Our client, a leading insurance company providing a wide range of general insurance and life insurance products and services, is looking for a Senior Third Party Risk Specialist to support their Operational Risk Management team.
You will be responsible for delivering high-quality risk assessments and reports with senior management visibility, contributing to provide risk insights with focus third party risks and general risk management know how.
Your role will involve;
Facilitating risk assessments and deep dive reviews, which includes preparing high-quality and insightful risk assessment scenarios
Compiling high-quality risk reports for decision taking by management, which includes performing research on industry good practices and emerging risks in the space related third party risks
Ensure that risks associated with suppliers, before and after entering into contracts, are sufficiently identified, assessed, monitored and controlled.
Acting as trusted advisor, providing independent challenge and risk insights in support of achieving business objectives
Supporting in implementing lean and effective risk and control frameworks
Developing tangible risk and guidance to enable local risk functions of business units to effectively and efficiently assess and address risks related to third parties and outsourcing relationships
Skills & experience required;
Bachelor's degree in analytical field of study (e.g. computer science, mathematics) or similar field (e.g., law enforcement)
5 to 8 years of experience in the field of management of third party risks or similar
Solid understanding of the current risk landscape linked to the area of outsourcing, contract management, shared service centres and third party management
Maintaining related professional certifications would be preferable
Deep working knowledge on industry good practice in the area of third party management e.g. outsourcing contract management, sourcing and vendor relationship management, business process outsourcing
Strong understanding of third party risk management practices and frameworks
Experience in working with large data sets, analysis, creating data visualisations
Experienced in working within global teams and organisations and delivery through a vertically integrated working environment
Excellent communication and writing skills in English
