Third Party Risk Analyst
NatWest GroupJob Description
Third Party Risk Analyst
Join us as a Third-Party Risk Analyst
- You’ll develop and deliver Third-Party Risk Management (TPRM) and supply chain solutions that create a competitive advantage, enhance the customer experience and aligns with the bank’s cost and risk appetite expectations
- You’ll also support and implement joined-up, global TPRM and supply chain solutions and processes across the bank in line with the Framework and Risk Standard to effectively identify and remediate EO risks
- This is a great opportunity to build strong networks across the industry and with external organisations, including competitors, while developing insights and analysis that can be brought back into the bank and applied in practice
- We're offering this role at senior analyst level
What you’ll do
We’ll look to you to deliver proactive plans that support the efficient and effective delivery of TPRM processes, in line with our objectives, KPIS and customer requirements. You’ll help identify and support the development and simplification of processes and procedures enhance our proposition, aligned to the Framework and relevant legal or regulatory requirements, enabling the franchise and functions to better manage their risk.
In this role, you’ll drive the creation of a seamless, end‑to‑end supplier journey across Supply Chain and TPRM, simplifying processes for suppliers, internal stakeholders, and colleagues. You’ll do this while building and maintaining strong relationships across TPRM, franchise and functions, the three lines of defence and Supply Chain. You’ll be recognised for delivering a consistently high standard of service to both internal and external stakeholders.
Your work will focus on:
- Delivering proactive plans to support efficient delivery and management of risk and supply chain processes, aligned to customer needs, Service Level Agreements (SLAs) and required quality standards
- Negotiating regulatory-driven contractual change with suppliers, undertaking contract and financial signing authority in line with published delegated levels of authority and regional variations
- Supporting effective reporting for franchise, functions, and accountable executives to identify, manage and remediate EO risks, alongside maintaining accurate documentation and securing data integrity
- Conduct supplier due diligence, including financial analysis and risk‑based recommendations, and supporting supplier scorecards and milestone creation to evaluate performance against SLA commitments.
- Managing queries where applicable, achieving strong Voice of the Customer feedback and adhering to SLAS, making sure helpdesk support is provided to internal customers and SLA targets are constantly
- Building strong cross‑functional relationships, including Workplace Services, Accounts Payable, Supply Chain, to reduce friction and improve efficiency
The skills you'll need
We’re on the lookout for someone with excellent stakeholder management skills, experience of collaborating and influencing others, and an understanding of the latest industry TPRM and functional developments and trends. You’ll be comfortable working on your own initiative while also being an effective team player, with the ability to encourage collaboration and contribute positively to shared objectives.
You’ll bring over four years’ experience in TPRM, giving you a good understanding of the supply chain lifecycle and TPRM systems. A proven track record in vendor management, including onboarding, due diligence and maintenance, are also essential.
You'll also need:
- A proven track record of taking ownership in resolving issues with third parties
- Experience or an understanding of legal and contract law relevant to supply chain
- Proven attention to detail, with a curious and analytical approach to problem solving
- Strong written and verbal communication skills
- Experience supporting assurance reviews and supplier performance management
- Experience contributing to simplification initiatives, including exposure to automation or AI
Hours
45Job Posting Closing Date:
11/05/2026Experience Level
Senior LevelJob role
Job requirements
About company
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