TPRM Contractor - Michael Page Banking : Job Details

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 experience

Job 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