Outsourcing and Third Party Risk Management Lead

Reposted 11 Days Ago
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London, Greater London, England, GBR
In-Office
Mid level
Fintech • Payments • Financial Services
We’re Teya - proud to serve small, local businesses with the financial tools they need to manage, grow, and thrive.
The Role
Lead day-to-day outsourcing and third party risk activities as first line of defence. Own TPRM framework execution: due diligence, ongoing monitoring, contract risk review, registers, reporting, and stakeholder coordination across Procurement, Legal, InfoSec, Compliance, and Operational Risk. Support regulatory submissions, audits, and continuous improvement of controls and tooling.
Summary Generated by Built In

Hello. We’re Teya.

Teya was founded on a simple belief: local businesses deserve better.

They are the cafés, restaurants, salons, shops and entrepreneurs that bring character to our high streets, create jobs and keep communities moving. Yet for too long, financial services has made life harder for them - with clunky tools, poor support and complexity that gets in the way of running a business.

Teya exists to change that.

We’re building a financial platform for local businesses across Europe - one built around simple tools, thoughtful design and real human support. Our Members rely on us to help them run their business with confidence, and that responsibility shapes the way we work.

We move fast. We care about quality. We stay close to the detail. And we believe great performance and genuine hospitality should go hand in hand.

If you want to build meaningful products, solve real problems and make a genuine difference for local businesses, we’d love to hear from you

The Outsourcing and Third Party Risk Management (TPRM) Lead is responsible for running Teya’s day-to-day outsourcing and third party risk activities within the first line of defence, ensuring Teya meets its regulatory obligations and manages the risks arising from its use of external providers. The role owns the operational execution of the TPRM framework across the business, including due diligence, ongoing monitoring, contract risk review, and the maintenance of Teya’s outsourcing and ICT third party registers. You’ll be the go-to person for business owners managing third party arrangements, working closely with Procurement, Legal, Information Security, Compliance, and Operational Risk. You’ll be comfortable in a fast-paced environment and able to balance multiple competing priorities.

Key Objectives

  • Drive the continuous improvement of TPRM and outsourcing processes, controls, and tooling, with a focus on risk-based prioritisation and proportionate due diligence.

  • Own and maintain Teya’s outsourcing register and ICT third party register, ensuring all critical or important arrangements are correctly classified and recorded in line with EBA Guidelines on Outsourcing, DORA, and FCA/PRA expectations.

  • Act as the first point of contact for business owners on third party risk matters, supporting them through onboarding, risk assessment, contract review, and ongoing monitoring.

  • Coordinate due diligence across information security, data protection, financial crime, business continuity, and concentration risk, working with subject matter experts to produce a single view of third party risk.

  • Run the ongoing monitoring programme, including performance reviews, control attestations, incident tracking, and periodic re-assessments of material third parties.

  • Produce management information and reporting for senior governance forums, flagging emerging risks, control gaps, and remediation progress.

  • Partner with Compliance and Operational Risk (2LOD) to ensure framework changes, regulatory updates, and findings are translated into operational practice.

  • Support regulatory submissions, audits, and supervisory engagement on outsourcing and ICT third party matters.

Job Requirements

  • A minimum of 3 years of experience in outsourcing or third party risk management within a regulated financial services environment (payments, e-money, banking, or similar).

  • Working knowledge of the EBA Guidelines on Outsourcing Arrangements and DORA

  • Experience running due diligence and ongoing monitoring across material third parties, including critical or important outsourcing arrangements and ICT services supporting critical or important functions.

  • Highly organised, with strong attention to detail and the ability to manage a large portfolio of third parties simultaneously.

  • A pragmatic, risk-based mindset. You see the role of 1LOD as enabling the business to move quickly and safely, not blocking it. You can hold the line on real risks while finding sensible paths through.

  • Comfortable building with AI. You use AI tooling in your day-to-day work — for due diligence summarisation, drafting, evidence review, data extraction — and you actively look for ways to apply it to reduce manual effort across the third party lifecycle.

  • Bias to action. You'd rather ship a working v1 of a process or template and iterate than spend months designing the perfect framework.

  • Commercial awareness. You understand that every third party relationship has a business purpose, and you can have a credible conversation with engineers, product owners, and commercial leads about trade-offs rather than just citing policy.

Desirable

  • Experience implementing or working with TPRM tooling (e.g. Aravo, Prevalent, OneTrust, ProcessUnity).

  • Experience supporting DORA implementation across a financial services firm, including ICT register builds and contractual remediation programmes.

  • Familiarity with operational resilience frameworks and the identification of important business services.

Teya is proud to be an equal opportunity employer.

We are committed to creating an inclusive environment where everyone regardless of race, ethnicity, gender identity or expression, sexual orientation, age, disability, religion, or background can thrive and do their best work. We believe that a diverse team leads to better ideas, stronger outcomes, and a more supportive workplace for all.

If you require any reasonable adjustments at any stage of the recruitment process whether for interviews, assessments, or other parts of the application—we encourage you to let us know. We are committed to ensuring that every candidate has a fair and accessible experience with us.

Skills Required

  • Minimum of 3 years experience in outsourcing or third party risk management within a regulated financial services environment (payments, e-money, banking, or similar).
  • Working knowledge of the EBA Guidelines on Outsourcing Arrangements and DORA.
  • Experience running due diligence and ongoing monitoring across material third parties, including critical or important outsourcing arrangements and ICT services supporting critical or important functions.
  • Highly organised with strong attention to detail and ability to manage a large portfolio of third parties simultaneously.
  • Pragmatic, risk-based mindset with ability to enable the business while managing real risks.
  • Comfortable building with and using AI tooling for due diligence summarisation, drafting, evidence review, and data extraction.
  • Bias to action; prefers shipping a working v1 and iterating.
  • Commercial awareness and ability to discuss trade-offs with engineers, product owners, and commercial leads.
  • Experience implementing or working with TPRM tooling (e.g. Aravo, Prevalent, OneTrust, ProcessUnity).
  • Experience supporting DORA implementation, including ICT register builds and contractual remediation programmes.
  • Familiarity with operational resilience frameworks and identification of important business services.

What the Team is Saying

Teya Compensation & Benefits Highlights

  • Equity Value & Accessibility All employees join a stock option plan (USSOP) from day one, making ownership broadly accessible. Feedback suggests this equity component is a standout element of the package.
  • Healthcare Strength Private medical insurance and supportive sick pay are included in core locations, with named coverage such as Bupa in the UK. Coverage is consistently highlighted in UK and European locations.
  • Leave & Time Off Breadth Employees receive 25 days of annual leave plus bank holidays, described as ample time for rest and recreation. This breadth is positioned as a standout component in UK and European locations.

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The Company
HQ: London
1,000 Employees
Year Founded: 2019

What We Do

At Teya, we believe small, local businesses are the heartbeat of every community. Teya was founded to help small, local businesses thrive. We exist to make business smoother, simpler, and more rewarding for the people who keep our communities alive. That means exceptional support, intuitive solutions, and
a team truly invested in our Members’ success.
 To us, they’re more than customers – they’re part of
a community built on trust and shared ambition. 
That’s why we proudly say: “Member since.” 
It’s our way of honouring every relationship and building a stronger, more connected future together.

Why Work With Us

We’re a fast-growing European fintech helping small, local businesses thrive. We value simplicity, teamwork, and impact. At Teya, you’ll join a diverse, passionate team where ideas matter, growth is encouraged, and every action helps real people and communities succeed, every single day.

Teya Offices

OnSite Workspace

We believe great ideas happen when people come together. Our hybrid approach gives you the flexibility to work from home, but we encourage spending at least three days a week in the office to collaborate, connect, and keep our culture strong.

Typical time on-site: None
HQTeya London
Teya Bratislava
Teya Hungary
Teya Lisbon
Teya Czechia
Teya Reykjavik
Teya Latvia
Teya Croatia
Learn more

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