Third Party Risk Management - Contract Role - Banking
Morgan McKinley Dublin
Third Party Risk Manager - Banking
Reporting into TPRM Lead in this role you will be responsible for;
The implementation of the TPRM process and procedures in line with the policy and TPRM risk framework to exercise robust management of risks associated with internal and external third-party suppliers and to be fully compliant with the applicable laws, regulations, and guidelines within Europe.
Key Tasks- Execution, delivery and presentation of assigned TPRM tasks / actions across enhancements, change management initiatives and business as usual activities.
- Proactively particulate in TPRM Working Groups providing status updates of assigned tasks and identifying dependencies
- Actively engage with the second-line partners (Global Risk Management) in region and with head office in the on-going development and refinement of policy and framework requirements and collaborate with global teams for consistency and alignment of practices wherever possible.
- Collaborate and communicate with key stakeholders (business and relevant support functions) across the three lines of defence to ensure that adequate engagement, support, and input is provided to ensure effective delivery and execution of TPRM requirements.
- Support TPRM responses for independent reviews and examinations including audits, compliance testing, regulatory requests, and related action tracking to remediation.
- Coordinate and oversee complete and accurate implementation of TPRM by responsible and accountable Contract Owners (in both business and enterprise functions including IT, Operations, HR, Finance, and Legal) in line with policy, procedures, and expectation of regulators.
- Assist and guide Contract Owners in discharging their responsibilities through all stages of the contract lifecycle (onboarding, maintenance of contracts and offboarding) in line with procedure.
- Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Champions a high-performance environment and contributes to an inclusive work environment.
- Promotes a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Experience Needed :
- Experience in TPRM and knowledge of regulation and standards including PRA, CBI, and other European legislation.
- Expert/good working knowledge of internal controls, risk frameworks and governance.
- Clear, comprehensive, concise verbal and written communication.
- Knowledge of Microsoft Excel and IBM Open Pages.
- Motivated self-starter who can engage with senior stakeholders across different disciplines and tailor information granularity to suit the needs of different audiences.
All interested candidates should send cvs to Susan Nix -
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