Santander Consumer Bank is looking for a Third Party Risk Manager to join our Nordic Sourcing organisation for a o...

Third Party Risk Manager

Third Party Risk Manager

Country: Sweden

Are you an experienced professional with a keen eye for details?

Santander Consumer Bank is looking for a Third Party Risk Manager to join our Nordic Sourcing organisation for a one-year assignment. This role will support our operations across Sweden, Denmark, Norway and Finland and play an important part in strengthening how we identify, assess, monitor and manage risks across our third-party supplier ecosystem.

As part of the Sourcing team, you will work closely with subject matter experts, business stakeholders and senior management. Together with the Third-Party Risk Management Lead, you will help ensure transparency, regulatory adherence and effective risk mitigation throughout the supplier lifecycle.

To succeed in this role, you are structured, proactive and confident in driving topics forward. You have a strong eye for detail, while also understanding the broader business context. You are comfortable working across different functions, navigating complexity and balancing regulatory requirements with commercial realities.

You enjoy collaborating with others, building trust and creating practical solutions that strengthen governance without adding unnecessary bureaucracy.

Key Responsibilities:

• Third-Party Risk Management: Develop, implement, and oversee an effective Third-Party Risk Management framework to identify, assess, and mitigate risks associated with external suppliers, vendors, and partners.
• Risk Assessment and Due Diligence: Lead assessment and due diligence processes for potential and existing third-party relationships, ensuring adherence to the company's risk tolerance levels and compliance requirements.
• Contract Review: Collaborate with legal and procurement teams to review and evaluate third-party contracts, identifying risk areas, and ensuring appropriate risk mitigation measures are in place.
• Risk Monitoring and Reporting: Continuously monitor third-party performance and risk exposure, providing regular risk reports and updates to senior management and stakeholders.
• Compliance and Policy Enforcement: Ensure compliance with relevant regulations, industry standards, and company policies throughout the third-party relationship lifecycle.
• Relationship Management: Establish and maintain strong working relationships with third-party vendors and partners to facilitate effective communication and risk mitigation efforts.
• Internal Training and Awareness: Conduct training sessions and awareness programs to educate employees and stakeholders on third-party risk management best practices.
• Cross-Functional Collaboration: Collaborate with other departments, such as IT, Legal, Compliance, and Procurement, to ensure a cohesive and unified approach to risk management.
• Collaboration with Sourcing Team: Work closely with the Procurement team lead to align TPRM efforts with sourcing strategies, fostering seamless collaboration between the two teams.

Your background:

• Bachelor's degree in business administration, Risk Management, or a related field. An advanced degree or relevant certification is a plus.
• Proven experience of 2 years in third-party risk management, vendor management, or related fields
• Experience from a regulated environment, preferably banking, financial services or another highly governed industry.
• In-depth knowledge of risk management methodologies, best practices, and industry standards.
• Ability to interpret regulatory expectations and translate them into practical ways of working.
• Strong analytical skills with the ability to assess and prioritize risks effectively.
• Excellent communication, negotiation, and interpersonal skills to collaborate with internal stakeholders and external partners.
• Proficiency in risk management software and the Microsoft Office suite.
• Strong communication skills in English. A Nordic language is an advantage.

We offer

• An opportunity to work in a large, high-performing international company, in a dynamic environment that is constantly changing.
• A corporate culture that is professional and dynamic, yet informal. Bureaucracy is kept to a minimum, as we expect our skilled employees to make long lasting and impactful decisions to shape our future.
• Highly competent, dedicated, and friendly co-workers with strong collaboration across the Nordics.

This position can be located in Solna, Sweden or Lysaker, Norway.

Interested?

If you have the right profile and enthusiasm and wants to join the Sourcing team, please submit your application and CV as soon as possible.

If any questions feel free to contact Head of Sourcing, Ricky Jonsson, phone +46 (0)73 046 58 39.