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- Tasks: Help businesses manage third-party risks and ensure compliance with regulations.
- Company: Join Axpe Consulting, a leader in risk management solutions.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
- Why this job: Make an impact by ensuring safe partnerships and enhancing business operations.
- Qualifications: 3+ years in vendor risk management; strong analytical and communication skills required.
- Other info: Work with diverse teams and gain exposure to various industries.
The predicted salary is between 36000 - 60000 £ per year.
About the job
We are seeking an experienced Third-Party Risk Management (TPRM) Consultant to support the implementation of effective management models and controls, enabling the business to engage third parties and outsourced service providers in compliance with corporate frameworks and UK regulatory expectations.
Responsibilities:
Risk Assessment:
- Assist the business in completing engagement requests.
- Provide TPRM review, challenge, and approval for ERs and PRs.
Assurance:
- Execute quarterly control samples and assurance testing activities, providing reports to evidence compliance.
- Monitor remediation activities and manage the change management log.
Governance Reporting:
- Coordinate monthly reporting for metrics, watchlists, and risk assessments.
- Prepare governance meeting packs, track actions, and manage meeting minutes.
- Maintain various TPRM inventories to meet corporate and UK regulatory requirements.
Administrative Support:
- Manage TPRM shared drive, SharePoint site, and shared inbox, addressing stakeholder queries.
- Maintain and periodically refresh policies, standards, and guidance documents.
- Execute other ad-hoc administrative tasks as necessary.
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Requirements:
- Minimum of 3 years of experience in vendor risk management or related roles.
- Strong analytical and organizational skills.
- Ability to engage and manage relationships with internal and external stakeholders at all levels.
- In-depth understanding of third-party risk and control concepts, with extensive vendor management experience.
Key Attributes:
- Strong risk assessment and approval skills.
- Proficiency in governance reporting and compliance with UK regulatory standards.
- Exceptional organizational and communication skills to manage stakeholders and reporting activities.
Axpe Consulting | Third-Party Risk Management (TPRM) Consultant employer: Axpe Consulting
Contact Detail:
Axpe Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Axpe Consulting | Third-Party Risk Management (TPRM) Consultant
✨Tip Number 1
Familiarize yourself with the latest UK regulatory standards related to third-party risk management. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to compliance and governance.
✨Tip Number 2
Network with professionals in the vendor risk management field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed third-party risks in previous roles. Highlight your analytical skills and any tools or methodologies you've used to assess and mitigate risks.
✨Tip Number 4
Showcase your organizational skills by being proactive in managing your application process. Keep track of deadlines, follow up on your applications, and be ready to discuss your approach to governance reporting during interviews.
We think you need these skills to ace Axpe Consulting | Third-Party Risk Management (TPRM) Consultant
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the TPRM Consultant position. Tailor your application to highlight relevant experience in vendor risk management and compliance.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in third-party risk management, particularly any roles where you executed risk assessments or managed governance reporting. Use specific examples to demonstrate your skills.
Showcase Analytical Skills: Given the analytical nature of the role, include examples of how you've successfully conducted risk assessments or assurance testing in previous positions. This will help illustrate your strong analytical capabilities.
Communicate Effectively: Since the role requires exceptional communication skills, ensure your application is clear and concise. Use professional language and structure your documents well to reflect your organizational skills.
How to prepare for a job interview at Axpe Consulting
✨Showcase Your Experience
Be prepared to discuss your previous roles in vendor risk management. Highlight specific projects where you successfully implemented risk management models and controls, as this will demonstrate your expertise in the field.
✨Understand Regulatory Requirements
Familiarize yourself with UK regulatory expectations related to third-party risk management. Being able to articulate how you have ensured compliance in past roles will impress the interviewers.
✨Demonstrate Analytical Skills
Prepare examples that showcase your strong analytical skills. Discuss how you have conducted risk assessments and assurance testing, and be ready to explain your approach to monitoring remediation activities.
✨Engage Stakeholders Effectively
Since the role involves managing relationships with various stakeholders, think of instances where you successfully engaged with internal and external parties. Highlight your communication strategies and how they led to positive outcomes.
