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Third Party Risk Specialist

AT Vanguard
Vanguard

Third Party Risk Specialist

London, United Kingdom

Provides intermediate level risk evaluation of third party vendors and external parties based on the Vanguard's operational and strategic risk methodologies and framework. Supports the review of third party risk operations, assesses compliance with third party risk policies and framework, and provides support and training to business partners.

Third Party Risk Specialist

Provides intermediate level risk evaluation of third party vendors and external parties based on the Vanguard's operational and strategic risk methodologies and framework. Supports the review of third party risk operations, assesses compliance with third party risk policies and framework, and provides support and training to business partners.

Core Responsibilities

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1. Supports the maintenance of operational risk methodology to evaluate and monitor third party risks, sharing of best practices and benchmarking analysis. Maintains a library of third-party risk management policies, standards and procedures. Supports regular review of third-party risk technologies, including Service Now and PowerApps, and suggests improvements.

2. Acts as initial point of contact for internal clients and coordinates with internal stakeholders on third party risk initiatives. Supports oversight of internal partners to ensure adherence to third party risk policies. Attends local third-party oversight business unit forums, provides advice and training on current and emerging third party requirements.

3. The coordination of supplier risk assessments for the European business, partnering with local & global risk teams. Providing appropriate challenge to the business and suppliers on risk assessments information. Reports findings to other stakeholders as needed. Supports identification of risks and issues along with providing potential solutions and processes to mitigate risk.

4. Supports the monitoring of third-party risk metrics / local supplier registers and reports on results to internal stakeholders.

5. Under guidance of senior risk analysts, collaborates with other teams to inform and escalate risk issues and events and stay current with the risk management frameworks and local regulatory guidelines. Including the European Banking Authority outsourcing guidelines and Digital Operational Resilience Act.

6. Participates in special projects and performs other duties as assigned. (E.g. the coordinating controls reports, participating in internal compliance / audit reviews, risk champion)

Qualifications

  • Minimum of three years related work experience.
  • Undergraduate degree or equivalent combination of training and experience.

What it takes:

  • Have a good understanding of the Vanguard business
  • Excellent stakeholder management and interpersonal skills will be key as this role will face off to a variety of stakeholders across the business.
  • Good project management skills
  • Willingness to learn new skills

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

Client-provided location(s): London, UK; Dublin, Ireland
Job ID: Vanguard-165698
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • FSA
    • HSA
    • Health Reimbursement Account
    • Fitness Subsidies
    • On-Site Gym
    • HSA With Employer Contribution
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Mental Health Benefits
    • Virtual Fitness Classes
    • Pet Insurance
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Company Outings
    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Some Meals Provided
    • On-Site Cafeteria
  • Vacation and Time Off

    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Volunteer Time Off
    • Leave of Absence
  • Financial and Retirement

    • Relocation Assistance
    • Performance Bonus
    • 401(K) With Company Matching
    • 401(K)
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Tuition Reimbursement
    • Internship Program
    • Lunch and Learns
    • Leadership Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at Vanguard.