At a Glance
- Tasks: Lead Teya's outsourcing and third party risk management to ensure compliance and mitigate risks.
- Company: Join Teya, a forward-thinking financial platform supporting local businesses across Europe.
- Benefits: Enjoy a competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Be part of a diverse team committed to creating an inclusive workplace.
- Why this job: Make a real difference for local businesses while working in a fast-paced, innovative environment.
- Qualifications: 3+ years in outsourcing or third party risk management within regulated financial services.
The predicted salary is between 69750 - 85250 £ per year.
Hello. We’re Teya. Teya was founded on a simple belief: local businesses deserve better. They are the cafés, restaurants, salons, shops and entrepreneurs that bring character to our high streets, create jobs and keep communities moving. Yet for too long, financial services has made life harder for them - with clunky tools, poor support and complexity that gets in the way of running a business. Teya exists to change that. We’re building a financial platform for local businesses across Europe - one built around simple tools, thoughtful design and real human support. Our Members rely on us to help them run their business with confidence, and that responsibility shapes the way we work. We move fast. We care about quality. We stay close to the detail. And we believe great performance and genuine hospitality should go hand in hand.
If you want to build meaningful products, solve real problems and make a genuine difference for local businesses, we’d love to hear from you.
The Outsourcing and Third Party Risk Management (TPRM) Lead is responsible for running Teya’s day-to-day outsourcing and third party risk activities within the first line of defence, ensuring Teya meets its regulatory obligations and manages the risks arising from its use of external providers. The role owns the operational execution of the TPRM framework across the business, including due diligence, ongoing monitoring, contract risk review, and the maintenance of Teya’s outsourcing and ICT third party registers. You’ll be the go-to person for business owners managing third party arrangements, working closely with Procurement, Legal, Information Security, Compliance, and Operational Risk. You’ll be comfortable in a fast-paced environment and able to balance multiple competing priorities.
Key Objectives- Drive the continuous improvement of TPRM and outsourcing processes, controls, and tooling, with a focus on risk-based prioritisation and proportionate due diligence.
- Own and maintain Teya’s outsourcing register and ICT third party register, ensuring all critical or important arrangements are correctly classified and recorded in line with EBA Guidelines on Outsourcing, DORA, and FCA/PRA expectations.
- Act as the first point of contact for business owners on third party risk matters, supporting them through onboarding, risk assessment, contract review, and ongoing monitoring.
- Coordinate due diligence across information security, data protection, financial crime, business continuity, and concentration risk, working with subject matter experts to produce a single view of third party risk.
- Run the ongoing monitoring programme, including performance reviews, control attestations, incident tracking, and periodic re-assessments of material third parties.
- Produce management information and reporting for senior governance forums, flagging emerging risks, control gaps, and remediation progress.
- Partner with Compliance and Operational Risk (2LOD) to ensure framework changes, regulatory updates, and findings are translated into operational practice.
- Support regulatory submissions, audits, and supervisory engagement on outsourcing and ICT third party matters.
- A minimum of 3 years of experience in outsourcing or third party risk management within a regulated financial services environment (payments, e-money, banking, or similar).
- Working knowledge of the EBA Guidelines on Outsourcing Arrangements and DORA.
- Experience running due diligence and ongoing monitoring across material third parties, including critical or important outsourcing arrangements and ICT services supporting critical or important functions.
- Highly organised, with strong attention to detail and the ability to manage a large portfolio of third parties simultaneously.
- A pragmatic, risk-based mindset. You see the role of 1LOD as enabling the business to move quickly and safely, not blocking it. You can hold the line on real risks while finding sensible paths through.
- Comfortable building with AI. You use AI tooling in your day-to-day work — for due diligence summarisation, drafting, evidence review, data extraction — and you actively look for ways to apply it to reduce manual effort across the third party lifecycle.
- Bias to action. You'd rather ship a working v1 of a process or template and iterate than spend months designing the perfect framework.
- Commercial awareness. You understand that every third party relationship has a business purpose, and you can have a credible conversation with engineers, product owners, and commercial leads about trade-offs rather than just citing policy.
- Experience implementing or working with TPRM tooling (e.g. Aravo, Prevalent, OneTrust, ProcessUnity).
- Experience supporting DORA implementation across a financial services firm, including ICT register builds and contractual remediation programmes.
- Familiarity with operational resilience frameworks and the identification of important business services.
Teya is proud to be an equal opportunity employer. We are committed to creating an inclusive environment where everyone regardless of race, ethnicity, gender identity or expression, sexual orientation, age, disability, religion, or background can thrive and do their best work. We believe that a diverse team leads to better ideas, stronger outcomes, and a more supportive workplace for all.
If you require any reasonable adjustments at any stage of the recruitment process whether for interviews, assessments, or other parts of the application—we encourage you to let us know. We are committed to ensuring that every candidate has a fair and accessible experience with us.
Location: London
Employment Type: Full time
Department: Product
Outsourcing and Third Party Risk Management Lead in London employer: Teya Solutions
At Teya, we believe in empowering local businesses with the financial tools they deserve, and as a Regional Sales Manager, you'll play a pivotal role in this mission. Our supportive work culture fosters autonomy and growth, allowing you to lead a dynamic team of self-employed sales professionals while enjoying flexible working hours and comprehensive health benefits. With a commitment to inclusivity and employee well-being, Teya offers a unique opportunity to make a meaningful impact in your community while advancing your career in a fast-paced environment.
StudySmarter Expert Advice🤫
We think this is how you could land Outsourcing and Third Party Risk Management Lead in London
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We think you need these skills to ace Outsourcing and Third Party Risk Management Lead in London
Some tips for your application 🫡
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Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Teya Solutions.
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Research and Reflect:Before hitting that 'apply' button on Teya Solutions's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Teya Solutions
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Teya Solutions.
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Since this is a full-time position, employers at Teya Solutions will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
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Before your interview, reach out to current or former Teya Solutions employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.