Senior Consultant, Third Risk Party Management, Extended Enterprise, Cyber

Overview Deloitte's leading Extended Enterprise (EE) team helps clients maximise revenue, mitigate risks, and strengthen relationships across their supply chain. Our Third Party Compliance professionals within EE conduct detailed inspections of our client's third parties to validate whether they are delivering in accordance with the terms and conditions of their contracts. Our purpose is to give our clients confidence-through fact-based analysis and insight-that their third party relationships are contractual, ethical, and well-governed, in order to enable responsible and sustainable growth and operations. Our work is mainly focused on validating third party costs and/or revenue sharing to ensure our clients have not leaked value that could otherwise be invested in growing their business; however inspections can also cover other risk domains, such as bribery and corruption, resilience and business continuity, contract management, etc.

Driven by regulatory, consumer, and economic pressures, our clients are increasingly concerned about the value they get (and risks they face) from their third party relationships. Our Third Party Compliance team specialises in ensuring our clients' third parties meet their contractual obligations, mitigate third-party risks across various risk domains throughout their supplier ecosystem, and minimise cost leakage. Our expertise spans all industries and procurement categories/ relationship types (e.g. construction and engineering, outsourced service providers, creative and media buying, repairs and maintenance, manufacturing, licensee, franchising, distribution, etc.), and across a diverse set of industry sectors (Energy, Pharma, Consumer goods, Technology, Sport, Infrastructure, etc.).

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It's how we approach the thousands of decisions we make everyday. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, fostering inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.

Connect to your opportunity

When you join EERM, you will see how we work with some of the largest organisations in the world, across a variety of industries. Our client list includes major organisations in financial services, technology, mining, media, pharmaceuticals, oil and gas, public sector and consumer goods including retail, automotive, hospitality and services sectors.

The work you perform enable you to lead exciting client engagements including supporting clients to manage the risk associated with third party relationships, such as following factors:

• The wide range of different third party risks an organisation may face across different industries, including relating to anti-bribery, sanctions, human rights, ethics and sustainability in the supply chain, business resilience, cyber risk and data privacy;
• The third party risk regulations which our clients and their third parties need to comply with;
• The drivers which affect behaviours of business partners, suppliers and customers;
• The operational processes and controls required by an organisation to effectively monitor its third party relationships; and
• In addition, you will build an understanding of how to manage risk, engagement economics and teams of several people in order to deliver an optimal outcome for our clients.

A typical EE advisory engagement will involve:

Advisory engagements usually involve working as part of a small team (typically 2-5 people) to embed yourselves for a fixed period of time alongside a team of client stakeholders and work collaboratively to deliver positive, high value programmes of change / improvement for our clients. They require a high degree of stakeholder management and change management activity as well as strong governance and project management. The key phases of an advisory engagement usually include benchmarking existing capability, designing, and developing an enhanced capability, building or implementing that enhanced capability and supporting the client to adopt and embed the new way of working. Advisory engagements can range in duration from 6-8 weeks for the smaller programmes through to 6-12months for the larger programmes.

In addition, we often subsequently support our clients with implementation and operation of their TPRM programmes. Our 'operate' capability includes a range of innovative solutions that we offer to our clients to help them deliver their TPRM programmes, including supply chain risk intelligence, integrity due diligence, outsourced risk assessment managed services and third party risk monitoring programmes. Each of these programmes are different in nature and require team members to think flexibly and independently, with a high focus on problem solving for our clients to help manage their most complex supply chain risk challenges.

Connect to your skills and professional experience

The successful individual will demonstrate the following behaviours, capabilities, and experience:

• Experience working in the area of Third Party Risk Management (TPRM) specifically is a key requirement for this role.
• A track record of delivering TPRM related client engagements in a consulting role, or working within teams or functions in an 'in-house' role is preferred.
• Experience of the process and methodologies of performing due diligence on third parties, including integrity due diligence, and linking this to the end to end TPRM process.
• Experience delivering TPRM projects within at least one of the pharmaceutical, financial services, technology, media, telecommunications, consumer, or energy and resources sectors.
• If the experience is aligned to financial services, deep subject matter expertise of the UK and EU outsourcing and TPRM regulations.
• Detailed understanding of TPRM and due diligence technologies and how they can be used to bring efficiency and operational effectiveness to clients' TPRM programmes.
• Highly organised individual with strong attention to detail and able to manage their own workload and to delegate effectively.
• Strong communication, presentation and English writing skills, including strong proficiency in PowerPoint and Excel.
• Critical analytical and problem solving skills are a must and the ability to make decisions logically and confidently.
• The individual will be a proactive self-starter with the ability to plan and control while managing changing environment and priorities.
• Strong ability to build professional relationships and rapport with the EERM team and its clients, as well as to support delivery and further enhancement of the TPRM Solutions capability.
• Strong communication skills, written and verbal, both internally and externally with clients and third parties, and be able to communicate clearly and effectively to all levels.

Working with EE provides a mixture of working in the office, client sites and visiting third parties' premises, which provides variety and a well-rounded mix of work environments. The EE team value a healthy work-life balance, and provide ample opportunity to socialise with other members of the team across grades.

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Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

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"At Deloitte you're surrounded by subject matter experts; industry experts, technology experts, and you can access that knowledge whenever you need to."- Christian, Technology and Transformation

"We have a great culture, and the number of opportunities here mean you can develop as an individual in the direction that suits you best." - Gurpal, Technology and Transformation

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