Third Party Risk Management Analyst

Hey! We’re Plum, your smart saving and investing app on a mission to help grow money for life. Whether you’re stashing the cash for tea and toast in your first home or catching some rays during retirement, Plum’s got your back.

Since 2016, over 2 million people in 10 European markets have set aside more than £2 billion with our clever automation and AI – that’s the magic of Plum! As recognition for our work, we’ve received awards from the likes of Deloitte, Finder, and more.

That’s all down to our passionate team of 200+ Plumsters, who work around Europe to help us achieve our mission. And now we’re looking for more brilliant people to join us on our journey.

The role

We are seeking a diligent and proactive Third Party Risk Management Analyst to join our Partnerships team based in Cyprus. This role is critical for evaluating and mitigating risks associated with our third-party partners and vendors. You will be instrumental in ensuring compliance, maintaining operational resilience, and supporting the team in onboarding and managing relationships with key third party providers. The role’s mandate will drive third party risk management in the first line of defence across the Plum Group.

You will help ensure efficient and pragmatic due diligence of new partners and monitoring of existing partners in collaboration with relationship owners in the business. You will also maintain the end-to-end partner onboarding process, helping the business to efficiently work with new third parties.  Your contribution will be vital in driving the best risk-managed outcomes for the business and supporting high-impact partnerships.

Key Responsibilities:

• Conduct end-to-end third-party risk assessments and due diligence for potential and existing partners and vendors.
• Evaluate risks across various domains including financial, operational, security, and compliance, particularly for partners in the financial services sector.
• Identify and assess regulatory and operational risks associated with delivering key new products that rely on third-party services.
• Ensure ongoing monitoring of SLAs and timely completion of due diligence reviews 
• Participate in operational resilience testing exercises ensuring effective coordination with third party service providers.
• Collaborate across teams (finance, operations, product, compliance etc.) to integrate risk requirements into partnership agreements and operational processes.
• Support the Partnerships team during the full partner lifecycle, from initial pitch to negotiation and operationalisation, by providing risk insights and compliance guidance.
• Act as the direct point of contact for business owners, helping them navigate the partner onboarding process, clearly communicating risk findings and balancing business urgency with risk mitigation
• Maintain and monitor the Third-Party Risk Register and tooling, ensuring relevant service details and risk profiles are accurate and performance is continuously tracked.
• Effectively balance short-term and long-term priorities, managing multiple risk assessment projects.
• Coordinate the effective review of contractual provisions, with consideration of applicable operational resilience and/or outsourcing requirements.
• Support business owners in negotiating commercial aspects for key third party service provider arrangements, as required.
• Maintain up to date the procurement process documentation and system workflows.

What We Look For:

• Proven experience in Third Party Risk Management (TPRM), Vendor Relationship Management, or a similar risk-focused role, preferably within the financial services or fintech sector.
• Are familiar with how financial institutions work.
• Solid understanding of regulatory frameworks and compliance requirements related to third-party outsourcing, operational resilience and vendor management.
• Experience in conducting robust risk assessments, performing due diligence, and clearly documenting findings.
• Excellent communication skills, able to clearly articulate complex risk findings and engage with stakeholders at all levels.
• Happy to work independently and flexibly within a fast-moving environment.

We offer a compensation package consisting of base salary and equity, with compensation reviewed twice a year as part of our performance and growth framework.

The salary range (annually gross) for this position is:

• €30.000–€50.000

Final compensation will be confirmed at the end of the hiring process and will be based on the level at which the candidate is assessed, taking into account their experience, expertise, and alignment with our internal competencies and leveling framework.

Plum's Perks

• Own part of the company you're helping grow through stock options
• Private health insurance
• Annual training budget
• Plum Premium for free
• Competitive referral scheme
• Flexible approach to remote working: we encourage at least 2 days a week in one of our beautiful offices in London, Athens or Cyprus
• Team breakfasts and team lunches
• 25 days holiday + bank holidays
• 45 work-from-anywhere days to give you flexibility to work your way
• 2 weeks sabbatical after 4 years to take the break you deserve
• Enhanced parental leave
• 1 paid volunteering day annually
• Annual team trip to a surprise destination!
• A fun, inclusive company culture (think 🦄🌈💯)

If you think this sounds like you, don’t hesitate to get in touch!

Thanks,

Plum Τeam 💜

*Plum is an Equal Opportunity Employer. Plum does not discriminate on the basis of age, race, religion, sex, gender identity, sexual orientation, non-disqualifying physical or mental disability, national origin or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit and business need