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TPRM Contractor

London
1 month ago
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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 experienceJob 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

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Third Party Risk Manager

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