Third Party Risk Management Analyst

Third Party Risk Management Analyst FirstBank UK is a globally recognised, top-tier bank who provide world-class services to various institutions and individuals. Offering a comprehensive range of retail and corporate financial services/products, this thriving business with over 10 million active customers in over 700 business locations is the oldest African bank in the UK. Due to business requirements & growth, we are now looking to acquire the services of an experienced Third Party Risk Management Analyst to support the operation, maintenance & continuous improvement of the Bank's Third Party Risk Management framework.

• Please note that this is a hybrid role with 3 days in the office and 2 days working from home Key Responsibilities:
• Support the ongoing operation and continuous improvement of the Bank's Third-Party Risk Management (TPRM) framework, including procedures, templates, registers, controls and management information.
• Review and challenge third-party onboarding documentation submitted by Vendor Risk Owners, including Profiling and Tiering Assessments, due diligence questionnaires, information security questionnaires, financial crime and anti-bribery and corruption assessments and supporting approvals.
• Assist with the classification and documentation of third-party arrangements.
• Maintain and enhance the Bank's third-party records, including the Master List of Vendors, Outsourcing Records, Material Third Party inventory, ABC Risk Register and other TPRM records.
• Support assessment of intragroup outsourcing arrangements and of arrangements where data or processing is located outside the United Kingdom, including jurisdictional, access, audit and resolvability considerations.
• Work with Vendor Risk Owners across the Bank to provide guidance, challenge and support on onboarding, due diligence, vendor reviews, risk assessments, contract information, approvals, remediation actions and exit planning
• Support maintenance of the Bank's Material Third Party (MTP) inventory and associated regulatory reporting records.
• Support ongoing monitoring of third-party arrangements, including review of service performance, SLA/KPI information, vendor risk events, audit findings, control issues, material incidents and other trigger events.
• Support the preparation of TPRM management information for the Bank's governance forums.
• Support regulatory horizon scanning and impact assessment for third-party risk, outsourcing, operational resilience, material third-party reporting, critical third parties, AI, cyber resilience and supply-chain risk developments.
• Assist with AI-related third-party risk activities, including identification of AI exposure, maintenance of AI vendor records, AI risk assessment support and third-party AI due diligence.
• Support financial crime screening of third parties, their owners and beneficial owners. Key Skills/Experience:
• Previous experience working in a similar Third-Party Risk Management/vendor management role within Banking/Financial Services.
• Working knowledge of the third-party risk management lifecycle.
• Strong knowledge of PRA SS2/21 on outsourcing & TPRM, PRA SS1/21 & FCA SYSC 15A on operational resilience.
• Strong knowledge of financial crime, anti-bribery and corruption, UK sanctions, information security, cyber resilience, AI governance and operational resilience considerations relevant to third-party arrangements.
• Strong analytical thinking including quantitative & qualitative skillset.
• Strong regulatory knowledge/experience.
• Working knowledge of vendor management platforms.
• Strong stakeholder management/engagement skills with the ability to challenge & influence.
• Working knowledge of operational resilience/risk would be advantageous. In return we offer a fantastic benefits package including:
• Up to 10% employer pension contribution
• Life Assurance Cover
• Income protection
• Private Medical Insurance plan (upon successful completion of probation period)
• Contribution to glasses/contacts and eye testing
• Gym subsidy (up to £50 per month)
• Cycle to work scheme
• Employee Assistance Program
• Interest Free season ticket loan for travel
• Birthday Leave
• 25 days annual leave, rising to 28 after 3 years and 30 after 8 years' service
• Give As You Earn (GAYE) The Curve Group is First Bank UK's outsource partner for Recruitment and a "Data Processor". The Curve Group will hold the information you submit but First Bank UK will have access to it. You can find their privacy policy here: https://www.thecurvegroup.co.uk/privacy-policy/