Third-Party Risk Specialist

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Full time
Location: City of London
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Job offered by: Austin Fraser
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Category:
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

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