Third Party Risk Management Expert

at ING
EUR 26,700 per year
MIDDLE
✅ Hybrid
✅ Visa Sponsorship

SCRAPED

Used Tools & Technologies

Not specified

Required Skills & Competences ?

Communication @ 3 GDPR @ 3 Project Management @ 3 Reporting @ 3 Due Diligence @ 3 Compliance @ 3

Details

The regulatory landscape in the financial industry is changing rapidly and maintaining corporate compliance is a challenge. You will work in the central Third Party Risk Management (TPRM) function to support contract owners in becoming and remaining compliant with third‑party (TP) contracts throughout the entire contract lifecycle. The TPRM function is being set up and supported by new internal tooling and will orchestrate functional groups such as Legal, CISO, Procurement, NFR and local teams. The role sits in the 1st Line of Defense and you will work in a small local team while functionally reporting to the TPRM Process owner in Amsterdam.

Responsibilities

  • Support TPRM process development: design and develop procedures and guidelines for third‑party risk identification, assessment, due diligence, ongoing monitoring and remediation. Interact with group specialists, ORM, auditors and authorities. Help manage and maintain the TPRM backlog and stakeholders.
  • Framework implementation: support implementation of the TPRM framework across the organisation, ensuring alignment with industry best practices, regulatory guidelines and internal risk policies. Collaborate with procurement, legal, compliance, IT and other cross‑functional teams.
  • Risk assessment and due diligence: support (re)design and continuous development of risk assessment processes to evaluate financial, operational, reputational and compliance risks. Develop and implement due diligence procedures for third‑party vendors and service providers.
  • Ongoing monitoring and reporting: design and implement monitoring processes to continuously assess third‑party risks. Establish regular reporting to management and stakeholders on exposures, mitigation efforts and compliance.
  • Stakeholder engagement: collaborate with senior management, business lines and risk functions to promote TPRM awareness, provide guidance and training, and foster a culture of risk awareness and accountability.
  • Regulatory compliance: stay up to date with laws, regulations and industry guidelines relevant to third‑party risk management (examples cited: EBA, DORA, GDPR, OCIR) and ensure TPRM practices meet regulatory expectations.
  • Support enhancements of the TPRM target system across countries and assist countries already live with the system, ensuring the TPRM function is perceived as an expert partner.
  • Community management: drive and support building an active international TPRM community.

Requirements

  • Minimum 2+ years of experience in contract management in the financial sector.
  • Solid knowledge of the regulatory environment and third‑party risk management (TPRM).
  • Strong organisation, structuring and prioritisation skills.
  • Project management skills and ability to link multiple SME areas to meet objectives and deadlines.
  • Ability to balance high‑level and detailed views, understand dependencies and related processes.
  • Strategic, pragmatic problem solving and curiosity to challenge the status quo.
  • Excellent communication skills and ability to explain business rationale at all seniority levels.
  • Experience in process design and optimisation; knowledge of procurement compliance is an advantage.
  • Language: English – Advanced (C1).
  • Educational background: secondary with school‑leaving examination, higher professional education, bachelor or master degree (recommended specialisations: Economics, Law).
  • Key personal skills: stakeholder management and influence, critical thinking with decisiveness, proactive hands‑on attitude, risk awareness, client focus, strong work ethic and ability to ‘get things done’.

Benefits

  • Minimum gross wage: 2,227 EUR/month (basic wage component). Final salary will be discussed and negotiated, not below the stated minimum.
  • Flexible working hours and option to work from home.
  • Daily working time: 7 hrs 45 min (instead of standard 8 hrs).
  • Daily refreshments (coffee, fruits, drinks).
  • Fully equipped gym (24/7), game room, modern coffee corner and terrace with grill spot.
  • Sick leave compensation up to 80% of monthly salary.
  • Life insurance contribution (up to 22.14 EUR/month).
  • 3rd pillar contribution up to 3% of monthly salary.
  • 24/7 external mental health support.
  • Learning opportunities (internal and external programs).
  • Extra 3 personal days per year and up to 10 extra vacation days per year.
  • Referral bonuses, childbirth/adoption bonus, work anniversary awards and other perks.
  • Yearly performance bonus, cafeteria points (50 EUR/month), home office contribution (20 EUR/month), discounts, welcome package, pet‑friendly office.