Manager TPRM

About Aptia

Founded to shape the future of pensions, health, and insurance solutions, Aptia is a leading professional services firm dedicated to simplifying complexity for businesses and individuals. We bring together cutting-edge technology and deep industry expertise to help organisations navigate an evolving landscape with clarity and confidence.

With a presence in the US, UK, India, and Portugal, we support over six million people and more than 1,100 clients, delivering solutions that drive efficiency, enhance financial security, and provide peace of mind.

Our strength lies in the combination of smart technology and expert teams, ensuring that managing pensions, health, and insurance is more effective. By focusing on innovation, accessibility, and client success, we help businesses take care of their people, so they can focus on what they do best.

And we are expanding. Aptia Group is not only fueled by our investors' backing but also by our commitment to foster the growth and success of our people. At Aptia, we're investing heavily in learning and development, paving unique career paths for our colleagues.

Specialist. Responsive. Thoughtful. Our values aren't just words; they are the backbone of our business. Our team embodies our values daily, to surpass client expectations, evolve constantly and nurture genuine relationships for the long-term.

Job requirements

Job Summary:

We are seeking a highly skilled and experienced Third-Party Risk Manager to manage processes across the UK and US businesses.

The successful candidate will be responsible for managing the risks associated with engaging clients, third-party vendors, suppliers, contractors, and service providers. They will play a key role in ensuring the integrity, security, and compliance of our third-party relationships.

The Third-Party Risk Manager role requires a combination of strong analytical skills, risk management expertise, regulatory knowledge, and effective communication abilities.

Key Responsibilities:

1. Risk Assessment:

o Conducting and responding to comprehensive risk assessments of potential third-party vendors before engaging them.

o This involves evaluating factors such as financial stability, regulatory compliance, security protocols, and overall reputation.

2. Contract Review:

o Collaborating with the US and UK legal teams to review and negotiate contracts with third-party vendors, ensuring that they include adequate provisions for risk mitigation, compliance, data security, and performance standards.

3. Monitoring & Oversight:

o Implementing processes and systems to continuously monitor third-party vendors throughout the duration of their engagement.

o This includes tracking performance metrics, compliance with contractual obligations, and any changes in their risk profile.

4. Risk Mitigation Strategies:

o Developing and implementing strategies to mitigate identified risks associated with third-party relationships.

o This may involve implementing additional security measures, diversifying vendor portfolios, or establishing contingency plans.

5. Regulatory Compliance:

o Ensuring that all third-party relationships comply with relevant laws, regulations, and industry standards, such as GDPR, HIPAA, or PCI DSS.

o Staying abreast of regulatory developments and updating processes accordingly.

6. Communication & Reporting:

o Regularly communicating with internal stakeholders, including senior management and board members, regarding the status of third-party relationships and associated risks.

o Providing comprehensive reports and recommendations for decision-making.

7. Incident Response:

o Coordinating responses to any incidents or breaches involving third-party vendors, including conducting investigations, assessing the impact, and implementing corrective actions to prevent recurrence.

8. Vendor Relationship Management:

o Building and maintaining strong relationships with clients and third-party vendors based on transparency, communication, and mutual trust.

o This includes conducting regular meetings, performance reviews, and addressing any concerns or issues promptly.

Qualifications & Skills:

o Bachelor’s degree in business, finance information technology, or a related field. Master's degree or relevant certifications (e.g., CRISC, CTPRP, CTPRA) preferred.

o Proven experience in third-party risk management, vendor management, or a related field, preferably in a regulated industry.

o Strong understanding of risk management principles, regulatory requirements, and industry best practices related to third-party relationships.

o Excellent analytical, problem-solving, and decision-making skills, with the ability to assess and prioritize risks effectively.

o Exceptional communication and interpersonal skills, with the ability to collaborate cross-functionally and influence stakeholders at all levels of the organization.

o Proficency in using risk management tools and technologies, as well as Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

How to apply

If you are interested in this role, then we’d love to hear from you. Please go ahead and click apply and submit your resume with appropriate contact information.

Aptia is committed to creating a diverse, inclusive and equitable work environment. At Aptia, fostering an equitable and inclusive environment for all our people to flourish is a priority. We are an equal opportunity employer and aim to attract and retain the best people without attention to age, background, disability, ethnic origin, family duties, political affiliation, race, religion, gender and sexual orientation.

If there are any reasonable adjustments we can make to the recruitment process to ensure it is accessible to you, we encourage you to reach out to us.