Procurement and Third-Party Risk Management (TPRM) expert

The bank that is closer to everyone – yes, that’s us!

We are looking for a Procurement and Third-Party Risk Management (TPRM) Expert to join our team and contribute to the efficiency of procurement processes, effective supplier risk management, and the oversight of the Bank’s relationships with third-party providers.

Every day, you’ll be #closer and:

• Participate in the implementation of a new Procurement and Third-Party Risk Management (TPRM) platform, from gathering business requirements through solution implementation, testing, and further development.
• Develop procurement and TPRM methodologies, design and review processes, and enhance related control measures.
• Organize and coordinate procurement activities in line with internal policies and regulatory requirements.
• Conduct supplier assessments and support third-party risk assessments, including periodic reviews.
• Oversee the TPRM process and ensure timely risk identification, assessment, and implementation of risk mitigation measures.
• Collaborate with business units in preparing procurement documentation, defining supplier selection criteria, and evaluating proposals.
• Prepare reports, analyses, and presentations for management and other stakeholders.

• A university degree in Business Administration, Economics, Law, Finance, or a related field.
• At least 3 years of experience in procurement, supplier management, third-party risk management (TPRM), operational risk management, or a related area.
• Experience coordinating projects or implementing process improvement initiatives.
• The ability to identify process improvement opportunities and drive change.
• Experience developing or enhancing methodologies, policies, procedures, or other internal governance documents.
• A good understanding of IT systems and technology solutions.
• Knowledge of procurement principles, contract management, and supplier risk assessment practices.
• Strong analytical skills with the ability to assess risks and make data-driven decisions.
• Excellent negotiation, communication, and stakeholder management skills.
• The ability to manage multiple priorities, work independently, and meet deadlines.
• Good command of Lithuanian and English.

Privalumai

• Experience implementing or developing procurement, supplier management, risk management, or other business process management solutions.
• Experience participating in system selection, requirements gathering, or process digitalization initiatives.
• Knowledge of DORA, EBA Guidelines on Outsourcing and Third-Party Risk Management, or other financial sector regulatory requirements.
• Experience working with solutions such as Ariba, Coupa, Zip, Omnea, or similar platforms.
• Experience working in banking, financial services, or other highly regulated industries.

• The green light for your ideas. Your suggestions will be heard - we value independence, curiosity and initiative.
• A manager who helps you grow. You’ll get clear direction and support, while having plenty of freedom to act, learn and develop.
• An organisation that is changing. Joining Artea means more than just a new name - it means new ideas, perspectives and opportunities to shape our culture from within.
• Achievements rooted in Lithuania. We’re especially proud to be a Lithuanian bank. We believe our country and our people are unique, and we do everything we can every day to help them realise their potential.
• A personal benefits package. Health insurance, a pension savings programme, additional days off, flexible working hours, modern infrastructure - and that’s far from the complete list of benefits!
• Performance bonuses. Our employees can earn bonuses based on the results of the bank, their team and their own performance.