Third Party Risk Manager

Job Description

Purpose of the role To manage and monitor Third Party risk and performance to meet the requirements of the Barclays Third party Service provider Policy and Standards, through control execution, commercial management, relationship and risk management.

Accountabilities

• Management and execution of the Third Party Service Provider control processes, including oversight of Third Party Service Provider and their performance, monitoring of KPIs to guarantee expectations are met.

• Collaboration with various stakeholder groups to produce deliverables that meet procurement needs, policies and standards, mitigate Third Party Service Provider risks and issues and ensure Third Party Service Provider relationship align to the bank’s needs and business strategy.

• Identification of Third Party Service Providers that will provide the right goods and service through market research, capabilities analysis and contract negotiation.

• Identification of industry trends and developments related to Third Party Service Provider management tools and techniques by attending conferences and participating in training.

• Monitoring of Third Party Service Providers’ control operation to meet Barclays Third party Service provider Management Standards and contractual obligations including quality standards, risk mitigation and commercial activity.

• Collaboration with regulatory teams to support Global regulatory requests/exams/ongoing activity.