Third Party Risk Manager

Oliver James; Greater London; Hybrid; GBP 90,000 - 115,000; Full time

Job summary

A global Lloyd’s of London market insurer is seeking an experienced Third Party Risk Manager to join their London team. This hybrid role (3 days in office) involves implementing a global Third-Party Risk Management framework and collaborating with various functions including Procurement and Compliance. The ideal candidate must have proven experience in third-party or operational risk management within a regulated financial services environment and a strong understanding of relevant regulatory requirements. Competitive salary of £90,000 – £115,000 plus bonus and benefits.

Qualifications

• Proven experience in Third-Party Risk Management, Outsourcing Risk, Operational Risk, or Supplier Governance.
• Strong understanding of regulatory requirements including PRA SS2/21, DORA, and GDPR.
• Experience implementing TPRM frameworks or technology platforms.

Responsibilities

• Support the design and implementation of global third-party risk policies.
• Contribute to the rollout of a global TPRM technology platform.
• Collaborate with stakeholders to operationalise the TPRM Target Operating Model.
• Track emerging regulatory and operational risks.
• Act as a subject matter expert for third-party risk across the business.

Skills

Third-Party Risk Management

Outsourcing Risk

Operational Risk

Supplier Governance

Stakeholder Management

Tools

ProcessUnity

Archer

Coupa

MetricStream

Job description

# Third Party Risk ManagerThird Party Risk ManagerSalary£90000 - £115000LocationCity of London, London, UKContractPermanentIndustryLife Insurance---ContactJoss [e-mail]### **Third-Party Risk Manager – Global Lloyd’s Market Insurer****Location:** London (Hybrid – 3 days office) **Salary:** £90,000 – £115,000 + bonus + benefitsWe are working on behalf of a **global Lloyd’s of London market insurer** seeking an experienced **Third-Party Risk Manager** to join their London team.This is an excellent opportunity to play a key role in the development and implementation of a **global Third-Party Risk Management (TPRM)** framework, as the business delivers a major transformation to strengthen its oversight of critical suppliers, outsourcing arrangements and associated regulatory obligations across multiple jurisdictions.Reporting into the Global Head of Third-Party Risk Management, you will work closely with colleagues across Procurement, Risk, Compliance, Legal, Information Security, and Technology to embed consistent, risk-based standards, frameworks, and systems across the organisation.#### **Key Responsibilities*** Support the design and implementation of global third-party risk policies, frameworks and governance aligned to regulatory requirements including PRA SS2/21, DORA, GDPR and CSDDD.* Contribute to the rollout of a new global TPRM technology platform, ensuring requirements are captured, tested, and successfully embedded across regions.* Collaborate with global and regional stakeholders to operationalise the new Target Operating Model (TOM) for third-party risk management.* Partner with external service providers delivering TPRM operations to ensure alignment with group standards.* Track emerging regulatory and operational risks, support ongoing monitoring, and deliver regular reporting to senior management and committees.* Act as a subject matter expert and key point of contact for third-party risk across the business.#### **Experience Required*** Proven experience in **Third-Party Risk Management, Outsourcing Risk, Operational Risk, or Supplier Governance** within a regulated financial services or insurance environment.* Strong understanding of regulatory requirements such as **PRA SS2/21, DORA, GDPR** and related outsourcing standards.* Experience supporting the implementation of TPRM frameworks, governance structures or technology platforms (e.g. ProcessUnity, Archer, Coupa, MetricStream).* Excellent stakeholder management skills, with the ability to engage across global functions and drive change initiatives.* Prior experience within the insurance or Lloyd’s market is strongly preferred.#### **Why Apply**This is a genuinely strategic role within a high-performing global insurer that is investing heavily in its third-party risk capability. You’ll join at an exciting stage of transformation, with the opportunity to shape and embed new frameworks that will define best practice across the organisation globally.