Senior Third Party Risk Manager / Operational Resilience - PSD

About the company

*Salary: £90K - £95K + benefits + bonus** Wonderful and varied opportunity to join an established, medium-sized international bank who is hiring a second-line leader to own its third-party management framework and operational resilience model.

Your tasks

Reporting to the COO, with Board-level reporting and one direct report, you'll be accountable for governance, performance and risk across c.350 vendors (12 critical/high risk).

Third party management (core of the role)

1. Own the end-to-end vendor lifecycle in Gatekeeper: due diligence, contracting, onboarding, monitoring, performance, exit and termination
2. Maintain the register of third-party and outsourcing arrangements, including materiality and criticality ratings
3. Deliver the material third-party register for the March 2027 regulatory deadline, then keep it accurate going forward
4. Review contracts with Legal and Compliance for audit and access rights, data location, incident notification, subcontracting and termination provisions
5. Set and monitor SLAs and KPIs, and test exit plans for outsourced services
6. Chair the third-party and resilience governance committee and report to senior leadership and the Board
7. Act as liaison to Group colleagues on third-party matters
8. Line manage a third-party management and resilience analyst

Operational resilience and BCM

1. Maintain the operational resilience framework and embed it into third-party processes
2. Support business leaders on Important Business Services, mapping and scenario testing
3. Oversee business continuity, including BIAs, continuity plans, crisis management and DR/recovery testing
4. Lead or support crisis response when a critical supplier fails

Requirements

Regulatory scope PRA SS2/21, SS1/21 and SS4/21, FCA SYSC 8 and 15A, EBA outsourcing guidelines, UK Critical Third Parties regime, and DORA for EU operations.

Other

Job Title: Senior Third Party Risk Manager / Operational Resilience

Location: London ( hybrid 4 days in the office)