The Third Party Risk Lead maintains responsibility for the design, implementation and oversight of Turner & Townsend’s Third Party Risk Management framework. This role supports the identification, assessment and management of Ethics & Compliance, integrity and reputational risks arising from relationships with suppliers, subcontractors, intermediaries, joint venture partners, clients and other third parties.
The successful candidate will lead the development of proportionate due diligence, screening, risk assessment and ongoing monitoring processes, working closely with Operational teams, Risk Management, Regional Ethics & Compliance teams and the wider business to promote a consistent, risk-based approach across our global operations. Working closely with CBRE (70% investors in Turner & Townsend), the role will align approaches as necessary, share leading practice and identify opportunities for coordination, while maintaining Turner & Townsend’s independent governance and accountability.
Main Responsibilities:
Third Party Risk Framework:
- Lead the development and continuous improvement of the global Third Party Risk Management framework, policies, standards and procedures.
- Define risk-rating criteria, due diligence requirements, escalation thresholds and approval requirements for third-party engagements.
- Embed Third Party Risk Management requirements into procurement, contracting, onboarding and ongoing relationship management processes.
- Monitor relevant regulatory and leading-practice developments relating to third-party risk.
Due Diligence & Screening:
- Oversee risk-based due diligence and integrity assessments for suppliers, subcontractors, intermediaries, joint venture partners, acquisition targets and other third parties.
- Review enhanced due diligence findings and advise stakeholders on higher-risk engagements, mitigations and approval requirements.
- Oversee sanctions, watchlist, politically exposed person and adverse media screening, supporting the resolution of potential matches.
Ongoing Monitoring & Reporting:
- Develop processes for the ongoing monitoring and periodic reassessment of third-party risks throughout the relationship lifecycle.
- Monitor compliance with onboarding, approval and review requirements, escalating material exceptions and emerging risks where appropriate.
- Develop management information and reporting on third-party risk exposure, due diligence activity and programme effectiveness.
- Provide subject-matter advice and support to investigations involving bribery and corruption, sanctions, conflicts of interest or third-party misconduct.
Stakeholder Engagement:
- Provide advice and guidance to Procurement, Legal, Regional Ethics & Compliance teams and business stakeholders on third-party risk requirements.
- Develop and deliver training and awareness activities to support consistent application of the framework.
- Manage relationships with external due diligence, screening and technology providers.
Key relationships include the wider Risk Management function, incorporating central and regional Ethics & Compliance teams; regional operational and finance teams; Executive Management and Regional Boards; and CBRE’s Ethics & Compliance team.
- Extensive relevant experience in Third Party Risk Management, Ethics & Compliance, Financial Crime, Internal Audit or Risk Management, ideally within a global business.
- Demonstrable experience designing, implementing or operating third-party due diligence, screening and risk assessment processes.
- Strong knowledge of integrity due diligence, sanctions compliance and the management of third-party bribery and corruption risks.
- Experience assessing complex due diligence findings and providing clear, proportionate and risk-based recommendations to senior stakeholders.
- Strong analytical, problem-solving and stakeholder management skills, with the ability to influence across central, regional and operational teams.
- A relevant degree or recognised professional qualification, such as ICA, ACAMS or IRM, would be advantageous.
Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.
Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.
Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.
We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.
Please visit our website: www.turnerandtownsend.com
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
#LI-SM
Please find out more about us at www.turnerandtownsend.com/
Join our social media conversations for more information about Turner & Townsend and our exciting future projects:
It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.
Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.
Turner & Townsend
Professional Services · Private · Leeds, United Kingdom