Overview
We are seeking a skilled Third Party Risk & Outsourcing Governance Lead to join a prominent international insurer on a contract basis for 6 to 9 months. This role focuses on enhancing outsourcing governance frameworks, improving third-party oversight capabilities, and supporting the evolution of AI governance within the organization. The successful candidate will collaborate closely with senior stakeholders across various departments, ensuring the organization meets its regulatory and operational resilience objectives.
Responsibilities
- Lead and enhance outsourcing governance frameworks, ensuring alignment with regulatory requirements.
- Establish monitoring processes for outsourcing arrangements and AI-enabled third-party services.
- Coordinate supplier reviews, risk assessments, and compliance activities.
- Support business continuity and third-party risk management initiatives.
- Drive the development of AI governance workflows and approvals.
- Produce management information and reporting for executive stakeholders.
- Provide challenge to business owners to identify and address risks.
- Contribute to continuous improvement initiatives for governance processes.
Requirements
- Significant experience in third-party risk management and outsourcing governance within financial services.
- Strong knowledge of regulatory frameworks including PRA outsourcing requirements and DORA.
- Experience in assessing AI-enabled services and technology suppliers.
- Proven capability in operational risk and compliance management.