Third Party Risk Officer - Financial Services - Non IT Risk

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

AMS is a global workforce solutions partner committed to creating inclusive, dynamic, and future-ready workplaces. We help organisations adapt, grow, and thrive in an ever-evolving world by building, shaping, and optimising diverse talent strategies.

We partner with M&G to support their contingent recruitment processes. Acting as an extension of their recruitment teams, we connect them with skilled interim and temporary professionals, fostering workplaces where everyone can contribute and succeed.

On behalf of M&G, AMS are looking for a Third Party Risk Officer - Financial Services based in London, please note this is a hybrid working model.

We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

Job Description - The Role

The Third Party Risk Officer role is part of a newly established team in Finance, where you will play a pivotal role in developing and implementing the overall framework for Third Party Risk Management & Outsourcing (TPRMO) within the Finance function at M&G. This is an exciting opportunity for an enthusiastic individual with a risk-focused mindset to deliver tangible results in a key area of our risk and control framework. The individual will support the delivery of the TPRMO programme by conducting risk assessments, monitoring third-party relationships, and ensuring compliance with internal and external standards.

Key Accountabilities ; What you'll do:

• Risk Assessment: Provide support and assist in completing due diligence and ongoing monitoring of third-party vendors across the function, including financial stability and security practices. Review existing arrangements, analyse and assess against best practice guidelines and help drive coordination and delivery of proposed enhancements.
• Compliance Monitoring: Ensure adherence to Third Party Risk Management & Outsourcing Policy and Standards and regulatory requirements throughout the vendor lifecycle, maintaining a strong understanding of the policy, including practical application within the Finance function, annual compliance reviews and associated reporting into second-line risk forums.
• Oversight Controls: Deliver and maintain oversight controls, including: exit plan reviews, service inventory reviews, SOC report reviews, ongoing performance and service reviews.
• Reporting: Maintain accurate records of risk assessments, assist in tracking of key metrics in the Finance function Supplier Risk Management process, including developing appropriate dashboards for reporting to senior stakeholders and relevant governance forums.
• Collaboration: Work closely with key business areas including procurement, legal, compliance, and information security teams to mitigate risks.
• Ongoing Monitoring and Incident Support: Monitor and analyse supplier performance trends, escalating recurring issues and supporting deep dives where needed, and assist in managing third-party incidents and remediation activities. Represent Finance in in relevant Third Party Risk governance forums and committees, providing updates and insights as required.
• Training and Guidance: Provide training and guidance to Finance teams as required to support ongoing compliance with the TPRMO Policy.

The skills you'll need:

• Experience in Third Party Risk Management and vendor governance, ideally within Financial Services.
• Technical Skills: Knowledge of TPRMO frameworks, risk assessment methodologies, and regulatory expectations.
• Soft Skills: Analytical thinking, attention to detail, and strong communication skills for cross-functional collaboration to build effective relationships across internal and external contacts.
• Clear and confident communication skills, with the ability to articulate complex issues to various audiences.

Next Steps

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career