Senior Consultant - Risk Transformation - Third Party Risk Management

Ernst & Young Advisory Services Sdn Bhd; Sydney; Hybrid; AUD 120,000 - 190,000; Full time

Benefits offered by this job

Flexible work arrangements

Career development

Comprehensive benefits package

Job summary

EY is seeking a Senior Consultant to lead Risk Transformation in Third Party Risk Management in Sydney. You will help clients identify, assess and manage third-party risks across the lifecycle, delivering practical solutions in a collaborative team.

The role offers hybrid working options, flexibility with hours, and opportunities to shape risk programs for public and private sector clients across Australia and Oceania.

Qualifications

• Experience in risk management, governance, compliance, or audit roles within professional services, blue-chip, or government organisations.
• Demonstrated knowledge of third-party risk management concepts, risk and control frameworks (COSO, ISO, NIST), and regulatory requirements relevant to TPRM (SoCI, Privacy Act, Modern Slavery, CPS 230).
• Familiarity with TPRM and/or GRC tools and technologies (Archer, ServiceNow, SAP, ProcessUnity).
• Experience supporting or conducting third-party risk assessments, including planning, execution, and reporting.
• Understanding of the diverse risk landscape across cyber, privacy, regulatory, and operational domains.
• Strong analytical and problem-solving skills with excellent written and verbal communication; ability to work in teams and manage multiple priorities.

Responsibilities

• Contribute to the delivery of TPRM and risk transformation engagements, supporting design, implementation, and improvement of third-party risk programs.
• Assist with current state assessments, develop risk strategies, and support the build and operation of TPRM frameworks, tools and processes.
• Work with clients to identify, assess, and manage third-party risks including cyber, privacy, regulatory, financial, operational, and reputational risks.
• Support preparation and review of client deliverables, ensuring high-quality outcomes and compliance with standards.
• Collaborate with engagement teams and maintain productive client relationships, contributing to a positive team culture.

Skills

Risk management

Governance

Compliance

Audit experience

TPRM concepts

Written & verbal communication

Tools

Archer

ServiceNow

SAP

ProcessUnity

Job description

Senior Consultant - Risk Transformation - Third Party Risk Management

Location: Sydney

Other locations: Primary Location Only

Date: 17 Sept 2026

Requisition ID: 1634766

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

Senior Consultant - Risk Transformation - Third Party Risk Management

The opportunity

Join our Risk Transformation team and help organisations across Australia and Oceania strengthen their performance and build trust through innovative third-party risk management (TPRM) solutions. As a Senior Consultant specialising in TPRM, you’ll work with leading public and private sector clients, supporting them to identify, assess, and manage third-party risks throughout the lifecycle. You’ll be part of a collaborative, credentialed team delivering practical solutions and helping clients build resilience.

This is a hybrid position based in Warrang – Sydney.Our roles can potentially be adjusted to work flexibly with reduced hours. Please speak with us about potential options.

Your key responsibilities

• Contribute to the delivery of TPRM and risk transformation engagements, supporting the design, implementation, and improvement of third-party risk management programs.
• Assist with current state assessments, develop risk strategies, and support the build and operation of TPRM frameworks, tools, and processes.
• Work with clients to identify, assess, and manage third-party risks, including cyber, privacy, regulatory, financial, operational, and reputational risks.
• Support the preparation and review of client deliverables, ensuring high-quality outcomes and compliance with relevant standards and frameworks.
• Collaborate with engagement teams and maintain productive client relationships, contributing to a positive team culture and knowledge sharing.

Skills and attributes for success

• Experience in risk management, governance, compliance, or audit roles within professional services, blue-chip, or government organisations.
• Demonstrated knowledge of third-party risk management concepts, risk and control frameworks (e.g. COSO, ISO, NIST), and regulatory requirements relevant to TPRM (e.g. SoCI, Privacy Act, Modern Slavery, CPS 230).
• Familiarity with TPRM and/or GRC tools and technologies (e.g. Archer, ServiceNow, SAP, ProcessUnity).
• Experience supporting or conducting third-party risk assessments, including planning, execution, and reporting.
• Understanding of the diverse risk landscape associated with third parties, such as cyber, privacy, business continuity, regulatory, and operational risks.
• Strong analytical and problem-solving skills, with excellent written and verbal communication abilities and the ability to work effectively in teams, manage multiple priorities, and deliver high-quality work in a fast-paced environment.

Ideally, you’ll also have the skills and attributes below but don’t worry if you don’t tick all the boxes. We’re interested in your aptitude, attitude and willingness to learn.

• Risk and/or project, program or equivalent certifications are highly desirable.
• Experience in supervising a team, projects or processes to completion.
• Proven solid analytical and problem-solving skills; excellent writing and communication skills.
• Australian citizenship and baseline security clearance (or willingness to obtain) is a bonus.

What we offer you

At EY, we’ll fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. We’re proud to be recognised as the #1 WORK180 Endorsed Employer in the Top 101 Employers for Women 2026. Learn more .

• Career development:At EY, your career is yours to shape!We’ll develop you with future-focused skills and equip you with world-class experiences ey.com/au/careerdevelopment
• Flexible work arrangements:Our flexible work policies empower you to balance your professional and personal life, fostering a culture of trust and autonomy.
• A comprehensive benefits package: From a yearly wellness incentive, to access to additional 8 weeks of flex leave per year, and family-friendly policies, including up to 26 weeks of gender-neutral paid parental leave, we cater to your diverse needs to help you thrive both personally and professionally www.ey.com/au/benefits
• Salary:We offer a competitive salary which is open to negotiation pending on skills and experience.

Acknowledgement of Country

EY acknowledges the Traditional Owners and Custodians of the lands on which EY offices are located around Australia. We pay our respects to their cultures, and to their Elders — past, present, and emerging. Find out more about our vision for reconciliation at ey.com/en_au/careers/indigenous

Inclusiveness is core to who we are and how we work together, driving value for our people and for our business. We encourage applications from people of all ages, nationalities, abilities, cultures, sexual orientations, and gender identities and are committed to providing an equitable and barrier free recruitment experience for all. We encourage you to share any support and adjustments you need to be your best and participate equitably in our recruitment process. We understand sharing your needs with us can be daunting, so if you have questions before or during your application, we welcome you to get in touch at [e-mail] or [phone] (option 2). Anything you tell us will be kept completely confidential.

EY | Building a better working world

Our preferred applicant will be required to undertake employment screening by EY or our external third-party provider.