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Third Party & Outsourcing Risk Management Officer

Sector:
Risk Management Jobs, Operations Jobs, Strategy & Planning Jobs
Location:
London
Job Type:
Permanent
Salary Description:
To £ 45,000 + Bens
Posted:
07-Jun-19
Start Date:
Job Ref:
JB1911

Highly regarded City based Financial Institution wish to recruit an new member of staff for a team that administer the Branch’s process and procedures for managing outsourcing Risk associated with Third Party Relationships and Outsourced Services.
The person identified will participate in the oversight of the full Risk Management lifecycle of Outsourced Services, be the initial point of contact for internal staff regarding Third Party Risk Management of Suppliers and Service Providers, maintain the Branch’s Relationship Inventory, perform Risk Assessment Summations, provide day to day advice and support on Third Party Provider and outsourcing Risk Management (including advice on the Bank’s policies and applicable regulations) and undertake interaction with colleagues across the Bank to ensure correct adherence to Third Party identification, Risk Assessment process and Outsourcing Governance and Controls.
Applicants must offer similar experience in Banking or Financial Services organisations in roles specifically related to Third Party and Outsourcing Risk Management, an understanding of the regulatory requirements for managing Third Party and Outsourcing Risk in a Financial Service organisation, including a working knowledge of outsourcing regulations and good Knowledge of internal controls and risk management along with excellent communication and presentation skills and proven ability to effectively interact with team members and bank wide stakeholders, across all levels, earning their trust and establishing credibility.

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