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Third Party Risk Manager 75k, Birmingham
Client:
1st Executive Ltd
Location:
Birmingham, United Kingdom
Job Category:
Finance
EU work permit required:
Yes
Job Reference:
f8f7629a8477
Job Views:
5
Posted:
14.02.2025
Expiry Date:
31.03.2025
Job Description:
Role: Third Party Risk Manager
Salary: Up to £75K + Excellent Corporate Benefits
Location: Birmingham (Hybrid working)
Overview:
Fantastic opportunity with a flagship global retail banking organisation to play a key role in overseeing and managing the risks associated with third-party relationships to ensure services are resilient, secure, and compliant with regulatory standards ensuring risks are managed within appetite.
Responsibilities:
* Lead a team of risk professionals, collaborate with various departments, and serve as the primary point of contact for senior leadership on third-party risk issues.
* Develop, implement, and maintain a comprehensive third-party risk management framework, including policies, procedures, and tools for assessing and monitoring third-party risks.
* Ensure that vendors and partners adhere to the organisation's risk management policies, regulatory requirements, and industry best practices.
* Assess, monitor, and mitigate risks across the vendor lifecycle, including onboarding, performance management, and termination.
Experience:
* Deep understanding in risk management, with a focus on third-party risk management in the banking or financial services sector.
* Experience in financial services sector risk management methodologies and tools to identify, assess, and manage resilience risks effectively.
* Demonstrate understanding of third-party risk frameworks, including experience in evaluating vendor risks and controls.
* Knowledge of regulatory requirements and compliance standards in the banking industry relevant to third-party risk such as ISO 22301.
***All applicants must demonstrate current & valid UK Right to Work***
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