At a Glance
- Tasks: Manage third-party risk and ensure compliance while improving supplier performance.
- Company: Join a leading financial services organisation focused on risk management and supplier optimisation.
- Benefits: Enjoy remote work, a £68K salary, bonuses, and generous pension contributions.
- Why this job: Be part of a dynamic team that values stakeholder engagement and offers impactful training opportunities.
- Qualifications: TPRM experience in financial services and a degree are essential; CIPS preferred.
- Other info: Flexible benefits include health perks, employee discounts, and holiday trading options.
The predicted salary is between 68000 - 95200 £ per year.
A leading financial services organisation is seeking a TPRM & Supplier Manager to strengthen third-party risk management across the business. This role focuses on ensuring compliance with the TPRM framework, improving supplier performance, and supporting sourcing activity. Ideal for someone with strong stakeholder management skills and deep experience in third-party risk within a regulated environment.
Key Responsibilities:
- Drive adoption of the TPRM framework and support BRMs in executing risk assessments
- Ensure regulatory compliance across the third-party lifecycle
- Deliver training, guidance, and TPRM clinics to improve business-wide capability
- Conduct QA reviews, monitor sub-outsourcing, and manage remediation activities
- Support sourcing and supplier optimisation initiatives
- Prepare reports for governance and risk forums
Essential Skills & Experience:
- TPRM experience in financial services
- Strong understanding of sourcing and commercial terms
- Knowledge of relevant regulatory requirements
- Excellent stakeholder engagement and communication skills
- Financial literacy and advanced MS Office skills
- Degree required; CIPS or similar qualification preferred
Package:
- Basic salary: £68K
- Fully remote
- Annual Bonus Scheme, based on personal and company performance
- Generous Pension Contributions – Up to 12% employer contributions based on tenure and employee input
- Private Medical Insurance & Group Income Protection
- Flexible Benefits & Wellbeing Perks – Includes holiday trading, dental/vision cover, travel insurance, health assessments, employee discounts, and season ticket loan
Third Party Risk Manager employer: Intec Select Limited
Contact Detail:
Intec Select Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Risk Manager
✨Tip Number 1
Familiarise yourself with the TPRM framework and relevant regulatory requirements. Understanding these concepts will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in third-party risk management. Engaging with industry peers can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved supplier performance or managed risk assessments in previous roles. Real-life scenarios can showcase your expertise and problem-solving skills.
✨Tip Number 4
Stay updated on the latest trends and challenges in third-party risk management. Being knowledgeable about current issues can set you apart during discussions and show your proactive approach.
We think you need these skills to ace Third Party Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in third-party risk management, particularly within financial services. Use specific examples that demonstrate your stakeholder management skills and compliance with regulatory requirements.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the key responsibilities of the role. Explain how your background aligns with the TPRM framework and your approach to improving supplier performance. Be sure to convey your enthusiasm for the position.
Highlight Relevant Skills: In your application, emphasise your understanding of sourcing and commercial terms, as well as your financial literacy. Mention any relevant qualifications, such as CIPS, to strengthen your application.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a role focused on compliance and risk management.
How to prepare for a job interview at Intec Select Limited
✨Understand the TPRM Framework
Make sure you have a solid grasp of the Third Party Risk Management framework. Be prepared to discuss how you've applied it in previous roles and how you can drive its adoption within the organisation.
✨Showcase Stakeholder Management Skills
Highlight your experience in engaging with various stakeholders. Prepare examples that demonstrate your ability to communicate effectively and manage relationships, as this is crucial for the role.
✨Familiarise Yourself with Regulatory Requirements
Brush up on relevant regulatory requirements related to third-party risk in financial services. Being able to discuss these regulations confidently will show your expertise and readiness for the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in managing supplier performance and compliance. Think of specific situations where you successfully navigated challenges and be ready to share those stories.