At a Glance
- Tasks: Lead third-party risk management and ensure effective supplier governance.
- Company: A dynamic digital financial services organisation focused on innovation.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Exciting role in a tech-driven environment with excellent career advancement potential.
- Why this job: Join a collaborative team and make a real impact in risk management.
- Qualifications: Experience in TPRM, strong communication skills, and a background in financial services.
The predicted salary is between 60000 - 80000 £ per year.
A growing digital financial services organisation is seeking a TPRM Manager to support supplier governance, outsourcing oversight and operational resilience activities across a strategic third-party environment. Working closely with Supplier Relationship Managers, Procurement, Technology and Risk teams, the role will help ensure third parties are effectively governed in line with regulatory requirements and internal risk standards.
Key Responsibilities
- Support the end-to-end third-party risk management lifecycle.
- Conduct supplier due diligence, risk assessments and ongoing monitoring activities.
- Ensure supplier governance and oversight requirements are embedded across the business.
- Produce risk reporting, dashboards and management information for governance forums.
- Support compliance with outsourcing and third-party risk requirements, including PRA/FCA expectations and SS2/21.
- Assist with supplier performance reviews, remediation tracking and continuous improvement initiatives.
- Provide guidance and support to stakeholders on TPRM best practice and framework adherence.
Experience Required
- Experience within Third Party Risk Management, Supplier Governance, Vendor Management, Procurement or Operational Risk.
- Background within financial services or another regulated environment.
- Strong stakeholder management and communication skills.
- Understanding of outsourcing and supplier risk principles.
- Exposure to technology, infrastructure, cybersecurity or cloud suppliers desirable.
An excellent opportunity to join a collaborative and evolving risk and resilience function within a technology-driven organisation.
TPRM Lead employer: 1st Executive
Join a dynamic digital financial services organisation that prioritises employee growth and collaboration. With a strong focus on third-party risk management, you'll benefit from a supportive work culture that encourages continuous improvement and innovation. Located in a vibrant area, the company offers competitive benefits and opportunities for professional development, making it an excellent choice for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land TPRM Lead
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the hunt for a TPRM role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews! Research common questions related to third-party risk management and think about how your experience aligns with the role. Practising your answers will help you feel more confident when it’s time to shine.
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, make sure to highlight your experience in supplier governance and operational resilience. Use specific examples to demonstrate how you've tackled challenges in the past.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining our team.
We think you need these skills to ace TPRM Lead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the TPRM Lead role. Highlight your experience in Third Party Risk Management and any relevant skills that match the job description. We want to see how your background fits with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about supplier governance and operational resilience. Let us know how your previous experiences have prepared you for this role.
Showcase Your Stakeholder Skills:Since strong stakeholder management is key, make sure to include examples of how you've effectively communicated and collaborated with different teams. We love seeing how you can bring people together!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at 1st Executive
✨Know Your TPRM Inside Out
Make sure you brush up on your knowledge of Third Party Risk Management. Understand the end-to-end lifecycle, key regulatory requirements, and best practices. Being able to discuss these confidently will show that you're not just familiar with the concepts but can also apply them effectively.
✨Showcase Your Stakeholder Skills
Since this role involves working closely with various teams, be prepared to share examples of how you've successfully managed stakeholder relationships in the past. Highlight your communication skills and how you've navigated challenges to ensure everyone is aligned on TPRM objectives.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical situations related to supplier governance or risk assessments. Think about how you would approach conducting due diligence or handling a compliance issue. Practising these scenarios can help you articulate your thought process clearly during the interview.
✨Demonstrate Continuous Improvement Mindset
The role emphasises continuous improvement initiatives, so be ready to discuss how you've contributed to enhancing processes in previous roles. Share specific examples of how you've tracked remediation efforts or implemented changes that led to better outcomes in supplier performance.
