Third Party Risk Management (TPRM) Specialist

Third Party Risk Management (TPRM) Specialist

An opportunity for a Third Party Risk Management (TPRM) Specialist to join a financial services firm and be instrumental in the build-out and maturing of their TPRM function.

Responsibilities:

• Ensure suppliers adhere to governance standards by overseeing due diligence, onboarding, and contract renewals within the TPRM framework.
• Monitor due diligence processes, respond to queries from business and Risk SMEs, and act as a key escalation point for supplier-related issues.
• Work with Finance to oversee procurement budgets, track expenditures, identify cost-saving opportunities, and monitor supplier costs against forecasts.
• Lead supplier audits, ensuring compliance with policies.
• Deliver timely insights on procurement activities, including project costs, expense management, spend analysis, pipeline management, and business-as-usual services.
• Design and maintain financial management tools, including standardized contractual templates, to enhance procurement efficiency.

Minimum Requirements:

• Third Party Risk Management (TPRM) Analyst / Manager within financial services.
• Experience in supplier management lifecycle from onboarding to offboarding.
• Strong analytical skills.

On Offer:

• Hybrid: 3 days / week in London.

Seniority Level:

Mid-Senior level

Employment Type:

Full-time

Job Function:

Supply Chain

#J-18808-Ljbffr