Third Part Risk Manager
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Job Location:
Monthly Salary:
Posted on:
12 hours ago
Vacancies:
1 Vacancy
Job Summary
About Allica Bank
Allica is the UKs fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs one of the last major underserved opportunities in Fintech.
Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.
Department Description
Third Party Risk plays a critical role in ensuring Allica engages oversees and exits suppliers in a way that strengthens our resilience and consistently delivers high-quality outcomes. We manage the full third-party lifecycle with a focus on strong governance transparent decision-making and robust oversight. Acting as trusted partners across the business we enable teams to work confidently and at pace with third parties while ensuring risks are understood controls are followed and relationships are managed in line with Allicas core values.
Role Description
The Third-Party Risk Manager sits within the central risk function and is responsible for supporting the business in identifying assessing and managing risks associated with third-party relationships. The role works closely with stakeholders across the business including subject matter experts (SMEs) to build a holistic view of third-party risk and ensure third parties are managed in line with internal policies regulatory expectations and risk appetite.
The Third-Party Risk Manager provides expert advice on third-party risk supports effective risk-based decision-making and helps embed strong third-party risk management practices across the bank.
Principal Accountabilities
Act as a subject matter expert on third-party risk management providing guidance and challenge to the business on third-party related risks.
Liaise with subject matter experts across the business (e.g. Security Risk Legal Finance Crime Finance) to develop a comprehensive understanding of the overall risk profile of third parties.
Support the business in applying third-party risk management policies frameworks and standards consistently across the organisation.
Oversee and review third-party risk assessments due diligence and ongoing monitoring activities to ensure risks are identified documented and appropriately mitigated.
Partner with business owners to support risk-based decisions throughout the third-party lifecycle including onboarding contract renewal and exit.
Contribute to the continuous improvement of third-party risk management processes tools and reporting.
Support regulatory audit and assurance activities relating to third-party risk management.
Personal Attributes & Experience
Clear and confident communicator.
Strong analytical skills with the ability to assess complex risks and synthesise input from multiple SMEs.
Collaborative and pragmatic with the ability to influence and build strong working relationships.
Well-organised effectively managing multiple priorities.
Confident in providing constructive challenge while maintaining a supportive solutions-focused approach.
Proven experience in third-party risk management operational risk or a related discipline.
Experience assessing third-party risks and working with SMEs to inform risk-based assessments and decisions.
Familiarity with regulatory expectations and industry best practice relating to third-party risk management within a financial services environment.
Strong working knowledge of third-party risk management systems and related platforms.
Working at Allica Bank
At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.
Our employees are at the heart of everything we do so our benefits are designed with you in mind:
Full onboarding support and continued development opportunities
Options for flexible working
Regular social activities
Pension contributions
Discretionary bonus scheme
Private health cover
Life assurance
Family friendly policies including enhanced Maternity & Paternity leave
Dont tick every box
Dont worry if you dont have all the skills or requirements listed on the job description. If you think youll be a good fit wed still love to hear from you!
Flexible working
We know the 9-to-5 isnt right for everyone. Thats why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and if we can we will do our best to accommodate.
Diversity
Were a diverse bunch here at Allica with all kinds of experiences backgrounds and lifestyles. Our openness and differences make us stronger and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.
Required Experience:
Manager
Key Skills
- Arm
- Risk Management
- Financial Services
- Cybersecurity
- COSO
- PCI
- Root cause Analysis
- COBIT
- NIST Standards
- SOX
- Information Security
- RMF
About Company
Switch to a rewarding business bank built especially for established businesses. Call us on 0330 094 3333 or apply online.
