3rd Party Risk Consultant

ICONMA; Brighton; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial group company is seeking a 3rd Party Risk Consultant to design and enhance the third-party risk management framework. The successful candidate will be responsible for identifying, assessing, and supporting risk mitigation strategies for third-party relationships. They will work collaboratively across various departments while conducting risk assessments, managing projects, and developing training programs. The role requires strong analytical skills and substantial experience in managing vendor relationships, ensuring compliance with regulatory standards.

Benefits

Health Benefits

Referral Program

Excellent growth and advancement opportunities

Qualifications

• 4-7 years in third-party risk management, vendor management, supply chain, or risk-related functions.
• Experience in leading complex projects and implementing risk management frameworks.
• Proficiency in using risk management software and vendor management tools.

Responsibilities

• Design and build the TPRM framework and program as per industry best practices.
• Support risk mitigation strategies for third-party relationships ensuring compliance.
• Collaborate with various stakeholders across the vendor lifecycle.

Skills

4-7 years of experience in TPRM, vendor management, supply chain, procurement

Proficiency in developing and managing IRQ and DDQ

Strong analytical acumen

Exceptional oral and written communication skills

Strong relationship development skills

Excellent PowerPoint & Excel skills

Education

Bachelor’s degree in Business, Economics, Finance, Business Analytics, Management

Job description

Our Client, a Financial Group company, is looking for a 3rd Party Risk Consultant for their Brighton, MA / New York, NY location.

Responsibilities:

• Design, build, and continuously iterate the TPRM framework and program to ensure it evolves with the company's needs and industry best practices
• Identify, assess, and support risk mitigation strategies associated with third‑party relationships, ensuring compliance with regulatory standards, and supporting business objectives through effective risk management practices
• Ensure appropriate risk mitigation strategies are implemented, including conducting due diligence, risk assessment, and on‑going monitoring of third parties
• Support the day‑to‑day operations of the TPRM function while driving strategic initiatives to enhance the program’s effectiveness
• Collaborate and partner across the firm with various stakeholders across the vendor lifecycle including but not limited to sourcing, procurement, vendor management, compliance, information security, and legal
• Interface with business and key stakeholders to assess and monitor the firm’s vendor inventory
• Develop and maintain risk metrics and dashboards to provide clear, actionable insights into third‑party risk exposure
• Drive automation of TPRM processes and reporting to enhance efficiency and accuracy
• Develop and maintain procedural documentation to assist in standardizing the Client vendor processes
• Conduct quality review of responses obtained on various onboarding and risk diligence forms
• Develop and conduct training sessions and awareness programs for internal stakeholders on third‑party risk management practices and protocols

Requirements:

• 4-7 years of experience in TPRM, vendor management, supply chain, procurement, and/or a risk related function
• Work experience at a Client company, engaging with individuals in different positions, across all levels
• Proficiency in developing and managing IRQ and DDQ within TPRM platforms and familiarity with risk management software and vendor management tools
• Demonstrated experience in leading and managing complex projects, with a track record of successfully implementing risk management frameworks and processes
• Bachelor’s degree in Business, Economics, Finance, Business Analytics, Management, or significant experience and understanding of risk management or the supply chain processes
• A proactive approach with a strong bias for taking action and driving results
• High analytical acumen along with a solid business sense that guides ROI-based prioritization and decisions
• Strong understanding of Third-Party Risk Management processes, frameworks and best practices
• Exceptional oral and written communication skills
• Ability to effectively interface with people at all levels, globally
• Excellent PowerPoint & Excel skills; SQL or technical skills are a plus
• A curious nature with a passion for innovation and continuous improvement
• Proven ability to manage multiple demands and projects in a fast‑paced work environment, including ability to prioritize time efficiently and handle heavy workloads while remaining attentive to detail
• Maturity, presence, sound judgment, and ability to form and express opinions effectively
• Strong relationship development skills, including over the phone with global teams and with individuals of whom work is being requested

Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities

As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.