Third Party Risk Management Lead (TPRM)

Procurement supply chain Interim and permanent recruiters

Third Party Risk Management Lead (TPRM) | London | Hybrid ~ We're partnering with a leading insurer to recruit a Third-Party Risk Manager to play a key role in the delivery and continual improvement of their Third-Party Risk Management (TPRM) framework...

Are you an experienced Third-Party Risk professional looking to join a well-established global insurance organisation operating in the London Market?

We are partnering with a leading insurer to recruit a Third-Party Risk Manager to play a key role in the delivery and continual improvement of their Third-Party Risk Management (TPRM) framework. This is an excellent opportunity to work within a highly regulated environment, partnering with Procurement, Operational Resilience, Risk, and senior business stakeholders to ensure third-party relationships are managed effectively throughout their lifecycle.

You will take ownership of the end-to-end management of high-risk and material third-party suppliers, leading due diligence, risk assessments, and onboarding activities while ensuring compliance with regulatory expectations and internal governance standards.

Working within a collaborative and high-performing team, you will help strengthen supplier governance, improve risk processes, and support the organisation's operational resilience objectives.

Key Responsibilities:

• Lead third-party due diligence and risk assessments for critical and high-tier suppliers.
• Manage the full supplier lifecycle, including onboarding, ongoing monitoring, incident management, and offboarding.
• Identify, assess, and escalatesupplier risks and control weaknesses.
• Maintain the Material Third Party Register and associated governance documentation.
• Ensure all TPRM activities are completed in line with internal frameworks and regulatory requirements.
• Prepare high-quality reporting and governance papers for senior stakeholders.
• Work closely with Procurement, Business Owners, Operational Resilience, Risk and Compliance teams.
• Support audits, regulatory reviews, and remediation activities.
• Drive continuous improvements to TPRM processes, data quality, and governance.
• Mentor and support junior team members where required.

About You:

We are looking for someone who can combine strong technical Third-Party Risk knowledge with excellent stakeholder management skills.

You will ideally have:

• Proven experience within Third Party Risk Management (TPRM) in Financial Services.
• Experience managing supplier onboarding and lifecycle governance.
• Good understanding of third-party risk frameworks and best practice.
• Experience using TPRM systems and tools (Workday experience would be advantageous).
• Knowledge of PRA and FCA regulatory expectations.
• Previous experience within Insurance or the London Market would be highly desirable.

You will Also Bring:

• Excellent analytical and problem-solving skills.
• Strong written documentation and reporting ability.
• Confidence engaging, influencing and constructively challenging senior stakeholders.
• Exceptional attention to detail.
• Excellent organisational skills with the ability to manage multiple priorities.
• A collaborative mindset and passion for continuous improvement.

What is on Offer?

• Join a highly respected global insurance business.
• Work on business-critical supplier risk and operational resilience initiatives.
• Exposure to senior stakeholders across the organisation.
• Hybrid working from modern City of London offices.
• Competitive salary, annual bonus, and comprehensive benefits package.

If you are an experienced Third-Party Risk professional looking for your next challenge within a leading financial services organisation, we would love to hear from you.

My client is based in London city and will require 3 days a week in the office