Escrow Consultant

Job Title: Escrow Consultant Location: London (Hybrid – up to 3 days per week in office) Start Date: ASAP Contract: Initial term until end of November 2025 ________________________________________ Help strengthen resilience at one of the world’s leading banks. We’re seeking a highly organised and technically adept Technology Escrow Specialist to support a strategic uplift programme aimed at assessing, redefining, and fortifying the Third Party Technology Escrow framework. This is a critical role ensuring the most vital third-party software services – from on-premise applications to SaaS – are backed by robust, verifiable, and release-ready escrow arrangements, aligned with global regulatory and internal standards. ________________________________________ Key Responsibilities: • Conduct an ‘As Is’ assessment of existing escrow usage, with a focus on coverage of Important/Critical Services, frequency of deposits, and levels of validation. • Define new policy standards and guidance in collaboration with stakeholders across the first and second lines of defence. • Develop a comprehensive escrow framework addressing: o Service-type criteria for escrow relevance o Source code deposit requirements o Build and verification processes o Contractual considerations • Design a supporting operating model defining role-based escrow responsibilities. • Establish best-practice governance, reporting, and records management for escrow arrangements. • Drive remediation efforts to ensure critical third-party services are protected by effective escrow mechanisms. • Engage closely with Legal, Procurement, Technology, and external escrow providers to embed stronger controls. • Define and implement governance and oversight structures to maintain compliance and manage exceptions. ________________________________________ What You’ll Bring: Experience: • Strong track record in end-to-end software escrow management, including contract setup, source code verification, live scenario execution, and framework oversight. • Hands-on experience with source code deposit and build verification, including coordinating technical verifications with external agents. • In-depth understanding of the Third Party Management lifecycle and supplier risk dynamics. • Knowledge of key resilience regulations, such as PRA SS1/21 and DORA (EU Regulation 2022/2554). • Background in Third Party Risk and Resilience, with experience in cybersecurity, business continuity, and exit strategies. • Familiarity with Supplier Relationship Management (SRM) best practices. Skills: • Analytical thinker with the ability to convert complex data and requirements into clear, actionable plans. • Self-starter who can independently drive results and manage competing priorities. • Strong stakeholder management, communication, and influencing skills. ________________________________________ Contract Details: • Start: ASAP • Duration: Until end of November 2025 (with potential for extension) • Location: London-based, up to 3 days/week in the office

Location: London, UK, GB

Posted Date: 7/31/2025