date: ASAP

Manager within the second line risk function for all legal entities across the group. Responsible for the identification, remediation and ownership of operational risk, credit risk, market risks, reputational risks, information security, strategic and fraud risk.

The role will also support the Head of Third Party Risk Management in the implementation of the TPRM framework, TPRM/ Risk Management solution and the Due Diligence of Third Parties.

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), On-going 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.
* Co-ordinate 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 in-class TPRM model
* Attend Service Reviews for high-risk third parties and ensure that TPRM is being effectively governed.

Experience and requirements:

* Experience and understanding of third-party 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.