Third Party Due Diligence Lead Specialist in City of Westminster
Third Party Due Diligence Lead Specialist

Third Party Due Diligence Lead Specialist in City of Westminster

City of Westminster Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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Quilter plc

At a Glance

  • Tasks: Lead and enhance Quilter's Third Party Risk Management framework to protect against external risks.
  • Company: Join a diverse and inclusive team at Quilter, committed to integrity and client service.
  • Benefits: Enjoy 26 days holiday, private medical insurance, and a non-contributory pension scheme.
  • Why this job: Make a real impact by ensuring compliance and managing third-party risks in a dynamic environment.
  • Qualifications: Experience in third-party management and strong understanding of regulatory frameworks required.
  • Other info: Collaborative culture with opportunities for professional growth and transformation initiatives.

The predicted salary is between 36000 - 60000 ÂŁ per year.

The Third Party Due Diligence Lead Specialist is responsible for operating and leading enhancement to further develop Quilter's Third Party Risk Management (TPRM) framework. This role ensures that all external vendors, suppliers and service providers are assessed to validate that they meet Quilter's risk, compliance, and performance standards. The role plays a critical part in protecting the business from third‑party risks and ensuring regulatory compliance, particularly with FCA, PRA, GDPR, and DORA requirements.

Responsibilities

  • Lead the ongoing enhancement of Quilter's supplier risk assessment and due diligence approach, ensuring it is efficient, proportionate and outcome‑focused.
  • Oversee supplier segmentation, risk assessment and due diligence activities across multiple risk domains, ensuring timely, high‑quality execution.
  • Assess due diligence findings holistically, identifying key risk themes and working with SMEs to agree proportionate remediation actions.
  • Own and enhance due diligence reporting, providing clear, value‑added insights and driving remediation through internal and external stakeholders.
  • Partner with Procurement to ensure appropriate risk and control clauses are embedded during onboarding and contract negotiations.
  • Collaborate with risk SMEs to identify early warning indicators and strengthen proactive risk detection and prevention.
  • Lead or support remediation of identified third‑ and Nth‑party risks or incidents.
  • Produce meaningful MI and risk reporting for senior management and governance forums.
  • Lead requirements gathering and support the selection and implementation of TPRM tooling.
  • Act as a senior SME for third‑party due diligence, supporting the evolution of TPRM policies, processes and controls.
  • Drive continuous improvement, staying aligned to regulatory expectations, industry best practice and emerging technologies.
  • Support internal and external audits related to third‑party risk.

Qualifications

  • Proven experience in third‑party management, vendor oversight, enterprise risk or transformation roles within financial services or a regulated environment.
  • Strong understanding of regulatory frameworks and key risk domains such as FCA, PRA, GDPR, and DORA.
  • Excellent communication and stakeholder‑engagement skills, with the ability to influence and manage complex priorities in a fast‑paced setting.
  • A proactive, analytical and agile approach focused on efficiency, process design and delivering meaningful change.
  • Strategic mindset with a collaborative, team‑oriented approach.
  • High levels of professionalism, credibility and personal integrity.
  • Strong delivery focus, energy and drive, with the ability to deliver through others.
  • Customer‑focused decision‑making, with an emphasis on good customer outcomes.
  • Degree in Risk, Business, Finance or a related discipline (postgraduate qualifications or professional certifications desirable).
  • Experience contributing to or leading transformation initiatives.
  • Prior experience in wealth or investment management (highly advantageous).

Culture and Values

We value diversity and strive to promote inclusivity in all aspects of our culture. We believe in equal opportunities for all, ensuring that no applicant encounters less favourable treatment based on anything but their skills, qualifications, experience, and potential. We celebrate the unique contributions of a diverse workforce and create a respectful, nurturing environment where every colleague can thrive.

Commitments

  • Do the right thing: We act with integrity and are proudly committed to going above and beyond in service of our clients and the support we provide our communities.
  • Always curious: We continuously seek new ideas and knowledge so we're one step ahead of our clients' needs. We look for inspiration everywhere and encourage experimentation, recognising that this is how we create brilliant solutions for brighter futures.
  • Embrace challenge: We aim high to transform our potential into meaningful outcomes. With ambition as our driving force and a steadfast commitment to growth, we succeed for the good of every generation.
  • Stronger together: Combining our diverse talents, we accomplish more collectively than we ever could do alone. We speak openly, actively listen, and support each other, and constructively challenge and embrace new ideas. We seek empowerment and demonstrate ownership and trust, with the confidence to make impactful decisions.

Benefits

  • Holiday: 182 hours (26 days)
  • Quilter Incentive Scheme: All employees are eligible to participate.
  • Pension Scheme: A non‑contributory company pension scheme that can be boosted through personal contributions.
  • Private Medical Insurance: Single cover as standard with options to increase cover to include your partner or children.
  • Life Assurance: 4Ă— your salary.
  • Income Protection: 75% of salary, less state benefits, payable after 26 weeks of absence.
  • Healthcare Cash Plan: Jersey employees only. In addition to our core benefits, we offer a range of flexible benefits to UK employees that you can choose from and pay for conveniently via a salary deduction.

Third Party Due Diligence Lead Specialist in City of Westminster employer: Quilter plc

Quilter is an exceptional employer that prioritises employee growth and inclusivity, fostering a culture where diverse talents thrive. With a strong commitment to integrity and innovation, employees benefit from a comprehensive rewards package, including generous holiday allowances, a non-contributory pension scheme, and private medical insurance. Located in a dynamic environment, Quilter encourages collaboration and continuous improvement, making it an ideal place for professionals seeking meaningful and impactful careers in the financial services sector.
Quilter plc

Contact Detail:

Quilter plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Third Party Due Diligence Lead Specialist in City of Westminster

✨Tip Number 1

Network like a pro! Reach out to your connections in the financial services sector, especially those who know about third-party risk management. A friendly chat can lead to insider info on job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of FCA, PRA, GDPR, and DORA regulations. Show us you’re not just familiar with these frameworks but that you can discuss how they impact third-party due diligence.

✨Tip Number 3

When you get an interview, don’t just answer questions—ask them too! Inquire about Quilter's approach to supplier risk assessment and how they ensure compliance. This shows you’re genuinely interested and engaged.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re keen on joining our team at Quilter and ready to dive into the world of third-party risk management.

We think you need these skills to ace Third Party Due Diligence Lead Specialist in City of Westminster

Third Party Risk Management (TPRM)
Vendor Oversight
Regulatory Compliance
FCA Knowledge
PRA Knowledge
GDPR Knowledge
DORA Knowledge
Risk Assessment
Due Diligence
Stakeholder Engagement
Analytical Skills
Process Design
Transformation Initiatives
Communication Skills
Project Management

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in third-party management and risk assessment. We want to see how your skills align with our needs, so don’t hold back on showcasing your relevant achievements!

Showcase Your Communication Skills: Since this role involves a lot of stakeholder engagement, it’s crucial to demonstrate your excellent communication abilities. Use clear and concise language in your application to reflect how you can influence and manage complex priorities.

Highlight Your Analytical Approach: We’re looking for someone with a proactive and analytical mindset. In your application, share examples of how you've tackled challenges in the past, especially in risk detection and remediation. This will show us you’re ready to drive meaningful change!

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Quilter plc

✨Know Your Regulations

Make sure you brush up on the key regulatory frameworks like FCA, PRA, GDPR, and DORA. Being able to discuss these confidently will show that you understand the landscape in which Quilter operates and how it impacts third-party risk management.

✨Showcase Your Analytical Skills

Prepare examples of how you've assessed due diligence findings in the past. Highlight your ability to identify key risk themes and propose remediation actions. This will demonstrate your proactive and analytical approach, which is crucial for this role.

✨Engage with Stakeholders

Think about how you've collaborated with different teams or stakeholders in previous roles. Be ready to share specific instances where your communication and engagement skills made a difference, especially in managing complex priorities.

✨Continuous Improvement Mindset

Be prepared to discuss how you've driven continuous improvement in your past roles. Share examples of how you've stayed aligned with industry best practices and regulatory expectations, as this aligns perfectly with Quilter's commitment to growth and innovation.

Third Party Due Diligence Lead Specialist in City of Westminster
Quilter plc
Location: City of Westminster
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