At a Glance
- Tasks: Manage third-party risks and optimize supplier performance in a collaborative environment.
- Company: TransUnion is a leading credit reference agency specializing in risk management and fraud prevention.
- Benefits: Enjoy 26 days of leave, wellness days, private healthcare, and a generous pension scheme.
- Why this job: Join a forward-thinking team that values growth, flexibility, and diversity in the workplace.
- Qualifications: Experience in supplier or third-party risk management and strong communication skills are essential.
- Other info: We offer training opportunities and flexible working arrangements to support your success.
The predicted salary is between 43200 - 72000 £ per year.
What We\’ll Bring
We Are TransUnion:
TransUnion is a major credit reference agency, and we offer specialist services in fraud, identity and risk management, automated decisioning and demographics. We support organisations across a variety of sectors including finance, retail, telecommunications, utilities, gaming, government and insurance.
What You\’ll Bring
We’re looking for a Third Party Risk Manager to join our growing team.
Day to Day You’ll Be:
- Proactively manage in collaboration with the business, TU’s suppliers to optimise performance and reduce risk
- Drive operationalisation & evolution of UK and Canada TPRM frameworks
- Manage regional TPRM Resources (currently 1 FTE).
- Support evolution of global TPRM polices and processes.
- Implement a plan for on-boarding current and new third parties into the Third Party Risk Management programme.
- Work closely with senior stakeholders in regions to understand local requirements and drive engagement.
- Provide awareness briefings and training to the business lines.
- Collaborate with numerous internal teams e.g. Information Security, Privacy, Business Continuity, Compliance to ensure programme meets requirements and remains relevant.
- Provide support to the business on all TPRM matters
- Supporting negotiations of contracts as an SME on Service levels, exit plans etc
- Support response to client audits in relation to TPRM
- Producing insightful reporting and MI for stakeholders and represent TPRM at local governance meetings.
Essential Skills & Experience:
- Supplier Management experience and/or Third Party Risk Management experience
- Outstanding communication, presentation and stakeholder management skills..
- Experience authoring and contributing to policy and training materials.
- Comfortable working in a matrix organisation which is highly complex.
- Understanding of key regulation pertaining to Financial Services ie. FCA, PRA, EBA desirable
- Commercial contracts knowledge
- Stakeholder management
- Influencing and persuasion skills
- Change management experience
What’s In It For you?
At TransUnion you will be joining a friendly, forward thinking global business.
As well as an excellent salary and bonus scheme or commission scheme (if joining our sales teams) our benefits package comes with:
- 26 days’ annual leave + bank holidays (increasing with service)
- Global paid wellness days off + a bonus day off to celebrate your birthday
- A generous contributory pension scheme + access to the TransUnion Employee Stock Purchase Plan
- Private health care + a variety of physical, mental and financial fitness wellbeing programmes such as access to mindfulness tools
- Access to our diversity forums and communities so you can get involved in causes close to your heart
TransUnion – a place to grow:
If there’s something on the list of essential / desirable skills that you can’t quite tick off, don’t let that put you off applying. We are open to exploring training and development opportunities for the right candidate to ensure you are successful.
We know imposter syndrome is real, lets confront it so we can continue to grow and thrive together
Flexibility at TU:
We recognise that our people need the freedom to balance their day-to-day lives with their work. This is why we’ve set out to create inclusive and flexible policies and practices for you to accommodate all your responsibilities and needs: children, family and beyond. If the role is advertised as full time, don’t let this stop you from applying. Let us know if you’re looking for a part time or flexible working arrangement and we can discuss this with you.
Additional support:
At TransUnion, we’re committed to fostering an inclusive and diverse workplace where all individual’s talents and perspectives are valued. When you apply for a position with us, you’re not just joining a team, you’re becoming part of a community that celebrates differences and embraces equality. We understand that everyone has different needs, which is why we offer a range of reasonable adjustments to our recruitment process. Please let us know if you require any reasonable adjustments to help you through the application process or to attend an interview with us by contacting ukrecruitment@transunion.com
Interview & Hiring Process:
Most of our recruitment processes are virtual, so you’ll get to know our hiring managers and teams over the phone and through video. If we need you to attend a physical in person interview your recruiter will inform you of this.
We do not accept any unsolicited CV’s from recruitment agencies. If you are a recruitment agency on our PSL our talent team will contact you directly should we require any assistance.
Find out more about Life At TU UK:
https://www.linkedin.com/company/transunion/life/
TransUnion | Third Party Risk Manager employer: Transunion
Contact Detail:
Transunion Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land TransUnion | Third Party Risk Manager
✨Tip Number 1
Familiarize yourself with the key regulations pertaining to Financial Services, such as FCA, PRA, and EBA. This knowledge will not only help you understand the compliance landscape but also demonstrate your expertise during discussions with stakeholders.
✨Tip Number 2
Develop your communication and presentation skills. As a Third Party Risk Manager, you'll need to effectively convey complex information to various stakeholders, so practice articulating your thoughts clearly and confidently.
✨Tip Number 3
Gain experience in supplier management and third-party risk management frameworks. If you can showcase your ability to optimize performance and reduce risks in previous roles, it will significantly strengthen your application.
✨Tip Number 4
Network with professionals in the field of risk management. Engaging with others who have similar roles can provide valuable insights and may even lead to referrals or recommendations for the position at TransUnion.
We think you need these skills to ace TransUnion | Third Party Risk Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Third Party Risk Manager position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in supplier management and third-party risk management. Provide specific examples of how you've successfully managed risks and collaborated with stakeholders in previous roles.
Showcase Communication Skills: Since outstanding communication and stakeholder management skills are essential for this role, make sure to highlight any relevant experiences where you effectively communicated complex information or influenced decision-making.
Tailor Your Application: Customize your CV and cover letter to reflect the language and requirements mentioned in the job description. Use keywords from the listing to demonstrate that you are a strong fit for the position.
How to prepare for a job interview at Transunion
✨Understand the TPRM Framework
Make sure you have a solid grasp of Third Party Risk Management frameworks, especially those relevant to the UK and Canada. Be prepared to discuss how you would operationalize and evolve these frameworks in your role.
✨Showcase Your Stakeholder Management Skills
Highlight your experience in managing relationships with senior stakeholders. Prepare examples that demonstrate your outstanding communication and presentation skills, as well as your ability to influence and persuade.
✨Familiarize Yourself with Relevant Regulations
Brush up on key regulations pertaining to Financial Services, such as FCA, PRA, and EBA. Being knowledgeable about these will show your understanding of the compliance landscape and its importance in risk management.
✨Prepare for Collaborative Scenarios
Since the role involves collaboration with various internal teams like Information Security and Compliance, think of examples where you've successfully worked in a matrix organization. Be ready to discuss how you can drive engagement across different departments.