Risk Manager Third Party Overview

T'hird Party Risk Manager

The Global Procurement & Third Party Management department plays a critical role in ensuring a smooth operation. As the financial industry evolves and regulations such as the Digital Operational Resilience Act (DORA) come into effect, the focus of this department is shifting towards third party risk management and digital operational resilience.

In this context, the Procurement & Third Party Management department is responsible for overseeing and managing relationships with third-party service providers, ensuring that they comply with relevant regulations and internal policies. This includes conducting comprehensive risk assessments, developing and implementing effective risk mitigation strategies, and monitoring vendor performance, risk, and resilience. For this reason, a global third party risk management framework is being developed and implemented.

Position

As a Procurement & Third Party Manager your main priority will be to embed the TPRM framework as well as the DORA regulation into our policies, processes and procedures. Educating the other Procurement & Third Party Managers in the team on the topic of Third Party Management will be another focus area of your role.

You will be responsible for ensuring that our vendors comply with the Digital Operational Resilience Act (DORA) and other relevant regulations, as well as our internal policies and standards. You will also monitor and assess the performance, risk, and resilience of our vendors, and report on any issues or incidents that may affect our operations or reputation. You understand:

• Risk management
• Relationship management
• Regulatory compliance
• Performance monitoring
• Collaboration

Requirements

• You are a skilled and experienced professional with a background in procurement, risk management, relationship management, regulatory compliance and performance monitoring and at least 4 years of experience as a Vendor Manager or Third Party Risk Manager, preferably in the financial services industry.
• Bsc or Msc degree
• Dutch & English
• Hands on experience with monitoring of vendors, including performing Vendor Due Diligence assessments, assurance report assessments and vendor performance monitoring. Experience with (P2P) procurement processes or Workday as a procurement system is preferred.
• Positive, accurate, and flexible, with an analytical mindset and problem-solving aptitude.

For more information, pls contact Nienke 0205304380 or apply directly via jobs@ts.eu