Hanson Lee
Third Party Risk & Outsourcing Governance Lead
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Third Party Risk & Outsourcing Governance Lead
Contract (outside IR35) | Global Insurer | London / Hybrid
A leading global insurer is seeking an experienced Third Party Risk & Outsourcing Governance Lead to strengthen its approach to outsourcing, third-party risk, operational resilience, and AI-enabled supplier arrangements.
Role Overview
Reporting to the COO, UK & Ireland, you will provide governance, oversight, and constructive challenge across the third-party landscape, ensuring arrangements are compliant, well-controlled, and audit-ready.
Key Responsibilities
- Lead the UK & Ireland outsourcing and third-party governance framework, policies, and procedures.
- Oversee the outsourcing and third-party inventory, classifications, approvals, reviews, and evidence.
- Coordinate supplier risk assessments, monitoring, service reviews, attestations, and remediation.
- Challenge business owners and suppliers on performance, risk, resilience, security, and governance.
- Support compliance with PRA, FCA, DORA, Central Bank of Ireland, and Group requirements.
- Coordinate regulatory, audit, and assurance activity.
- Partner with Risk, Compliance, Information Security, and Operational Resilience teams on third-party and operational resilience risks.
- Oversee governance of AI use cases and AI-enabled suppliers, including risk assessments and controls.
- Produce executive-level MI, dashboards, and committee reporting.
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About You
- Significant experience in third-party risk, outsourcing, supplier management, operational risk, technology risk, or compliance, ideally within financial services.
- Strong knowledge of PRA SS2/21, DORA, and UK & Ireland outsourcing requirements.
- Experience in supplier due diligence, risk assessment, and ongoing oversight.
- Experience with AI-enabled third-party services and associated data, privacy, cyber, regulatory, and exit risks.
- Strong governance, reporting, stakeholder management, and influencing skills.
- Highly organized, pragmatic, and confident providing constructive challenge.
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Key Deliverables
- Strengthen the outsourcing register, governance framework, and monitoring cadence.
- Establish/refresh the AI use-case and AI supplier inventory.
- Improve remediation tracking and executive MI.
- Establish a comprehensive governance calendar.
- Provide recommendations for the longer-term governance, controls, and tooling model.
A high-impact opportunity to shape third-party, outsourcing, and AI governance within a leading global insurer.
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