This role will be responsible for analyzing vendor risk for all regions. This role will partner with other risk departments (InfoSec, Compliance, Risk, Security, etc) to document and track risk requirements. They will create risk registries, track risk acceptance criteria and analyze broad risk areas. This role will also support implementing a tool to track risk compliance and store risk artifacts (COI, SOC1, SOC2, etc.).
Primary Job Responsibilities
Risk Requirement Compliance (40%)
· Work with risk departments to document risk requirements and method for tracking compliance to those requirements
· Document region-specific risk requirements with countries and work with enterprise owner to build into the larger model
· Develop risk ranking/scoring methodology
· Support creation of risk acceptance approval process by department and develop a process to report exception to senior leadership
· Analyze broad vendor risk portfolio to spot trends and suggest remediation opportunities.
Vendor Due Diligence (30%)
· Support creation of new pre-contract vendor due diligence process with Sourcing
· Manage new due diligence services for the enterprise:
· Financial Health Checks
· Credit Checks
· OFAC Checks
· Support development of post-contract checkup and audit process for high-risk vendors
Tool Development and Management Reporting (20%)
· Support the selection and implementation of a new vendor risk tool
· Support process to incorporate data (risk compliance, risk scores, etc.) from risk departments into central tool
· Design risk scoring methodology to identify highest risk vendors and support management reporting to Risk Mgt, MCOM and the Board as needed
· Design management reporting capabilities to risk departments
Required Experience, Skills, and Knowledge
- 4 years of progressive financial analysis, reconciliation and research experience required
- 4 years of experience in data mining, database management and reporting.
- 4 years of experience with programs and databases such as BI Reporting, ServiceNow, Monday.com
- Strong analytical and critical thinking skills.
- Proficiency in Microsoft Office applications, especially Excel.
- Excellent communication and interpersonal skills.
- Knowledge of regulatory requirements and risk management frameworks is beneficial.
- Ability to manage multiple tasks and prioritize effectively.
At Assurant, we celebrate the differences that make us who we are. By assembling extraordinary teams from a variety of races, religions, sexual orientations, gender identities, ages, experiences, and abilities, we’re able to better reflect the global communities where we live and work. By working to remove barriers, we ensure equity for everyone. The pursuit of inclusion rests with each of us. Because it’s only by listening to and representing the unique voices of every individual that we can innovate for all.
For further information about Assurant, please visit our website: https://www.assurant.com/
Any posted pay range considers a wide range of compensation factors, including candidate background, experience, and work location, while also allowing for salary growth within the position.
Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.
For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.
What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 13 countries and awarded the Fortune America’s Most Innovative Companies recognition in 2023, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.
Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.
Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.
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