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- Tasks: Help businesses manage third-party risks and ensure compliance with regulations.
- Company: Join a dynamic team focused on effective risk management and corporate governance.
- 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: Engage with diverse stakeholders and contribute to important governance processes.
The predicted salary is between 43200 - 72000 £ 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.
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 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 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 Third-Party Risk Management (TPRM) Consultant
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Third-Party Risk Management (TPRM) Consultant position. Highlight key responsibilities and requirements that resonate with your experience.
Tailor Your CV: Customize your CV to reflect your relevant experience in vendor risk management and third-party risk concepts. Use specific examples that demonstrate your analytical skills and stakeholder management abilities.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the responsibilities outlined in the job description. Emphasize your experience with governance reporting and compliance, as well as your strong organizational skills.
Highlight Relevant Skills: In your application, make sure to highlight your proficiency in risk assessment, control testing, and your ability to manage relationships with stakeholders. Use keywords from the job description to align your application with the company's expectations.
How to prepare for a job interview at Axpe Consulting
✨Show Your Analytical Skills
As a TPRM Consultant, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've assessed risks in previous roles and the methodologies you used to evaluate third-party vendors.
✨Demonstrate Stakeholder Management
Highlight your experience in engaging with both internal and external stakeholders. Share stories that showcase your ability to build relationships and manage expectations effectively.
✨Familiarize Yourself with UK Regulatory Standards
Since compliance with UK regulatory standards is essential for this role, make sure you understand the relevant regulations. Be ready to discuss how you've ensured compliance in past projects.
✨Prepare for Governance Reporting Questions
Governance reporting is a key responsibility. Prepare to explain your experience with reporting metrics, managing meeting minutes, and tracking actions from governance meetings.
