TransUnion's Job Applicant Privacy Notice
What We'll Bring:
The Third Party Risk Management Analyst is responsible for supporting the Third Party Risk Management Lead in building and operating the Third Party Risk Management programme for TransUnion UK.The post holder will provide in-depth analysis of Third Party data and reports, identifying patterns and trends as well as opportunities for improvement to inform decision making as well as collate and maintain all records, documents and data pertaining to Third Party's and Third Party Risk Management activities.
What You'll Bring:
Core Accountabilities / Responsibilities:
- Create, maintain and distribute reports for internal and external stakeholders.
- Collaborate with cross functional peers to develop and improve data and reporting.
- Analyse Third Party performance through MI, any key concerns or issues are highlighted and escalated accordingly to the Third Party Risk Management Lead.
- Provide regular insight on Third Party/partner performance to Third Party Risk Management Lead .
- Provide support and guidance to business owners on the Third Party Risk Management process and requirements, ensuring stakeholders are aware of their responsibilities and carry out their duties effectively.
- Liaise with Third Partys and stakeholders to arrange regular review meetings (attending as required) and maintain any resultant action plans defined by relationship owners, risk, and issue logs to improve any shortfalls in performance.
- Ensuring the Third Party Inventory is maintained, including adding new Third Parties to the inventory and working with Procurement-focused colleagues to gather an appropriate level of information as part of the onboarding process.
- Ensure Third Party governance and risk documentation is maintained, up to date and reviewed regularly as per requirements to the highest standards (i.e. Tiering, Meeting Minutes, Exit Plans, Risk Registers etc.)
- Create and maintain performance scorecards on Third Partys using data provided by relationship owners.
- Manage and escalate when appropriate any compliance matters or issues arising from 3rd party Third Partys.
- Assess and monitor key Third Partys’ supply chain and subcontracting risks, ensuring a full subcontracting list is maintained and refreshed regularly for our key Third Partys.
- Work with business stakeholders in remediating any audit actions and ensure clear remediation evidence is provided.
- Work with stakeholders & Third Party Risk Management Lead to improve any shortfalls in adherence to the Third Party Risk Management policy & minimum standards, escalating where required.
- Work with Third Partys, stakeholders and Third Party Risk Management Lead to further enhance process.
- Ensure robust action plans in place and actions followed up with stakeholders and Third Partys where deviation in performance from a conduct, risk or compliance perspective.
- Provide Third Party insights to the Procurement team to inform sourcing/renewal decisions.
- Create and maintain business toolkit ie. policy, process, templates, guides
Impact You'll Make:
Required Skills / Qualifications / Experience:
Essential
- 3 - 5 yrs previous experience and proficient as an analyst.
- Experience in Third Party Risk Management, Supplier Management or Risk Management.
- An excellent communicator, with ability to develop and manage relationships.
- Well organised, able to prioritise workload in line with tight reporting deadlines.
- Demonstrates flexibility and a ‘can do’ attitude to successfully overcome barriers and an innovative approach to problem solving.
- A relevant qualification and/or relevant commercial experience and expertise.
- A minimum of 4 grade A to C GCSE’s including Maths & English or equivalent.
- Microsoft Office i.e. SharePoint, Word, Excel and PowerPoint.
Desirable:
- Worked in Financial services or similar regulated industry including FCA, EBA and PRA.
- Knowledge of Analytics Software i.e. Power BI
For positions based in South Africa, preference will be given to suitably qualified candidates from designated groups in line with the company's Employment Equity plan and targets.
Should you have not heard from us within 3 weeks from applying, please regard your application as unsuccessful.
Please note it is a requirement of the Global Capability Centre Africa that you reside in a home that is fibre ready; and has space for you to be able to work comfortably and confidentially on a day-to-day basis for the purpose of your proposed employment. You can be based anywhere in South Africa that has fibre, but will not be able to work in a location outside of South Africa.
A Minimum of a 100 Meg Fibre line is required, should you be successful, you will need to upgrade your line or install fibre in order to work effectively.
Please note that being a credit bureau, some positions require a clear credit record.
#LI-Remote
This is a remote position which may require occasional in-person attendance at work-related events at the discretion of management.TransUnion Job Title
Sr Analyst, Procurement