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A global insurance company is looking for a Third-Party Risk Specialist to join their growing TPRM team.
To succeed in this role, you'll need experience working with third-party suppliers on risk, due diligence, and assurance, ideally but not essentially within a financial services environment.
You'll work as a point of contact for the Supplier Relationship Management (SRM), Procurement and Sourcing teams to ensure their risk activity runs efficiently and in line with all regulatory requirements.
This is a newly created standalone role, reporting directly into the Head of SRM for the UK.
The working policy is flexible, with visits to the London or Surrey office once or twice a month.
Key Responsibilities
Support relevant Business Owners with TPRM lifecycle activities, including risk assessments
Oversee timely third-party remediation activities and related reporting
Assist with onboarding new third parties, ensuring due diligence is completed
Help define and execute exit plans with relevant functions
Maintain stakeholder relationships, ensure compliance, and manage third-party data accuracy
Support audit responses and provide feedback to improve TPRM policies Key Skills
Knowledge and understanding of Procurement and risk management processes, specifically due diligence, risk assessment and remediation activities
Understanding of supplier assurance and relationship management practises
Understanding of corporate risk/risk management, preferably through experience working in Banking and or Insurance sectors in Assurance / TPRM roles
Track record of accuracy and attention to detail
Strength in organisation and planning to ensure that deadlines and business objectives are met within fast paced environments
Proactive approach to personal learning and development
Self-motivated and capable of setting personal goals and achievement targets Key Benefits
Up to £55,000 salary
Flexible buy/sell holiday options
Annual performance-related bonus
Contributory pension scheme