Addition
Third Party Management Specialist
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Third Party Management Specialist – Contract
A growing UK financial services business is strengthening its approach to third-party risk, outsourcing and operational resilience. This hands-on contract role will play a key part in improving supplier governance, regulatory compliance and the quality of third-party data ahead of a key 2027 deadline.
Role Overview
- Location: Milton Keynes / Hybrid – once per month onsite
- Package: Outside IR35 | 3-month rolling contract, with delivery aligned to March 2027
- Industry: Banking/Financial Services
What You’ll Be Doing
- Review and maintain the third-party inventory, ensuring supplier information remains accurate and up to date.
- Assess supplier tiering, criticality and materiality, including identifying material outsourcing and ICT arrangements.
- Review contracts against relevant FCA requirements, identifying gaps and prioritising remediation activity.
- Work alongside Legal, Risk, Security and Business Owners to drive contractual and governance improvements.
- Configure workflows and populate records within the third-party management platform, ensuring data is complete and consistent.
- Develop practical exit and substitutability assessments for critical suppliers, considering dependencies and concentration risks.
- Support Business Owners through onboarding, renewals, due diligence and ongoing third-party lifecycle activity.
- Help ensure third-party assessments, approvals and supporting documentation are completed to the required standard.
- Keep delivery focused on achieving the required outcomes ahead of the March 2027 regulatory deadline.
- Produce clear documentation, process information and a thorough handover for the permanent team.
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Main Skills Needed
- Proven third-party risk or outsourcing experience within UK financial services, including banking, payments, e-money or building societies.
- Strong hands-on experience completing supplier assessments, risk reviews, contract analysis and maintaining third-party registers.
- Practical knowledge of FCA SS2/21 and SYSC 8 and how these requirements apply to third-party arrangements.
- Experience with supplier tiering, materiality assessments and contract remediation.
- Hands-on experience using a third-party management platform; Gatekeeper experience is highly desirable.
- Strong understanding of third-party lifecycle management, outsourcing risk, operational resilience and supplier governance.
- Confident working directly with Legal, Risk, Security and senior Business stakeholders.
- Comfortable taking ownership of delivery and getting into the detail rather than operating purely at programme level.
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What’s in It for You
- Outside IR35 contract with a 3-month rolling arrangement.
- Hybrid working with just one day per month onsite in Milton Keynes.
- A genuinely hands-on role where your work will directly improve third-party governance and regulatory readiness.
- Exposure to a broad range of stakeholders across Legal, Risk, Security and the wider business.
- The chance to make a tangible contribution within a growing UK financial services environment.
- A clear focus on delivery, with the opportunity to leave behind improved processes, records and knowledge for the permanent team.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
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