Third Party Risk Manager

Third Party Risk Manager – Travelers Careers

• Responsible for embedding Third-Party Risk Management policies and procedures into the business and support embedding of Operational Resilience (and DORA) policies
• Review and update policy and procedure documents.
• Work in partnership with relevant departments (e.g. IT, Procurement, Business Continuity, Underwriting, Delegated Authority, Claims) to develop and ensure a consistent approach is applied in line with policy.
• Work closely with business owners to ensure completion of due diligence and risk assessment of third-party vendors and partners.
• Work closely with business owners to ensure effective and robust resilience and third-party risk management controls are in place and translate performance measures such as KPIs and SLAs into meaning reporting
• Lead the collation of and assessing of the performance of vendors and challenging performance metrics
• Liaise with Legal team to ensure contract updates have been executed
• Own maintenance of third-party register to meet UK, Ireland and DORA requirements and liaising with stakeholders to remediate any incomplete information
• Work with the business to ensure DORA is appropriately embedded in TPRM arrangements
• Own maintenance of exit plans, including working with business owners to complete and document
• Act as key point of contact for Business Owners seeking support on third-party risk activities
• Stay abreast of current and emerging regulations affecting third-party risk management and operational resilience.
• Work with Operational Resilience Lead to ensure alignment of key activities, such as scenario testing, accuracy of Important Business Service (IBS) mapping and oversight of third parties supporting IBS.
• Develop and deliver and required training to the business

• Strong analytical and problem-solving skills
• Report-writing and presentation skills
• Experience in providing training to stakeholders

• Private Medical Insurance
• Retirement
• Holiday Entitlement
• Wellness Programme
• Volunteer Encouragement

Taking care of our customers, our communities and each other. That’s the Travelers Promise.