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This is an excellent opportunity for a Third Party Risk Manager/VP level candidate. Reporting into the Enterprise Risk Director and assisting the bank with TRPM framework implementation and delivery
Client Details
The employer is a well-established large organisation investment and corporate banking sector, seeking a TPRM Contractor .
Description
Third Party Risk Management and Outsourcing/ TPRM Contractor
- Support the development and maintenance of the Outsourcing and Third-Party Risk Management Framework in line with local regulatory expectations
- Provide 2nd line of defence oversight and challenge on the bank's Third-Party Risk Management process
- Ensure comprehensive, up-to-date outsourcing policies and procedures
- Support the integration of third-party risk into enterprise risk management and operational resilience framework. - Participate in TPRM subcommittee, ORC and relevant working groups
- Assist with the review and re-design of pre-outsourcing risk assessment and due diligence, as well as exit strategies
- Apply consistent and risk-based vendor assessments, especially for critical and important outsourcing arrangements
- Lead risk identification and classification of third-party relationships according to regulatory requirements -
Perform TPRM Quality Control and Quality Assurance reviews
- Support Global TPRM to share best practice in relation to Third-Party Risk management from a regional perspective
-Perform gap analysis following publication of regulatory guidelines and policies - Review contract exception requests for local stakeholders by liaising with Global TPRM
- Monitor, review and challenge where needed third party risk RAF metrics and other indicators - Collaborate with Operational Resilience, IT & Cybersecurity, and Business Continuity Planning teams to address aspects related to third-party risk management.
Profile
A successful TPRM Contractor professional should have:
- Experience in third-party risk management within the financial services industry.
- Must have regulator experience- PRA.
- Also welcome is SEC US regulator, CBI Irish regulator
- Strong knowledge of third-party risk lifecycle: onboarding, monitoring, offboarding
- Extensive background in Enterprise Risk and knowledge of the local regulations.
- Excellent project management skills, stakeholder management negotiation and influencing skills.
- Need to maintain a current awareness of regulatory requirements and industry best practices in TPRM and Operational Resilience.
- Strong knowledge of regulatory compliance standards, including EBA .
- Enterprise Risk experience
Job Offer
- Competitive daily rate of approximately 600 p/d PAYE
- Fixed term contract basis 100,000-110,000 base
If you are ready to take on this exciting TPRM position, apply now to join a leading organisation in the financial services sector.
London based
