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- Tasks: Lead third-party risk management and ensure compliance with policies and regulations.
- Company: Join Just, a fast-growing FTSE 250 company dedicated to improving retirement for all.
- Benefits: Enjoy competitive salary, generous leave, private medical cover, and a bonus scheme.
- Why this job: Make a real impact while developing your career in a supportive and innovative environment.
- Qualifications: Financial services knowledge is essential; experience in TPRM or SRM roles preferred.
- Other info: Be part of a diverse team committed to sustainability and social responsibility.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Third Party Governance Manager role at Just Group plc
About the role
The Third-Party Governance Manager oversees Just\’s Third Party Risk Management (TPRM) programme, ensuring compliance with Group Procurement & Outsourcing Policy (GPOP) and regulatory standards.
This role works with business stakeholders to onboard, monitor, and manage third parties to reduce risk, and collaborates with Relationship Managers to regularly review third party performance and address risks.
Responsibilities
- Governance frameworks and documentation: Maintain Just’s key TRPM policies and frameworks to ensure risks are well identified, managed, controlled and monitored. Update frameworks to reflect changes in regulations and taking into consideration Consumer Duty and ESG requirements. Maintain the Group Procurement and Outsourcing manual (GPOM) and seek to continuously improve the manual’s usability and clarity.
- Maintain repository of information on Third Parties: Manage Just’s contracts management and TPRM system, Gatekeeper, implementing enhancements to improve risk coverage and user adoption. Ensure quality of input and structure of data captured is useful for Third Party risk analysis and oversight.
- Support Relationship Managers (RM): RMs reside in the business and are responsible for the relationships they manage. The TPRM and Governance Manager supports the RMs in understanding their duties and setting expectations of deliverables. This includes ensuring that RMs meet scheduled governance activities such as monthly, quarterly, and annual reviews, completion of due diligence questionnaires, compliance attestations, materiality assessments, and updates to the Register of Third Parties.
- Risk assessment and performance management of Third Parties: Maintain risk assessment framework in order to establish criteria to identify High, Medium and Low Risk third parties. Support due diligence processes for both existing and proposed third parties. Ensure new third parties are assessed as part of the onboarding process. Facilitate annual risk reviews and ensure identified third-party risks have ownership, acceptance, or mitigation actions established. Support the business in overseeing third party performance reviews and documenting review frequency.
- Reporting and analysis: Prepare regular group-wide third-party risk reports enabling the business to understand their third party risk exposure. Analyse exposure and monitor for changes in this exposure and where risk management approaches need to evolve accordingly.
Skills & Experience
- Financial services regulatory background and knowledge (possibly also pharmaceutical) is essential
- Experience in a dedicated SRM or TPRM role
- Ability to perform tasks effectively within a decentralised TPRM environment
- Ability to collaborate with multiple stakeholders across a broad third-party base
- Skilled in planning, organisation, and managing varied workloads
- Self-driven, works well with minimal supervision
- Effective team player, manages time and stakeholder expectations efficiently
- Highly organised with strong attention to detail
- Strong negotiation and influencing skills
- Excellent verbal, written, and interpersonal communication
- Strong problem analysis and resolution abilities
Company Benefits
- A Competitive Salary, Pension Scheme and Life Assurance
- Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
- Private Medical Cover and Income Protection, just in case
- A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
- Opportunity to progress within your career both in-role and within the company
- FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
- A variety of Employee Funded Benefits available to you via our Online Benefits Portal
- Plus, several additional purchase options available for you and your loved ones
Why Just?
At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture – we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.
We’re committed to building a more sustainable business, and we’re working hard to make progress against our Net Zero targets. We\’re reducing our reliance on fossil fuels in our offices, switching to more sustainable sources of energy and we\’re investing more of our money in green and social assets.
Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just. We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.
Be Bold. Be Brilliant. Be Just.
At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.
Seniority level
- Associate
Employment type
- Full-time
Job function
- Other
Industries
- Financial Services, Insurance, and Pension Funds
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Third Party Governance Manager employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Governance Manager
✨Tip Number 1
Familiarise yourself with Just's mission and values. Understanding their commitment to helping customers achieve a better later life will allow you to align your responses during interviews, showcasing how your personal values resonate with theirs.
✨Tip Number 2
Network with current or former employees of Just, especially those in governance or risk management roles. They can provide valuable insights into the company culture and expectations for the Third Party Governance Manager position.
✨Tip Number 3
Stay updated on the latest trends and regulations in third-party risk management and financial services. Being knowledgeable about current issues will help you demonstrate your expertise and proactive approach during discussions.
✨Tip Number 4
Prepare specific examples from your past experience that highlight your skills in managing third-party relationships and risk assessments. Tailoring your examples to reflect the responsibilities outlined in the job description will make you stand out as a candidate.
We think you need these skills to ace Third Party Governance Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Third Party Governance Manager. Tailor your application to highlight relevant experience in risk management and compliance with procurement policies.
Highlight Relevant Experience: In your CV and cover letter, emphasise your background in financial services and any specific experience with third-party risk management. Mention any certifications like SRM or CIPS that are desirable for this role.
Showcase Your Skills: Demonstrate your skills in planning, organisation, and stakeholder management. Use specific examples from your past roles to illustrate how you've successfully managed varied workloads and collaborated with multiple stakeholders.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your understanding of Just's mission to help people achieve a better later life. Make it personal and show your enthusiasm for contributing to their goals.
How to prepare for a job interview at Just Group plc
✨Understand the Company Culture
Before your interview, take some time to research Just's company culture. They value ambition, curiosity, and collaboration, so be prepared to discuss how your values align with theirs and how you can contribute to their mission of helping customers enjoy a better later life.
✨Showcase Your Regulatory Knowledge
Given the importance of financial services regulatory knowledge for this role, be ready to discuss your experience in this area. Highlight any relevant certifications, such as SRM or CIPS, and provide examples of how you've successfully navigated regulatory challenges in previous roles.
✨Demonstrate Stakeholder Collaboration Skills
As the Third Party Governance Manager, you'll need to work with various stakeholders. Prepare examples of past experiences where you've effectively collaborated with different teams or departments, showcasing your ability to manage relationships and expectations.
✨Prepare for Problem-Solving Scenarios
Expect to be asked about how you approach problem analysis and resolution. Think of specific instances where you've identified risks or issues within third-party management and explain the steps you took to address them, demonstrating your analytical skills and attention to detail.
