Third Party Management

Job description

SMBC: A trusted partner for the long term Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves. Who we are United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future. Role Summary The Third Party Risk Specialist role will support 1LOD third party risk management project activities across EMEA, with a focus on IT third party arrangements The Third Party Risk Specialist plays a critical role in the success of SMBC EMEA, consisting of 12 entities, 9 branches and 5 rep offices. This role, which sits within 1LOD Third Party Risk Management will support the ongoing risk management of third parties relied upon by all departments across SMBC EMEA and aligns operational delivery to current industry standards and regulatory expectations and ensuring any required change remediation is designed and implemented appropriately. Business Area The remit of the Operations Planning Department (OPPD) spans all of SMBC EMEA (all entities and countries, all business units and supporting functions) and includes the following groups: Transformation & Strategy Planning Group. Responsible for the Transformation Strategy, design of the Target State for SMBC EMEA and prioritisation of the transformation budget. Change Management Group. Responsible for programme and project design and delivery, change methodology and toolset and providing Project Management and Business Analyst resources to staff programmes and projects. Service Management Group. This includes Business Service Management (responsible for the Service Management Methodology and supporting Business Service Owners in their roles overseeing the end-to-end delivery of business services), Business Continuity Management and Corporate Real Estate Services. Third Party Management (TPM). Responsible for the management of third-party providers (both internal and external) and managing 1LOD third party risk. Data Management Group. Responsible for the Data Strategy, design of the Data Architecture and supporting delivery of data solutions. The Third-Party Management team are responsible for Third Party Risk Management and Procurement activities as a 1 Line of defence function (1LOD). Position Description Support monthly third party governance through the preparation and co-ordination of meeting materials and outputs Manage the alignment of third party governance with wider operational governance across SMBC EMEA Partner with legal entities and functions to support local governance committees with regard to third party management Completion of data issues with respect to third party register Design and implementation of third-party controls and reporting Facilitate the transition of change delivery into the ITSD operational teams. Advise in response to regulatory interactions and in the remediation where required of third party related incidents. Perform first line assurance activities. Support the delivery of key third party management projects, including but not limited to input into project planning, impact analysis, option evaluation, design documentation, testing materials, and supporting guidance to enhance current operational delivery. Track new and emerging third-party regulation, determine impact and develop appropriate remediation 2LOD Partnership: Support 2LOD groups in performance or reviews and assurance activities, including tracking of remediation and action points. Competencies Customer Focus Driving Change Driving Results Embraces Diversity Enterprise Leadership Judgement and Decision Making Risk Management Strategic and Visionary Trust and Integrity What we offer For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks. As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you: Hybrid and flexible working Competitive paid leave days Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services Access a wide range of learning and development opportunities and career progression opportunities Ambitious remuneration package So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!! We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.