Senior Third Party Risk Manager

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

• 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.
• 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
• 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 UnityThe Salary for this position generally ranges between $85,000 - $100,000 annually.
• Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including
• qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs.
• 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 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 OpportunitiesHealth and Work / Life Balance Benefits We believe our responsibilities extend beyond our corporate walls. That's why we created the acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.\
• It offers investment, protection, and retirement solutions, always with a clear purpose :

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