Third Party Risk Oversight Technical Manager

Job Description

About the Company

At abrdn, enabling our clients to be better investors drives everything we do. By combining expertise, insight, and innovative technology, we deliver solutions that empower our clients to achieve their goals. Beyond financial outcomes, we invest responsibly to build a better world.

About the Department

The Risk and Compliance team is pivotal in ensuring that abrdn effectively identifies, assesses, and manages risks across the business. This team oversees third-party operational and compliance risks, providing guidance, oversight, and challenge to ensure third-party relationships—including outsourcing, suppliers, and intra-group arrangements—meet regulatory and enterprise standards.

About the Role

As a Third-Party Risk Manager, you will play a critical role in overseeing and ensuring the effective management of third-party risks across abrdn’s global locations and partnerships. Your responsibilities will encompass the entire third-party management process, including selection, onboarding, governance, monitoring, and termination. You will also provide oversight and advice to embed abrdn’s Enterprise Risk Management framework while ensuring compliance with global regulatory requirements.

Key Responsibilities

1. Oversee and challenge the implementation of abrdn’s Third-Party Risk Management (TPRM) and Intragroup Frameworks, ensuring alignment with regulatory standards.
2. Continuously monitor compliance with the Procurement, Outsourcing, and Third-Party Management (POTPM) Policy, TPRM Framework, and Intragroup Framework.
3. Provide independent opinions on the identification, assessment, and management of third-party risks in line with abrdn’s risk appetite.
4. Perform thematic second line-of-defence reviews on Third-Party Risk Management processes.
5. Represent third-party risk oversight in governance forums and escalate emerging risks or concerns as needed.
6. Support projects involving third parties, including onboarding, changes to arrangements, and implementation of new regulations.
7. Collaborate with Compliance, Monitoring, and Internal Audit teams on TPRM-related reviews.
8. Deliver regular reporting and insights on third-party oversight activity to senior Risk & Compliance management.

About the Candidate

The ideal candidate will possess the following:

Required Skills and Experience

1. Strong understanding of global regulatory requirements, particularly regarding outsourcing, operational resilience, and cloud sourcing.
2. Extensive experience in risk, compliance, internal audit, or third-party management.
3. Deep knowledge of third-party risk management models and oversight practices.
4. Effective stakeholder management skills with the ability to provide clear, independent perspectives.
5. Excellent analytical, communication, and problem-solving skills.