Launch Recite Me assistive technology



Applications have closed

Third Party Risk Manager – Operational Risk, 13mth FTC

  • London
  • £120,000 basic plus a bonus

My client is a global financial services infrastructure firm and are looking to hire a 13 month FTC with a view to it going perm.

This is a brand new position and an exciting opportunity to join a well respected operational risk function working for a truly excellent head of operational risk. They are going through a regulatory enforced remediation project dealing with regulatory issues around 3rd party vendor management and operational resilience.

Because of the remediation process they need to assess what the programme should look like make sure the design is up to standard. They have over 400 vendors across different areas. Making sure they have the right regulatory safeguards in place relative to PRA and FCA regulations is at the forefront of this role.

  • My client now requires the skills of an experienced Operational Risk Manager to help establish the framework and on-going process in accordance with industry best practices and Basel requirements.
  • The business is doing a GAAP analysis and this role is to support the remediation programme design and is working to enhance its Third-Party Risk Management Framework (“TPRMF”) to ensure that it complies with all relevant compliance standards and is fit for purpose with respect to managing risks that stem from third party engagements.
  • The TPRM team sits within the Operational Risk Management Department and is responsible for the second line oversight through review and credible challenge over the end to end TPM process to ensure adhere to stated risk appetite for Third Party Risk

Key responsibilities includes:-

    • Supporting the third-party management transformation program and provide SME guidance on how to address issues and control gaps, in line with regulatory obligations and industry best practices. And
    • Designing methodology to ensure the risks identified through the first line third party management process is proactively reflected in the business unit Risk and Control Self-Assessment (“RCSA”) process.


  • The ideal candidate will be working in a banking environment and have a sound understanding of 3rd part risk management and operational resilience from an Operational Risk discipline.
  • Experience and  knowledge of Third Party risk regulations in key jurisdictions such as the US, UK and Europe (essential).
  • The vendors are predominantly technology vendors so understanding banking technology regulation is crucial.

Following the successful completion of the 13 month fixed term contract, there is an opportunity for this role to go permanent. At the moment they only have approval for 13 months.

This is a senior role paying £120,000 basic plus a bonus. There is hybrid working with 2 days in the office.

Please contact immediately if you’re available to start in January 2024 and meet the requirements above.

We seek individuals from a diverse talent pool and encourage applicants from underrepresented groups to apply to our vacancies. Our commitment to fair recruitment processes means that we welcome applicants from all backgrounds, regardless of their lived experience or personal characteristics. We also invite applicants who meet most of the listed requirements, even if not all, to apply. If you require any adjustments to the application process, please let us know.

Barclay Simpson acts as an Employment Agency for permanent positions and an Employment Business for temporary/contract engagements.

Tamryn George – Quant Risk

Principal Consultant

View my profile Looking to hire?