INTERIM Third Party Risk Specialist - £365 p/d (Inside)

1st Executive Ltd; City of Edinburgh; On-site; GBP 75,000; Full time

Job summary

A leading UK Financial Services organisation is seeking an Interim Third Party Risk Specialist for an initial 6-month contract. The role involves managing Third Party Risk processes, ensuring compliance with regulations, and supporting supplier management activities. Ideal candidates will have experience in regulated environments and strong communication skills.

Qualifications

• Experience in a regulated environment and/or with suppliers.
• Understanding of the regulatory environment related to Third Party Risk Management.
• Knowledge of SS2/21.

Responsibilities

• Ensuring Third Party Management meets regulatory requirements.
• Participating in the development of the Supplier Management Framework.
• Providing input into reporting on third-party assessments.

Skills

Knowledge of Third Party Risk processes

Excellent interpersonal skills

Communication skills

Confidence in presenting

Job description

INTERIM Third Party Risk Specialist - £365 p/d (Inside)

Overview:

An initial 6-month interim contract (Inside IR35) to support Third Party Risk Management activities within a leading UK Financial Services organisation.

Role:

1. Ensuring Third Party Management meets regulatory requirements and risks are managed within the Bank's risk appetite.
2. Actively participating in the development of the Supplier Management Framework and supporting activities.
3. Contributing to Third Party Management reporting.
4. Ensuring procurement policies and processes align with our organisational strategy and values, enabling business growth through third-party contracting.
5. Supporting Supplier Relationship Managers and business areas with Third Party Management across the bank, providing guidance, challenge, and reviewing inputs.
6. Providing input into reporting on third-party assessments, including trend analysis and key insights.
7. Developing, supporting, and continually improving Third Party Management processes.
8. Supporting the delivery of training on risk and assurance activities for our team, SRMs, and stakeholders.
9. Collaborating with the Third Party Management Teams to develop future policies and frameworks, ensuring compliance and best practices.

Experience:

• Knowledge of Third Party Risk processes.
• Understanding of the regulatory environment related to Third Party Risk Management.
• Confidence in presenting to large groups on Third Party Management topics.
• Experience working in a regulated environment and/or with suppliers.
• Knowledge of SS2/21.
• Excellent interpersonal and communication skills with the ability to influence collaboratively.

***All applicants must hold current and valid UK Right to Work***