At a Glance
- Tasks: Coordinate and manage third party risk assessments with precision and efficiency.
- Company: Join a leading financial services firm focused on compliance and risk management.
- Benefits: Enjoy 25 days holiday, bonuses, pension contributions, and comprehensive health benefits.
- Other info: Collaborative culture with opportunities for professional growth and development.
- Why this job: Make a real impact in risk management while developing your skills in a dynamic environment.
- Qualifications: Experience in risk or compliance roles, strong organisational skills, and attention to detail.
The predicted salary is between 30000 - 40000 £ per year.
We are seeking a highly organized and detail‑focused professional to provide essential administrative and operational support to the Third Party Risk Management (TPRM) function. This role plays a critical part in ensuring third party risk assessments are coordinated, tracked, and completed to a high standard, supporting compliance with internal governance frameworks and regulatory expectations. Working closely with Third Party Risk Leads and a wide range of internal stakeholders, you will help maintain the integrity, accuracy, and efficiency of the third party risk lifecycle, enabling effective oversight, assurance, and decision making.
Key Responsibilities
- Risk Assessment Administration
- Coordinate the initiation, tracking, and closure of third party risk assessments.
- Support Third Party Risk Leads by gathering required documentation and ensuring assessments are completed accurately and on time.
- Maintain clear and up‑to‑date records of assessment status, outcomes, and supporting evidence.
- Systems and Data Management
- Accurately upload and maintain third party risk data across relevant systems, trackers, and registers.
- Ensure data quality, completeness, and consistency across risk and contract management platforms.
- Policy and Framework Compliance
- Monitor adherence to the Third Party Risk Management policy and framework.
- Track remediation actions, compliance gaps, and overdue items, escalating issues where appropriate.
- Support effective governance by ensuring actions and risk positions are clearly recorded and followed up.
- Reporting and MI Support
- Assist in the production of management information (MI), dashboards, and data extracts.
- Provide accurate and timely reporting inputs to support audits, reviews, and governance forums.
- Stakeholder Coordination
- Liaise with Procurement, Legal, Information Security, Compliance, and other internal teams to support the smooth execution of third party risk assessments.
- Respond to queries and provide reliable administrative support across the wider TPRM team.
What Success Looks Like
- Third party risk assessments are progressed and closed within agreed timescales with complete, high quality documentation.
- Risk data across systems and trackers is accurate, consistent, and audit ready.
- Policy requirements, remediation actions, and escalations are clearly tracked and effectively managed.
- Clear, reliable MI is produced to support governance, audits, and senior management decision making.
- Internal stakeholders experience a responsive, collaborative, and professional service.
About You
- Essential
- Experience in a risk, compliance, procurement, or administrative role within a regulated environment (financial services desirable).
- Strong organisational and time management skills, with the ability to manage multiple tasks and deadlines.
- High attention to detail and accuracy in data handling and documentation.
- Ability to interpret and follow governance frameworks, policies, and processes.
- Confident stakeholder communication and coordination skills.
- Desirable
- Familiarity with third party risk management, risk assessment, or supplier governance processes.
- Experience using risk, contract, or workflow management systems (e.g. SMART, Archer, ServiceNow, Coupa).
- Strong Excel capability, with experience supporting MI, reporting, and dashboards (Power BI exposure advantageous).
Our Benefits
- Holiday: You’ll get 25 days plus Bank Holidays, as well as the option to buy up to a further 5 days.
- Bonus: At YBS we work collaboratively and share in our success together, so when we reach our goals we’re all rewarded with an on target bonus of 7% of eligible pay (with the opportunity to earn up to a maximum 15%).
- Pension: We know how important it is to save towards the future, that’s why we’ll contribute up to 11% into your YBS pension.
- Healthcare: Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans.
- My Benefits: When you join YBS you’ll have access to our self‑service benefits portal, where you can access a range of retail, hospitality and health discounts.
Third Party Risk Analyst employer: Yorkshire Building Society Group
Contact Detail:
Yorkshire Building Society Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in third party risk management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of risk assessment processes and compliance frameworks. We recommend practising common interview questions related to stakeholder coordination and data management to show you’re ready to hit the ground running.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Apply through our website for the best chance at landing that role! We keep our listings updated, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Third Party Risk Analyst
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk, compliance, or administrative roles. We want to see how your skills align with the key responsibilities of the Third Party Risk Analyst position.
Showcase Your Attention to Detail: Since this role requires high accuracy in data handling and documentation, be sure to provide examples of how you've maintained quality in your previous work. We love seeing candidates who take pride in their attention to detail!
Highlight Your Organisational Skills: This job involves managing multiple tasks and deadlines, so share specific instances where you've successfully juggled various responsibilities. We appreciate candidates who can demonstrate strong organisational abilities.
Apply Through Our Website: We encourage you to submit your application through our website for a smoother process. It helps us keep everything organised and ensures your application gets the attention it deserves!
How to prepare for a job interview at Yorkshire Building Society Group
✨Know Your Risk Management Basics
Before the interview, brush up on your knowledge of third party risk management and compliance frameworks. Familiarise yourself with common risk assessment processes and tools like SMART or ServiceNow. This will help you speak confidently about how you can contribute to the team.
✨Showcase Your Organisational Skills
Since this role requires strong organisational abilities, prepare examples that demonstrate how you've successfully managed multiple tasks or projects in the past. Be ready to discuss specific situations where your attention to detail made a difference in achieving deadlines.
✨Prepare for Stakeholder Scenarios
Think about times when you've had to liaise with different teams or stakeholders. Prepare to share these experiences, focusing on how you communicated effectively and resolved any issues. This will show your potential employer that you're capable of fostering collaboration across departments.
✨Bring Data to Life
If you have experience with data management or reporting, be prepared to discuss it. Bring examples of how you've used Excel or other tools to create reports or dashboards. Highlighting your analytical skills will demonstrate your ability to support management information needs effectively.