Third Party Risk Lead, Group

Posted 6 Hours Ago
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St George, Queensland
Mid level
Insurance
The Role
The Third Party Risk Lead will design, implement, and oversee a governance framework for Third Party risks at an enterprise level, ensuring compliance with legal standards and internal policies. The role involves engaging with stakeholders, training, conducting risk assessments, and managing communications across the organization to enhance understanding and adherence to risk management practices.
Summary Generated by Built In

Primary DetailsTime Type: Full time

Worker Type: Employee

  • Location: Sydney

  • Type: Permanent, full time

  • Hybrid role, Happy to talk flexible working

The opportunity

Our Group Third Party Risk team (a line 1 function) is responsible for the overall governance and management framework for third parties at an enterprise level, including setting policies and standards, and ensuring effective governance, oversight and control is in place.   

The team works collaboratively with third party risk teams in the operating divisions and plays a key role in ensuring that relevant local requirements are represented in enterprise frameworks, and that emerging regulations and emerging risks are considered.  They work with the business, procurement, risk domain owners and line 2 risk in driving adoption of new compliance to new policies and regulations and in building an understanding of our overall risk profile, controls and mitigations.  

We are expanding our team and are seeking experienced risk practitioners to join our Third Party Risk Management function, where you will be part of the team responsible for continuous adaption of the third party governance framework.

Your new role

  • Design, build, implement and maintain a structured Third-Party governance framework, including controls, monitoring, reporting and escalation mechanisms across the end-to-end Third-Party Lifecycle;

  • Provide effective oversight of Third-Party risk in accordance with internal policy and relevant legal and regulatory requirements;

  • In collaboration with Risk Subject Matter Experts, create and maintain a library of tools, templates and other relevant materials allowing stakeholders to assess and manage 3rd party risk in line with QBE Third Party Risk Appetite;

  • Communicate and train stakeholders across all QBE Divisions to ensure Third Party Risk Management requirements are understood and adopted;

  • Lead assessment exercises of Third-Party risk at a macro level; oversee the development of mitigation plans and partner with internal stakeholders to assign monitoring responsibility;

  • Submit regular stakeholder reporting to provide assurance that Third Party risk controls are in place and operating effectively; where issues are identified ensure remedial plans are in place and delivered;

  • Partner with teams across the wider business functions to help ensure that all risk assessment and mitigation requirements have been met; risk is monitored & mitigated throughout the Third Party lifecycle

About you

You will be an experienced risk practitioner, savvy and pragmatic, looking for simple ways to get work done across a complex operating landscape of global functions and geographic P&Ls.  You will be hands on and will have a bias towards driving activities to improve our risk posture.  The role is global in nature so you will enjoy being exposed to the global regulatory landscape and working with international colleagues. 

  • In-depth understanding of 3rd Party Risk and Control frameworks along with a good understanding of 3rd Party Risk management & reporting

  • Excellent communication skills with the ability to communicate at all levels;

  • Stakeholder Management and ability to interact at all levels of the organisation;

  • Excellent organizational skills, ideally with Project Management experience;

  • Ability to learn quickly and adapt in a complex environment;

About QBE

We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage. We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner.

And our people will be at the centre of our success. We’re proud to work together, and encourage each other enable resilience for our customers, our environment, our economies and our communities. With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate and kind.

We believe this is our moment – what if it was yours too? Your career at QBE — let’s make it happen!

Benefits

We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:

  • ‘Hybrid Working’ – a mix of working from home and in the office to enhance your work/life balance

  • Our ‘Thriving at our Best’ wellbeing program, including free holistic wellbeing coaching, nutritional, confidential counselling, financial and legal advice

  • 18 weeks’ gender-equal flexible leave for all new parents, including paid super

  • The ability to maximise retirement savings through voluntary super contributions and company matching

  • Income protection insurance & reimbursed Death and Total Permanent Disability insurance premiums

  • Additional leave and support through QBE’s Family Domestic Violence First Responder Network

  • Discounts on insurance products, car hire, hotels, goods and services including benefits through our various sports and arts sponsorship partners

Rewards & Recognition

We value our employee’s experience with us and are proud to have been recognised for the following awards:

  • 2021 LinkedIn Top Employer & HRD Employer of Choice

  • 2020 Best Workplace Diversity & Inclusion and Excellence Award for Best Health & Wellbeing at the Australian HR Awards

  • Platinum employer on the Australian Workplace Equality Index (AWEI) – the definitive national benchmark on LGBTQI+ workplace inclusion

  • Ranked 3rd place in the AAGE Top Graduate Employers 2024 for medium sized program as voted by graduates

  • Top 20 Workplaces for Dads in 2019 and 2020 (HBF Direct Advice for Dads)

  • Family First accredited employer since 2021

APPLY NOW and let’s make it happen! 

Click APPLY to submit your application. Successful applicants will need to complete work rights, police and credit checks through our online provider as a condition of employment.

QBE recognise the value of diverse perspectives and experience. We are committed to an inclusive workplace where everyone feels valued and respected for who they are. If we can provide support with access requirements, alternative work arrangements or you would like to connect with one of our networks please contact us at [email protected]

Skills:

Adaptability, Audit Management, Communication, Contract Management, Control Frameworks, Critical Thinking, Customer Service, Financial Advising, High Accuracy, HR Project Management, Intentional collaboration, Managing performance, Risk Management, Stakeholder Management, Team DevelopmentApplication Close Date: 11/03/2025 11:59 PM

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

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The Company
Sydney, New South Wales
11,699 Employees
On-site Workplace
Year Founded: 1886

What We Do

QBE Insurance Group is one of the world's top 20 general insurance and reinsurance companies, with operations in all the key insurance markets. QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 11,000 people in 27 countries.

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