Third Party Risk Analyst

5w1 month ago

Pacific Life Re

London, GB · Full-time · £45,000 – £65,000

About this role

We are currently seeking a Third Party Risk Analyst to join our Global Procurement Solutions Team (GPS) in London. This role supports the migration and validation of the organisation’s third-party inventory into a comprehensive, enterprise-wide risk management system. It targets motivated junior professionals with experience in risk management, procurement, or related disciplines.

The Analyst will engage stakeholders to update records, document arrangement types, and enter data into the system while obtaining approvals. Ongoing duties include assisting the Third Party Risk Manager with risk assessments, tracking remediation actions, due diligence, and record maintenance. This ensures a structured framework for managing third-party risks.

This global role provides support to Pacific Life Re offices across Australia, Singapore, Bermuda, the United Kingdom, Canada, and more. The GPS function aligns with enterprise standards from Newport Beach, California headquarters. It involves cross-functional liaison with Sourcing, Legal, Information Security, Data Privacy, and Business Continuity teams.

The position offers exceptional exposure to enterprise risk frameworks and international regulatory requirements. It enables foundational expertise in third-party risk management through project work and ongoing support. This is an outstanding opportunity within a global organisation focused on scalable processes.

Requirements

Early-career professional with 1+ years in Risk Management, Procurement, Business Analysis, Contract Management, Change Management, or related disciplines
Strong analytical and critical thinking abilities with a keen eye for detail
Clear and effective communication skills with developing stakeholder management capability
Developing understanding of Procurement processes and Third Party Risk Management

Responsibilities

Engage with business stakeholders to confirm and update third-party records and capture metadata
Document arrangement types for each third party referencing relevant contracts
Enter validated third-party data and details into the risk management system
Obtain formal approval from business owners for submitted data with progress updates
Escalate material risks or issues to the Third-Party Risk Manager
Conduct risk assessments of third-party vendors, suppliers, and partners
Maintain accurate records and data integrity within the risk management system
Liaise with internal teams to support onboarding and monitoring of third parties