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- Tasks: Support a strategic uplift programme for Third Party Technology Escrow framework.
- Company: Join one of the world's leading banks and strengthen resilience.
- Benefits: Enjoy hybrid work options and potential contract extension.
- Why this job: Be part of a critical role ensuring software services are protected and compliant.
- Qualifications: Strong experience in software escrow management and understanding of resilience regulations required.
- Other info: Opportunity to engage with various stakeholders and drive impactful results.
The predicted salary is between 48000 - 72000 £ per year.
Job Title: Escrow Consultant
Location: London (Hybrid up to 3 days per week in office)
Start Date: ASAP
Type – Contract
Myn is an AI driven marketplace that connects the candidates, clients and recruiters. Myn collaborates with leading employers to offer exclusive, carefully matched contract and permanent positions.
Our Recruitment Partners all have extensive industry experience, and work with a select group of niche clients, to deliver the best possible experience to the candidate.
Were seeking a highly organised and technically adept Technology Escrow Specialist to support a strategic uplift programme aimed at assessing, redefining, and fortifying the Third Party Technology Escrow framework.
This is a critical role ensuring the most vital third-party software services from on-premise applications to SaaS are backed by robust, verifiable, and release-ready escrow arrangements, aligned with global regulatory and internal standards.
Key Responsibilities:
- Conduct an As Is assessment of existing escrow usage, with a focus on coverage of Important/Critical Services, frequency of deposits, and levels of validation.
- Define new policy standards and guidance in collaboration with stakeholders across the first and second lines of defence.
- Develop a comprehensive escrow framework addressing:
- Service-type criteria for escrow relevance
- Source code deposit requirements
- Build and verification processes
- Contractual considerations
- Design a supporting operating model defining role-based escrow responsibilities.
- Establish best-practice governance, reporting, and records management for escrow arrangements.
- Drive remediation efforts to ensure critical third-party services are protected by effective escrow mechanisms.
- Engage closely with Legal, Procurement, Technology, and external escrow providers to embed stronger controls.
- Define and implement governance and oversight structures to maintain compliance and manage exceptions.
Experience:
- Strong track record in end-to-end software escrow management, including contract setup, source code verification, live scenario execution, and framework oversight.
- Hands-on experience with source code deposit and build verification, including coordinating technical verifications with external agents.
- In-depth understanding of the Third Party Management lifecycle and supplier risk dynamics.
- Knowledge of key resilience regulations, such as PRA SS1/21 and DORA (EU Regulation 2022/2554).
- Background in Third Party Risk and Resilience, with experience in cybersecurity, business continuity, and exit strategies.
- Familiarity with Supplier Relationship Management (SRM) best practices.
With Myn, you gain a trusted partner dedicated to helping experienced contractors excel in their careersconnecting you with forward-thinking employers and impactful projects.
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Escrow Consultant employer: Networker Global Limited
Contact Detail:
Networker Global Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Escrow Consultant
✨Tip Number 1
Familiarise yourself with the key regulations mentioned in the job description, such as PRA SS1/21 and DORA. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to compliance and risk management.
✨Tip Number 2
Network with professionals in the escrow and third-party risk management fields. Engaging with industry experts can provide insights into best practices and may even lead to referrals that could strengthen your application.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your skills in software escrow management and stakeholder engagement. Being able to articulate your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Stay updated on the latest trends and technologies in software escrow and third-party management. Showing that you are proactive about learning can impress interviewers and highlight your dedication to the role.
We think you need these skills to ace Escrow Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in software escrow management and third-party risk. Use specific examples that demonstrate your analytical skills and stakeholder management abilities.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Escrow Consultant role and how your background aligns with the key responsibilities outlined in the job description. Be sure to mention your familiarity with resilience regulations and your experience in cybersecurity.
Showcase Relevant Skills: When detailing your experience, focus on your hands-on work with source code verification and contract setup. Highlight any specific projects where you successfully implemented escrow frameworks or governance structures.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Networker Global Limited
✨Understand the Escrow Framework
Make sure you have a solid grasp of the escrow framework and its importance in third-party software services. Be prepared to discuss how you would assess existing escrow usage and what new policy standards you might propose.
✨Showcase Your Technical Skills
Highlight your hands-on experience with source code deposit and build verification. Be ready to provide examples of how you've coordinated technical verifications in the past, as this will demonstrate your capability in managing the technical aspects of the role.
✨Demonstrate Stakeholder Management
Since this role involves engaging with various stakeholders, prepare to discuss your approach to stakeholder management. Share specific instances where you've successfully influenced or collaborated with teams such as Legal, Procurement, and Technology.
✨Familiarise Yourself with Relevant Regulations
Brush up on key resilience regulations like PRA SS1/21 and DORA. Being able to articulate how these regulations impact the escrow framework will show that you are not only technically adept but also aware of the regulatory landscape.
