Third Party Coordinator

Job Description

The Company:

Our client is one of Ireland's leading retail and SME banks. Their focus is centred on ensuring we deliver what our customers, colleagues and communities need to be successful.

Your Role:

To deliver for their customers, they collaborate with a range of third-party providers to grow the innovative range of products and services they offer, as one of Ireland's leading Retail and SME Banks.

At this bank, they work hard every day to build trust with our customers, and in doing so have a responsibility to ensure that those third-parties they work with meet the security, privacy, and performance standards they expect to protect their customer, colleague, and community interests.

They are excited to establish a central team that will own the enterprise-wide framework for third-party management, define and drive best practice supplier relationship management, and implement risk management practices across the full third-party lifecycle.

Enabling their Supplier Relationship Managers across the business to effectively manage third-party collaborations and their potential exposure to risk, you will play a key role in the success of our business.

Reporting to the Manager, Third Party Management (TPM), you will hold accountabilities across our risk assessment processes and enterprise-wide risk reporting activities to drive insights and decision-making that get the best outcomes from their third-party relationships. You will work with guidance but have a large degree of autonomy and accountability to fulfil your responsibilities on time and to a high-quality standard as an independent contributor to the team.

Your Responsibilities:

Functional Strategy & Delivery

• Manage and maintain the Third-Party Risk Register
• Consult with the TPM Specialist to update the register according to attestations from Business Owners
• Run FSQS reports, manage distribution to appropriate audiences on Connect
• Maintain the TPM applications (Hellios) including ad hoc support of superusers
• Co-ordinate and support the TPM Risk Assessment Processes
• Conduct Service Assessments to determine supplier tiering and treatment strategy
• Analysis, reporting and provision of management information (MI) relating to third parties and third-party risk
• Prepare and consolidate monthly reports on the TPM Risk Assessment Process for the TPM Committee
• Facilitation of periodic information gathering activities related to Third Parties to respond to requests for information from regulatory bodies, internal and external
• Conduct & coordinate the TPM Committee submissions according to defined deadlines, includes consolidation of reporting, pack preparation, agenda management, attendance and spotlight co-ordination
• Prepare TPMC onward submissions to GRC and ExCo level as required

Lead an Inspiring Culture

• Champion the standards and practices required for high quality third-party management, supporting associated reviews, capturing lessons learned and embedding a culture of continuous improvement.
• Continuously seek out opportunities to develop your knowledge across the supplier lifecycle to role model a consistent, streamlined approach to TPRM and SRM across the group.

Stakeholder Engagement

• Build working relationships with peers internally in the TPM function to understand the TPM landscape and Business Owner experience
• Proactively build working relationships with TPM Committee members (and their delegates) to drive momentum towards high quality committee meetings

Risk Management

• Conduct rigorous TPM risk assessments, maintaining a strong risk mind-set and objectivity
• Reinforce the TPM strategic priorities in driving high quality governance and oversight enterprise wide.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities

Requirements:

Essential:

• Experience of Risk Management, Risk Assessment, Compliance, or similar function, ideally in financial services and/or a third party management setting
• Effective communicator, verbally and written
• Proven time-management and organisation skills
• Strong attention to detail and analytical thinking
• Ability to multi-task, prioritise and maintain focus on driving towards a positive outcome
• Highly skilled in Microsoft Suite, including but not limited to PowerPoint, Excel, SharePoint, Teams

Desired:

• An applicable NFQ Level 6/7/8 degree or professional qualification which relates to the role (risk, compliance, business)
• Experience in data analysis, insights, or advanced reporting

Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.

BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.