Third Party Risk Management (TPRM) Manager

This is a newly created position that will be responsible for developing TPRM processes and frameworks to support the wider organisation. Main responsibilities:
To act as an expert and advisor across all areas of supplier relationship management and supplier related risk.
To influence our supplier risk management approach and strategy.
To provide best practice guidance and support to all global offices to enable the effective oversight and management of key suppliers.
To identify and maintain an inventory of our critical and important supplier relationships.
To ensure appropriate controls are in place to support compliance with the minimum standards outlined in the Supplier Management Framework, Procurement, Finance and Professional Standards & Risk Management policies, including on-going monitoring and reporting.
To work with the Procurement Operations Team to report non-compliance with SRM Framework minimum standards and processes.
To leverage data analytics to identify opportunities to drive greater value -consider reporting and data to drive the right behaviours, including supplier risk management and sustainability reporting.
To manage and resolve any ad-hoc user queries on key supplier management topics, e.g., service improvement planning, exit management, etc.
To lead initiatives to ensure growing compliance and adherence to the firm's global procurement policies.
To be considered:
Experience working in Third-Party Risk Management as a TPRM / Supplier Risk / Vendor Risk Manager.
A good understanding of the principles of risk management, control, and assurance, including, but not limited to, data privacy, information security, financial risk management, AB&C, modern slavery, business continuity, etc.
On Offer:
£45,000 - £55,000
Hybrid: 2-3 days / week in their Newcastle office.