Third-Party Risk Analyst | S2 P4 | Cost Management & Procurement | Glasgow | Internal Mobility. at Santander in Santander House

Job description

Third-Party Risk Analyst | S2 P4 | Cost Management & Procurement | Glasgow | Internal Mobility. Country: United Kingdom IT STARTS HERE Santander ( www.santander.com ) is evolving from a global, high-impact brand into a technology-driven organisation , and our people are at the heart of this journey. Together , we are driving a customer-centric transformation that values bold thinking, innovation , and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference . Our mission is to contribute to help more people and businesses prosper . We embrace a robust risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management. Cost & Procurement is a global business integrating all our retail and commercial banking activities to better serve our customers, improve efficiency and drive value creation. THE DIFFERENCE YOU MAKE Cost Management & Procurement is looking for a Third-Party Risk Analyst based out of Glasgow. As a Third-Party Risk Analyst, you will support the Third-Party Risk Management (TPRM) in delivering and maintaining a transformation capability for TPRM systems and processes in accordance with Santander internal and relevant external policies and regulation. We’re shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for: Support the development, maintenance and periodic review of the TPRM Standards and Control Framework , ensuring requirements remain clearly documented, proportionate and aligned to the TPRM Policy, applicable regulation, risk appetite and wider organisational risk frameworks. Develop and maintain the methodologies that underpin the TPRM framework , including risk assessment, criticality, segmentation, concentration, financial resilience and other relevant third-party risk methodologies, ensuring approaches, criteria, thresholds and decision rules are consistently defined and applied. Support the design, maintenance and ongoing review of TPRM Key Risk Indicators (KRIs) , including the methodology, thresholds, tolerances and escalation criteria used to identify changes in third-party risk exposure and provide early warning of emerging or increasing risks. Monitoring risk metrics and indicators is specifically reflected in supervisory expectations for third-party risk management. Produce, analyse and continuously enhance TPRM Management Information and governance reporting , translating third-party data, KRIs, control performance, risk trends, concentrations, exceptions and emerging risks into clear insights that support effective management and governance decision-making. Support the ongoing effectiveness and continuous improvement of the TPRM framework , using insights from control monitoring, KRI performance, management information, assurance activity, audit findings, regulatory developments and stakeholder feedback to identify enhancements to Standards, Controls and Methodologies and track these through appropriate governance and approval WHAT YOU’LL BRING Our people are our greatest strength. Every individual contributes unique perspectives that make us greater as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring. The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Professional Experience: Experience of risk, governance and control analytics (required) Experience documenting, standards, procedures and controls (Required) Understanding of Third-Party Risk Management and Procurement (Preferred) Hard Skills: Microsoft suite, particularly Excel, PowerPoint and Word (Required) Risk manage