Transamerica · 2 weeks ago
Senior Third Party Risk Manager
Cedar Rapids, IA
Full-time
Onsite
Mid, Senior Level
$85K/yr - $100K/yr
5+ years expTransamerica is a financial services company that provides insurance, retirement, and investment solutions to help people achieve financial freedom. The Senior Third Party Risk Manager is responsible for managing risk exposure from third party service providers, ensuring compliance with internal policies, and supporting the development of the third party risk management framework.
Financial ServicesImpact InvestingInsurance
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
Qualification
Required
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
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
Benefits
Competitive Pay
Bonus for Eligible Employees
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes 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
Company
Transamerica
Transamerica is a private holding company that provides services for various life insurance companies and investment firms. It is a sub-organization of Aegon.
5001-10000 employees
Funding
Current Stage
Late StageTotal Funding
unknown1999-02-19Acquired
Leadership Team
Will Fuller
Chief Executive Officer
Andrew Yorks
Chief Investment Officer
Recent News
2025-12-21
Company data provided by crunchbase