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Third Party Risk Manager £60K

1st Executive Ltd
Closing date
22 May 2022

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Contract Type
Full Time
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Role: Third Party/Supplier Risk Manager

Location: Flexible (WFH)

Salary: Up to £60K + Package

Are you a Third Party Risk Manager with experience of working on TPRM on behalf of 'blue-chip' global clients? This is an exciting opportunity to join a newly formed team who have responsibility for conducting Third Party Risk assessments across the Global Procurement function.


As a Third Party Risk Manager you'll be based within the Procurement Function which is responsible for all aspects of working with supplier resources, from selection to payment and termination of relationships. You will work post implementation of contracts with all suppliers and internal stakeholders across the Organisation to deliver innovative solutions, balancing costs against service levels and risks, enabling the group to achieve its ambition of becoming the bank of choice.

Managing the overall assessment delivery in Central Assessment function, to ensure consistency and compliance with P&SMF methodology (standards, timescales, segmentation, treatment, etc) and SME standards, guidelines and checklists including planning, execution, reporting and follow-up activities
Carrying out assessments of supplier risk and control information in line with P&SMF methodology (timescales, segmentation, treatment, etc) and SME standards, guidelines and checklists, including planning, execution, reporting and follow-up activities, escalating to SMEs by exception
Producing high quality assessment reports, which clearly articulate the control inadequacies/risks and root cause, and detail remediation recommendations
Contributing to supplier assessment planning
Supporting the HoSM through day-day management of the assessment plan and risk reporting, and representing the HoSM at key senior and executive committees and fora
Supporting the wider Central Supplier Management team in delivering the strategic objectives and operational plan
Directly managing 2 Assessment Managers and 3 support colleaguesExperience:

Proven TPRM risk management capability
Excellent communication and relationship management skills
Preferably a degree calibre or other advanced qualification
Self-motivation with an experience of self-starting and an ability to plan, prioritise and organise own workload
Process-orientation and the ability to develop processes for consistent management and oversight
Excellent attention to detail and analytical skills
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