Head of Third-Party Risk Management

As part of the senior leadership team within Risk, reporting directly to the Chief Risk Officer, the Head of Third-Party Risk Management (TPRM) will lead the TPRM team and be responsible for all activities relating to the effective management and governance of third-party risk across external and intra-group supplier engagements including outsourcing. You will play a key role in supporting the Group’s approach to all TPRM-related activities.

As the Third-Party Risk Management Lead you will be responsible for coordinating vendor risk assessment, onboarding, in-service monitoring, regular due diligence in accordance with the framework, and preparing regular reporting on TPRM matters.

You will work with other departments across the group, including Risk, Compliance, Product & Technology, Operations, Customer Care, Procurement, and Legal to continually improve procedures, tools, and controls to ensure compliance with regulatory standards and best practices for third-party risk.

You will be responsible for:

• Key point of contact for stakeholders, leading them through the TPRM processes outlined in the policy and framework.
• Coordinating and periodic vendor due diligence activities, internal assessments, and completing subsequent risk assessments and reporting.
• For vendor in-service monitoring, supporting third-party service reviews where appropriate ensuring TPRM is being effectively governed by service receivers.
• Ensuring that inherent risks and control gaps are accurately identified and remediated.
• Performing data analysis and reporting on supplier risks and governance, including data quality reviews and trend analysis.
• Providing guidance on supplier governance and assurance activities applicable to individual supplier engagements, leveraging your network of subject matter experts from other teams as needed.
• Monitoring and supporting ongoing compliance to Policy, including ensuring quality and integrity of supplier assurance data captured in data repositories.
• Providing training to business stakeholders on best practices relating to supplier governance and specific processes and requirements.
• Supporting the delivery of key projects, collaborating in the production and maintenance of internal documentation, identifying opportunities for innovation and improvement, and delivering value across a range of initiatives relating to supplier governance.
• You will bring experience of managing vendor onboarding, from a TPRM compliance perspective, and detailed knowledge of relevant Financial Services regulations.
• Strong data analytical capabilities: Microsoft Excel, PowerPoint, and Word skills are critical.

You should apply if you have:

• Bachelor’s degree in Risk Management, Business, or a related field.
• Experience of risk management at a middle level in a large or complex organization.
• Experience of identifying and managing TPRM risk.
• Experience of key regulatory requirements including EBA Guidelines and DORA requirements.
• Postholder must have the right to work in the country based.

Desirable

• Professional certification in risk management.

We offer an abundance of competitive perks and benefits including:

• Opportunity to earn an annual bonus.
• Great career growth and development opportunities in a global organization.
• A flexible approach to work (2-3 days a week at the office).
• Generous insurance (health, disability, life).
• Paid holidays, time-off, and leave policies for life events (maternity, paternity, adoption).
• Paid wellness days (3 days per year).
• Paid volunteering opportunities (5 days per year).

There are plenty of amazing opportunities at Convera for talented, creative problem solvers who never settle for good enough and are looking to transform Business to Business payments. Apply now if you’re ready to unleash your potential!

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