Third Party Risk Manager

A Private Equity backed Financial Services business are looking for are seeking a Third-Party Risk Manager. This role will be responsible for managing and mitigating risks associated with third-party suppliers and service providers. You will work closely with stakeholders across procurement, compliance, legal, and risk functions to ensure robust due diligence, monitoring, and governance of our supplier relationships.

• Third-Party Risk Assessment & Governance: Implement and enhance third-party risk management (TPRM) frameworks, policies, and controls within procurement.
• Supplier Due Diligence: Conduct risk assessments on new and existing suppliers, evaluating areas such as financial stability, cybersecurity, regulatory compliance, and operational resilience.
• Risk Monitoring & Reporting: Continuously monitor supplier risks and performance, identifying emerging risks and ensuring compliance with internal policies and regulatory standards.
• Stakeholder Engagement: Work closely with procurement, legal, compliance, and operational teams to embed risk-aware decision-making across the supplier lifecycle.
• Incident Management & Mitigation: Develop and implement strategies for risk mitigation and remediation plans in case of supplier-related disruptions or compliance failures.
• Regulatory Compliance: Ensure alignment with key regulations (e.g., FCA, PRA, GDPR, DORA), industry best practices, and internal governance frameworks.
• Process Improvement: Continuously evolve third-party risk management processes to enhance efficiency and effectiveness, leveraging data analytics and technology.

• Proven experience in third-party risk management, procurement, supplier governance, or operational risk within financial services.
• Strong understanding of procurement processes, supplier due diligence, and contract risk management.
• Familiarity with regulatory requirements (e.g., FCA, PRA, GDPR, DORA) and their impact on third-party relationships.
• Ability to interpret complex risk assessments, cybersecurity, and data privacy concerns.
• Excellent stakeholder management skills, with the ability to engage cross-functional teams.
• Strong analytical and problem-solving skills, with experience in risk reporting and mitigation strategies.
• Experience with TPRM tools and technology is an advantage.

• Work for a PE backed, financial services business with a strong commitment to risk management and compliance.
• Be part of a high-performing team, shaping the future of supplier risk governance.
• Competitive salary, bonus, pension, healthcare, and flexible working options.
• Career development opportunities in procurement, risk, and supplier management.