Third Party Risk Manager - Technology Vendor Oversight

Third Party Risk Manager - Technology Vendor Oversight

London, United Kingdom

Who we’re looking for

You will have a solid understanding of the evolving due diligence expectations of managing risk in the supply chain, particularly in a globally regulated environment, considering the different types of assessment and risk that organisations face.

We are looking for someone that has the capability and enthusiasm to stay abreast of the regulatory landscape to make sure that Schroders' policies, processes and control framework remain fit for purpose, embedding a continuous improvement mindset, ready to take on established processes, look for efficiencies and the forward thinking to grow the function's capabilities aligned to the Group's strategy.

About Schroders

We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 5,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.

Technology at Schroders

There's a huge amount of change going on hnology's shaping our business more and more, so there are many opportunities waiting to be grabbed. And because we're a big financial player, we can put hefty backing behind good ideas.

We're a serious business – we have enormous responsibilities to our clients and shareholders. But just because we're suited and booted, that doesn't make us stuffy; our tech teams are friendlier and more informal than you might expect.

The base

We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre. And we have everything we need to work flexibly. This role is based either in our London Wall Place office or our Broadlands Campus, Horsham

The team

As the GT third Party Risk Manager you will be responsible for the oversight of the Global Technology supply chain ensuring identification, analysis and management of risks associated with outsourcing and third-party suppliers, vendors, and service providers. This role ensures that all Global Technology suppliers are subjected to appropriate pre-onboarding and ongoing due diligence, are fully compliant with regulatory obligations, policies, procedures and that Global Technology makes effective use of its' incumbent supply chain.

You will also support decision making in the business through strong management information, governance, policies and procedures.

What you’ll do

Managing the existing Vendor due diligence processes, including financial crime, modern slavery, credit, information security, corporate responsibility etc.

Collaborate with key stakeholders to align risk management practices with business goals, and to implement effective risk-based referral and acceptance thresholds in respect of key risk areas such as finance, financial crime, legal, business continuity and information security,

Acting as the SME for regulatory requirements associated with Technology third parties including DORA, FCA and PRA regulations,

Acting as the Global Technology control point to prevent the onboarding of supplier risk through data capture, review and assessment.

Implementing and maintaining systems, controls, oversight and reporting relating to outsourcing, third party services and procurement;

Provide support, advice for Supplier and Service Owners globally, maintaining oversight of supplier reviews, enabling supplier risk reporting capabilities ensuring policy compliance.

Embedding supplier oversight reporting capabilities and continuously improving performance and risk assessment governance and metrics.

Continually monitor the global regulatory landscape to ensure our procedures remain compliant and fit for purpose.

Create and agree initial vendor risk register recording the services and Vendor for transition risk

Support the completion of regular and meaningful criticality assessments with an awareness of changes to risk, nature or scale of services and regulatory, industry and…