Third Party Risk Lead

Google Chrome Microsoft Edge Apple Safari Mozilla Firefox Third Party Risk LeadFull-time Compensation: EUR 3700 - EUR 5200 - monthlyCompany DescriptionWise is a global technology company, building the best way to move and manage the world’s money. Min fees. Max ease. Full speed.Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.As part of our team, you will be helping us create an entirely new network for the world's money. For everyone, everywhere.More about our mission and what we offer.Job DescriptionAbout the Third Party Risk Lead: Note: This role supports the growth and implementation of the IntraGroup Risk Framework by assisting in the review and enhancement of the internal entity lifecycle, including onboarding and offboarding processes from one Wise entity to another. Working closely with Third Party Risk Regional Leads and Country Managers, you will help maintain service standards and ensure consistency in execution. Furthermore, you will contribute to wider framework discussions with the Global Third Party Risk team to ensure our localized efforts align with global policy and practices.This role involves leading and growing both global and regional specific efforts, providing strategic support, and fostering a culture of third-party risk awareness throughout the organisation. The Lead needs to work in close coordination with the rest of the TPRM team, and the Third Party Management team at large. The Lead provides expert guidance to senior stakeholders, coordinates cross-team projects, and contributes to the strategic alignment of TPRM strategies with the company's overall risk management and business objectives.This role will operate both as individual contributor and owner of aspects of the TPRM programme from IntraGroup perspective, and as team contributor for items that are delivered by other members of the TPRM leadership team, or delivered as part of the Team.The Third Party Risk Lead sits within the wider Third Party Risk Team and is responsible for partnering with internal Wise teams to provide robust guidelines for governance and regulatory compliance. This involves managing the risks associated with the onboarding, ongoing oversight, and offboarding of Third Parties, Banking Services, and IntraGroup Arrangements.This position focuses on the implementation and oversight of the TPRM program in alignment with industry standards and regulatory expectations. The Lead contributes to the maintenance and enhancement of the TPRM framework and policies, ensuring they remain aligned with industry best practices and Wise’s Enterprise Risk Management framework.TPR Lead duties and responsibilities:Regulations / Industry StandardsSupporting the TPRM program in alignment with industry standards and regulatory expectations. Contributes to maintaining, and enhancing the comprehensive TPRM framework and policies to ensure alignment with industry best practices, regulatory requirements, and the Wise's Enterprise Risk management framework. Maintain up-to-date knowledge of relevant outsourcing regulations, laws, and industry standards affecting third-party risk management. Ensure the TPRM program aligns with regulatory requirements and best practices, and contributes to designing a strategic foundation for building processes and operationalizing relevant regulatory expectations.Stakeholder EngagementWork in close coordination with the rest of the TPRM Leadership team, and the Third Party Management team at large. Works with senior stakeholders, coordinates cross-team projects, and contributes to TPRM strategies with the company's overall risk management and business objectives.TPRM Controls & Processes Develop, maintain, and update the TPRM processes and controls to align with industry best practices, regulatory requirements, and the organisation's risk...