Third Party Risk Management Execution Team Lead

Our team focuses on managing and mitigating risks associated with third-party relationships, covering aspects such as third-party risk, operational risk, and supply chain risk throughout the TPRM lifecycle. This includes due diligence, onboarding, management, and termination. We ensure all third-party arrangements align with our internal standards and procedures, providing guidance to line managers, contract owners, and subject matter experts to balance business needs with costs, requirements, and risks.

Our goal is to effectively manage the risks associated with our third-party relationships, ensuring compliance with all relevant regulations and industry best practices, while also supporting an efficient time to market that underpins our Forward ’28 strategy.

We offer:
Opportunity for Personal and Professional Growth: This role offers a unique platform for both personal and professional development. You will encounter new challenges that enhance your skill set and provide invaluable experiences throughout your career.

Driving Organizational Change: Step into a pivotal role where you lead significant transformational changes within the organization. This position allows you to profoundly impact our company’s strategic direction.

Collaborative Work Environment: You will operate within a dynamic and collaborative environment; promoting teamwork and innovation. You will interact closely with colleagues across various departments and disciplines, fostering a creative and inclusive atmosphere.

Mentorship and Team Development: You will have the opportunity to mentor and develop your team members, guiding them through complex risk assessments and decision-making processes. This not only enhances team performance but also supports the professional growth of individual team members.

Cross-Departmental Coordination: Engage with various departments to ensure a cohesive approach to risk management. This role requires strong coordination skills to manage relationships and integrate risk management practices throughout the organization.

As the Third Party Risk Management (TPRM) Execution Team Leader at a leading Nordic financial institution based in Lithuania, you will take on a dynamic and pivotal role. Reporting directly to the Head of TPRM & Regulatory Management under Security, Resilience & Controls in Technology & Services, you will act as the TPRM process gatekeeper. In this capacity, you will ensure that all third-party arrangements comply with both internal and regulatory requirements, playing a critical role in implementing and maintaining the bank’s TPRM Programme. With the current team consisting of 5 members and in the process of expanding, you will find ample opportunities for leadership and development within a growing team.

This role demands a leader who possesses excellent relationship-building skills, a “can-do” attitude, and the ability to constructively balance risk/compliance with commercial interests. You must be comfortable making decisions and flagging issues that may pose risks outside of the bank’s appetite. You will champion TPRM best practices, enhancing risk awareness among colleagues and stakeholders, and fostering a culture of robust risk management.

You will:

Team Leadership and Development: Manage and expand a global team of TPRM experts, providing mentorship and fostering professional growth within the team
Strategic Leadership Role: Act as a key member of the TPRM & Regulatory Model Leadership Team, directly contributing to strategic decisions and the overall direction of the risk management framework
Enhance Collaborative Efforts: Ensure strong collaboration across various lines of defense, including coordinating with cross-functional subject matter experts to inform and enhance risk assessments
Support and Implementation of Initiatives: Take responsibility for ensuring that strategic initiatives and projects are supported promptly and effectively, aligning with the organization’s goals and compliance requirements
Lifecycle Management: Lead and drive the due diligence and risk assessment processes throughout all phases of the TPRM lifecycle, from onboarding through to termination
Risk Analysis and Problem Solving: Utilize your strong analytical and problem-solving skills to effectively analyze complex risk scenarios, devise pragmatic solutions, and ensure these are communicated clearly and comprehensibly
Promote and Champion Best Practices: Champion TPRM best practices within the organization to enhance risk awareness among all colleagues and stakeholders, thereby fostering a culture of robust risk management
Regulatory Compliance and Oversight: Act as the TPRM process gatekeeper, ensuring all third-party arrangements comply with both internal standards and regulatory requirements, crucial for the sustained implementation and enhancement of the bank’s TPRM Programme

About you:

Educational and Professional Qualifications: Possess a bachelor’s degree in business, risk management, information technology, or a related field. A master’s degree or relevant certifications are highly beneficial
Leadership Experience: Have a minimum of 5 years’ experience leading global teams, with a proven track record in effectively managing vendor and operational risks within the financial industry
Risk Management Expertise: Demonstrated ability to navigate complex risk scenarios using strong analytical and problem-solving skills. Capable of leading and driving the TPRM lifecycle processes, including due diligence, onboarding, lifecycle management, and termination
Strategic Influence and Collaboration: Skilled in spearheading collaboration with cross-functional subject matter experts to inform risk assessments. Able to ensure that strategic initiatives and projects receive the necessary support
Regulatory Compliance and Process Oversight: As the TPRM process gatekeeper, ensure that third-party arrangements comply with both internal and regulatory requirements, playing a critical role in the implementation and maintenance of the bank’s TPRM Programme
Interpersonal and Communication Skills: Possess excellent relationship-building capabilities and effective communication skills, coupled with a stakeholder engagement toolkit, enabling influential collaboration across different levels of the organization. Have advances English language skills
Decision-Making and Risk Appetite Management: Have a “can-do” attitude and the ability to constructively balance risk/compliance with commercial interests. Comfortable making decisions and flagging issues that may pose risks outside of the bank’s appetite
Cultural and Best Practices Leadership: Champion TPRM best practices to enhance risk awareness among colleagues and stakeholders, fostering a culture of robust risk management

We offer:

Monthly salary range from 5200 EUR to 7800 EUR gross (based on your competencies relevant for the job).

Additionally, each Danske Bank employee receives employee benefits package which includes:

Growth opportunities: professional & supportive team, e-learnings, numerous development programs; (incl. professional certificates); 100+ professions for internal mobility opportunities.
Health & Well-being: a diverse, inclusive, work & life balance work environment; additional health insurance; mental well-being practices; partial psychologist counselling compensation; silence and sleep zones at the office; game rooms.
Hybrid working conditions: home office budget (after the probation period); modern Danske Campus workplace developed with anthropologist for the best employee experience.
Additional days of leave: for rest, health, volunteering, exams in higher education institutions, and other important activities. Moreover, for seniority with Danske Bank.
Monetary compensation package: accidents & critical diseases insurance; financial support in case of unfortunate events, travel insurance; IIIrd Pillar Pension Fund contribution.