Transamerica
Overview
Responsible for working with the Functional Business Area (FBA) and key subject matter experts to manage the risk exposure from engaging third party service providers to deliver products and services to Transamerica, Aegon, and affiliates. This includes the identification, analysis, reporting, and control of risks that are posed by these relationships throughout the third party life cycle to ensure compliance with internal policies and controls, laws, and regulations. Support the development, deployment, and execution of the third party risk management framework. Responsibilities
Ensure risk is being managed for assigned FBA portfolio throughout third party life cycle (planning, due diligence, contract, transition, on-going monitoring, and exit). Work closely with FBA senior managers and managers to ensure awareness and understanding of third party risk program requirements and associated risk within their portfolios. Develop partnerships with stakeholders across Transamerica, Aegon and affiliates. Share best practices to improve processes and gain efficiencies. Coordinate with FBA, third party provider and designated subject matter experts (SME) to develop and facilitate risk management strategy; execute third party control risk assessment to identify control weaknesses. Ensure remediation action plans are properly documented, and monitor action plans through resolution. Escalate to appropriate third party risk management as appropriate. Ensure required risk management activities and control weaknesses are remediated prior to contract execution with third party provider or appropriate risk acceptance is documented and approved by FBA senior management. Ensure appropriate systems are updated, remediation action plans to address control weaknesses are documents and approved by appropriate stakeholders. Act as a SME to educate the FBA on program requirements. Lead the development of performance management scorecards and monitor results, and other key risk management artifacts such as exit strategies. Keep up-to-date on industry best practices to support continuous process improvement. Provide training to FBA business owners of relationships. Provide portfolio and risk analysis to third party risk management. Monitor and report industry trends for emerging risks. Ensure systems/databases are updated with business intelligence required to manage, report, and mitigate risks. Qualifications
Bachelor’s degree in business, finance or related field, or equivalent experience Five years of experience in third party risk management, operational risk, or compliance Thorough understanding in process management and control environments Strong analytical skills to support assessment of risk and appropriate course of action Written/oral communication skills to present information to FBA groups, SMEs, and third party service providers related to risks and courses of action Organizational skills to prioritize risks and actions using a risk based approach Proficiency using MS Office Preferred Qualifications
Certified Third Party Risk Professional or International Association Outsourcing Professionals Certified Regulatory Vendor Program Manager or other recognized industry certification Visio, MS Project, Tableau, MS Access, AI (Copilot preferred) Experience with TPRM GRC tools like Process Unity Working Conditions
Office environment What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees. Compensation Benefits
Competitive Pay Bonus for Eligible Employees Benefits Package
Pension Plan 401k Match Employee Stock Purchase Plan Tuition Reimbursement Disability Insurance Medical Insurance Dental Insurance Vision Insurance Employee Discounts Career Training & Development Opportunities Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service Ten (10) paid holidays per year (typically mirroring NYSE holidays) Be Well Company holistic wellness program, including Wellness Coaching and Reward Dollars Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child Adoption Assistance Employee Assistance Program College Coach Program Back-Up Care Program PTO for Volunteer Hours Employee Matching Gifts Program Employee Resource Groups Inclusion and Diversity Programs Employee Recognition Program Referral Bonus Programs Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment with exceptional individuals. We’re recognized for our efforts through the Human Rights Campaign Corporate Equality Index and other lists, and offer Employee Resource Groups open to all employees to foster inclusivity. Giving Back
We created the Aegon Transamerica Foundation in 1994. The foundation supports nonprofit organizations focused on the communities where we live and work through grants and employee volunteer efforts.
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Responsible for working with the Functional Business Area (FBA) and key subject matter experts to manage the risk exposure from engaging third party service providers to deliver products and services to Transamerica, Aegon, and affiliates. This includes the identification, analysis, reporting, and control of risks that are posed by these relationships throughout the third party life cycle to ensure compliance with internal policies and controls, laws, and regulations. Support the development, deployment, and execution of the third party risk management framework. Responsibilities
Ensure risk is being managed for assigned FBA portfolio throughout third party life cycle (planning, due diligence, contract, transition, on-going monitoring, and exit). Work closely with FBA senior managers and managers to ensure awareness and understanding of third party risk program requirements and associated risk within their portfolios. Develop partnerships with stakeholders across Transamerica, Aegon and affiliates. Share best practices to improve processes and gain efficiencies. Coordinate with FBA, third party provider and designated subject matter experts (SME) to develop and facilitate risk management strategy; execute third party control risk assessment to identify control weaknesses. Ensure remediation action plans are properly documented, and monitor action plans through resolution. Escalate to appropriate third party risk management as appropriate. Ensure required risk management activities and control weaknesses are remediated prior to contract execution with third party provider or appropriate risk acceptance is documented and approved by FBA senior management. Ensure appropriate systems are updated, remediation action plans to address control weaknesses are documents and approved by appropriate stakeholders. Act as a SME to educate the FBA on program requirements. Lead the development of performance management scorecards and monitor results, and other key risk management artifacts such as exit strategies. Keep up-to-date on industry best practices to support continuous process improvement. Provide training to FBA business owners of relationships. Provide portfolio and risk analysis to third party risk management. Monitor and report industry trends for emerging risks. Ensure systems/databases are updated with business intelligence required to manage, report, and mitigate risks. Qualifications
Bachelor’s degree in business, finance or related field, or equivalent experience Five years of experience in third party risk management, operational risk, or compliance Thorough understanding in process management and control environments Strong analytical skills to support assessment of risk and appropriate course of action Written/oral communication skills to present information to FBA groups, SMEs, and third party service providers related to risks and courses of action Organizational skills to prioritize risks and actions using a risk based approach Proficiency using MS Office Preferred Qualifications
Certified Third Party Risk Professional or International Association Outsourcing Professionals Certified Regulatory Vendor Program Manager or other recognized industry certification Visio, MS Project, Tableau, MS Access, AI (Copilot preferred) Experience with TPRM GRC tools like Process Unity Working Conditions
Office environment What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees. Compensation Benefits
Competitive Pay Bonus for Eligible Employees Benefits Package
Pension Plan 401k Match Employee Stock Purchase Plan Tuition Reimbursement Disability Insurance Medical Insurance Dental Insurance Vision Insurance Employee Discounts Career Training & Development Opportunities Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service Ten (10) paid holidays per year (typically mirroring NYSE holidays) Be Well Company holistic wellness program, including Wellness Coaching and Reward Dollars Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child Adoption Assistance Employee Assistance Program College Coach Program Back-Up Care Program PTO for Volunteer Hours Employee Matching Gifts Program Employee Resource Groups Inclusion and Diversity Programs Employee Recognition Program Referral Bonus Programs Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment with exceptional individuals. We’re recognized for our efforts through the Human Rights Campaign Corporate Equality Index and other lists, and offer Employee Resource Groups open to all employees to foster inclusivity. Giving Back
We created the Aegon Transamerica Foundation in 1994. The foundation supports nonprofit organizations focused on the communities where we live and work through grants and employee volunteer efforts.
#J-18808-Ljbffr