At a Glance
- Tasks: Lead third-party risk management and ensure compliance with regulatory standards.
- Company: Join a forward-thinking financial services firm committed to innovation and diversity.
- Benefits: Enjoy competitive salary, private medical insurance, and 28 days' annual leave.
- Other info: Dynamic workplace focused on continuous improvement and professional development.
- Why this job: Make a real impact by safeguarding assets and enhancing supplier relationships.
- Qualifications: Experience in supplier risk management and strong understanding of regulatory frameworks.
The predicted salary is between 69750 - 85250 £ per year.
Role purpose
We are seeking a well-rounded TPRM professional with strong regulatory alignment (SS2/21), hands-on supplier risk management experience, and capability in systems, reporting, and operational resilience within a regulated environment.
You will lead PIC’s Third-Party Risk Management (TPRM) programme, overseeing the identification, assessment, mitigation, and monitoring of third-party risks to ensure alignment with strategic objectives and regulatory requirements, while safeguarding the organisation’s assets, reputation, and stakeholders.
Key Responsibilities & Accountabilities
- Lead third-party risk lifecycle, including onboarding and assessments.
- Implement risk controls and mitigation strategies.
- Monitor supplier performance and risk exposure.
- Deliver reporting and insights to senior stakeholders.
- Communicate risks clearly and proactively.
- Manage supplier relationships, KPIs, and SLAs
- Manage supplier issues, disputes, and exits.
- Ensure compliance and drive continuous improvement.
- Use data to enhance reporting and decision-making.
- Maintain ongoing professional development.
- Key skills and experience
PIC operates within the financial services industry and, therefore, is regulated by the FCA and the PRA.
We would expect you to be able to demonstrate a good understanding of the regulatory framework and how it applies to the company.
- Technical Attributes
- Strong knowledge of PRA SS2/21 and operational resilience (SS1/21)
- End-to-end expertise in the TPRM lifecycle
- Experience in supplier risk, performance, and relationship management
- Hands-on due diligence, assurance, and ongoing monitoring
- Proficiency in TPRM / GRC systems (e. g. Service Now, Prevalent)
- Strong data, reporting, and Power BI (or similar) capability for risk oversight and decision-making
- Knowledge of AI and how it can be used within TPRM.
- Personal Attributes
- Translate regulatory requirements into practical controls, frameworks, and SOPs.
- Conduct robust risk assessments and supplier assurance (e. g. ISO, SOC reviews)
- Manage supplier performance and relationships, including KPIs/KRIs and governance.
- Influence and engage stakeholders across business, risk, and technical teams.
- Deliver clear, concise reporting for senior management and Board audiences.
- DE&I at PIC
At PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences.
We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio-economic background, feels valued, heard and empowered to succeed.
We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community.
While we’re proud of our progress, we recognise there’s work ahead, and we remain dedicated to listening, learning and evolving together.
In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you’ll have access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme, insurance for Travel, Private Medical, Critical Illness, Life Assurance and Income Protection, and much more.
Third Party Risk and Supplier Relationship Manager in London employer: Pension Insurance Corporation
Pension Insurance Corporation is an exceptional employer that fosters a collaborative and innovative work culture, where your expertise as a Principal C# Architect & Engineering Leader will be valued and impactful. With a strong focus on employee growth, we offer mentorship opportunities and the chance to shape technology strategy in a supportive environment, all while contributing to meaningful projects that enhance our digital services. Located in a vibrant area, we provide a dynamic workplace that encourages professional development and work-life balance.
Contact Details:
Pension Insurance Corporation Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Third Party Risk and Supplier Relationship Manager in London
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We think you need these skills to ace Third Party Risk and Supplier Relationship Manager in London
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How to prepare for a job interview at Pension Insurance Corporation
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