Third Party Risk Manager
Third Party Risk Manager

Third Party Risk Manager

Nottingham Full-Time 68000 - 95200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage third-party risk and improve supplier performance in a dynamic financial services environment.
  • Company: Join a leading financial services organisation committed to excellence and compliance.
  • Benefits: Enjoy remote work, a £68K salary, bonuses, and generous pension contributions.
  • Why this job: Be part of a culture that values stakeholder engagement and offers impactful training opportunities.
  • Qualifications: Degree required; TPRM experience and strong communication skills are essential.
  • Other info: Flexible benefits include health perks, holiday trading, and employee discounts.

The predicted salary is between 68000 - 95200 £ 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: LinkedIn

Join a leading financial services organisation that prioritises employee growth and well-being, offering a fully remote work environment with a competitive salary of £68K plus bonuses. With a strong focus on compliance and supplier performance, you will thrive in a culture that values stakeholder engagement and continuous learning, supported by generous benefits including a robust pension scheme and private medical insurance.
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Contact Detail:

LinkedIn 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.

✨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 set you apart during discussions with hiring managers.

We think you need these skills to ace Third Party Risk Manager

Third Party Risk Management (TPRM)
Regulatory Compliance
Stakeholder Engagement
Supplier Performance Management
Risk Assessment
Training and Development
Quality Assurance (QA) Reviews
Commercial Terms Knowledge
Financial Literacy
Advanced MS Office Skills
Report Preparation
Communication Skills
Sourcing Strategy
Remediation Management
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in third-party risk management, particularly within financial services. Use specific examples that demonstrate your stakeholder management skills and compliance with TPRM frameworks.

Craft a Compelling Cover Letter: In your cover letter, explain why you are the ideal candidate for the TPRM & Supplier Manager role. Mention your understanding of sourcing and commercial terms, and how your skills align with the responsibilities outlined in the job description.

Showcase Relevant Skills: Emphasise your financial literacy and advanced MS Office skills in your application. Provide examples of how you've used these skills to drive supplier performance or improve compliance in previous roles.

Highlight Continuous Learning: Mention any relevant qualifications, such as CIPS or similar, and express your commitment to continuous professional development. This shows your dedication to staying updated on regulatory requirements and best practices in TPRM.

How to prepare for a job interview at LinkedIn

✨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 effectively implemented in the new position.

✨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 relevant regulatory requirements in the financial services sector. Being able to discuss these regulations confidently will show your understanding of the compliance landscape.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving skills in third-party risk situations. Think of specific instances where you've successfully navigated challenges and be ready to share those stories.

Third Party Risk Manager
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