Risk Business Partner - Third Party Risk Management

Role Description The objective of the Second Line Risk team is to deliver, coordinate and continuously develop an effective Risk Management Framework that provides the tools to enable FNZ to identify, assess, control and monitor risk; and through that framework manage risk within the appetite of the business, our clients, and regulators. The Risk Business Partner brings both experience and knowledge of operational risk management tools and frameworks demonstrated through practical experience and achievements in similar roles. This Second Line risk role will support the implementation and maintenance of the Risk Management Framework to support FNZ’s business plan and the regulatory environment it operates in. This includes provision of oversight of the application of risk management policies and procedures and working with the business to facilitate the understanding and embedding of these within FNZ. Key Responsibilities: The duties and responsibilities of this Second Line Risk role will include the following: Third-Party Risk Oversight Provide independent Second Line oversight of the firm's Third-Party Risk Management framework. Review and challenge supplier risk assessments, due diligence activities and ongoing monitoring arrangements. Ensure appropriate oversight of critical, material and outsourced service providers. Assess third-party risks including: Operational Risk Information Security Risk Cyber Risk Data Privacy Risk Financial Crime Risk Conduct Risk Business Continuity and Operational Resilience Risk Concentration Risk Geographic and Country Risk Monitor supplier risk profiles and ensure emerging risks are escalated appropriately. Challenge risk acceptances and remediation plans where control weaknesses are identified. Support oversight of supplier incidents, service failures and operational resilience events. Governance & Reporting Prepare risk reporting for management, Executive committees and Board forums. Representing Second Line Risk at appropriate FNZ governance committees. Provide management information and key risk metrics relating to third-party risks. Ensure material supplier risks, issues and trends are clearly communicated to senior stakeholders. Support preparation of regulatory submissions and responses relating to outsourcing and supplier management where required. Risk Framework & Assurance Maintain and continuously improve Third-Party Risk Management policies, standards and procedures. Provide independent review and challenge