Business Analyst (Outsourcing, Regulatory, 3rd Party Risk)International Banking Group - EC2Y / Moorgateto £754.53pd to Umbrella (Inside IR35) Initial 6 Month Contract, Hybrid Working Model As an award-winning and preferred recruitment partner to one of the world's most trusted banking groups for more than ten years, we have been asked to assist in the hire of a contract Business Analyst to assist with the creation and implementation of a new Outsourcing Regulatory and Third Party Risk Management governance framework.You will assist with the drafting, updating and creation of required documentation to demonstrate compliance with applicable outsourcing / 3rd Party Risk Management laws, rules and regulations including EBA, PRA and ESMA (and other applicable TPRM rules).The Role -Drafting how to identify outsourcing and assessing their criticality guidance-Creating and maintaining an outsourcing and third-party register-Creating/updating an outsourcing policy-Creating/updating a notifications policy, intragroup arrangements and required documentation-Revieing and updating due diligence and risk assessment processes/documentation-Ensuring appropriate BCPs and exit plans are in place-Ensuring an appropriate structure is in place to manage subcontractors and concentration of risks, ensuring audit rights, information and data security requirements and risks are met/managed-Assist with the application of agreed processes/procedures to identity outsourcing arrangements and manage outsourcing and third-party risk on an ongoing basis-To liaise cross functionality where required to facilitate and report on outsourcing/TPRM compliance-To assist with the drafting of training plans and any required training materialsExperience Required -Experience of Business Analysis in Outsourcing, Regulatory and 3rd Party Risk Management-Knowledge of outsourcing regulations such as EBA, PRA, ESMA and third-party risks-Exposure Legal/Procurement/Vendor Risk useful-Exposure to contracts and service agreements a nice to have Inside IR35 (PAYE Umbrella): This contract is offered on a PAYE basis (via an umbrella company). The day rate is budgeted up to £754.53pd and this is the total amount we would pay your nominated umbrella. It is inclusive of holiday accrual and employer pension contributions. All statutory deductions (both Employers and Employee NI, Income Tax, Apprenticeship Levy, etc.) will be deducted from this figure. Hybrid Working: Our client has a hybrid working model. You will be expected to spend two days a week on-site in their London EMEA HQ near Moorgate Tube. The remainder can be spent working remotely from home, or if preferred in the office.Client Relationship: We have worked with this banking organisation for more than ten years and have been the recipient of their UK Supplier of the Year Award. Upon application with your CV, we will be in touch with full information on our client, the full job description and details on the application and selection process. Deerfoot IT Resources Ltd is one of the UK's leading IT Recruitment Agencies. Established in 1997, we have over twenty years of experience as IT Recruitment Specialists and practice a meticulous recruitment service for our clients. We will never send your CV anywhere without your full email authorisation and only after you have seen the full and complete details on this opportunity. Deerfoot is acting as an employment agency in relation to this vacancy.Each time Deerfoot sends a CV to a recruiting client we donate £1 to The Born Free Foundation ().