Third Party Risk Manager

Third Party Risk Manager

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

  • Tasks: Manage third-party risk controls and ensure compliance across the organisation.
  • Company: Shawbrook Group is a purpose-led bank focused on delivering sustainable value and innovative lending solutions.
  • Benefits: Enjoy flexible working, generous holiday, wellness apps, and a contributory pension scheme.
  • Why this job: Join a dynamic team that values innovation, diversity, and social impact while growing your career.
  • Qualifications: Experience in financial services and risk management; strong facilitation and data analysis skills required.
  • Other info: Be part of a culture that encourages new ideas and supports underrepresented groups.

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

Role Purpose

The Shawbrook Group continues to advance its third-party supplier risk management capability with this role to ensure effective oversight and consistency across all entities to help protect our customer’s services and the Bank, while meeting regulatory requirements.

Key Responsibilities:

  • Oversee and manage third-party risk controls for the Commercial franchise, ensuring compliance with the Third Party Risk Management Policy.
  • Implement, enhance, and embed risk management controls for all in-scope third parties.
  • Identify, analyse, manage, and mitigate third-party risks across the organisation via analysis ofinternal and external information sources to assess potential risks and opportunities related to supplier services.
  • Champion third-party risk management, acting as a primary point of contact and subject matter expert. Providetraining, support, and practical guidance to relevant stakeholders, leading and facilitatingthe remediation of control gaps.
  • Engage with stakeholders at various levels to drive consistency with the Group strategy on control performance, including but not limited to representing third-party risk in governance committees and forums, presenting key topics and risks for discussion and decision making based on data analysis.
  • Collaborate with other functions on group-wide third-party risk initiatives to support the Group\’s objectives.
  • Contribute to the enhancement of the organisation\’s third-party risk management capability, ensuring regulatory compliance and protection of customer services.
  • Provide support during third party operational disruption incidents to coordinate and provide insights to minimise customer impact.
  • Maintenance and development of Third Party Risk Management procedures to deliver policy and regulatory compliance.
  • Work collectively within the Operational Resilience Team to ensure alignment of processes, controls and documentation.

The Person

Required

  • Proven experience in Financial Services
  • Proven experience inRisk Management
  • Facilitation skills and experience of coordinating workshops with multiple stakeholders.
  • Experience of using MS Excel to capture and analyse data, then report key findings to drive behaviour.
  • Experience of managing stakeholders at different levels of seniority.
  • Experience of presenting ideas and training concepts to groups of individuals to broaden their understanding and drive practical behaviours.

Desired

  • Third-party Risk Management experience
  • Risk Management or Third Party Risk qualifications
  • Experience in using PowerBI for data analysis and dashboard automation.
  • Experience of using MS PowerPoint to present an idea or problem in a succinct and clear way to gain support or approval.

The Opportunity

Shawbrook provides finance to a wide range of customer segments that value the premium experience, flexibility and certainly we deliver. We are a purpose-led organisation, with a focus on delivering long-term sustainable value for all our stakeholders.

We have a diversified offering, with our innovative lending propositions tailored to meet specific customer needs in carefully selected markets across SME, Real Estate and Personal. Our products range from complex structured credit facilities for growth-focused businesses to mortgages for professional landlords and property investors, as well as simple loans for consumers delivered digitally. We fuel our lending through customer deposits, which we attract by delivering a premium experience, choice and consistently great value to smart savers.

The business model we have created is unique and difficult to replicate, with our ‘best of both’ approach combining deep human expertise with advanced digital, tech and data capabilities. This combination not only allows us to deliver excellent customer experiences, but to do so efficiently and at scale. We are proud of our innovative and agile culture, which drives consistently high employee engagement scores and makes Shawbrook an attractive destination for the best talent. If you’re willing to roll up your sleeves, contribute new ideas and believe anything is possible, you’re our kind of person.

Work with us because you:

  • Want to be part of a bank built for the dynamics of the modern world
  • Relish a challenge and enjoy a fast-paced, innovative and hardworking culture
  • Enjoy finding new and better ways to solve complexity and make things happen
  • Want to belong to a diverse culture that stands shoulder to shoulder with minority and underrepresented groups
  • Care about society and the environment and want to be part of a business that cares too
  • Want to continue to grow professionally and be the best version of yourself

Reward

Your Wellbeing – We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

  • Market leading family friendly policies such as access to our Maternity, Adoption and Paternity policies from Day 1 of your employment
  • Free access to Headspace, a mindfulness & meditation digital health app
  • Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
  • EAP (Employee Assistance Programme) – Offering you support on a wide range of subjects including financial concerns, mental wellbeing and more general queries around family, work, housing, and health
  • Cycle to work scheme
  • Discounts on gym membership
  • Contributory pension scheme & death in service

Your Lifestyle – It’s important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when you’re enjoying your leisure time.

  • Minimum of 27 days holiday per year
  • Option to buy or sell holiday days through our flexi-holiday scheme
  • Discounts on gym membership nationwide
  • Access to discounts on a range of high street and online brands
  • Community support and charitable giving

Your Contribution – We’re focused on rewarding those that go the extra mile in helping us achieve our goals.

  • Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
  • Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done

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Third Party Risk Manager employer: Shawbrook Bank

Shawbrook Group is an exceptional employer that prioritises employee well-being and professional growth, offering a dynamic work culture that thrives on innovation and collaboration. With market-leading family-friendly policies, comprehensive health benefits, and a commitment to diversity, Shawbrook fosters an environment where employees can excel and contribute meaningfully to the organisation's purpose-led mission. Located in a fast-paced financial services sector, this role as a Third Party Risk Manager provides a unique opportunity to engage with stakeholders at all levels while championing risk management initiatives that protect customer services and enhance organisational resilience.
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Contact Detail:

Shawbrook Bank Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Familiarise yourself with the Shawbrook Group's values and mission. Understanding our purpose-led approach will help you align your responses during interviews, showcasing how your personal values resonate with ours.

✨Tip Number 2

Brush up on your knowledge of third-party risk management frameworks and regulatory requirements. Being able to discuss these topics confidently will demonstrate your expertise and commitment to the role.

✨Tip Number 3

Prepare examples from your past experiences that highlight your facilitation skills and stakeholder management. Be ready to share specific instances where you've successfully coordinated workshops or led discussions.

✨Tip Number 4

Practice presenting complex data in a clear and concise manner. Since the role involves reporting key findings, being able to articulate your insights effectively will set you apart from other candidates.

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

Third-Party Risk Management
Risk Analysis
Stakeholder Management
Data Analysis
MS Excel
Facilitation Skills
Training and Development
Communication Skills
Regulatory Compliance
Operational Resilience
PowerBI
MS PowerPoint
Problem-Solving Skills
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial services and risk management. Use specific examples that demonstrate your ability to oversee third-party risk controls and manage stakeholder relationships.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the responsibilities outlined in the job description, particularly your experience in facilitating workshops and presenting ideas.

Highlight Relevant Skills: Emphasise your proficiency in MS Excel and any experience with PowerBI or PowerPoint. Mention how these tools have helped you analyse data and present findings effectively, as this is crucial for the role.

Showcase Your Stakeholder Management Experience: Provide examples of how you've successfully managed stakeholders at various levels. This could include instances where you've led discussions or provided training to enhance understanding of risk management practices.

How to prepare for a job interview at Shawbrook Bank

✨Understand Third Party Risk Management

Make sure you have a solid grasp of third-party risk management principles. Familiarise yourself with the specific policies and regulations that Shawbrook adheres to, as this will demonstrate your commitment and understanding of the role.

✨Prepare for Stakeholder Engagement

Since the role involves engaging with various stakeholders, practice articulating your ideas clearly and succinctly. Think of examples from your past experiences where you've successfully managed stakeholder relationships or facilitated workshops.

✨Showcase Your Analytical Skills

Be ready to discuss how you've used data analysis tools like MS Excel or PowerBI in previous roles. Prepare to share specific instances where your analytical skills led to improved risk management outcomes.

✨Demonstrate Your Training Experience

As the role requires providing training and support, think of examples where you've trained others or presented complex information. Highlight your ability to simplify concepts and engage your audience effectively.

Third Party Risk Manager
Shawbrook Bank
S
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