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- Tasks: Lead Third Party Risk Management, oversee offshore teams, and improve processes.
- Company: Fast-growing fintech organisation focused on procurement and risk transformation.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment.
- Why this job: Shape the future of risk management in a rapidly evolving fintech landscape.
- Qualifications: Experience in Third Party Risk Management and process improvement.
- Other info: This role offers autonomy, influence, and visibility within the organisation.
The predicted salary is between 68000 - 82000 £ per year.
I am partnering with a high growth fintech organisation that is scaling its procurement and risk capability as part of a wider global transformation. This is a newly created role within Procurement, focused on strengthening and modernising Third Party Risk Management delivery across the business. The position reports into senior procurement leadership with regular exposure at executive level.
The environment is fast moving, ambitious and change focused. This is not a steady state role. It suits someone who enjoys building structure, improving quality and taking ownership of operational outcomes.
The Role
- You will be the senior onshore lead for TPRM delivery, overseeing an offshore operations team based in Mauritius while ensuring high standards, consistency and control across all third party risk activity.
- A key part of the role is improving how things work. Current processes are largely manual, creating an opportunity to introduce automation, strengthen governance and embed best practice across the lifecycle.
- You will act as the main point of contact for internal stakeholders on day to day TPRM matters, helping the business navigate risk requirements in a pragmatic and commercial way.
- This role carries real influence, autonomy and visibility as the organisation continues to grow.
Key Responsibilities
- Provide day to day oversight of offshore TPRM operations and delivery quality.
- Set clear standards and ensure outputs are accurate, consistent and audit ready.
- Track performance against agreed service measures and intervene where required.
- Support and coach the offshore team, including periodic on site engagement.
- Coordinate closely with Procurement and business stakeholders to ensure assessments are triggered at the right time.
- Partner with internal risk specialists to ensure higher risk cases receive appropriate review and resolution.
- Own escalation of complex risk issues and drive remediation activity to completion.
- Contribute to reporting, metrics and insights for senior stakeholders.
- Support the ongoing improvement of tools, systems and processes across TPRM.
What They’re Looking For:
- Strong hands on experience within Third Party Risk Management operations.
- Clear understanding of what good looks like in a well run TPRM function.
- Proven background in process improvement and transformation.
- Confidence operating independently in a changing environment.
- Excellent communication and stakeholder engagement skills.
- Experience working with offshore or remote teams.
- People leadership experience is advantageous but not essential.
- Background from consulting and or industry is welcomed.
Why This Role
This is a genuine build and transform opportunity within a fintech that is investing heavily in procurement and risk capability. If you enjoy ownership, delivery responsibility and shaping how a function operates, this role offers real scope and progression.
Third Party Risk Management Lead - Procurement employer: Chartered Institute of Procurement and Supply (CIPS)
Contact Detail:
Chartered Institute of Procurement and Supply (CIPS) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Risk Management Lead - Procurement
✨Tip Number 1
Network like a pro! Reach out to people in the fintech and procurement space on LinkedIn. Join relevant groups, attend webinars, and don’t be shy about asking for informational chats. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by researching the company’s culture and values. Tailor your responses to show how you can contribute to their goals, especially around Third Party Risk Management. We want to see that you’re not just a fit for the role, but for the team too!
✨Tip Number 3
Showcase your problem-solving skills! In your conversations, highlight specific examples of how you've improved processes or tackled challenges in past roles. This is key for a position focused on transformation and operational outcomes.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our growing team. Let’s make this happen together!
We think you need these skills to ace Third Party Risk Management Lead - Procurement
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Third Party Risk Management Lead. Highlight your experience in TPRM operations and any process improvement projects you've led. We want to see how you can bring value to our fast-moving environment!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with our goals. We love seeing candidates who can communicate their vision clearly and confidently.
Showcase Your Leadership Skills: Even if you don't have formal people leadership experience, share examples of how you've influenced teams or projects. We’re looking for someone who can coach and support others, so let us know how you've done that in the past!
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 don’t miss out on any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Chartered Institute of Procurement and Supply (CIPS)
✨Know Your TPRM Inside Out
Make sure you have a solid grasp of Third Party Risk Management principles and practices. Brush up on the latest trends in risk management, especially in fintech. Being able to discuss how you would modernise and improve TPRM processes will show that you're not just familiar with the basics but are ready to take ownership.
✨Showcase Your Process Improvement Skills
Prepare specific examples of how you've successfully improved processes in previous roles. Think about times when you introduced automation or enhanced governance. This is a key part of the role, so demonstrating your ability to drive transformation will set you apart.
✨Engage with Stakeholders
Since this role involves significant interaction with internal stakeholders, practice articulating how you would communicate risk requirements effectively. Be ready to discuss your approach to stakeholder engagement and how you would ensure assessments are timely and relevant.
✨Demonstrate Leadership Potential
Even if you don't have extensive people leadership experience, be prepared to talk about how you would support and coach the offshore team. Highlight any past experiences where you've led projects or initiatives, as this will show your capability to influence and guide others.
