Third Party Risk Management (TPRM) Operations Manager (9 months) | Job in Kent

We are seeking a highly skilled and experienced Third Party Risk Management (TPRM) Operations Manager to join our team for a 9-month contract. The successful candidate will play a pivotal role in ensuring the effective management of third-party risks across various business functions.

• Develop, implement, and maintain TPRM policies, procedures, and guidelines that align with regulatory requirements and industry best practices.

• Lead the risk assessment process for third parties, identifying potential risks and developing mitigation strategies.

• Collaborate with stakeholders across the organization to monitor and manage third-party risks in an efficient and effective manner.

• Conduct regular risk assessments and reviews of third parties to ensure continued compliance with policies and regulations.

• Maintain accurate records and reports on third-party risks, incidents, and mitigation actions for regulatory scrutiny and internal audits.

• Develop and deliver training programs to raise awareness about third-party risks among employees and third parties.

• Liaise with external advisors, auditors, and regulators as required.

• Contribute to the continuous improvement of the TPRM function by identifying areas for process enhancement and implementing improvements.

• Bachelor's degree in a relevant field such as Risk Management, Business Administration, Law, or related discipline. Advanced degree preferred.

• Minimum of 5 years of experience in Third Party Risk Management within the financial services industry.

• Proven ability to develop and implement TPRM policies, procedures, and guidelines.

• Strong knowledge of risk assessment methodologies and regulatory requirements relating to third-party risk management.

• Excellent analytical, problem-solving, and decision-making skills.

• Exceptional communication and stakeholder management skills, with the ability to engage effectively with internal and external stakeholders at all levels.

• Strong leadership qualities, with a proven ability to motivate and manage a team.

• Proficient in using TPRM software tools and risk management methodologies.

• Highly adaptable, with the ability to work under pressure and meet tight deadlines.

• A professional certification such as Certified Third Party Risk Professional (CTPRP) or similar is desirable.

The role will be based in the South East region of the United Kingdom. The working hours are 9:00 am to 5:30 pm, Monday to Friday. Occasional travel may be required for meetings and audits.

We are an equal opportunities employer and welcome applications from all qualified candidates regardless of race, gender, disability, religion, sexual orientation, or age.

is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Skill Set

*Skill Set *

In the role of Third Party Risk Management (TPRM) Operations Manager for a 9-month tenure, the following skills and qualifications are essential:

• Strong Knowledge of TPRM Frameworks and Regulations: An in-depth understanding of various TPRM frameworks such as COBIT, ISO 31000, NIST, and others, along with a solid grasp of relevant regulations like GDPR, FFIEC, and Basel III is crucial.

• Risk Assessment and Management: Ability to assess risks associated with third-party relationships, develop risk mitigation strategies, and implement controls to manage identified risks effectively.

• Vendor Relationship Management: Proven experience in managing complex vendor relationships, ensuring compliance with contractual obligations, and conducting regular performance reviews.

• Strategic Planning and Project Management: Demonstrated ability to plan and execute TPRM projects, manage resources efficiently, and deliver results within specified timelines.

• Vendor Risk Identification and Assessment: Capability to identify potential risks associated with third parties, assess their impact, and prioritize actions based on risk levels.

• Risk Reporting and Communication: Excellent communication skills to prepare and present clear, concise, and actionable risk reports to stakeholders at various levels within the organization.

• Proficiency in Risk Management Software: Familiarity with TPRM software solutions for managing third-party risks, vendor due diligence, and ongoing monitoring activities.

• Knowledge of Data Privacy and Security Regulations: Understanding of data privacy laws (e.g., GDPR) and security best practices to ensure the protection of sensitive information shared with third parties.

• Collaborative Leadership: Ability to lead cross-functional teams, collaborate effectively with stakeholders, and foster a culture of risk awareness across the organization.

• Continuous Learning and Improvement: Commitment to staying updated on emerging trends, regulations, and best practices in TPRM, and proactively seeking opportunities for process improvement and efficiencies.

Applicant Profile

I am a highly motivated and experienced professional seeking the opportunity to join your esteemed organization as a Third Party Risk Management (TPRM) Operations Manager for a duration of 9 months. With a strong background in risk management, operations, and compliance, I am confident that I can contribute significantly to your team's success.

• Extensive Experience in TPRM: Over 8 years of experience in managing third-party risks across various industries, including but not limited to finance, technology, and healthcare.

• Strategic Planning & Execution: Proven ability to develop and implement effective risk management strategies, ensuring compliance with regulatory requirements and industry best practices.

• Risk Assessment & Mitigation: Skilled in conducting comprehensive risk assessments, identifying potential risks, and implementing mitigation strategies to minimize their impact.

• Stakeholder Management: Demonstrated experience in managing relationships with key stakeholders, both internally and externally, to ensure effective risk management processes.

• Project Management: Strong project management skills with the ability to manage multiple projects simultaneously, prioritize tasks effectively, and meet deadlines consistently.

• Knowledge of Risk Management Frameworks: Familiarity with risk management frameworks such as COBIT, ISO 31000, and NIST SP 800-37.

• Communication & Collaboration: Excellent communication skills, with the ability to articulate complex risk management concepts clearly and effectively to various audiences. A collaborative team player who thrives in a dynamic work environment.

I am excited about the opportunity to bring my unique blend of skills and experiences to your team as a TPRM Operations Manager. I am confident that my passion for risk management, strong work ethic, and ability to adapt to new challenges make me an excellent fit for this role. I look forward to discussing my application further.

Thank you for considering my application. I am eager to learn more about the Third Party Risk Management (TPRM) Operations Manager position at your organization.

Career Progression

In the dynamic and interconnected business landscape of South East Asia, the role of a Third Party Risk Management (TPRM) Operations Manager is crucial for ensuring the safety, security, and compliance of an organization's activities. This 9-month contract offers an exciting opportunity to advance your career in risk management and operations, and make significant contributions to the success of the company.

*Responsibilities: *

• Develop and implement a comprehensive TPRM strategy aligned with the organization's overall risk management objectives.
• Oversee the day-to-day operations of the TPRM function, including vendor due diligence, monitoring, and contract management.
• Collaborate with stakeholders across the organization to identify and assess potential risks associated with third-party relationships.
• Lead risk assessment teams in conducting thorough evaluations of vendors, ensuring compliance with regulatory requirements and industry best practices.
• Establish key performance indicators (KPIs) for TPRM operations, monitor their performance, and make data-driven recommendations for improvement.
• Maintain a library of standard contracts and policies related to third-party relationships, ensuring they are regularly reviewed and updated as needed.
• Develop and deliver training programs to raise awareness about TPRM among employees and vendors.
• Collaborate with legal and compliance teams to address any potential legal issues arising from third-party relationships.
• Participate in incident response activities related to third-party risks, contributing to the mitigation of their impact on the organization.
• Stay abreast of industry trends and regulatory updates, ensuring the TPRM function remains current and effective.

*Requirements: *

• Bachelor's degree in Risk Management, Business Administration, Law, or a related field. A Master's degree or relevant professional certifications (e.g., Certified Third-Party Professional, Certified Information Systems Auditor) is preferred.
• Minimum 5 years of experience in TPRM or related risk management roles within the financial services industry or other highly regulated sectors.
• Strong understanding of third-party risks, regulatory requirements, and industry best practices related to TPRM.
• Excellent leadership, communication, and stakeholder management skills.
• Proven ability to work collaboratively with cross-functional teams in a fast-paced environment.
• Strong analytical, problem-solving, and decision-making skills.
• High level of proficiency in relevant software tools, such as GRC platforms, Microsoft Office Suite, and data analysis tools.
• Ability to travel as needed for meetings and site visits.

This 9-month contract offers an exciting opportunity for a seasoned TPRM professional to make a significant impact on the success of the organization while advancing their career in risk management and operations. If you are ready to take your career to the next level, we encourage you to apply for this challenging and rewarding role.

About the Company

As part of our continuous expansion, we are seeking an experienced Third Party Risk Management (TPRM) Operations Manager for a 9-month contract position within our team. This role offers a unique opportunity to contribute to our ongoing success by ensuring the effective management of third-party risks in accordance with our company's policies and regulatory requirements.

At , we value our employees as our greatest asset. We are committed to providing a supportive, inclusive, and empowering work environment where each team member can grow both personally and professionally. If you are passionate about risk management, have a strong analytical mindset, and thrive in collaborative teams, we would love to hear from you!

Perks and Advantages

In this exciting role as a Third Party Risk Management (TPRM) Operations Manager, you will be joining a dynamic organization based in South East, committed to fostering growth, innovation, and responsible business practices. Here are some of the key perks and advantages you can expect:

• Opportunity for Growth: This is a temporary 9-month position, offering you an excellent opportunity to grow your skills, expand your professional network, and demonstrate your value within our organization. This could potentially lead to permanent employment opportunities or open doors for future collaborations.

• Impactful Role: As a TPRM Operations Manager, you will play a pivotal role in shaping our third-party risk management strategy. You will have the chance to implement best practices, drive operational efficiencies, and ensure that our organization mitigates risks associated with third-party relationships.

• Collaborative Environment: Our company values collaboration and teamwork. You will work alongside a diverse team of professionals, sharing ideas, learning from each other, and collectively driving success. This collaborative environment fosters innovation, promotes continuous learning, and encourages personal development.

• Competitive Compensation: We offer a competitive salary package that recognizes your expertise and experience in the field. In addition to your base salary, you will be eligible for performance-based bonuses, further incentivizing your contribution to our success.

• Comprehensive Benefits Package: Our comprehensive benefits package includes medical, dental, and vision coverage, as well as a 401(k) plan with company matching. We also provide generous paid time off and holiday schedules, allowing you to maintain a healthy work-life balance.

• Professional Development Opportunities: We are committed to the professional development of our team members. You will have access to various training programs, workshops, and conferences to help you stay current with industry trends and advance your career.

• Inclusive Culture: Our company is built on a foundation of diversity, equity, and inclusion. We believe in creating an environment where everyone feels valued, heard, and respected. You will be part of a culture that embraces and celebrates our differences, fostering a more innovative, creative, and productive workplace.

• Centrally Located: Our office is situated in a convenient, centrally located area within South East, offering easy access to public transportation, amenities, and recreational facilities. This location provides an ideal work-life balance, allowing you to enjoy the vibrant city lifestyle while being close to your workplace.

Join us as a Third Party Risk Management (TPRM) Operations Manager and embark on a rewarding journey that offers growth opportunities, competitive compensation, comprehensive benefits, professional development, an inclusive culture, and a central location in South East. We look forward to welcoming you to our team!