Third-Party Oversight Manager
Newcastle Building Society
full-time
Posted on:
Location Type: Hybrid
Location: Newcastle • 🇬🇧 United Kingdom
Visit company websiteSalary
💰 £40,736 - £55,114 per year
Job Level
Mid-LevelSenior
About the role
- Develop, maintain and implement third-party oversight and supplier relationship management frameworks
- Ensure frameworks are adopted across the Society and act as trusted business partner and adviser
- Identify, document and report third-party risks in line with policy
- Support detailed data analysis including trending, problem identification and development of remediation plans
- Assist the business with the attestation process and verify compliance with third party risk management framework, policies and controls
- Keep up to date with changing regulatory environment, market conditions, trends and insights affecting third-party risk
- Work alongside the Group Property & Procurement Operations Manager to develop reporting demonstrating framework effectiveness
Requirements
- Demonstratable experience in a third-party risk management role
- In-depth understanding of third-party risk management best practices and trends
- Track record of implementing risk management and supplier relationship management frameworks
- Ideally understanding of financial services regulations or experience in a regulated environment
- Experience of working with risk management systems
- Strong understanding of strategic procurement and supplier management
- Excellent communication and stakeholder management skills
- Experience in interpreting and presenting third-party risk data and MI
- In-depth reporting and analytical skills
- Experience of producing reporting to regulator, risk and c-suite levels
- Appetite to positively disrupt and challenge the status quo
Benefits
- Corporate bonus scheme (on target 10%, up to a maximum 15%)
- Pension scheme (up to 9% employer contribution)
- Annual performance related pay reviews
- Colleague mortgage scheme
- Electric car salary sacrifice scheme
- Life assurance (4x salary) and income protection
- Access to our financial advisers
- Access to a range of high street and online discount
- 35-hour weekly contract and flexible working discussions
- 30 days’ annual leave + bank holidays
- Option to buy and sell up to 5 days’ holiday
- Hybrid working (typically 3 days’ home based)
- Above statutory family leave entitlement - 3 months full pay, 3 months half pay
- Private medical insurance
- Access to a health cash plan through a Medicash scheme
- Access to an employee assistance programme
- Free onsite gym at our Cobalt head office and access to discounted gym’s
- Two paid volunteering days each year
- Cycle to work scheme
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
third-party risk managementsupplier relationship managementdata analysisrisk management frameworkscompliance verificationreportingregulatory reportinganalytical skillsproblem identificationremediation plans
Soft skills
communication skillsstakeholder managementstrategic thinkingdisruption mindsetadvisory skills