At a Glance
- Tasks: Lead and support TPRM engagements in the Insurance sector, optimising risk management programmes.
- Company: Dynamic consultancy firm with a focus on Third-Party Risk Management.
- Benefits: Competitive salary, bonus, full benefits, and hybrid working model.
- Why this job: Make a real impact in the insurance industry while developing your consulting skills.
- Qualifications: 5-8 years in TPRM or related advisory roles, strong insurance background preferred.
- Other info: Join a collaborative team with opportunities for professional growth and development.
The predicted salary is between 55000 - 63000 Β£ per year.
My client is hiring for an experienced Third-Party Risk Management (TPRM) Consultant to lead and support client engagements across the Insurance sector, advising on the design, implementation, and optimisation of third-party risk management programmes. You will ideally be a TPRM Subject Matter Expert with a strong insurance background, as well as Consulting capability. This is a permanent role based in London on a hybrid basis with 3 days in the office per week. Salary ranges between Β£55K - Β£63K + Bonus + Full Benefits.
Responsibilities:
- Lead and deliver TPRM advisory engagements for Insurance clients, including programme design, maturity assessments, and regulatory gap analysis
- Design and enhance end-to-end TPRM frameworks, operating models, governance, and RACI structures
- Interpret and apply Insurance regulatory requirements (FCA, PRA, Operational Resilience, DORA, GDPR, EU AI Act)
- Support clients through regulatory reviews, audits, and risk committee reporting
- Conduct and review third-party risk assessments across operational, technology, data, financial, BCM, and ESG risks
- Design ongoing monitoring models, KRIs, and senior management MI
- Support management of third-party incidents, issues, and remediation
- Manage delivery of workstreams within TPRM transformation programmes
- Produce executive-ready reports, dashboards, and steering materials
- Build trusted relationships with senior client stakeholders
Skills and Experience:
- Between 5-8 years' experience in Third-Party Risk Management, supplier risk, or related risk advisory roles
- Ideally a strong Consulting and Insurance background
- Experience supporting regulated Financial Services clients, ideally Insurance
- Prior experience within management consulting, Big Four, or professional services environments
- Strong understanding of the TPRM life cycle and associated risk domains
- Hands-on experience with TPRM tools and platforms (eg Ariba, ServiceNow, RSA Archer, Certa, OneTrust, Coupa, or similar)
- Proven experience delivering maturity assessments, gap analyses and framework design
- Structured, detail-oriented problem-solving approach
Desirable Skills & Attributes:
- Degree Educated in either Risk/Finance/Law/Business
- Professional certifications including: CTPRP, CIPS, CPSM, CISA, ISO 27001 Lead Implementer/Auditor, or other relevant risk and compliance certifications
- Experience in sourcing and/or procurement environments
Please apply for immediate interview!
Third Party Risk Management (TPRM) Consultant in London employer: CBS Butler
Contact Detail:
CBS Butler Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Third Party Risk Management (TPRM) Consultant in London
β¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector and let them know you're on the hunt for a TPRM role. A personal recommendation can go a long way in landing that interview.
β¨Tip Number 2
Prepare for those interviews by brushing up on your TPRM knowledge and the latest regulatory requirements. We want you to be the go-to expert when discussing frameworks and risk assessments!
β¨Tip Number 3
Donβt forget to showcase your consulting skills! Highlight any past experiences where you've led projects or improved processes, especially in regulated environments. This will set you apart from the competition.
β¨Tip Number 4
Finally, apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Third Party Risk Management (TPRM) Consultant in London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to highlight your experience in Third-Party Risk Management and the insurance sector. We want to see how your skills align with the job description, so donβt be shy about showcasing relevant projects or roles you've had.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youβre the perfect fit for this TPRM Consultant role. We love seeing enthusiasm and a clear understanding of the responsibilities outlined in the job description.
Showcase Your Expertise: Since this role requires a strong background in TPRM and consulting, make sure to highlight any relevant certifications or tools youβve worked with. Weβre looking for someone who can hit the ground running, so let us know what makes you a subject matter expert!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you donβt miss out on any important updates from us!
How to prepare for a job interview at CBS Butler
β¨Know Your TPRM Inside Out
Make sure you brush up on your knowledge of Third-Party Risk Management frameworks and tools. Be ready to discuss specific examples from your past experience, especially in the insurance sector, as this will show your expertise and understanding of the role.
β¨Understand Regulatory Requirements
Familiarise yourself with key regulatory requirements like FCA, PRA, and GDPR. Prepare to discuss how these regulations impact TPRM practices and be ready to share insights on how you've navigated these in previous roles.
β¨Showcase Your Consulting Skills
Since consulting capability is crucial for this role, think of scenarios where you've successfully led client engagements or transformed risk management programmes. Highlight your ability to build relationships with senior stakeholders and how youβve delivered value in those situations.
β¨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and your approach to managing third-party incidents. Prepare some structured responses that demonstrate your analytical thinking and detail-oriented approach to risk assessments and remediation.