A high-growth business in the Insurance sector is searching for a Third-Party Risk Manager to join the team in the Whiteley area.Your Role:While in this position your duties may include but will not be limited to:
1. Undertaking thorough risk assessments and checks on third-party vendors and suppliers and identifying potential data privacy, cybersecurity or financial health related risks and determine the impact of these risks on the business
2. Monitoring the compliance with policies, procedures and requirements, governing the implementing of the TPRM Framework and policies including ones relating to onboarding and offboarding, whilst also supporting the development of exit plans for the potential needs in cases of contract termination
3. Overseeing third-party performance and compliance against contractual obligations, including SLAs and controls, as well as tracking potential and ongoing third-party risks, whilst providing regular reported updates to senior management and maintaining all information required on a database of third-party risk assessments and performance metrics
4. Ensuring compliance with regulations such as DORA and GDPR as well as industry standards, by conducting regular audits and assessments and collaborating with the legal teams to ensure that all vendor contracts include relevant information and narrative about risk and security clauses
5. Appropriately investigating third-party related incidents ...