Third Party Risk Management
Third Party Risk Management

Third Party Risk Management

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the creation of a Third Party Risk Management framework and conduct vendor assessments.
  • Company: Join a prestigious global law firm based in London, shaping risk management strategies.
  • Benefits: Enjoy flexible working with 2 days onsite and opportunities for professional growth.
  • Why this job: Make a real impact from day one in a dynamic, collaborative environment.
  • Qualifications: 2-5+ years in third-party risk or supplier management; strong contract review skills required.
  • Other info: This is a greenfield role, offering you the chance to innovate and influence.

The predicted salary is between 43200 - 72000 £ per year.

Job Description

Ready to build a Third Party Risk Management function from the ground up?

We're looking for a Third Party Risk Manager to join a global law firm in London (2 days per week onsite). This is a greenfield role with real influence, you'll design and embed the TPRM framework, develop tooling, and take ownership of vendor due diligence (DDQs) and risk assessments from day one.

In this role, you'll:

  • Build and implement a robust TPRM framework across the business.
  • Develop and optimise tools, processes, and reporting for monitoring vendor and supplier risk.
  • Review vendor contracts and security schedules, ensuring compliance with regulatory and internal standards.
  • Conduct risk assessments on third-party suppliers, including cloud, software licensing, and professional service vendors.
  • Collaborate with procurement, legal, compliance, and IT teams to ensure third-party risk is managed consistently and effectively.

You'll bring:

  • 2-5+ years' experience in third-party risk, supplier/vendor management, procurement, or category management.
  • Proven experience working in multinational or global environments with diverse stakeholders.
  • Confidence in reviewing vendor contracts, including security schedules.
  • Strong knowledge of ISO27001:2022 and information security standards.
  • Experience with TPRM tools/platforms; exposure to software licensing, cloud services, or professional services vendors is a plus.

This is your opportunity to shape how third-party risk is managed across a global business and have a real impact from day one.

Apply now and be the one to make it happen.

Third Party Risk Management employer: Picture More

Join a prestigious global law firm in London, where you will have the unique opportunity to build a Third Party Risk Management function from the ground up. With a strong emphasis on employee growth and collaboration, our work culture fosters innovation and influence, allowing you to make a significant impact from day one. Enjoy a flexible working arrangement with two days onsite, competitive benefits, and a commitment to professional development in a dynamic and supportive environment.
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Contact Detail:

Picture More Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Third Party Risk Management

✨Tip Number 1

Familiarise yourself with the latest trends and best practices in Third Party Risk Management. This will not only help you understand the role better but also allow you to speak confidently about how you can contribute to building the TPRM framework.

✨Tip Number 2

Network with professionals in the field of risk management, especially those who have experience in multinational environments. Engaging with them can provide insights into the challenges and expectations of the role, which you can leverage during discussions.

✨Tip Number 3

Prepare to discuss specific examples from your past experiences that demonstrate your ability to manage vendor relationships and conduct risk assessments. Highlighting your hands-on experience with TPRM tools and compliance standards like ISO27001:2022 will set you apart.

✨Tip Number 4

Showcase your collaborative skills by thinking of ways you can work effectively with procurement, legal, compliance, and IT teams. Being able to articulate how you would foster these relationships will be crucial in a role that requires cross-departmental collaboration.

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

Third-Party Risk Management
Vendor Management
Procurement Skills
Contract Review
ISO 27001:2022 Knowledge
Risk Assessment
Regulatory Compliance
Process Development
Reporting Skills
Collaboration Skills
Stakeholder Management
Attention to Detail
Analytical Skills
Experience with TPRM Tools/Platforms

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in third-party risk management, supplier/vendor management, and any specific tools or frameworks you've worked with. Use keywords from the job description to align your skills with what the company is looking for.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for building a TPRM function from scratch. Mention specific examples of how you've successfully implemented risk management frameworks or tools in previous roles, and how you can bring that expertise to this position.

Showcase Relevant Experience: When detailing your work history, focus on your experience with vendor due diligence, risk assessments, and compliance with regulatory standards. Highlight any collaboration with cross-functional teams, as this role requires working closely with procurement, legal, and IT.

Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in risk management roles.

How to prepare for a job interview at Picture More

✨Understand the TPRM Framework

Make sure you have a solid grasp of what a Third Party Risk Management framework entails. Be prepared to discuss how you would build and implement such a framework, as this role is all about shaping processes from scratch.

✨Showcase Your Experience

Highlight your 2-5+ years of experience in third-party risk or supplier management. Be ready to provide specific examples of how you've successfully managed vendor due diligence and risk assessments in previous roles.

✨Familiarise Yourself with Relevant Standards

Brush up on ISO27001:2022 and other information security standards. You may be asked to explain how these standards apply to vendor contracts and compliance, so having this knowledge will give you an edge.

✨Collaborative Mindset

This role requires collaboration with various teams like procurement, legal, and IT. Prepare to discuss how you've worked effectively with diverse stakeholders in the past and how you plan to ensure consistent risk management across departments.

Third Party Risk Management
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