Job Description:
Role Profile Summary: TPRM Case Specialist RAU (Risk Assessment Utility Team)
The Supplier Onboarding & Risk Management specialist will be the primary interface to the Category Leads (Procurement) and Relationship Owners (business) and will support them in navigating the Third-Party Risk Management (TPRM) processes. They will form part of a small team of Supplier Onboarding & Risk Management specialists that will be aligned to the key Procurement Categories: Technology, Services and Corporate. The team is responsible for efficiently engaging with internal partners and external suppliers to drive efficient execution of the TPRM processes, including supplier registration, onboarding, risk assessment, information gathering and associated steps.
What you will be doing & core responsibilities:
- Support the TPRM Case Specialists Manager with the delivery of the function & objectives.
- Collaborate closely with TPRM Risk Assessment Utility team, Risk Domain Owners, Third Parties and Service owners to undertake third party risk assessments
- Perform review of third-party responses to the Inherent Risk questionnaires, due diligence activity against internal standards providing an overall assessment to Risk Appetite, including but not limited to review responses and evidence of third parties, collecting information from business on the service, evaluating them, finalizing compliance and risk evaluations, and incorporating them into a platform. Rate responses/evidence in line with controls assessment methodology Identify gaps/issues and raise control deficiencies in line with ERMF. Ensure risks/issues/risk acceptances are documented appropriately with action plans, due dates, and owners. Call out in line with agreed thresholds and engagement model.
- Ensure risks and issues identified during the TPRM risk assessment process are raised consistently and in line with the ERMF and associated policies.
- Work with assigned Risk Domain SMEs to ensure consistent application of the process.
- Partner with other members of the TPRM and GP Team to ensure process is driven in a timely manner.
- Support the Ongoing Monitoring team lead with the delivery of the function's objective to drive compliance to the Third-Party Risk Management Policy and Standards.
- Support the business relationship owners and business third party risk leads to increase compliance to the LSEG TPRM Policy and Standards.
- Facilitate the completion of third-party risk reassessments based on the risk profile and the services they provide. Support the business through IRQs, due diligence and the issue management process at the point of reassessment.
- Provide support to business units in the investigation of any incidents or material screening hits related to third parties, engaging with the relationship owner to ensure mitigating actions are followed.
- Facilitate risk SMEs conversations and the business to support the closure of issues relating to third party relationships in line with the LSEG enterprise risk management framework.
- Provide the business with supporting material to set up performance meetings with third parties covering incident management, change management and subcontractor performance.
- Facilitate the Ongoing Monitoring team meeting, take team actions and be responsible for the folder system covering all ongoing monitoring artefacts, exit plan templates and Maintain reporting templates and support ongoing monitoring team with any ad hoc reporting requests.
- Support team in the delivery of business relationship owner training sessions.
What you will bring to the role:
Ideally in financial services with minimum of 7 years of experience in TPRM or Risk management background. Strong self-motivated multi-tasker who can prioritise exciting tasks and collaborators. Experience in providingcustomerss with specialist risk knowledge and supervising its execution. Ability to work independently in a fast adapting and agile work environment. Proactive and deliverable focused, with a dedication to delivering against hard deadlines. Excellent analysis skills with keen eye for detail. Strong capabilities in Microsoft Excel, PowerPoint, and Word. Experience in one or more risk disciplines an advantage i.e., Information Security, Business Continuity, Data Privacy etc. Experience in Governance, Risk & Compliance (GRC) tools an advantage.
WHAT YOU will GET IN RETURN - Let people know why this is an extraordinary opportunity for them. We recognize that to attract the best talent, we need to be flexible, and we are open to discussing work arrangements with you. We take hybrid approach to workplace.
Career Stage:
Senior Associate
London Stock Exchange Group (LSEG) Information:
Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of
Integrity, Partnership,
Excellence and
Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants and employees religious practices and beliefs, as well as mental health or physical disability needs.
You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
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