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Third Party Risk Associate

Req Id:  2856
Job Location: 

Charlotte, NC, US, 28277

Brighthouse Financial is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S., we specialize in products designed to help people protect what they’ve earned and ensure it lasts. We are built on a foundation of experience and knowledge, which allows us to keep our promises and provide the value they deserve.

 

At Brighthouse Financial, we’re fostering a culture where diverse backgrounds and experiences are celebrated, and different ideas are heard and respected. We believe that by creating an inclusive workplace, we’re better able to attract and retain our talent, provide valuable solutions that meet the needs of our advisors and their clients, and deliver on our mission of helping more people achieve financial security. We’re seeking passionate, high-performing team member to join us. Sound like you? Read on. 

 

How This Role Contributes to Brighthouse Financial:

Perform Third Party Risk Management duties through cooperative effort with Third Parties, Business Partners, Risk

Partners, and the Procurement Team. This position reports to the Director of Third Party Risk Management.

 

Key Responsibilities: 

  • Serve as point of contact for third party risk oversight activities
  • Collaborate with assigned internal business partners to evaluate risks related to certain third-party service

             providers, as part of the company’s overall Third Party Risk Management Program   

  • Develop high quality supplier risk management solutions to support achievement of business unit objectives
  • Engage with Procurement, Risk Partners and Supplier Managers to develop criteria for monitoring suppliers’ risk and performance effectiveness
  • Implement the Third-Party Risk Methodology and provide training/guidance to Procurement, Business Partners, Supplier Managers and Suppliers
  • Coordinate and manage Third Party risk assessments on set schedules and ensure appropriate remediation activities
  • Organize, facilitate and lead risk review meetings between Third Parties, Risk Partners, Procurement and Business Supplier Managers

 

Essential Business Experience and Technical Skills:

  • Bachelor’s Degree preferred
  • 3 to 5 + years of professional experience in Procurement and/or Supply Chain Management
  • Solid understanding of the regulatory and business environment around third party risk and procurement systems
  • Effective interpersonal and communication skills
  • Demonstrated ability to work in diverse, team environment adhering to the highest ethical standards
  • Broad working knowledge of supplier risk management best practices
  • Above average knowledge of vendor contracts and risk constructs
  • Excellent working knowledge of supplier SLAs, KPIs, and risk management techniques
  • Understanding and commitment to the continuous business improvement process
  • Understanding of the business needs and requirements for procured goods and services
  • Experience with GRC technology solutions including GEP SMART and/or IBM Open Pages is helpful

 

Our Benefits:

  • Time Off: Minimum of 20 days of paid time off and 13 paid company holidays per full calendar year, plus paid volunteer time
  • Financial Benefits: 401(k) savings plan with up to a 6% annual match and 3% annual company nondiscretionary contribution of eligible compensation, annual incentive plan, and employee stock purchase plan
  • Family Focus: Up to 16 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, and adoption and surrogacy assistance
  • Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with potential company contributions up to $1,000 per family
  • Wellness Programs: Wellness incentive platform, employee assistance program, financial counseling services, fitness center discounts and more
  • Life & Disability Benefits: Company-paid basic life insurance and short-term disability

 

Travel:

Up to 10%

 

Number of Openings:

1