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- Tasks: Lead governance for Third-Party Suppliers and manage key risk forums.
- Company: Join M&G, a diverse and inclusive financial services leader.
- Benefits: Enjoy flexible working arrangements and workplace accommodations.
- Why this job: Make an impact in risk management while building strong stakeholder relationships.
- Qualifications: Experience in vendor lifecycle and third-party risk oversight is essential.
- Other info: We value diversity and welcome applicants from all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
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3rd Party Oversight Governance & Reporting Manager, Greater London
Client:
M&G
Location:
Greater London, United Kingdom
Job Category:
Other
EU work permit required:
Yes
Job Reference:
f1a8bf72ef7e
Job Views:
6
Posted:
03.03.2025
Expiry Date:
17.04.2025
Job Description:
We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.
The Role:
Reporting into the Head of Third-Party Risk & Oversight, you will be responsible for coordinating activities around the governance of Third-Party Suppliers. This will include representing Third Party Supplier risk across key governance forums & committees and liaising with SMEs on service metrics to form a view and overall third-party supplier dashboard that can be tracked and managed.
Key Responsibilities for this role:
- Hold internal monthly supplier governance (management) forum for AM
- Liaise with SMEs on service metrics to form a view of the overall supplier dashboard
- Review trends and issues from key suppliers
- Review pipeline activities with Suppliers
- Identify trends where there are issues for further focus/deep dive
- Represent 3rd Party Risk across key governance forums & committees such as Tech & Ops forum for SMF24, ERC, and other risk committees
Technical Skills:
- Experience of working across the vendor lifecycle
- Experience of third-party risk oversight
- Experience of running/chairing key governance forums, being able to challenge more senior stakeholders
- Experience of creating executive papers and meeting packs
Non-Technical Skills:
- Proactive attitude towards risk management with proven skills to demonstrate forward-looking risk mitigation (e.g. implementation of leading risk indicators)
- Resilient under fast-paced, high-pressure scenarios
- Hands-on with delivery of outcomes
- Able to build strong relationships and credibility with stakeholders outside of own team
Experience:
- Significant experience in Financial Services
- Preferable experience in 3rd Party Risk Oversight/Vendor Management, first line risk management
- Experience in Governance Support & Management Reporting
Work Level: Experienced Colleague
We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice, and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, or disability, we are looking to attract, promote, and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
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3rd Party Oversight Governance & Reporting Manager employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land 3rd Party Oversight Governance & Reporting Manager
✨Tip Number 1
Familiarize yourself with the key governance forums and committees mentioned in the job description. Understanding their roles and how they interact with third-party risk will help you speak confidently about your experience in these areas during the interview.
✨Tip Number 2
Highlight your experience in managing supplier relationships and oversight. Be prepared to discuss specific examples where you've successfully identified trends or issues with suppliers and how you addressed them.
✨Tip Number 3
Showcase your ability to create executive papers and meeting packs. Consider preparing a mock presentation or report that demonstrates your skills in this area, as it will be a crucial part of the role.
✨Tip Number 4
Network with professionals in the financial services sector who have experience in third-party risk oversight. Engaging with them can provide insights into the role and may even lead to referrals or recommendations.
We think you need these skills to ace 3rd Party Oversight Governance & Reporting Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the 3rd Party Oversight Governance & Reporting Manager position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your significant experience in Financial Services and any specific roles related to 3rd Party Risk Oversight or Vendor Management. Use concrete examples to demonstrate your expertise in governance support and management reporting.
Showcase Your Skills: Make sure to highlight both your technical and non-technical skills. Discuss your proactive attitude towards risk management, your ability to build strong relationships with stakeholders, and your experience in running governance forums.
Tailor Your Application: Customize your cover letter to reflect your understanding of M&G's inclusive culture and diverse workforce. Mention how your background and values align with their commitment to attracting and retaining exceptional people.
How to prepare for a job interview at TN United Kingdom
✨Understand the Governance Framework
Make sure you have a solid grasp of governance frameworks related to third-party risk. Be prepared to discuss how you would represent third-party supplier risk in key governance forums and committees.
✨Showcase Your Experience
Highlight your significant experience in financial services and third-party risk oversight. Be ready to provide examples of how you've successfully managed vendor relationships and governance processes in previous roles.
✨Demonstrate Proactive Risk Management
Prepare to discuss your proactive approach to risk management. Share specific instances where you've implemented leading risk indicators or mitigated risks effectively, especially under pressure.
✨Build Relationships with Stakeholders
Emphasize your ability to build strong relationships with stakeholders outside your team. Discuss strategies you've used to establish credibility and influence senior stakeholders in governance settings.
