Third Party Risk Manager
You will be responsible for:
Vendor Management: Lead supplier selection, onboarding, and due diligence, maintaining a centralised vendor register with risk ratings, contract status, and service classifications.
Risk & Compliance: Conduct vendor risk assessments and reviews, ensuring adherence to FCA/PRA regulations, GDPR/UK DPA 2018, ISO 27001, and internal policies; support operational resilience assessments.
Performance & Contracts: Develop SLAs/KPIs, monitor performance, coordinate remediation plans, and manage contracts in collaboration with Legal; act as main liaison with vendors and internal stakeholders.
Governance & Reporting: Maintain audit trails, risk documentation, and performance records; prepare management reports and dashboards; support internal and external audits.
Process Improvement: Identify and implement enhancements to the third-party management framework, promoting best practices in vendor governance and risk mitigation.
Requirements:
Previously worked as a Third Party Risk Analyst, Third Party Risk Officer, Third Party Risk Manager, third party manager, Risk Officer, Risk Analyst, Risk Specialist, Procurement Analyst, Supplier Relationship Manager, Vendor Manager, Supplier Management Analyst, Operational Resilience analyst or in a similar role.
Relevant degree or equivalent qualification.
Minimum 2 years’ experience in third-party/vendor management, procurement, or supplier risk, preferably in financial services.
Understanding of FCA/PRA regulations, operational resilience, ISO 27001, GDPR, and risk management frameworks.
Experience with SLAs/KPIs, contract reviews, and vendor management systems.
Strong stakeholder engagement, communication, and negotiation skills.
Relevant certifications (CTPRP, CRVPM, CIPS) are advantageous.
This is an opportunity to join a growing financial institution and make a tangible impact on third-party governance and operational resilience.
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