Third Party Risk Manager

Bank Vontobel

Zürich

On-site

CHF 120,000 - 180,000

Full time

2 days ago
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Benefits offered by this job

Free lunch
Open office environment
Career development

Job summary

Bank Vontobel in Zurich seeks a Third Party Risk Management Specialist to own the execution and development of the bank's TPRM processes, collaborating with Business Owners, Procurement, Legal, Compliance and Risk functions.

You will manage onboarding, due diligence, risk assessments, data quality and annual reviews across the vendor lifecycle, delivering reports and driving improvements. The role will move to Baar in 2030 and involves AI-enabled tools.

Qualifications

  • Bachelor's degree in Business Administration, Finance, Law, Risk Management or related field.
  • Initial professional experience in Procurement, Risk Management, Compliance or Vendor Management.
  • Interest in third-party risk management and regulatory topics.

Responsibilities

  • Own onboarding, due diligence and re-assessment activities from initiation through completion.
  • Conduct vendor risk assessments, document results and ensure identified risks and actions are addressed.
  • Maintain vendor inventory and ensure data completeness, accuracy and quality.
  • Plan, coordinate and complete annual reviews and continuous monitoring activities.
  • Produce reports, presentations and management information on third-party risks, trends and actions.
  • Manage TPRM-related governance, audit and regulatory reporting activities.
  • Drive continuous improvement of TPRM processes, templates and tools.
  • Engage Business Owners and control functions to ensure timely assessments, reviews and remediation actions.
  • Manage audit, regulatory and control-related requests concerning third-party risk management.
  • Oversee TPRM activities across full vendor lifecycle: onboarding, monitoring, re-assessment, offboarding.

Skills

Vendor risk management
Procurement
Compliance
Risk assessment
Regulatory topics
Stakeholder coordination
English proficiency
German helpful

Education

Bachelor in Business Administration

Job description

Join the team at the heart of vendor governance and risk management. In this role, you'll oversee third-party assessments, challenge risks, and help strengthen Vontobel's control environment across the entire vendor lifecycle.

What would your role be?

As a Third Party Risk Management Specialist, you will own the execution and ongoing development of Vontobel's Third Party Risk Management (TPRM) processes. You will work closely with Business Owners, Procurement, Legal, Compliance and Risk functions and be accountable for ensuring that third-party relationships are assessed, documented and monitored in line with internal requirements and regulatory expectations.

Your responsibilities include:

  • Owning vendor onboarding, due diligence and periodic re-assessment activities from initiation through completion.
  • Conducting vendor risk assessments, documenting results and ensuring identified risks and actions are appropriately addressed.
  • Maintaining the vendor inventory and ensuring the completeness, accuracy and quality of third-party data.
  • Planning, coordinating and completing annual review and continuous monitoring activities.
  • Producing reports, presentations and management information on third-party risks, trends and required actions.
  • Managing TPRM-related governance, audit and regulatory reporting activities.
  • Driving the continuous improvement of TPRM processes, templates and tools.
  • Engaging Business Owners and control functions to ensure assessments, reviews and remediation actions are completed accurately and on time.
  • Managing audit, regulatory and control-related requests concerning third-party risk management.
  • Overseeing TPRM activities throughout the full vendor lifecycle, including onboarding, monitoring, re-assessment and offboarding.
What are we looking for?
  • Bachelor's degree or equivalent qualification in Business Administration, Finance, Law, Risk Management or a related field.
  • First professional experience in Procurement, Risk Management, Compliance, Vendor Management or a similar area.
  • Interest in third-party risk management and regulatory topics.
  • Structured and detail-oriented working style.
  • Strong organisational and coordination skills.
  • Ability to collaborate with stakeholders across different functions.
  • Good analytical skills and willingness to learn.
  • Excellent command of English; German is an advantage.
  • Affinity for Artificial Intelligence (AI) and a willingness to embrace AI-enabled tools and ways of working.
What do we offer?
  • Top Zurich location with collaboration spaces and free lunch.
  • Friendly, diverse team in an open-office space.
  • All the latest technology to help you excel and advance.
  • Agile environment in how we think, the way we work and our trust for each other.
  • Flat hierarchy with collaboration at all levels.
  • Campus feeling and a collaborative spirit.
Location Requirement

This role is based in Zurich but will move to Baar in 2030, ensuring close alignment with key stakeholders in the business.

Why Vontobel?

At Vontobel, you are building better futures for our clients and society, as well as for yourself. By 2030, we want to be known as one of the leading and most trusted global investment firms. We have 2,300+ engaged professionals, based in 25+ locations globally and headquartered in Zurich. We are both majority family-owned and publicly listed. Our capacity for long-term focus, on topics such as sustainability, is underpinned by the security of the family's 100-year commitment. Driven by an ownership mindset, you can unlock your potential and translate insights into opportunities. We are hiring talented individuals who are determined to deliver in a changing world and who come from a wide variety of backgrounds.

Do you want to be Vontobel?

At Vontobel, we are an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity.

We value the many voices within our teams and are committed to creating an environment where everyone who wants to be part of our performance culture can be themselves. It is based on mutual respect and zero tolerance for any form of discrimination.

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