At a Glance
- Tasks: Lead third-party risk assessments and ensure quality control for operational excellence.
- Company: Join a leading firm in risk management with a focus on collaboration and innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Work with diverse teams and gain valuable experience in a fast-paced industry.
- Why this job: Make a real impact by managing risks and ensuring compliance in a dynamic environment.
- Qualifications: 4+ years in TPRM or related fields, with strong organisational and interpersonal skills.
The predicted salary is between 60000 - 75000 £ per year.
This role is centred on execution quality, operational leadership, and cross‑functional coordination within the London TPRM team structure.
Responsibilities
- Act as the primary daily point of contact and operational supervisor for the Offshore TPRM Operations Team, ensuring accurate and timely execution of all third‑party risk assessments and due diligence activities.
- Lead the Quality Control (QC) process for all assessments delivered by the offshore team, ensuring outputs are consistent, align with established methodologies, and are fully audit‑ready.
- Monitor the operational performance of the offshore team against defined SLAs and KPIs.
- Conduct third‑party assessments to support the team when required.
- Coordinate Assessment Initiation with Procurement and Business Owners to ensure assessments are initiated at the correct phase of the third‑party lifecycle.
- Coordinate triage and review process with internal risk SMEs to ensure high‑risk assessments receive appropriate specialized review and sign‑off.
- Serve as the operational point of contact for onshore internal risk teams regarding findings and remediation requirements.
- Oversee governance and standardization of ongoing supplier performance monitoring activities.
- Coordinate with Business Owners and Procurement to collect and review performance data, and integrate significant performance failures into the overall risk profile.
- Flag critical performance issues for risk review and incorporate them into continuous monitoring plans.
- Act as the primary escalation point for high‑risk findings, bottlenecks, and non‑compliance issues.
- Define, drive, and track remediation plans with Business Owners and Procurement, ensuring mitigation steps are completed within timelines.
- Serve as liaison for the 2nd Line of Defense (Risk Oversight), compiling and delivering operational data, metrics, and commentary on coverage and control effectiveness.
- Support preparation of reports and presentations on TPRM metrics, trends, and program effectiveness for leadership and Risk Committees.
- Assist in the implementation, configuration, and maintenance of the TPRM system/tool, ensuring data integrity across the platform.
Qualifications
- 4+ years dedicated experience in Third‑Party Risk Management (TPRM), risk management, compliance, or a related operational control function.
- Prior experience at a Big4 (Deloitte, EY, PwC, KPMG) or a similar major consulting firm is highly desirable.
- Proven experience acting as a process gatekeeper or reviewer, particularly in Quality Assurance for risk or compliance deliverables.
- Demonstrated success coordinating delivery and information flow between offshore/remote teams and onshore stakeholders.
- Strong organizational and interpersonal skills, with the ability to manage expectations and articulate complex operational risks clearly.
- Solid understanding of TPRM principles and risk domains (InfoSec, BCP, ABAC, etc.) and prior experience supporting the administration or maintenance of a GRC/TPRM platform.
Senior Associate, Third Party Risk Management employer: 0026 Checkout Technology Ltd
As a Senior Associate in Third Party Risk Management, you will thrive in a dynamic and supportive work environment located in London, where collaboration and operational excellence are at the forefront of our culture. We offer competitive benefits, opportunities for professional growth, and a commitment to employee development, ensuring that you can advance your career while making a meaningful impact on our risk management processes. Join us to be part of a team that values quality execution and fosters innovation in managing third-party risks.
Contact Details:
0026 Checkout Technology Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Associate, Third Party Risk Management
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in Third Party Risk Management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on TPRM principles and your past experiences. Be ready to discuss how you've handled risk assessments and quality control in previous roles. We want to see your expertise shine!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your skills. It’s all about finding the right fit!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Senior Associate, Third Party Risk Management
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Senior Associate in Third Party Risk Management. Highlight your relevant experience, especially if you've worked with offshore teams or have a background in Quality Assurance.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about TPRM and how your skills align with our needs. Don’t forget to mention any experience with risk management frameworks or tools.
Showcase Your Achievements:When detailing your past roles, focus on specific achievements that demonstrate your ability to manage third-party risks effectively. Use metrics where possible to show the impact of your work.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at 0026 Checkout Technology Ltd
✨Know Your TPRM Inside Out
Make sure you brush up on your knowledge of Third-Party Risk Management principles. Be ready to discuss specific methodologies and frameworks you've used in the past, especially those related to quality control and risk assessment. This will show that you’re not just familiar with the concepts but can apply them effectively.
✨Showcase Your Leadership Skills
Since this role involves operational leadership, prepare examples that highlight your experience in leading teams, especially in a remote or offshore context. Think about times when you’ve successfully coordinated between different stakeholders and how you managed expectations during challenging situations.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to high-risk findings or performance issues. Practice articulating your thought process on how you would escalate issues, define remediation plans, and ensure compliance. This will demonstrate your problem-solving skills and ability to think on your feet.
✨Prepare Metrics and Data Insights
Since the role requires reporting on TPRM metrics and trends, come prepared with examples of how you've used data to drive decisions in previous roles. Be ready to discuss how you’ve tracked performance against SLAs and KPIs, and how you’ve communicated these insights to leadership or committees.
