Third Party Risk Manager

Helping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind-the-scenes.  It’s up to us in L&G Group functions – which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Comms to provide the essential support services that all areas of the business need, here in the UK and overseas. Simply put, we enable everyone at Legal & General to do what they do best. That means we’re helping to improve our customers’ lives, and contributing to the success of the business every day.

Your role at a glance

Due to exciting transformation, we are pleased to announce an opportunity for collaborative, inclusive, and engaging individual, with extensive Third-Party Risk experience gained from a supplier/vendor management to join our Procurement & Supplier Management (GPSM) team as a Third-Party Risk Manager.

In this exciting role you’ll work in a team that’s responsible for maintaining TPRM principles, policies and standards ensuring that the third-party service providers are vetted, monitored regularly, and managed to mitigate risks that could negatively impact Legal and General.  You’ll be responsible for working across Group Procurement & Supplier Management teams and 2nd Line of Defence Risk Stewards to quickly respond to evolving business needs and facilitate supplier due diligence and ongoing control management activities by collaborating with internal stakeholders and suppliers.

This is an exciting time for the team, and you’ll play a key role in helping us to mature function. You’ll have lots of autonomy and variety with your day-to-day work, giving you a sense of ownership, and the freedom to be curious and bring new ideas to the table.

What you'll be doing

• Support the development and implementation of TPRM policies, procedures, and guidelines in accordance with changing regulatory requirements and business needs working closely with risk stewards across 2nd Line of Defence
• Support the completion of accurate materiality assessments and reporting thereof of potential and existing suppliers of Legal and General and facilitate supplier segmentation
• Perform due diligence of potential and existing suppliers and monitoring compliance against regulatory requirements at periodic intervals
• Ensure documentation and records are maintained in appropriate systems and tools and updated at required intervals
• Support business stakeholders and suppliers to develop risk management plans
• Ensure the quality of TPRM activities are completed in accordance with L&G and regulatory requirements and in line with the company's consumer duty accountability
• Provide guidance to SRM, Procurement and Stakeholders regarding TPRM processes and standards

• Third Party Risk experience gained from a supplier/vendor management, category management, or business development background.
• Record of accomplishment in supporting the development or maintenance of risk policy in relation to suppliers, with appropriate levels of risk management.
• Good understanding of Third-Party Risk Management practices and strategies.
• Knowledge of regulatory framework, ideally in relation to Financial Services.

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings. 

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.