Third Party Risk Manager – 12 Month FTC

Legal & General (L&G) is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best. Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.

We’re recruiting for a Third Party Risk Manager to join us on a 12 month FTC. In this role you’ll work in a team that’s responsible for setting, embedding and maturing the Third Party Risk Management (TPRM) framework, policy and standards, ensuring that our governance and controls are well-designed, proportionate, and effective in meeting regulatory requirements and protecting our customers and our business. You’ll work closely with stakeholders across Group Procurement, 1st, 2nd and 3rd line risk teams, and service delivery owners across our diverse and complex organisation. This role offers autonomy and variety within your day-to-day work within a supportive team, with freedom to be curious and bring new ideas to the table.

What you’ll be doing:

• Supporting the development, maintenance, and implementation of TPRM policies, standards, controls, and guidelines in line with evolving regulatory requirements, working across all three lines of defence.
• Overseeing and coordinating internal audit and 2nd line assurance reviews, providing TPRM subject matter expertise and quality assurance.
• Leading regulatory compliance workstreams and regulatory engagement, including managing notifications and regulatory returns.
• Leading the enhanced supplier assurance programme and managing outsourced assessment and assurance activities.
• Designing and implementing governance and control frameworks for non‑traditional and intragroup third parties.
• Designing and implementing the quality assurance framework for oversight of policy compliance.
• Overseeing due diligence and assurance activity for new and existing suppliers, monitoring and reporting compliance with policy and regulatory requirements.
• Providing expert TPRM guidance to SRM, Procurement, and business stakeholders to support effective supplier risk assessment, management, and mitigation in line with L&G and consumer duty requirements.

Qualifications:

• Background in audit, assurance, governance or controls within a regulated financial services environment.
• Strong understanding of financial services, insurance, and investment management operations and associated regulatory landscape.
• Experience designing and implementing oversight, assurance, or governance frameworks.
• Excellent stakeholder management skills, able to influence and engage at all levels.
• Ability to work autonomously, exercise good judgement, and deliver high quality outputs in a fast paced environment.
• Comfort operating in an agile, evolving change environment, bringing structure and clarity where needed.
• Relevant audit, risk, or assurance qualifications desirable (e.g., IIA, ACA, CIA, IRM).

Benefits:

• The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes.
• Generous pension contribution.
• Life assurance.
• Healthcare Plan (permanent employees only).
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday.
• Competitive family leave.
• Participate in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax efficient salary sacrifice (permanent employees only).
• There are the many discounts we offer – both for our own products and at a range of high street stores and online.
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart.

Additional Information:

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part‑time, term‑time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.