Risk Compliance Manager
Posted: 2 days ago
Job Description
The Sourcing Risk & Governance team within Group Procurement is responsible for 1st line of defence oversight of Sourcing Risk, including development of the Sourcing Risk Framework, related processes and procedures and governance including the Group Outsourcing & Material Supplier Review Committee (OMSRC).Purpose of the RoleExecutes the supplier due diligence process for critical third parties, coordinating Subject Matter Experts (SME) assessments, validating business responses, overseeing risk remediation, and providing end-to-end support to stakeholders while maintaining strong engagement across the Three Lines of Defence. Key AccountabilitiesExecute the supplier due diligence process to assess and validate third-party risk, ensuring compliance with regulatory standards and internal policies.Manage the end-to-end critical supplier due diligence workflow and coordinates subject matter expert (SME) assessments to evaluate high-risk engagements and ensure robust risk mitigation.Track and escalate due diligence findings, remediation plans, and risk acceptances and maintain accurate and up-to-date records in the Third Party Risk Management (TPRM) system of record.Validate business responses to third-party risk assessments, ensuring accuracy, completeness, and alignment with risk mitigation requirements and control expectations.Oversee the implementation and closure of third-party risk remediation actions, ensuring timely resolution, accountability, and alignment with risk tolerance thresholds.Provide business stakeholders with guidance and support throughout the supplier due diligence process, ensuring accurate inputs, timely responses, and alignment with risk requirements.Collaborate with colleagues across Procurement, 3LoD, Legal, IT Security, and Compliance to ensure a consistent and efficient onboarding process and identify opportunities to automate and streamline due diligence processes using technology and data analytics.What is the opportunityTo work with a highly dynamic team in Third Party Risk Management. This role is critical in ensuring that all third-party engagements have the requisite due diligenceEssential Qualifications3rd level degree in Risk, Business, Law, or a related field.5+ years of experience in third-party risk, procurement, compliance, or operational risk within financial services.Essential Skills & ExperienceStrong understanding of TPRM and supplier due diligence frameworks and regulatory requirements in Ireland and the EU.Extensive experience of leading a team of risk management professionals, including ensuring there are appropriate skills and up to date industry knowledge on the team.Proven record of accomplishment in operating effectively with sourcing risk management, Group Risk oversight teams and Internal Audit.Excellent analytical, communication, stakeholder management and interpersonal skills and the ability to influence and collaborate across all levels of the organisationProven record of accomplishment in operating effectively with sourcing risk management, Group Risk oversight teams and Internal Audit and experience of working with senior executives, building relationships and challenging effectively.Desirable Qualifications, Skills & ExperienceStrong record of accomplishment in the areas of solving problems, delivering quality, achieving results, thinking strategically and managing change.Credibility, gravitas, resilience and independence to influence proposals or challenge decisions which affect Group exposure to sourcing risk.Experience with risk assessment tools and third-party risk platforms (e.g., Archer, ServiceNow, Coupa)
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