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Apply NowThird-Party Risk Management (TPRM) is a relatively new field within CMC, we are forming a new team within Procurement dedicated to comprehensively understanding and mitigating the risks posed by our suppliers.
As a Risk Analyst, you will be at the forefront of this initiative, collaborating closely with key stakeholders across the organization to embed a robust assurance and governance framework.
This role offers a unique opportunity to help shape the future of TPRM within our company, ensuring compliance with regulatory standards and internal policies while fostering a culture of risk awareness and mitigation on a global scale.
Conduct thorough assessments of potential and existing third-party vendors to identify and evaluate associated risks.
Monitor the activities and performance of third parties to ensure ongoing compliance, escalating risk issues as necessary.
Responsible for the implementation and embedding of the Third-Party Risk Management Framework
Management of the Third-Party Risk Database
Delivery of targeted training and awareness to support the adherence to requirements.
Establish a mechanism for identifying fourth- and fifth-party suppliers and capture them centrally.
Ensure accuracy and completeness of third-party information in the due diligence database.
Stay current with regulatory changes to enhance the third-party risk and due diligence program.
Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training.
When dealing with all customers, clients or colleagues ensure that we provide a clear, fair and consistent high-quality service that presents a professional and positive image of CMC Markets;
Take all reasonable steps to ensure appropriate confidentiality.
Undertake such other duties, training and/or hours of work as may be reasonably required, and which are consistent with the general level of responsibility of this role.
KEY SKILLS AND EXPERIENCE
Essential:
Experience of third-party risk oversight
Ability to document and track risks using standardised and consistent methodologies.
Knowledge of Procurement and Supplier Management
Able to build strong relationships and credibility with stakeholders outside of own team.
Excellent attention to detail
Pragmatic and flexible approach
Desirable:
Experience in Financial Services
Knowledge and experience of operational resilience and other global regulatory requirements e.g. EBA Guidelines on Outsourcing, SS2/21, PS21/3, DORA etc.
Performing 3rd party risk assessments, review of external control and audit reports
Experience of OneTrust Vendor Risk Management Platform