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- Tasks: Oversee third-party risk management and collaborate with regional teams to enhance frameworks.
- Company: Adecco is a leading employment consultancy dedicated to inclusivity and improving workplace opportunities.
- Benefits: Enjoy a hybrid work model and the chance to thrive in a diverse environment.
- Why this job: Join a dynamic team focused on risk management and make a real impact across EMEA.
- Qualifications: Experience in investment banking and knowledge of TPRM regulations are essential.
- Other info: This is a 12-month contract role with potential for future opportunities.
The predicted salary is between 43200 - 72000 £ per year.
Job title: Third Party Risk Management (VP)
Location: London/Hybrid
Duration: 12 months initially
Adecco is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone\’s chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.
The role:
This role supports the outsourcing and third-party risk management (TPRM) framework and initiative across EMEA for all third-party arrangements. This is a 2nd line of defence role in risk management department (RMD), providing oversight, review, and challenge of our third-party relationships.
Responsibilities:
- Regional entities/branches collaboration to improve the effectiveness of the TPRM frameworks
- Support the harmonisation of the TPRM framework in the EMEA region whilst respecting entity specific/local regulatory and business expectations
- Apply TPRM best practise and adherence to a \’fit for purpose\’ governance in the region.
- Support risk colleagues with TPRM change management responsibilities
- Support EMEA risk management insourcing of services
- Supporting CPRMD framework while ensuring compliance with regional and local jurisdictional requirements
Requirements:
- Experience in delivering within an investment bank environment
- Experience in supporting a similar TPRM function in the 2nd line Risk Management Department
- Working knowledge of regulations related to third party risk & operational resilience (EBA Outsourcing Guideline, DORA, FCA SYSC 8, PRA SS2/21 Outsourcing guideline) and be able to apply knowledge
- Understanding the \”Three Lines of Defence\” (3LoD) governance model
- Good knowledge of risk management, information security risk, internal audit, operational risk, legal/ compliance in the TPRM space
- Experience in writing policies, framework, and procedure documents
- Experience in managing working groups towards defined deliverables
- Effective communicator with excellent verbal and written communication skills
- Understanding of risk frameworks and their link to risk strategy & appetite setting
Candidates will ideally show evidence of the above in their CV in order to be considered.
Please be advised if you haven\’t heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.
Third Party Risk Management (VP) employer: Adecco
Contact Detail:
Adecco Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Risk Management (VP)
✨Tip Number 1
Network with professionals in the risk management field, especially those who have experience in third-party risk management. Attend industry events or webinars to connect with potential colleagues and learn more about the role.
✨Tip Number 2
Familiarise yourself with the latest regulations related to third-party risk and operational resilience. Being well-versed in guidelines like EBA Outsourcing Guideline and DORA will demonstrate your commitment and knowledge during discussions.
✨Tip Number 3
Prepare to discuss your experience in managing working groups and delivering on defined objectives. Highlight specific examples where you successfully collaborated with teams to enhance TPRM frameworks.
✨Tip Number 4
Showcase your communication skills by being clear and concise when discussing your past experiences. Effective communication is key in this role, so practice articulating your thoughts on risk management and governance models.
We think you need these skills to ace Third Party Risk Management (VP)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in third-party risk management and investment banking. Use specific examples that demonstrate your understanding of the TPRM framework and the Three Lines of Defence model.
Craft a Strong Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Mention how your skills align with the responsibilities listed in the job description, particularly your experience in managing risk and compliance.
Highlight Relevant Skills: In your application, emphasise your knowledge of regulations related to third-party risk and operational resilience. Be specific about your experience in writing policies and managing working groups, as these are key aspects of the role.
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 and professionalism, which is crucial in risk management roles.
How to prepare for a job interview at Adecco
✨Understand the TPRM Framework
Make sure you have a solid grasp of the Third Party Risk Management framework and its importance in the financial sector. Be prepared to discuss how you can contribute to improving its effectiveness across EMEA.
✨Showcase Relevant Experience
Highlight your experience in a similar TPRM function within a risk management department. Be ready to provide specific examples of how you've successfully navigated challenges in this area.
✨Familiarise Yourself with Regulations
Brush up on key regulations related to third-party risk and operational resilience, such as the EBA Outsourcing Guideline and FCA SYSC 8. Demonstrating your knowledge will show that you're well-prepared for the role.
✨Communicate Effectively
As an effective communicator, practice articulating your thoughts clearly and concisely. Prepare to discuss complex topics in a way that is easy to understand, showcasing your verbal and written communication skills.