At a Glance
- Tasks: Lead third-party risk assessments and design tailored frameworks for clients.
- Company: Join a top management consultancy making waves in risk and compliance.
- Benefits: Enjoy hybrid working, flexible contracts, and competitive pay.
- Why this job: Work on impactful projects with high-profile clients in a collaborative environment.
- Qualifications: Experience in third-party risk and AML; relevant certifications are a plus.
- Other info: Opportunity to upskill and build relationships with senior stakeholders.
The predicted salary is between 48000 - 72000 £ per year.
Location: Manchester/London (Hybrid)
Contract Type: Permanent/Contract (Flexible)
Overview: Our client, a leading management consultancy, is seeking an experienced Third Party Risk Subject Matter Expert with a strong background in Anti-Money Laundering (AML) and/or Financial Crime to support the delivery of complex client engagements across risk and compliance. This is an excellent opportunity to join a collaborative team and contribute to high-impact programmes within highly regulated sectors.
Key Responsibilities:
- Serve as the subject matter expert for third-party risk, with a particular focus on AML and financial crime risk exposures within vendor and supply chain relationships.
- Design and implement third-party risk frameworks, policies, and procedures tailored to clients’ regulatory and operational environments.
- Lead or support risk assessments, enhanced due diligence, and ongoing monitoring activities for third parties.
- Advise clients on emerging risks and regulatory developments (e.g., FCA, PRA, UK Money Laundering Regulations, ESG).
- Deliver client-facing workstreams and contribute to risk transformation projects, ensuring third party controls align with wider financial crime prevention strategies.
- Build strong relationships with senior stakeholders and support internal teams through knowledge sharing and upskilling.
Candidate Profile:
- Extensive experience in third party risk management, with demonstrable expertise in AML, financial crime compliance, or broader regulatory risk.
- Background in consultancy, financial services, or a similarly regulated environment.
- Strong understanding of risk frameworks and control environments (e.g., JMLSG Guidance, Wolfsberg Principles, ISO standards).
- Excellent communication, stakeholder engagement, and analytical skills.
- Relevant certifications (e.g., ICA, ACAMS, CRISC, CTPRP) are highly desirable.
Why Apply:
- Be part of a progressive consultancy shaping risk and compliance strategy across sectors.
- Engage with high-profile clients and complex regulatory challenges.
- Hybrid working model and flexible engagement options.
- Competitive remuneration, based on experience and contract type.
Seniority level: Associate
Employment type: Full-time
Job function: Accounting/Auditing and Consulting
Industries: Business Consulting and Services
Consultant - Third Party Risk employer: Procurement People
Contact Detail:
Procurement People Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consultant - Third Party Risk
✨Tip Number 1
Familiarise yourself with the latest AML regulations and financial crime trends. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the consultancy and financial services sectors. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.
✨Tip Number 3
Prepare to discuss specific case studies or examples from your past work that highlight your expertise in third-party risk management and AML compliance. Real-world scenarios can showcase your problem-solving skills and practical knowledge.
✨Tip Number 4
Research the company culture and values of the consultancy you're applying to. Tailoring your approach to align with their mission can help you stand out as a candidate who is not only qualified but also a good fit for their team.
We think you need these skills to ace Consultant - Third Party Risk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in third-party risk management, particularly focusing on AML and financial crime compliance. Use specific examples that demonstrate your expertise and align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your relevant certifications and how your background in consultancy or financial services makes you a strong candidate for this position.
Highlight Relevant Experience: In your application, emphasise any previous roles where you designed and implemented risk frameworks or conducted risk assessments. This will show your capability to handle the responsibilities outlined in the job description.
Showcase Communication Skills: Since the role requires excellent communication and stakeholder engagement skills, provide examples in your application that illustrate your ability to build relationships and share knowledge effectively with senior stakeholders.
How to prepare for a job interview at Procurement People
✨Showcase Your Expertise
Make sure to highlight your experience in third-party risk management, especially your knowledge of AML and financial crime. Prepare specific examples from your past roles that demonstrate your ability to design and implement risk frameworks.
✨Understand Regulatory Landscape
Familiarise yourself with the latest regulations and guidelines relevant to the role, such as FCA, PRA, and UK Money Laundering Regulations. Being able to discuss these in detail will show your commitment and understanding of the industry.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about how you would handle risk assessments or advise clients on emerging risks, and be ready to articulate your thought process clearly.
✨Build Rapport with Interviewers
Since strong stakeholder engagement is crucial for this role, practice building rapport during the interview. Show enthusiasm for collaboration and be prepared to discuss how you've successfully engaged with senior stakeholders in the past.