Job Overview
A leading insurance company in the UK is seeking an experienced Third-Party Risk Manager to join their team in Whiteley. This is a key role that involves detecting and analysing risks from vendors, suppliers and partners.
Key Responsibilities
* Conduct thorough risk assessments and checks on third-party vendors and suppliers to identify potential data privacy, cybersecurity or financial health related risks and determine their impact on the business.
* Monitor compliance with policies, procedures and requirements governing the implementing of the TPRM Framework and policies, including ones relating to onboarding and offboarding.
* Oversee third-party performance and compliance against contractual obligations, including SLAs and controls, while tracking potential and ongoing third-party risks.
Requirements
* Experience gained from within a fully regulated industry, preferably in the insurance sector.
* Specific knowledge and experience of third-party risk management frameworks and best practices.
* Substantial experience conducting risk assessments and audits on suppliers, vendors and partners.
* Familiarity with regulations and industry standards such as GDPR, DORA and ISO 27001.
Benefits
This is an exciting opportunity for a motivated individual to join a growing business and contribute to its success. The successful candidate will receive a competitive salary of £50,000, a comprehensive benefits package including pension and holiday entitlement, and opportunities for career growth and professional development.