Head of Third Party Risk Management

About Our Client Our client is a prominent player in financial services / fintech sector. They have an extensive global reach and are renowned for their expertise in the provision of financial services and financial technology.
Job Description Aim - support the overall business and deliver strategic improvements to TPRM, procurement, and vendor management.Management of suppliers and outsourcing partners, and providing expertise in both knowledge and services. Implement risk mitigation strategies and put appropriate systems and controls in place. The ultimate responsibility is for the proper management of the supply chain optimisation, risks associated with procurement and supply chains, and supply chain governance to ensure a strong third party risk management and oversight function.Lead the design and implementation of third-party risk management strategiesEnsure compliance with global regulatory requirements related to third-party risk managementSupervise all third-party risk assessments and due diligence processesCollaborate with internal stakeholders to ensure the effective management of third-party risksConduct regular reviews and audits of third-party risk management practicesEnsure third-party contracts include appropriate risk mitigation clausesProvide regular risk management reports to senior managementLead and mentor a team of risk management professionals The Successful Applicant A successful Head of Third Party Risk Management should have:An advanced degree in Finance, Business, Supply chain or equivalent Considerable experience in third-party risk management, vendor management and procurementFinancial services industry ideally within FintechProven leadership skills and the ability to manage a teamStrong knowledge of global regulatory requirements in third-party risk management across IT/digital biased vendors Excellent analytical, decision-making, and strategic planning skillsDemonstrated ability to work effectively with internal stakeholders and third parties What's on OfferA competitive salary in the region of £125,000 - £135,000 per annumAn enticing benefits packageGenerous holiday leaveOpportunity to work in a thriving and supportive company cultureA key role in a globally recognised financial services firm based in SheffieldWe encourage all suitable applicants to seize this exciting opportunity to lead a key risk management department in a renowned financial services firm. Apply today and help shape the future of third-party risk management.
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