At a Glance
- Tasks: Lead the redesign of Supplier Risk Operating Model and ensure regulatory compliance.
- Company: Dynamic company at the forefront of third-party risk management.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: High visibility role with collaboration across multiple teams.
- Why this job: Make a real impact in shaping how organisations manage supplier risks.
- Qualifications: Experience in risk management and strong analytical skills.
The predicted salary is between 90000 - 90000 £ per year.
Supplier risk isn't a side issue anymore - it's front and centre. If you thrive on shaping frameworks, navigating complex regulation and influencing how organisations manage third-party risk at scale, this role has your name on it.
We're looking for a Third Party Risk Manager to lead the redesign and evolution of our Supplier Risk Operating Model, ensuring it's fit for the future and aligned with fast-moving UK and European regulatory expectations.
What you'll be doing:
- This is a high-impact role with real visibility. You'll act as the subject-matter expert for TPRM, combining strategic design with hands-on delivery across business-as-usual activity and major regulatory change.
- Lead the review, redesign and enhancement of the Supplier Risk Operating Model - from policies and processes to governance, segmentation and RACI models.
- Assess current maturity, identify gaps and deliver clear, prioritised recommendations aligned to best practice.
- Own BAU supplier risk regulatory compliance across UK and EU requirements.
- Lead the DORA supplier risk workstream, including ICT third-party classification, oversight and regulatory readiness.
- Act as the primary point of contact for European supplier risk engagement.
- Lead supplier-related workstreams for major regulatory initiatives (including DyGIST and SS5/25).
- Partner closely with Risk, Legal, Compliance, IT, Security, Data Protection and Operational Resilience teams.
- Provide expert challenge and advice on high-risk suppliers, material outsourcing and concentration risk.
- Support senior leadership and governance forums with insight, analysis and clear recommendations.
- Stay ahead of emerging risks, regulatory change and industry trends.
Third Party Risk Manager employer: 1st Executive Ltd
Contact Detail:
1st Executive Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Risk Manager
✨Tip Number 1
Network like a pro! Reach out to professionals in the risk management field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream job.
✨Tip Number 2
Prepare for interviews by researching the company’s current supplier risk strategies and regulatory challenges. We want you to walk in with insights that show you’re not just another candidate, but someone who’s ready to make an impact.
✨Tip Number 3
Showcase your expertise! Bring examples of past projects where you’ve successfully redesigned risk frameworks or navigated complex regulations. We believe that real-world experience speaks volumes.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. We’re excited to see how you can contribute to shaping the future of supplier risk management.
We think you need these skills to ace Third Party Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Third Party Risk Manager. Highlight your experience with supplier risk frameworks and any relevant regulatory knowledge. We want to see how you can shape our Supplier Risk Operating Model!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about third-party risk management and how your skills align with our needs. Let us know how you can influence our approach to managing supplier risks.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements in previous roles. Did you lead a successful project or improve a process? We love seeing quantifiable results that demonstrate your impact in the field.
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 from us!
How to prepare for a job interview at 1st Executive Ltd
✨Know Your Stuff
Make sure you brush up on the latest regulations and frameworks related to third-party risk management. Familiarise yourself with DORA, DyGIST, and SS5/25, as these are crucial for the role. Being able to discuss these topics confidently will show that you're not just a candidate, but a knowledgeable expert.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully redesigned risk operating models or led compliance initiatives. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you demonstrate your hands-on experience and strategic thinking.
✨Engage with Stakeholders
Highlight your ability to partner with various teams like Risk, Legal, and IT. Be ready to discuss how you've collaborated with different departments in the past to enhance supplier risk management. This shows that you understand the importance of cross-functional teamwork in achieving compliance and risk mitigation.
✨Stay Ahead of Trends
Research current trends and emerging risks in third-party risk management. Be prepared to discuss how you would approach these challenges in the role. Showing that you’re proactive about industry changes will impress interviewers and demonstrate your commitment to continuous improvement.