Third Party Risk Management (TPRM) Manager

Full Job Description

This is a newly created, stand-alone position that will be responsible for developing TPRM processes and frameworks to support the wider organisation. Main responsibilities:

• Provide independent oversight and challenge during the supplier due diligence during supplier onboarding process.
• Leading on the in-life monitoring of suppliers for potential risk.
• Proactively informing Supplier Owners, Procurement, Business Risk, IT Security, Legal, Technology and other teams.
• Advising on potential supplier risk management strategies to minimise impact.
• Develop and evolve a TPRM framework.
• Leading on company policy development specifically in areas of supplier risk management.
• Deliver high quality risk reports, with guidance and recommendations, to enable senior business owners to make the most appropriate risk decisions.
• Reviewing current tools and technology and assessing investment opportunities to support TPRM practices.
• Close collaboration with Innovation team to create a risk adjusted approach to innovation to balance risk and speed appropriately.
• Close collaboration with procurement team to support minimising / mitigating supplier and contractual risk.

To be considered:

• Experience working in Third-Party Risk Management as a TPRM / Supplier Risk / Vendor Risk Manager.
• Good understanding of Third-Party Risk Management practices and strategies.
• Passionate about subject area and keen to take a lead in this area.

On Offer:

• £65,000 - £80,000.
• Great benefits including up to 20% bonus and non-contributory pension.
• Hybrid: 3 days / week in Bristol.
• Further training and development.