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- Tasks: Support a strategic uplift programme for Third Party Technology Escrow framework.
- Company: Join one of the world's leading banks and strengthen resilience.
- Benefits: Enjoy hybrid work options and potential contract extension.
- Why this job: Make a real impact on software services and compliance in a dynamic environment.
- Qualifications: Experience in software escrow management and strong analytical skills required.
- Other info: Role based in London, with up to 3 days in the office.
The predicted salary is between 48000 - 72000 £ per year.
Job Title: Escrow Consultant
Location: London (Hybrid up to 3 days per week in office)
Start Date: ASAP
Contract: Initial term until end of November 2025
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Help strengthen resilience at one of the worlds leading banks.
Were seeking a highly organised and technically adept Technology Escrow Specialist to support a strategic uplift programme aimed at assessing, redefining, and fortifying the Third Party Technology Escrow framework.
This is a critical role ensuring the most vital third-party software services from on-premise applications to SaaS are backed by robust, verifiable, and release-ready escrow arrangements, aligned with global regulatory and internal standards.
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Key Responsibilities:
Conduct an As Is assessment of existing escrow usage, with a focus on coverage of Important/Critical Services, frequency of deposits, and levels of validation.
Define new policy standards and guidance in collaboration with stakeholders across the first and second lines of defence.
Develop a comprehensive escrow framework addressing:
o Service-type criteria for escrow relevance
o Source code deposit requirements
o Build and verification processes
o Contractual considerations
Design a supporting operating model defining role-based escrow responsibilities.
Establish best-practice governance, reporting, and records management for escrow arrangements.
Drive remediation efforts to ensure critical third-party services are protected by effective escrow mechanisms.
Engage closely with Legal, Procurement, Technology, and external escrow providers to embed stronger controls.
Define and implement governance and oversight structures to maintain compliance and manage exceptions.
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What Youll Bring:
Experience:
Strong track record in end-to-end software escrow management, including contract setup, source code verification, live scenario execution, and framework oversight.
Hands-on experience with source code deposit and build verification, including coordinating technical verifications with external agents.
In-depth understanding of the Third Party Management lifecycle and supplier risk dynamics.
Knowledge of key resilience regulations, such as PRA SS1/21 and DORA (EU Regulation 2022/2554).
Background in Third Party Risk and Resilience, with experience in cybersecurity, business continuity, and exit strategies.
Familiarity with Supplier Relationship Management (SRM) best practices.
Skills:
Analytical thinker with the ability to convert complex data and requirements into clear, actionable plans.
Self-starter who can independently drive results and manage competing priorities.
Strong stakeholder management, communication, and influencing skills.
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Contract Details:
Start: ASAP
Duration: Until end of November 2025 (with potential for extension)
Location: London-based, up to 3 days/week in the office
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Escrow Consultant employer: Networker Global Limited
Contact Detail:
Networker Global Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Escrow Consultant
✨Tip Number 1
Familiarise yourself with the key regulations mentioned in the job description, such as PRA SS1/21 and DORA. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to compliance and risk management.
✨Tip Number 2
Network with professionals in the escrow and third-party risk management fields. Attend relevant industry events or webinars to connect with potential colleagues and learn about best practices that can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss specific examples of your experience with source code verification and escrow management. Be ready to explain how you've successfully navigated challenges in previous roles, as this will showcase your hands-on expertise.
✨Tip Number 4
Research StudySmarter and our values to align your responses during the interview. Showing that you understand our mission and how it relates to the role of Escrow Consultant will make a positive impression on the hiring team.
We think you need these skills to ace Escrow Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in software escrow management and third-party risk. Use specific examples that demonstrate your analytical skills and stakeholder management abilities.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Escrow Consultant role and how your background aligns with the key responsibilities outlined in the job description. Be sure to mention your familiarity with resilience regulations and your experience in managing escrow frameworks.
Showcase Relevant Skills: When writing your application, emphasise your technical skills related to source code verification and your understanding of the Third Party Management lifecycle. Highlight any hands-on experience you have with contractual considerations and governance structures.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role of an Escrow Consultant.
How to prepare for a job interview at Networker Global Limited
✨Understand the Escrow Framework
Make sure you have a solid grasp of the escrow framework and its importance in software management. Be prepared to discuss how you would assess existing escrow usage and what new policy standards you might propose.
✨Showcase Your Technical Skills
Highlight your hands-on experience with source code deposits and build verification. Be ready to provide examples of how you've coordinated technical verifications in the past, as this will demonstrate your capability in managing complex processes.
✨Demonstrate Stakeholder Management
Since this role involves engaging with various stakeholders, prepare to discuss your approach to stakeholder management. Share specific instances where you've successfully influenced or collaborated with teams like Legal, Procurement, or Technology.
✨Familiarise Yourself with Relevant Regulations
Brush up on key resilience regulations such as PRA SS1/21 and DORA. Being able to articulate how these regulations impact third-party technology escrow will show that you are well-informed and ready to contribute from day one.
