At a Glance
- Tasks: Shape and implement a new Third Party Risk Management framework.
- Company: Highly regarded financial services organisation with a focus on innovation.
- Benefits: 12-month FTC, high-profile role, and significant stakeholder exposure.
- Other info: Opportunity to shape strategy and best practices in a growing function.
- Why this job: Build a new capability and make a real impact in risk management.
- Qualifications: Experience in Third Party Risk Management and excellent stakeholder skills.
The predicted salary is between 60000 - 75000 £ per year.
12-Month FTC
An exciting opportunity has arisen to join a highly regarded financial services organisation as they establish a brand-new Third Party Risk Management capability. This is a newly created role with significant visibility across the business, offering the opportunity to shape and implement a formal third-party risk framework from the ground up. You'll work closely with senior stakeholders to ensure supplier and outsourcing risks are effectively identified, assessed, monitored, and managed across a complex supplier landscape.
As Third Party Risk Manager, you will be responsible for developing and embedding a consistent approach to managing risk across all third-party and outsourced relationships. You'll assess existing supplier arrangements, establish governance frameworks, develop meaningful reporting, and help ensure the organisation has appropriate oversight of risks throughout its supply chain.
Key areas of focus include:
- Developing and implementing a Third Party Risk Management framework
- Assessing supplier, operational, financial, commercial, and reputational risks
- Supporting the rollout of Supplier Relationship Management (SRM) processes
- Creating risk reporting, dashboards, and governance structures
- Working closely with supplier owners and senior stakeholders across the business
- Reviewing critical outsourcing arrangements and ensuring appropriate controls are in place
- Driving continuous improvement and best practice across supplier risk management
We're keen to speak with candidates who have experience in:
- Third Party Risk Management
- Procurement Risk
- Commercial Risk
- Outsourcing Governance
You will ideally possess:
- Experience implementing supplier or third-party risk frameworks
- Strong understanding of complex commercial and outsourcing arrangements
- Knowledge of FCA regulations and regulated environments
- Experience working within financial services, pensions, insurance, banking, or other regulated sectors
- Excellent stakeholder management and influencing skills
- The ability to operate both strategically and hands-on
Experience working with large outsourced service providers and technology partners would be highly advantageous.
Opportunity to build a new capability from the ground up. High-profile role with significant stakeholder exposure. Join a growing and evolving function. Real opportunity to shape strategy and best practice.
If you'd like to learn more, please get in touch for a confidential discussion.
Supplier Risk Manager employer: Liberty Towers
Join a leading financial services organisation that values innovation and collaboration, offering you the chance to shape a new Third Party Risk Management capability. With a strong focus on employee development, a supportive work culture, and significant visibility across the business, this role provides a unique opportunity to influence strategy and best practices while working closely with senior stakeholders. Enjoy a dynamic environment that encourages continuous improvement and offers meaningful career growth in a highly regarded sector.
StudySmarter Expert Advice🤫
We think this is how you could land Supplier Risk Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the hunt for a Supplier Risk Manager role. You never know who might have the inside scoop on opportunities or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of third-party risk management frameworks. Be ready to discuss how you've successfully managed supplier risks in the past, and don’t forget to highlight your stakeholder management skills!
✨Tip Number 3
Showcase your strategic thinking! When chatting with potential employers, share examples of how you've driven continuous improvement in supplier risk management. This will demonstrate your ability to operate both strategically and hands-on, which is key for this role.
✨Tip Number 4
Don’t just apply anywhere—apply through our website! We’re all about finding the right fit, and applying directly helps us see your enthusiasm for the role. Plus, it gives you a better chance to stand out from the crowd!
We think you need these skills to ace Supplier Risk Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Supplier Risk Manager. Highlight your experience in Third Party Risk Management and any relevant frameworks you've implemented. We want to see how your skills align with what we're looking for!
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 you can contribute to building our new Third Party Risk Management capability. Keep it engaging and personal – we love a good story!
Showcase Your Stakeholder Skills:Since this role involves working closely with senior stakeholders, make sure to highlight your excellent stakeholder management and influencing skills. Share examples of how you've successfully navigated complex relationships in the past – we want to know how you can bring that to our team!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Liberty Towers
✨Know Your Risk Frameworks
Make sure you brush up on various third-party risk management frameworks before the interview. Be ready to discuss how you've implemented these in past roles and how they can be tailored to fit the new capability being established.
✨Understand the Business Landscape
Familiarise yourself with the financial services sector, especially around FCA regulations. This will help you speak confidently about how to manage supplier risks in a regulated environment and demonstrate your understanding of the complexities involved.
✨Showcase Stakeholder Management Skills
Prepare examples that highlight your experience in managing senior stakeholders. Think about times when you influenced decisions or drove change, as this role will require strong collaboration across the business.
✨Be Ready for Scenario Questions
Expect questions that ask you to assess hypothetical supplier risks or to outline how you would develop governance structures. Practise articulating your thought process clearly, as this will showcase your strategic thinking and hands-on approach.
