Third Party Risk Manager

We're making banking 10 times better.

Here at 10x Banking we believe banks are slowed down by their own legacy technology and we’re here to change that. Our community brings together banking industry knowledge with market-leading, next gen, cloud native technology required to move banking into the 21st century.

The biggest banks around the globe use our platform to power some of the world’s most innovative financial propositions. And to do this we’re building an engineering team that has the breadth of knowledge and experience we need to push our product forward.

We have headquarters in London and Sydney, but our 10x teams work around the globe with employees in Europe, Australia, Asia, Africa and all over the UK and Ireland.

Join us in our mission to transform banking for customers, banks and society! 

About the role

We’re looking for an experienced Third-Party Risk Manager to join our Supplier Management team to ensure efficient and comprehensive management of supplier risks, while monitoring adherence to broader enterprise and regulatory risk frameworks.

In this diverse and exciting role, you will assist the Operations Director and the Procurement Team in transforming the Third-Party Risk Management (“TPRM”) framework and rolling this out across the organisation & our supply base. You will also form effective relationships across all teams at all levels within the organisation & with vendors as you guide them through the TPRM framework and communicate 10x’s supplier risk exposure.

The right person will have experience in any combination of supplier risk and assurance management, operational risk management and/or Information security risk management, preferably in a regulated, fast paced and dynamic environment.

As 10x’s Supplier Risk Manager...

• You’ll make a significant contribution to the development and enhancement of the third-party risk management framework and associated processes in line with good industry practice.

• You’ll support a broad range of business teams by executing third party risk management due diligence processes (e.g risk assessment, issuing DDQs, reviewing third party due diligence responses and artefacts such as certifications and accreditations, audit reports, policies, etc) to assess control adequacy for maintaining resilience, security and data privacy

• You’ll be the point of contact for all audit related requirement controls, such as SOC2, ISO etc. And our client assessments.

• As a cloud-first business delivering a technology platform, a heavy focus will be on technology and cloud-based service arrangements, but the scope will span other third-party services.

• You’ll also support colleagues by providing specialist third party risk management support into ongoing third-party management activity ranging from service reviews, exit planning & management.

• You’ll support business teams with the identification, remediation and reporting of risk events arising from the use of third parties.

• You’ll create and present high-quality reporting addressing third party risk and control adequacy (e.g due diligence assurance reports, management information for senior management and board-level oversight, etc).

• You’ll also play a key role in evaluating, configuring and implementing a technology solution to meet business objectives for third party risk management.

• It’s an exciting challenge and a varied role since responsibilities will span the entire third-party management lifecycle from onboarding new third parties to managing existing arrangements until renewal or exit.

Requirements

Ideally you will have…

• Proven operational and third-party risk management experience

• Knowledge of financial services regulatory requirements (PRA, EBA, FCA etc.)

• Familiarity with enterprise risk management processes, languages, tools and systems

• Excellent organisational, problem-solving and time management skills

• Clear communication, effective assimilation and analysis of information

• Good understanding of relevant risk standards/models/terms

• Ability to work independently and as a team

• Strong attention to detail

If you also have experience of the following, we’d love to hear from you…

• Experience in a fast moving, dynamic, digital, entrepreneurial businesses

• Demonstrable high levels of integrity and desire to make a positive impact within the business and society

• Proven ability to work under pressure and deliver to tight deadlines

• Planning and organisational skills, with strong attention to detail

• Ability to operate effectively in an agile organisation

Benefits

At 10x Banking, we put our people first – we believe in empowering you to get the job done!

• 25 days of holiday in addition to Bank/Public Holidays (+ 1 day off on your birthday!)
• 4 wellbeing days (1 additional paid day off per quarter, aimed at supporting you to maintain your personal wellbeing)
• Regular social gatherings and affinity groups
• Work from anywhere outside your typical working location – up to 4 weeks a year!

• Career progression and learning pathways
• 1 paid volunteering day a year
• Enhanced parental policies, including time off for fertility treatment
• Sabbatical leave
• Options pool
• Private health insurance, with the option to add your family
• Pension scheme
• Public/Bank holiday swaps

• Enhanced company sick pay
• Life Assurance
• Income Protection
• Subscription to Headspace wellbeing app 
• Flexible benefits via salary sacrifice
  
  

More about 10x

We are driven by the belief that whatever we do as a business has to be done in the right way. Our three core values of: Transformation, Integrity and Impact support this.

Discover what life is like at 10x over on Instagram and find out what the company is up to on LinkedIn.

10x Ways of Working

We recognise that a better work/life balance can improve people’s motivation, performance and overall wellbeing. The Covid-19 pandemic changed a lot of things about the way we work, including the enablement of colleagues working from various locations and delivering high performance through the effective use of remote working technology.

10x is a fully ‘remote enabled’ organisation and supports agile working. The regularity of office working differs from team to team, for this role the office attendance is expected to be 2-3 days per week. As all employees are employed on London-based contracts, commuting costs to the office are covered by employees and not by 10x.

Equal opportunities for all

At 10x we are passionate about our people and are committed to fostering a more diverse and inclusive culture. We are building a community where every 10xer can bring their authentic self to work and feel empowered to reach their full potential. Our many employee networks help amplify this vision.

Alongside assessing technical capabilities to do the role, our assessment process will identify what you can uniquely bring to our 10x teams, and the potential you have to thrive here. Common to every role that 10xers perform, are 3 core competencies that we look for in our future 10xers – Business Impact, Change Driver & Delivery Excellence

We are committed to ensuring all job applicants are treated equally and fairly and encourage applicants of all ethnicities, race, religion, sex, sexual orientation, gender identity, family or parental status, age, neurodiversity or disability status.

Accommodations

We recognize not everyone is the same. In fact, we embrace difference. If you require any form of accommodation during the interview process, please tell us so we can make arrangements to support. Any information that you provide will be recorded and maintained confidentially.