Third Party Risk Manager 75k

1st Executive Ltd; Birmingham; Hybrid; GBP 65,000 - 75,000; Full time

Job summary

An established industry player is seeking a Third Party Risk Manager to oversee and manage risks associated with third-party relationships. This role is pivotal in ensuring services are resilient, secure, and compliant with regulatory standards. You will lead a team of risk professionals and collaborate across departments to implement a comprehensive risk management framework. If you have a deep understanding of risk management in the banking sector and are passionate about compliance and vendor risk assessment, this opportunity offers a chance to make a significant impact in a dynamic environment with excellent benefits.

Qualifications

• Deep understanding of risk management in banking or financial services.
• Experience with third-party risk frameworks and regulatory compliance.

Responsibilities

• Lead a team and serve as the contact for senior leadership on risk issues.
• Develop and maintain a third-party risk management framework.

Skills

Risk Management

Third-Party Risk Management

Regulatory Compliance

Vendor Risk Assessment

Tools

Risk Management Frameworks

Risk Assessment Tools

Job description

Third Party Risk Manager 75k (J691627) Birmingham, England

Salary: GBP65000 - GBP75000 per annum + hybrid working/excellent benefits

Role: Third Party Risk Manager

Salary: Up to £75K + Excellent Corporate Benefits

Location: Birmingham (Hybrid working)

Overview:

Fantastic opportunity with a flagship global retail banking organisation to play a key role in overseeing and managing the risks associated with third-party relationships to ensure services are resilient, secure, and compliant with regulatory standards ensuring risks are managed within appetite.

Responsibilities:

• Lead a team of risk professionals, collaborate with various departments, and serve as the primary point of contact for senior leadership on third-party risk issues.
• Develop, implement, and maintain a comprehensive third-party risk management framework, including policies, procedures, and tools for assessing and monitoring third-party risks.
• Ensure that vendors and partners adhere to the organisation’s risk management policies, regulatory requirements, and industry best practices.
• Assess, monitor, and mitigate risks across the vendor lifecycle, including onboarding, performance management, and termination.

Experience:

• Deep understanding of risk management, with a focus on third-party risk management in the banking or financial services sector.
• Experience in financial services sector risk management methodologies and tools to identify, assess, and manage resilience risks effectively.
• Demonstrate understanding of third-party risk frameworks, including experience in evaluating vendor risks and controls.
• Knowledge of regulatory requirements and compliance standards in the banking industry relevant to third-party risk such as ISO 22301.

Application Process:

Third Party Risk Manager – click apply for next steps.

***All applicants must demonstrate current & valid UK Right to Work***