Green Park

Third Party Senior Manager

Green Park
England, London
£80,000.00 - £100,000.00 per annum
14 May 2018
28 May 2018
Senior Management
Contract Type

Green Park is proud to partner with a global Financial Services client, who is seeking a Third-Party Senior Manager for a newly created team.

The Team is responsible for the management of third-party risk across the organisation which includes:

  • Developing and maintaining a Third-Party Risk Management Framework, including clearly defined roles and responsibilities, to enable the timely identification, assessment, management, and reporting of third-party risks
  • Ensuring that effective third-party risk management processes operate across the organisation regarding the on-boarding, on-going management, and exit of supplier contracts.
  • Developing and embedding a suitable governance framework and escalation processes for the assessment, monitoring, and acceptance of third-party risks
  • Delivering value-add management information and reporting to senior management and end-users to enable understanding and management of third-party risks

Main responsibilities will include:

  • Working with the Director of Third-Party Risk Management to define and maintain the target operating model for the organisation
  • Support embedding of the framework
  • Work with Operational Risk to develop a 'Third-Party Risk Appetite Statements'
  • Ensure that there are effective Third-Party Risk Management Policies, standards, and systems to embed the framework
  • Ensure that a central risk & control matrix for the framework is maintained
  • Establish and oversee controls to ensure the completeness and accuracy of data held in Third-Party Risk Management Systems
  • Implement and oversee an effective control framework to embed the Third-Party Risk Management Framework
  • Establish and oversee processes and controls to ensure that required management information / dashboards are reported on a complete, accurate, and timely basis
  • Define, document and implement a control framework to provide assurance over the operating effectiveness of key processes performed by the Third-Party Risk Management Team

The ideal candidate:

  • A proven risk professional who has a strong understanding of risk in a large complex environment
  • Ability to identify and assess risks and evaluate controls is key
  • Ability to think laterally and understand the impacts of proposed changes, challenging the status quo where appropriate
  • Strong communication skills and the ability to operate at all

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