Director, Third Party Risk Management
Ensure the third party risk management (TPRM) program aligns with internal Aegon policy, the IT control framework, and external regulatory requirements.
Work closely with global and Transamerica (TA) subject matter experts to identify and quantify risks, report, mitigate, remediate or accept the risk posed by engaging third parties to provide products and services to the organization.
Manage the end-to-end oversight process to ensure the health of the (900+) third party portfolio.
Serve as the subject matter expert on complex risk issues and act as a business partner with departments that support and TPRM process such as Information Security, Third Party Control Management, Model Risk, Compliance, Finance, etc.
Ensure accuracy of business intelligence data and perform data analytics, including KRI and KPI reporting.
Produce executive level quarterly reports and regulatory reporting packets to include but not limited to the TPRM Risk Committee, Americas Operations (AORC), Americas Management Board and Global Procurement Advisory Board.
Provide education to TPRM teams and business management to understand and comply with program standards.
Share best practices with Global GPAC members.
Bachelor’s degree in business or finance, or equivalent experience in risk management or compliance
Ten years of experience in third party risk end-to-end life cycle management (e.g. third party oversight, onboarding, audit and controls)
Six years of management experience
Knowledge of the insurance and financial services industry
Broad understanding of information security, data security, risk management and compliance related to third party risk
Analytical skills to support assessment of risk and appropriate course of action
Expertise in process management and control environments to analyze whether appropriate controls are in place
Communication and presentation skills to provide information/education to functional business areas, subject matters experts and third party service providers on risks and courses of actions
Ability to manage competing priorities and deliverables required to use effective risk based approach and prioritize highest risks and actions required first.
MS Office (Excel, Access, Word, PowerPoint), Visio, MS Project
Risk management or compliance experience within the insurance or financial services industry
IAOP - OR - Certified Third Party Risk Management Professional (CTPRP) - OR - Certified Regulatory Vendor Program Manager (CRVPM)
Hybrid employees will need to work at a Company office location at times and a remote work location (typically their home) at times. - OR - Non-commuting Remote employees will not be assigned to report to a Company office location (although they may need to travel to a Company office upon request) and will perform their work remotely.
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The Salary for this position generally ranges between $$115,000-$153,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company discretion.