Third Party Management Specialist
15 hours ago
Job Summary:
- Collaborate with Business Banking teams in identifying, acquiring, and onboarding new suppliers and distribution partners to ensure procurement compliance with internal policies, processes, and frameworks.
- Develop and execute annual calendars of third-party management activities, encompassing contract updates, risk assessments, due diligence activities, and governance procedures.
Job Description:
This Third Party Management Specialist role is situated within the Business Banking function covering a wide range of products. The position supports Business Banking in maintaining adherence to business standards and risk parameters concerning the onboarding and ongoing management of third parties – Suppliers and Distribution Partners.
You will support Business Banking across due diligence and ongoing monitoring of third parties to ensure compliance with local and global obligations around procurement, third-party management, business continuity, AML, and sales and distribution.
You will oversee, monitor, and govern contractual requirements, service levels, and value generated by third parties. You will also support Business owners across the lifecycle of third-party management, working in partnership with Procurement, Compliance, Legal, Technology, and Third-Party Risk experts to ensure effective, efficient, and compliant third-party interactions supporting business growth.
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