Third Party Risk Management (TPRM) Principal Consultant

Overview

In this role you will lead enterprise-wide TPRM strategy and transformations for financial services clients, advising boards and executives on third-party risks. You’ll shape operating models spanning procurement, risk, resilience, legal and technology, and drive regulatory readiness and complex risk programs. You will tackle AI-enabled supplier risk, cloud and outsourcing challenges, and help clients build resilient ecosystems. This is a chance to influence large-scale risk transformations at senior levels within a global firm.

Pay / Benefits

• private healthcare
• 25 days annual leave (+5 days option)
• generous pension
• annual performance-based bonus
• PA share ownership
• cycle to work and tax-efficient perks

Responsibilities

• Design and transform enterprise TPRM frameworks, operating models and governance
• Advise Boards and Executive Committees on third-party and supplier risks
• Develop target operating models integrating procurement, risk, resilience, compliance, legal and technology
• Lead large-scale TPRM transformation, remediation and regulatory change programs
• Define risk appetites, control frameworks, policies, standards and KRIs
• Advise on current and emerging regulatory requirements (PRA SS2/21, FCA Operational Resilience, DORA, EBA Outsourcing, Basel, Solvency II)
• Lead regulatory readiness assessments, remediation programs and assurance reviews
• Support regulator interactions, internal audit and external assurance
• Assess third-party support of important business services and critical operations
• Lead resilience testing, substitute and exit planning for suppliers
• Advise on resilience aspects of cloud services and technology providers
• Design governance for AI-enabled suppliers and conduct due diligence on AI/VML vendors
• Manage executive relationships (CROs, COOs, CIOs, CISOs, Heads of Procurement) and drive business development
• Mentor TPRM leaders and contribute to thought leadership and market propositions

Key requirements

• 8-12+ years in TPRM and Operational Resilience
• Experience across banking, insurance, asset management or financial regulation
• Proven track record leading enterprise-wide TPRM transformations
• Strong understanding of technology, cloud and digital supplier risk
• Experience engaging with regulators, executive committees and boards
• Strong commercial and client-facing capabilities

• client-facing
• leadership
• stakeholder management
• TPRM frameworks and governance design
• risk appetite and control framework development
• supplier segmentation and criticality assessment

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