Third Party Risk Management Officer - #2175253
M&G
At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.
Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
AMS is a global workforce solutions partner committed to creating inclusive, dynamic, and future-ready workplaces. We help organisations adapt, grow, and thrive in an ever-evolving world by building, shaping, and optimising diverse talent strategies.
We partner with M&G to support their contingent recruitment processes. Acting as an extension of their recruitment teams, we connect them with skilled interim and temporary professionals, fostering workplaces where everyone can contribute and succeed.
On behalf of M&G, AMS are looking for a Third Party Risk Management Officer based in Edinburgh, for a 6 month contract. 21 hours per week, with flexibility to work three full days or spread the hours across the week, depending on individual preference and business requirements.
We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.
Purpose of the role
We are looking for an experienced Third Party Management Officer to support the Corporate Affairs, Brand and Sustainability team within a leading financial services organisation.
You will play a key role in managing third-party risk, supporting supplier onboarding, coordinating risk assessments and driving remediation activities. Working closely with internal stakeholders, you will help ensure third-party governance frameworks, policies and controls are effectively implemented and maintained across the business.
What You'll Do
- Coordinate third-party risk management activities, including supplier onboarding, risk assessments and ongoing monitoring.
- Support the implementation and adoption of third-party risk management and outsourcing frameworks.
- Lead the coordination of remediation activities for existing supplier arrangements and outstanding risk assessments.
- Work closely with Procurement, Risk, Compliance and business stakeholders to ensure third-party risks are appropriately managed.
- Provide guidance to internal teams on supplier governance, risk screening and regulatory requirements.
- Monitor supplier risk exposure, identify control weaknesses and escalate material risks where necessary.
- Maintain accurate supplier risk records, governance documentation and management information.
- Produce risk reporting and updates for senior management and governance forums.
- Track remediation actions, audit findings and compliance improvements through to completion.
- Support ongoing oversight and assurance of high-risk suppliers and outsourced services.
The Skills you'll need
- Experience in Third Party Risk Management (TPRM), supplier risk, outsourcing governance or operational risk.
- Strong understanding of third-party risk management frameworks, policies and controls.
- Practical experience conducting or coordinating supplier risk assessments, due diligence and remediation.
- Experience working within a regulated financial services environment.
- Understanding of supplier onboarding, ongoing monitoring and outsourcing arrangements.
- Experience working with first- and second-line risk functions and managing multiple stakeholder relationships.
- Ability to identify, assess and communicate risks and recommend appropriate mitigation actions.
- Strong governance, reporting and documentation skills.
- Experience implementing risk frameworks, improving processes and driving compliance improvements.
- Excellent communication, organisational and stakeholder management skills.
- Experience supporting Corporate Affairs functions would be advantageous.
Why M&G
We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
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