Third Party Risk Management Lead

Position:Third Party Risk Management Lead

Location: Nottingham

Role: Permanent (Hybrid working, 3 days per week in the office)

Salary: £50,000 + Benefits

I am currently working with a Fortune 500, financial services organisation on an exciting Third Party Risk Management Lead role.

The UK Supplier Management Office is responsible for the management of the end-to-end Third Party life cycle in the UK, including sourcing, contracting, ongoing supplier and relationship management, and off boarding activities.

Reporting to the Head of Third Party Risk & Governance, the Third Party Risk Management Lead will build strong relationships across the business, including with the UK Leadership Team, to help drive the SMO Third Party Risk agenda for the UK business, acting as the key subject matter expert for all Third Party Risk.

Alongside the wider Third Party Risk and Governance function, this role will support the running of our Third Party Risk Management Frameworks in a well-managed, efficient and effective way, through fostering a culture of continuous improvement, relevant reporting, capitalising on enterprise investment and effectively managing change.

Role Responsibilities:

• Develop strong partnerships with Third Party Risk Management and Risk Management teams, business risk office (BRO), business line areas and legal & compliance.
• Be the primary point of contact within the team for Third Party Management queries both within the UK and with the various enterprise second line risk teams.
• Attend enterprise change forums to consider the impact of new changes being proposed, and provide input on behalf of the UK Business
• Adopt a continuous improvement approach for SMO, including leading retrospectives, and build these improvements into the TPM Programme.
• Partner with and coach the team members in SMO to drive a culture of continuous improvement and sound Risk Management.
• Work with our Compliance department to understand the regulatory landscape, and emerging regulatory risk, and proactively manage changes to our frameworks to effectively deal with these changes.
• Own the Third Party Management training programme for the UK.
• Run and maintain the Third Party Management Programme Quality Assurance framework.
• Own the UK Third Party Management Metrics, and reporting.
• Perform Third Party Background checks where required.
• Work with Cyber Risk and Information Assurance teams to ensure that Cyber Risk exceptions are documented and up to date.

What you'll bring:

• Experience in a Third Party Management /operational Risk Management role preferable
• Knowledge and understanding of Third Party Risk and Third Party lifecycle desirable
• Outstanding stakeholder management skills, with the ability to work in collaboration with cross functional teams and demonstrating confident and effective communication
• Coaching and mentoring experience; ability to identify opportunities to enhance team skills and translate into appropriate training frameworks.
• Supporting change and process improvement across the wider team.
• Demonstrated ability to partner, effectively challenge and influence across all levels (incl execs).
• Where and how you'll work
• This is a permanent position and is based in our Nottingham office.
• Our hybrid working model offers you the flexibility to work from our offices and from home, when you need to.
• We're big on collaboration and connection, and so generally encourage our associates to use our offices on Tuesdays, Wednesdays and Thursdays.
• The number of days you spend in the office will usually be led by the type of work you're doing, and the hybrid working patterns of the people you partner most closely with.
• Many of our associates have flexible working arrangements, and we're open to talking about an arrangement that works for you.

Extra Benefits:

We offer high performers strong and diverse career progression, investing heavily in developing great people through our University training programmes (and appropriate external providers)

Immediate access to our core benefits including pension scheme, bonus, generous holiday entitlement and private medical insurance - with flexible benefits available including season-ticket loans, cycle to work scheme and enhanced parental leave

Open-plan workspaces and accessible facilities designed to inspire and support you. Our Nottingham head-office has a fully-serviced gym, subsidised restaurant, mindfulness and music rooms. What you should know about how we recruit

If you are interested in this role, are looking for your next challenging step up within Risk Management/Third Party Risk, then apply today and I will be in touch as soon as possible.

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Macildowie is a specialist recruitment consultancy with a rich history of enhancing the careers of professionals across the Midlands and the Northern Home Counties. We have an unrivalled understanding of the local market place and recruit for the majority of the region's premier employers. To search for all of our live jobs please visit us at macildowie.com.