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For Companies At a Glance
- Tasks: Manage third-party risk and ensure compliance in a dynamic financial services environment.
- Company: Join a leading financial services organisation committed to excellence and innovation.
- Benefits: Enjoy remote work, a competitive salary, bonuses, and generous pension contributions.
- Why this job: Be part of a crucial role that enhances supplier performance and drives compliance.
- Qualifications: TPRM experience in financial services and a degree are essential; CIPS preferred.
- Other info: Flexible benefits include health perks, employee discounts, and holiday trading options.
The predicted salary is between 51000 - 85000 £ per year.
A leading financial services organisation is seeking a TPRM & Supplier Manager to strengthen third-party risk management across the business. This role focuses on ensuring compliance with the TPRM framework, improving supplier performance, and supporting sourcing activity. Ideal for someone with strong stakeholder management skills and deep experience in third-party risk within a regulated environment.
Key Responsibilities:
- Drive adoption of the TPRM framework and support BRMs in executing risk assessments
- Ensure regulatory compliance across the third-party lifecycle
- Deliver training, guidance, and TPRM clinics to improve business-wide capability
- Conduct QA reviews, monitor sub-outsourcing, and manage remediation activities
- Support sourcing and supplier optimisation initiatives
- Prepare reports for governance and risk forums
Essential Skills & Experience:
- TPRM experience in financial services
- Strong understanding of sourcing and commercial terms
- Knowledge of relevant regulatory requirements
- Excellent stakeholder engagement and communication skills
- Financial literacy and advanced MS Office skills
- Degree required; CIPS or similar qualification preferred
Package:
- Basic salary: £68K
- Fully remote
- Annual Bonus Scheme, based on personal and company performance
- Generous Pension Contributions – Up to 12% employer contributions based on tenure and employee input
- Private Medical Insurance & Group Income Protection
- Flexible Benefits & Wellbeing Perks – Includes holiday trading, dental/vision cover, travel insurance, health assessments, employee discounts
Third Party Risk Manager employer: Intec Select
Contact Detail:
Intec Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Risk Manager
✨Tip Number 1
Familiarise yourself with the TPRM framework and relevant regulatory requirements. Understanding these concepts will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in third-party risk management. Engaging with industry peers can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved supplier performance or managed risks in previous roles. Real-life scenarios can showcase your expertise and problem-solving skills effectively.
✨Tip Number 4
Stay updated on current trends and challenges in third-party risk management within financial services. Being knowledgeable about the latest developments will help you stand out as a candidate who is proactive and informed.
We think you need these skills to ace Third Party Risk Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the TPRM & Supplier Manager position. Tailor your application to highlight your relevant experience in third-party risk management within financial services.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with TPRM frameworks, stakeholder engagement, and regulatory compliance. Use specific examples to demonstrate your skills and achievements in these areas.
Showcase Communication Skills: Given the importance of stakeholder management in this role, ensure your application reflects your excellent communication skills. Mention any training or guidance you've provided in previous roles to illustrate your capability.
Tailor Your Application: Customise your CV and cover letter for this specific job. Use keywords from the job description, such as 'sourcing', 'commercial terms', and 'financial literacy', to align your application with what the company is looking for.
How to prepare for a job interview at Intec Select
✨Understand the TPRM Framework
Make sure you have a solid grasp of the Third Party Risk Management framework. Be prepared to discuss how you've applied it in previous roles and how it can be adapted to meet the needs of the organisation you're interviewing with.
✨Showcase Stakeholder Management Skills
Highlight your experience in engaging with various stakeholders. Prepare examples that demonstrate your ability to communicate effectively and manage relationships, as this is crucial for the role.
✨Familiarise Yourself with Regulatory Requirements
Brush up on the relevant regulatory requirements in the financial services sector. Being able to discuss these confidently will show that you understand the compliance landscape and its importance in third-party risk management.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in real-world situations. Think of specific instances where you've successfully managed risks or improved supplier performance, and be ready to share those stories.
