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- Tasks: Lead third-party risk assessments and ensure compliance with management policies.
- Company: Join a leading bank in Greater London, shaping financial services.
- Benefits: Enjoy a 6-month contract with potential for growth and valuable experience.
- Why this job: Make an impact by managing risks and building relationships in a dynamic environment.
- Qualifications: Experience in third-party management and strong communication skills are essential.
- Other info: Related certifications like CPA or CFA are preferred.
The predicted salary is between 43200 - 72000 £ per year.
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Senior Third Party Risk Management, Greater London
Client:
Location:
Greater London, United Kingdom
Job Category:
Finance
EU work permit required:
Yes
Job Reference:
52430f779930
Job Views:
7
Posted:
03.03.2025
Expiry Date:
17.04.2025
Job Description:
Hays are recruiting for a senior Third Party Risk contractor to join a leading Bank for a 6-month initial period. The team is responsible for overseeing the risks associated with the use of third-party providers. You will be responsible for supporting the implementation of the Third-Party Management Policy and Alternative Control Framework Third Party Management Standard across the business. Further duties will include:
- Support the implementation of the Third-Party Management Policy and Alternative Control Framework Third Party Management Standard.
- Drive the completion of third-party risk assessments partnering with Market Business Activity Owners and internal functions.
- Identify, monitor, track and escalate issues requiring remediation.
- Ensure the program expectations are met and exceeded including relationships being captured in a centralised inventory and risk assessments being performed in a timely and accurate manner.
- Build and maintain an excellent relationship with Business Activity Owners, Enterprise Third Party Management, Operational Risk Management and other stakeholders.
- Assist in creating and submitting timely governance updates on progress against plan, key issues identified and escalating accordingly.
Experience required includes:
- Experience in Third-Party Management, with knowledge of assessing third party risk and associated control requirements within a global financial services organisation.
- Project management, process improvement, change management, governance, and technology within regulated and complex environments.
- Excellent communication and interpersonal skills, including the ability to effectively interact with and influence management and lines of defence partners.
- Strong planning and organising skills with the ability to manage and prioritise responsibilities through the effective use of time management and organisational techniques.
- Related certifications (CPA, ACA, CFA, CIA, ACCA, CISA or similar) preferred.
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Senior Third Party Risk Management employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Third Party Risk Management
✨Tip Number 1
Make sure to familiarize yourself with the specific Third-Party Management Policy and Alternative Control Framework that the bank uses. Understanding these frameworks will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Network with professionals in the finance sector, especially those who have experience in third-party risk management. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with project management and process improvement in detail. Be ready to share specific examples of how you've successfully managed third-party risks in previous roles.
✨Tip Number 4
Highlight any relevant certifications you hold, such as CPA, ACA, or CISA, during your conversations. These credentials can set you apart from other candidates and show your commitment to the field.
We think you need these skills to ace Senior Third Party Risk Management
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Senior Third Party Risk Management position. Understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in Third-Party Management and any relevant certifications. Be specific about your past roles and how they relate to the responsibilities outlined in the job description.
Showcase Communication Skills: Since excellent communication and interpersonal skills are crucial for this role, provide examples in your application that demonstrate your ability to effectively interact with stakeholders and influence management.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the specific requirements of the job. Mention how your skills and experiences align with the company's needs and express your enthusiasm for the opportunity.
How to prepare for a job interview at TN United Kingdom
✨Understand Third-Party Risk Management
Make sure you have a solid grasp of third-party risk management principles. Be prepared to discuss your experience in assessing third-party risks and how you've implemented policies in previous roles.
✨Showcase Your Communication Skills
Since the role requires excellent communication and interpersonal skills, think of examples where you've effectively interacted with stakeholders. Highlight situations where you influenced management or collaborated with different teams.
✨Demonstrate Project Management Experience
Be ready to talk about your project management experience, especially in regulated environments. Discuss specific projects where you drove process improvements or managed change effectively.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of potential challenges in third-party risk management and how you would address them, showcasing your analytical skills.
