Analyst Third Party Risk at Empower Annuity Insurance Company of America

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

14 Feb, 26

Salary

0.0

Posted On

16 Nov, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Identification, Risk Management, Monitoring, Oversight, Communication, Organization, Collaboration, Data Analysis, Supplier Due Diligence, Contingency Planning, Problem Solving, Self-Starter, Results Oriented, Entrepreneurial Mindset, Third-Party Risk Culture

Industry

Financial Services

Description

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself. This role will evaluate, identify and capture, respond to and report on Third Party Risk information. This role drives collaboration measures with other 1st line of defense and 2nd line of defense stakeholders to monitor and assess the effectiveness of Third-Party risk and controls. The role reports into the AVP, Global Procurement & Third-Party Risk. ESSENTIAL FUNCTIONS: Collaborates with AVP on assigned initiatives related to capturing and reporting Third Party risks including but not limited to data regarding Supplier Risk and Control Assessment (RCA), Supplier Due Diligence Questionnaires (DD), Risk Markers, Supplier Contingency Planning. Working with Contract Owners to help analyze risk and control matters that are identified through Third-Party Risk Management processes. Identifying significant risks and helping to resolve through mitigation. Understanding of supporting due diligence documentation. i.e. SOC 1 / SOC 2 reports Assist and collaborate with Sr Analysts Third Party Risk in identifying, assessing, reporting and mitigating risk associated with third party engagements both aggregated and disaggregated. Reporting on contract / supplier incident resolution. Reporting on contract provisions acceptance. Utilize their expertise to provide guidance and coaching for effective Third-Party Risk oversight across the Canadian Business Units and support Global initiatives. QUALIFICATIONS: University Degree 1-3 years of experience Risk Identification and Measurement Risk Management, Monitoring and Oversight Adding value to the enterprise while operating efficiently and effectively Promoting a strong Third-Party Risk Culture Excellent written and verbal communication skills to prepare communications and interact effectively with senior levels of management. Able to balance program effectiveness and customer service. Very organized with the ability to manage multiple competing priorities under time pressure without compromising quality. Preference for operating in an entrepreneurial environment with proven ability to be effective in a fast-paced, ambiguous and changing environment. Self-starter, results oriented, and highly motivated. Strong relationship management and collaboration skills to work with and support members of the 1st and 2nd LOD, Third Party Contract Owners, and Global Procurement Leads Continuously contributing to the design and implementation of processes and or tools to improve third party risk identification, data quality and monitoring outputs. Demonstrated understanding of RCA, Supplier Due Diligence, KRIs, Scenario Analysis. Demonstrated ability to aggregate and analyze quantitative and qualitative data. This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job. The employer has the right to revise this job description at any time. You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description. You may be required perform other duties that are not included on this job description. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason. We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. Joining our talent community will allow you to stay connected via email and receive news and updates. Want the latest money news and views shaping how we live, work and play? Sign up for Empower’s free newsletter and check out The Currency. Remote and Hybrid Positions For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment will be provided. You may be required to work in the office if you do not have an adequate homework environment and the required internet connection. Follow Empower Facebook, LinkedIn, X, Instagram, & Glassdoor

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Responsibilities

This role evaluates, identifies, captures, responds to, and reports on Third Party Risk information. It drives collaboration with stakeholders to monitor and assess the effectiveness of Third-Party risk and controls.