Head of Third Party Management
Core
Design, own, and drive adoption of the end-to-end third-party management framework (sourcing, contracting, onboarding, ongoing assurance, exit) for a UK regulated bank, ensuring risk is controlled within appetite and regulatory obligations are met.
Role type
Senior IC Head of Third Party Management
Builds
Bank-wide third-party management framework, tooling, and governance model
Domain
Fintech / Banking / Third-party risk management
Required skills
Third-party management leadership, Procurement strategy, Contract negotiation, Regulatory compliance (PRA/SYSC), Supplier segmentation, Data governance, Stakeholder enablement, Risk assessment
Preferred skills
Experience with outsourced service agreements, Platform automation, Board reporting
Technologies
Third-party management platforms, Regulatory reporting tools
Responsibilities
Set procurement and third-party management strategy and governance; Lead material contract negotiations and ensure contracts reflect risk appetite; Maintain accurate third-party register and risk assessments; Oversee due diligence refresh and control attestation; Drive adoption of the framework across the organization; Own the third-party management platform roadmap; Provide executive and Board reporting on risk exposure and control adherence.
Seniority
Senior, hands-on IC