Third Party Risk Management Lead (TPRM)

Beaumont Select Ltd; Greater London; Hybrid; GBP 60,000 - 85,000; Full time

Benefits offered by this job

Competitive salary

Annual bonus

Comprehensive benefits package

Hybrid working

Job summary

Beaumont Select Ltd in London is seeking a seasoned Third-Party Risk Lead to drive the TPRM framework within a major insurer. This role covers due diligence, risk assessments, onboarding, and governance across supplier relationships.

You will collaborate with Procurement, Risk, Compliance, and Operational Resilience to strengthen governance, data quality, and regulatory alignment while mentoring junior staff.

Qualifications

• Experience in Third-Party Risk Management (TPRM) within Financial Services.
• Experience managing supplier onboarding and lifecycle governance.
• Knowledge of PRA and FCA regulatory expectations.

Responsibilities

• Lead third-party due diligence and risk assessments for critical and high-tier suppliers.
• Manage the full supplier lifecycle, including onboarding, ongoing monitoring, incident management, and offboarding.
• Identify, assess, and escalate supplier risks and control weaknesses.
• Maintain the Material Third Party Register and associated governance documentation.
• Ensure all TPRM activities are completed in line with internal frameworks and regulatory requirements.
• Prepare high-quality reporting and governance papers for senior stakeholders.
• Work closely with Procurement, Business Owners, Operational Resilience, Risk and Compliance teams.
• Support audits, regulatory reviews, and remediation activities.
• Drive continuous improvements to TPRM processes, data quality, and governance.
• Mentor and support junior team members where required.

Skills

Third-Party Risk

Stakeholder Management

Analytical Skills

Reporting

Organisational Skills

Mentorship

Tools

TPRM systems

Workday

Job description

Third Party Risk Management Lead (TPRM) | London | Hybrid ~ We're partnering with a leading insurer to recruit a Third-Party Risk Manager to play a key role in the delivery and continual improvement of their Third-Party Risk Management (TPRM) framework...

Are you an experienced Third-Party Risk professional looking to join a well-established global insurance organisation operating in the London Market?

We are partnering with a leading insurer to recruit a Third-Party Risk Manager to play a key role in the delivery and continual improvement of their Third-Party Risk Management (TPRM) framework.

This is an excellent opportunity to work within a highly regulated environment, partnering with Procurement, Operational Resilience, Risk, and senior business stakeholders to ensure third-party relationships are managed effectively throughout their lifecycle.

You will take ownership of the end-to-end management of high-risk and material third-party suppliers, leading due diligence, risk assessments, and onboarding activities while ensuring compliance with regulatory expectations and internal governance standards.

Working within a collaborative and high-performing team, you will help strengthen supplier governance, improve risk processes, and support the organisation's operational resilience objectives.

Key Responsibilities:

• Lead third-party due diligence and risk assessments for critical and high-tier suppliers.
• Manage the full supplier lifecycle, including onboarding, ongoing monitoring, incident management, and offboarding.
• Identify, assess, and escal supplier risks and control weaknesses.
• Maintain the Material Third Party Register and associated governance documentation.
• Ensure all TPRM activities are completed in line with internal frameworks and regulatory requirements.
• Prepare high-quality reporting and governance papers for senior stakeholders.
• Work closely with Procurement, Business Owners, Operational Resilience, Risk and Compliance teams.
• Support audits, regulatory reviews, and remediation activities.
• Drive continuous improvements to TPRM processes, data quality, and governance.
• Mentor and support junior team members where required.

About You:

We are looking for someone who can combine strong technical Third-Party Risk knowledge with excellent stakeholder management skills.

You will ideally have:

• Proven experience within Third Party Risk Management (TPRM) in Financial Services.
• Experience managing supplier onboarding and lifecycle governance.
• Good understanding of third-party risk frameworks and best practice.
• Experience using TPRM systems and tools (Workday experience would be advantageous).
• Knowledge of PRA and FCA regulatory expectations.
• Previous experience within Insurance or the London Market would be highly desirable.

You will Also Bring:

• Excellent analytical and problem-solving skills.
• Strong written documentation and reporting ability.
• Confidence engaging, influencing and constructively challenging senior stakeholders.
• Exceptional attention to detail.
• Excellent organisational skills with the ability to manage multiple priorities.
• A collaborative mindset and passion for continuous improvement.

What is on Offer?

• Join a highly respected global insurance business.
• Work on business-critical supplier risk and operational resilience initiatives.
• Exposure to senior stakeholders across the organisation.
• Hybrid working from modern City of London offices.
• Competitive salary, annual bonus, and comprehensive benefits package.

If you are an experienced Third-Party Risk professional looking for your next challenge within a leading financial services organisation, we would love to hear from you.

***My client is based in London city and will require 3 days a week in the office***