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Third Party Risk Manager

  • Location: Buckinghamshire
  • Salary: £70000 - £90000 per annum per year
  • Job Type:Temp / FTC / Interim

Posted 20 days ago

  • Sector: Procurement, Supply Chain & Logistics UK & EU
  • Contact: Daniel Barnes
  • Contact Email: danielb@cedarrecruitment.com
  • Duration: 12 - 18 Months
  • Start Date: 22/08/2022
  • Expiry Date: 05 April 2023
  • Job Ref: JO0000011452_1678098751

Summary:

This role is with a well-known global retail bank. 12 - 18 Months FTC.

The role will support the Third Party Risk Management Lead in driving a multi-year Procurement transformation programme through robust adherence to supplier risk policies with regards to the businesses internal and relevant external policies. The role helps ensure that quality, compliance and cost-effectiveness of work delivered by suppliers meets the businesses expectations. This role will be accountable for managing and mitigating all risks related to external vendors which supports the transformation to an industry leading Procurement function. The delivery model should support the enablement of industry leading value for the business.

Key Skills:

  • Agile/adaptable is a key skillset. Experience is one thing, but there will be emphasis on a strong personality fit and approach
  • Interpersonal - good at building relationships with a consultative approach. Act as a business partner with excellent stakeholder skills
  • Proactive individual - someone who will take ownership
  • Process Ownership - understanding the systems, process design, and how to make peoples lives better and drive continuous improvement activity
  • A deep understanding/experience managing third party risk - an understanding/experience with regulators is also quite useful
  • They need someone who will OWN the end to end third party risk process. Also some emphasis on governance and compliance, checking policy and processes as well as external delivery e.g. risk around supplier onboarding and managing the relationship
  • 75 people across Third Party Risk, Transformation and Procurement teams
  • A blend of Third Party Risk management and Procurement/Supplier Management skills with third party spend would be a really useful background for this role. As mentioned earlier, someone who is used to driving process improvement, as well as improving value from suppliers through continuous improvement activity
  • Financial services or consultancy as industry backgrounds would be beneficial