Third Party Manager

Insight Investment; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading asset manager is looking for a Third Party Manager to support its Vendor Management team in London. This role, under a 12-month fixed-term contract, will ensure compliance with Third Party Governance regulations and manage vendor performance. The ideal candidate will have a solid understanding of procurement, strong communication skills, and proficiency in Microsoft Office. This position supports internal stakeholders and involves liaising with vendor representatives to manage relationships and compliance effectively.

Qualifications

• Understanding of procurement and third-party risk management processes.
• Robust skills in Microsoft Office software, including Word, Excel, PowerPoint, Access, Project.
• Strong communication skills, both verbal and written.

Responsibilities

• Ensure compliance with Third Party Governance regulations.
• Drive execution of VENDOR policy and framework.
• Provide guidance to stakeholders on third-party governance.

Skills

Procurement knowledge

Supplier relationship management

Third-Party risk management

Microsoft Office proficiency

Commercial Acumen

Strong communication skills

Problem-solving initiative

Job description

Insight Investment is looking for a Third Party Manager to join the Vendor Management team in London for a 12-month fixed-term contract as maternity cover. This role will help ensure Insight’s compliance with Third Party Governance (VENDOR) regulations. It will primarily involve supporting Head of Sourcing and Third Party Management and internal stakeholders with the implementation of policies, consulting and advising business teams, liaising with the corporate (BNYM) VENDOR representatives for completion of all process requirements and reporting and management of vendors as needed.

Role Responsibilities

• Conduct all business transactions in accordance with policies, procedures & guidelines, legal requirements, regulations and ethical standards
• Drive consistent execution of the VENDOR policy and framework, and key deliverables
• Drive adoption of the VENDOR processes, provide guidance to stakeholders on third-party governance, oversight, and risk mitigation.
• Communicate proactively with Head of Vendor Management and escape risks and issues as appropriate.
• Coordinate with internal and external stakeholders and SMEs as appropriate to (a) address third-party issues and (b) manage VENDOR-related audit, regulatory, and risk and control matters
• Provide guidance and assistance to internal stakeholders with preparing for and conducting oversight meetings with Third Parties
• Provide guidance to Engagement Managers (EMs) prior to engaging a third party
• Review and approve Third Party risk assessments (segmentations) submitted by EMs
• Oversee Engagement Managers’ and Executive Sponsors’ execution of required ongoing monitoring activities
• Coordinate business reviews for vendors on a regular basis to help Executive Sponsors and EMs to manage vendor performance
• Oversee timely resolution of third-party issues by EMs and; provide necessary guidance and support. Ensure risk acceptances and documented and approved in compliance with the policy
• Provide third-party risk reporting, including any necessary escalations, to Business Risk Committee and other business stakeholders

Experience Required

• Understanding of procurement, supplier relationship and Third-Party risk management processes and practices
• Robust skills in Microsoft Office software, including Word, Excel, PowerPoint, Access, Project
• Commercial Acumen
• Ability to meet project objectives within designated constraints
• Solution oriented, strives to meet or exceed stakeholder expectations
• Strong communication skills, both verbal and written (including PowerPoint)
• Takes the initiative in researching solutions to technology problems

Insight is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief and sexual orientation. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [e-mail]

About Insight Investment

Insight Investment is a leading asset manager focused on designing investment solutions to meet its clients’ needs. Founded in 2002, Insight’s collaborative approach has delivered both investment performance and growth in assets under management. Insight manages assets across its core liability-driven investment, risk management, full-spectrum fixed income, currency and absolute return capabilities.

Insight has a global network of operations in the UK, Ireland, Germany, US, Japan and Australia. More information about Insight Investment can be found at: www.insightinvestment.com