At a Glance
- Tasks: Manage and monitor third-party risk, ensuring compliance with regulations and internal policies.
- Company: Join a prestigious foreign bank located in Central London, known for its commitment to excellence.
- Benefits: Enjoy a competitive salary of £40,000 - £50,000 and excellent office-based perks.
- Other info: This role offers a chance to grow your career in a dynamic and regulated environment.
- Why this job: Be part of a collaborative team making a real impact in the evolving world of risk management.
- Qualifications: Experience in risk management within financial services and understanding of compliance requirements is essential.
The predicted salary is between 40000 - 50000 £ per year.
An exciting opportunity has arisen for a Third Party Risk and Operational Resilience Analyst to join a prestigious foreign bank based in the heart of Central London. This is an office-based role offering a salary range of £40,000 - £50,000 and excellent benefits. This role is ideal for someone with experience supporting vendor, supplier, or third-party risk management in a banking or regulated financial services environment.
As a Third Party Risk Analyst reporting into the Operational Resilience team, you will play a crucial role in managing and monitoring third-party and supplier risk, ensuring compliance with internal policies and regulatory standards such as FCA, GDPR, UK DPA, and ISO 27001. You will be responsible for:
- Support the onboarding, risk assessment, and ongoing monitoring of third parties, vendors, and service providers.
- Assist with ensuring all supplier contracts, SLAs, and KPIs are aligned with internal governance and external regulatory expectations.
- Maintain up-to-date records on supplier due diligence, compliance checks, and risk metrics.
- Coordinate with internal teams (Legal, Procurement, Risk) to manage contractual reviews and support procurement processes.
- Track performance issues, escalate risk concerns, and help drive improvements in third-party oversight.
- Contribute to internal audits and regulatory reviews regarding third-party governance.
- Stay informed of changes to regulatory frameworks such as FCA rules, GDPR, and ISO 27001.
What we are looking for:
- Previous experience as a Risk Officer, Risk Analyst, Risk Specialist, Procurement Analyst, Supplier Relationship Manager, Supplier Management Analyst, Operational Resilience analyst or in a similar role within a regulated financial services environment.
- Understanding of risk and compliance requirements under FCA, ISO 27001, and UK GDPR/DPA.
- Familiarity with contract management, vendor onboarding, and procurement procedures.
- Strong administrative, organisational, and communication skills.
- Experience using vendor management systems (VMS) or similar tools would be beneficial.
Apply now to become a key part of a collaborative team and make an impact in the evolving world of third-party risk.
Third Party Risk Analyst employer: Additional Resources
Contact Detail:
Additional Resources Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Risk Analyst
✨Tip Number 1
Familiarise yourself with the regulatory frameworks mentioned in the job description, such as FCA rules and ISO 27001. Being able to discuss these regulations confidently during an interview will demonstrate your knowledge and commitment to compliance.
✨Tip Number 2
Network with professionals in the banking and financial services sector, especially those involved in risk management. Attend industry events or join relevant online forums to gain insights and potentially get referrals for the role.
✨Tip Number 3
Prepare specific examples from your past experience that showcase your skills in vendor management and risk assessment. Be ready to discuss how you have successfully managed third-party risks in previous roles.
✨Tip Number 4
Research the company’s current third-party risk management practices and any recent news related to their operations. This will help you tailor your responses in interviews and show that you are genuinely interested in the position.
We think you need these skills to ace Third Party Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, vendor oversight, and compliance with regulations like FCA and ISO 27001. Use specific examples that demonstrate your skills in these areas.
Craft a Strong Cover Letter: Write a cover letter that clearly outlines your understanding of third-party risk management and operational resilience. Mention how your previous roles have prepared you for this position and express your enthusiasm for the opportunity.
Highlight Relevant Skills: In your application, emphasise your administrative, organisational, and communication skills. If you have experience with vendor management systems, be sure to mention it as it could set you apart from other candidates.
Show Knowledge of Regulations: Demonstrate your familiarity with regulatory frameworks such as GDPR and UK DPA in your application. This shows that you are not only qualified but also proactive in staying informed about industry standards.
How to prepare for a job interview at Additional Resources
✨Know Your Regulations
Familiarise yourself with the key regulations such as FCA, GDPR, and ISO 27001. Being able to discuss these frameworks confidently will demonstrate your understanding of the compliance landscape relevant to the role.
✨Showcase Relevant Experience
Prepare specific examples from your previous roles that highlight your experience in vendor management, risk assessment, and compliance checks. Tailoring your responses to reflect the responsibilities outlined in the job description will make you stand out.
✨Demonstrate Strong Communication Skills
As this role involves coordinating with various internal teams, practice articulating your thoughts clearly and concisely. Be ready to discuss how you've effectively communicated complex information in past roles.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's approach to third-party risk management and operational resilience. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.