P02 - Third Party Risk Senior Analyst

TransUnion's Job Applicant Privacy Notice

What We'll Bring:

We Are TransUnion:
TransUnion is a major credit reference agency, and we offer specialist services in fraud, identity and risk management, automated decisioning and demographics. We support organisations across a variety of sectors including finance, retail, telecommunications, utilities, gaming, government and insurance.

What You'll Bring:

We’re looking for a Third Party Risk Analyst to join our growing team.

Day to Day You’ll Be:

• Create, maintain and distribute TPRM reports for internal and external stakeholder review and actioning
• Collaborate with cross functional peers to develop and improve existing TPRM data and reporting; to meet the continually changing stakeholder requirements
• Analyse TP performance through MI, with any key concerns or issues being promptly highlighted and escalated to the TP Risk Manager for further action where required
• Provide regular insights on TP performance to stakeholders, to allow more effectively go-forward management
• Provide TPRM support and guidance to key stakeholders specifically on its requirements, to ensure stakeholders are aware of their BAU responsibilities and effectively complete their duties
• Liaise with TPs and stakeholders to arrange regular review meetings (attending as required) and maintain any resultant action plans defined by Relationship Owners (ROs), related risks, and Issue Logs to improve any supplier specific performance shortfalls
• Ensuring the TU TP Inventory is effectively maintained, including adding new TPs and working with Procurement colleagues to gather an appropriate level of information, as part of the onboarding process.
• Ensure TP governance and risk documentation is maintained, up-to-date and regularly reviewed as per requirements, to the highest standards, i.e. Tiering, Meeting Minutes, Exit Plans, Risk Registers, etc.
• Create and maintain TP performance scorecards using data provided by ROs
• Ensure the timely and effective management and escalation, any TP compliance matters or issues
• Assess and monitor any key supply chain and subcontracting risks, ensuring a full subcontracting list is maintained and regularly refreshed and promote effective and timely remedial activity, as required
• Work with stakeholders on the timely remediation of Third Line (Internal Audit) actions and ensure adequate remediation evidence is subsequently captured
• Work with key stakeholders and TP Risk Manager to improve any shortfalls in adherence to the TPRM policy and minimum standards; with appropriate escalation where required
• Work with TPs, stakeholders and the TP Risk Manager to further enhance the overarching supplier performance monitoring / evaluation process
• Where there is an identified deviation in performance from a conduct, risk or compliance perspective, ensure robust action plans are generated and actions followed up on a timely basis
• Provide regular TP insights to the Procurement team to inform key sourcing and renewal decisions
• Create and maintain business toolkit, i.e. policy, process, templates, guides. etc.

Essential Skills & Experience:

• Previous experience and proficient as an analyst, with ideally a genuine interest in effective TP management
• Experience in TPRM, Supplier Management and/or Risk Management per se
• An excellent communicator, with ability to develop and manage potentially complex relationships
• Well organised, having the ability to prioritise a diverse workload, in line with tight reporting and other externally driven deadlines
• Demonstrates flexibility and a genuine ‘can do’ attitude to successfully overcome barriers and an innovative approach to problem solving
• A relevant qualification and/or relevant commercial experience and expertise

Desirable Skills & Experience:

• Worked in Financial services or similar regulated industry including the Financial Conduct Authority (FCA), European Banking Authority (EBA) and the Prudential Regulation Authority (PRA).
• Knowledge of Analytics Software i.e. Power BI or equivalent

Impact You'll Make:

What’s In It For you?
At TransUnion you will be joining a friendly, forward thinking global business.
As well as an excellent salary and bonus scheme or commission scheme (if joining our sales teams) our benefits package comes with:

• 26 days’ annual leave + bank holidays (increasing with service)
• Global paid wellness days off + a bonus day off to celebrate your birthday
• A generous contributory pension scheme + access to the TransUnion Employee Stock Purchase Plan
• Private health care + a variety of physical, mental and financial fitness wellbeing programmes such as access to mindfulness tools
• Access to our diversity forums and communities so you can get involved in causes close to your heart

TransUnion – a place to grow: 
If there’s something on the list of essential / desirable skills that you can’t quite tick off, don’t let that put you off applying. We are open to exploring training and development opportunities for the right candidate to ensure you are successful.
We know imposter syndrome is real, lets confront it so we can continue to grow and thrive together.

Flexibility at TU:
We recognise that our people need the freedom to balance their day-to-day lives with their work. This is why we’ve set out to create inclusive and flexible policies and practices for you to accommodate all your responsibilities and needs: children, family and beyond. If the role is advertised as full time, don’t let this stop you from applying. Let us know if you’re looking for a part time or flexible working arrangement and we can discuss this with you.

Additional support:
At TransUnion, we’re committed to fostering an inclusive and diverse workplace where all individual’s talents and perspectives are valued. When you apply for a position with us, you’re not just joining a team, you’re becoming part of a community that celebrates differences and embraces equality. We understand that everyone has different needs, which is why we offer a range of reasonable adjustments to our recruitment process. Please let us know if you require any reasonable adjustments to help you through the application process or to attend an interview with us by contacting [email protected]

Interview & Hiring Process:
Most of our recruitment processes are virtual, so you’ll get to know our hiring managers and teams over the phone and through video. If we need you to attend a physical in person interview your recruiter will inform you of this.

We do not accept any unsolicited CV’s from recruitment agencies.  If you are a recruitment agency on our PSL our talent team will contact you directly should we require any assistance.

#LI-Hybrid  

Find out more about Life At TU UK:
https://twitter.com/TransUnionUK
https://www.linkedin.com/company/transunion/life/

This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.

TransUnion Job Title

Sr Analyst, Procurement