Senior Third Party Risk Management Analyst

Reinsurance Group of America, Incorporated; Toronto; Hybrid; CAD 75,000 - 94,000; Full time

Job summary

Join a purpose-driven organization focused on innovative solutions in the reinsurance sector. This role offers the opportunity to engage with global stakeholders, develop comprehensive risk management frameworks, and enhance operational controls. As part of a Fortune 500 company, you will collaborate with a talented team dedicated to making financial protection accessible. Enjoy a welcoming environment that fosters individuality and encourages pioneering thought. If you're ready to make an impact in a dynamic industry, this position is for you.

Benefits

Annual Bonus Plan

Health Benefits

Retirement Plan

Flexible Work Environment

Qualifications

• 5+ years in third party risk management or related fields.
• Experience in risk assessments and controls monitoring.

Responsibilities

• Develop and execute third-party risk management activities.
• Review TPRM framework for regulatory alignment.
• Prepare internal and external risk reporting.

Skills

Risk and Control Assessment

Analytical Skills

Problem-Solving Skills

Communication Skills

Team Collaboration

Education

Bachelor's Degree

Job description

You desire impactful work.

You’re RGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

This role will be focused on developing and executing second line of defense activities related to Third Party Risk Management.

The successful candidate will have risk management experience, including developing, managing, overseeing, executing controls or control monitoring programs, either independently or with a small team.

Experience working with global stakeholders at multiple levels of the organization, clear-headed and rational thinking, and strong professional written and oral communications skills are essential.

• Assist in establishing and implementing global risk oversight by facilitating the establishment of globally aligned third-party risk management frameworks, policies and practices among global stakeholders and working to create a risk management-aware culture.
• Review that the established TPRM framework is aligned with appropriate regulatory requirements and escalate any associated issues.
• Assist with the implementation of globally aligned and consistent business operations controls, manuals, methodology, job aids, and tools across all business units.
• Assist in preparing internal and external reporting. Assist with the development and improvement of management reporting.
• Liaise with the risk and control owners on a regular basis. Facilitate and coordinate with all necessary stakeholders on the preparation of comprehensive yet concise reporting for all necessary risk committees, boards, and other stakeholders.
• Assist in facilitating the process to manage, monitor and report global business operations risks and controls. Provide for mechanisms to execute risk, compliance, and control assessment and self-assessment processes.
• Assist with appropriate and necessary risk-related communications and training to global risk stakeholders. Provide the necessary training and communications required for relevant risk and compliance stakeholders and roles.

EDUCATION AND EXPERIENCE

Required:

• Bachelor’s degree or equivalent experience
• 5+ years of experience in third party risk management, enterprise risk management, operational risk management, audit, or related risk fields
• 3+ years of experience performing Third-party risk assessments

Preferred:

• Experience planning and executing controls monitoring, control testing, process improvement, process monitoring, or related activities
• Experience evaluating risks within the context of the business activity and advising the business on risks and controls
• Knowledge of RGA’s internal structure and business operations
• Knowledge of the insurance / reinsurance industry

SKILLS AND ABILITIES

Required:

• Strong understanding of the risk and control assessment process
• Ability to quickly learn and understand the business of RGA
• Demonstrates good judgment and ability to prioritize issues from a risk perspective
• Ability to communicate professionally with stakeholders at multiples levels across the organization
• Advanced investigative, analytical, and problem-solving skills
• Ability to work well within a team environment and participate in department/team projects

Preferred:

• General understanding of operational risks

Compensation Range:

$75,000.00 - $93,750.00 Annual

#LI-MJ1 #LI-Hybrid

What you can expect from RGA:

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.

• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.

• Join the bright and creative minds of RGA, and experience vast, endless career potential.

Compensation Range:

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.