Director, Global Third Party Risk Management

Pay Philosophy

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications, and location.

The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role.

Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and / or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Are you the right applicant for this opportunity Find out by reading through the role overview below.

Description

Liberty Mutual (LM) has an excellent opportunity for an experienced Third Party Risk Management professional as the Director, Global TPRM.

This role provides TPRM Office leadership for the current Third Party Risk Program in the US and leads the efforts to include Global regulatory requirements for all Liberty Mutual international locations.

In this role, you will support the TPRM Governance structure with regular cadence report outs to Steering and Operating Committees.

You will also work with the risk teams supporting each of the required risk assessment processes, as well as Regional Risk and Compliance Officers to ensure the program advances to meet Enterprise goals.

Additionally, you will oversee day-to-day activities and development of assigned TPRM Office staff and will be responsible for all TPRM System advancements, process metrics / SLA’s.

About the role :

• Manages a team conducting all levels of analysis under varying levels of supervision and direction.
• Provides support for Regulatory reviews of LM’s TP risk review program.
• Identifies the need for and drives the development of new tools and processes within the department.
• Leads ongoing monitoring of key metrics and programs to drive key metrics and owns global processes.
• Focuses analyst resources on value-added analysis, including audits, regulatory monitoring, etc.
• Provides summaries of TPRM compliance status to Management, TPRM Operating Committee, TPRM Steering Committee, and other Sr. leadership.
• May lead the implementation of highly complex global projects utilizing vendor products and services.
• Monitors new and changing Global regulations to assess impact on TPRM program.
• Implements process and system changes as required for compliance in order to mitigate risk for LM in use of Third Parties globally.

Qualifications

• Bachelor's degree in business, economics, or other quantitative field.
• Minimum 7 years, typically 10 years relevant work experience. Master’s degree beneficial.
• Experience with leading a Global TPRM program in the financial services industry is preferred.
• Proficient in Excel, PowerPoint, and data analysis software (e.g., SAS, Access).
• Must have good planning, organizational, analytical, decision-making and communication skills.
• Experience directly managing others required.
• Excellent analytic, qualitative / quantitative and problem-solving skills with proven ability to make and execute data-driven decisions.
• Solid knowledge of underwriting rules and guidelines, and insurance laws and regulations required.
• Excellent talent management, project management, process improvement, negotiation, written and oral communication, presentation, analytical and management skills also required.
• Ability to influence Senior Management.
• Strong understanding of potential impact to other departments such as Risk teams, Claims, Stats, IT, Legal, and Sales based on actions taken is required.

About Us

This position may have in-office requirements depending on candidate location.

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust, and respect.

Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work US for the past several years.

We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity.

To learn more about our commitment to diversity and inclusion please visit : https : / / jobs.libertymutualgroup.com / diversity-inclusion.

We value your hard work, integrity, and commitment to make things better, and we put people first by offering you benefits that support your life and well-being.

To learn more about our benefit offerings please visit : https : / / LMI.co / Benefits.

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices

• California
• San Francisco
• Los Angeles
• Philadelphia

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