Third Party Officer

Quantitative Finance & Risk
Published
31st May 2017
Job Type
Permanent
Salary
£85,000

Description

BSM Group are representing a client seeking a Third Party Officer

Key Responsibilities

  • Overseeing implementation and management of the TPSP policy and program across EMEA.
  • Reviewing scheduled and ad hoc reporting; maintaining an awareness of risk issues affecting key third party service providers within EMEA, and ensuring appropriate escalation and follow-up takes place.
  • Servicing as the communications conduit between WORC, the Third-Party Risk Management (TPRM) program and business / regional Relationship / Engagement Managers.
  • Monitoring reporting to ensure program requirements are addressed timely and that risk acceptance is submitted, when required.
  • Address and escalate as necessary, issues and concerns within the region (e.g. – lack of responsiveness / follow-up from engagement / relationship managers / other TPO’s etc., in meeting program requirements)
  • Maintaining documentation evidencing review and challenge and monitoring activities.
  • Conducting ongoing documentation reviews to ensure data quality and integrity, timely and thorough completion of program requirements, adherence to documentation standards and effective management of third party risk.
  • Educating key team members (Relationship /Engagement Manager, Business Owners, Business Liaisons) in the region on the program and policy requirements and ensure all receive appropriate training.
  • Providing ongoing education and awareness of the TPRM program requirements across the region as required.
  • Together with related business owner, ensuring risk acceptance and alternative practise requests are approved at the appropriate management level and documented as per TPSP standards and procedures.
  • Reporting high levels of residual risk to appropriate management and reporting forums. Quantifying and qualifying risk.
  • Defining and implementing all pertinent LOB processes to meet the requirements of the TPSP policy, standards and procedures.

Key Requirements:

  • Extensive experience in financial services, which must include direct proven experience with project/process change management.
  • Project management experience to solve complex problems.
  • Experience in governance and risk management.
  • Proven effectiveness in development of data solutions, reporting and metric development.
  • Proven effectiveness in partnership across various stakeholders, including senior and executive management.
  • Excellent documentation and communication skills.
  • Effective change leader.

If you require any more information please contact Ali Nurmohamed: alinurmohamed@bsmgroup.com  or  0207 653 6734

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