Third-Party Risk Management Specialist - St Paul, United States - Russell Tobin

    Russell Tobin
    Russell Tobin St Paul, United States

    1 month ago

    Russell Tobin background
    Description
    *Third-Party Risk Management Specialist

    *Details*:

    $35-48/hr DOE
    *Location*: Downtown Saint Paul, MN | *Hybrid*: 2 days on site/week

    W2 Contract Duration:
    Contract through Oct 2024 (Possible extension / FTE)


    Responsibilities:

    • Collaborate with stakeholders to develop, document, and implement a comprehensive, risk-based approach to third-party risk management.
    • Conduct new and periodic third-party risk assessments, ensuring thorough understanding and quantification of associated risks.
    • Identify and communicate third-party risks to relevant stakeholders and participate in special projects and assessments.
    • Ensure compliance with relevant regulations and industry standards while promoting TPRM education and awareness throughout the enterprise.
    • Partner with Sales, Account Managers, Compliance, and SMEs to complete client due diligence requests and questionnaires.
    • Participate in client due diligence onsite visits and develop a comprehensive and consistent approach to due diligence response.
    • Monitor confidentiality and distribution of Securian documentation regularly requested during client due diligence.
    • Interpret, author, and maintain TPRM policies, processes, and procedures in collaboration with the TPRM team.
    • Drive workflows, policies, and procedures for risk assessments in partnership with internal Subject Matter Experts.
    • Ensure communication of changes to established policies and procedures to relevant parties and assist with internal and external audits as needed.

    Qualifications:

    • 5+ years of TPRM, legal, and/or equivalent experience (Compliance, Fraud, Business, etc.)
    • Knowledge and application of third-party risk concepts, TPRM best practices, and related professional practices
    • Ability to lead and facilitate meetings with stakeholders solving complex risk issues, risk quantification, identifying leading metrics and controls
    • Experience applying risk methodologies and concepts to situations in the insurance or financial services industry
    • Strong organizational and project management skills, including the ability to handle multiple projects and prioritize many concurrent tasks
    • Excellent communication skills (verbal and written) to work effectively, establish credibility and influence at all levels
    • Strong analytical abilities and critical thinking
    • Knowledge of risk quantification, risk reporting solutions, and ability to perform advanced reporting and data analysis highly preferred
    • CTPRP and/or other comparable third-party risk management certifications (or desire to pursue such certifications)
    • Financial services and/or insurance industry experience


    Pride Global offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.

    #E2EMN


    Job Types:
    Full-time, Contract


    Pay:
    $ $48.00 per hour


    Benefits:

    • 401(k)
    • Dental insurance
    • Health insurance
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Day shift
    • Monday to Friday

    Experience:

    • Third-
    Party Risk Management: 5 years (Required)


    License/Certification:

    • CTPRP (Preferred)

    Ability to Commute:

    • Saint Paul, MN Required)

    Work Location:
    Hybrid remote in Saint Paul, MN 55101