Business Operations Manager

Genworth; Stamford (CT); On-site; USD 92,000 - 152,000; Full time

Job summary

Genworth is seeking a Business Operations Manager to oversee vendor relationships and manage multi-million dollar contracts. The ideal candidate will possess extensive experience in finance and operations, demonstrating strong organizational and problem-solving skills. This role offers the opportunity to work closely with senior management while enhancing operational efficiencies.

Benefits

Competitive Compensation & Total Rewards Incentives

Comprehensive Healthcare Coverage

401(k) Savings Plan Options

Generous Paid Time Off including Paid Family Leave

Tuition Reimbursement and Student Loan Repayment

Wellness Support including gym membership reimbursement

Qualifications

• 5+ years of operations/finance/vendor and project management experience, preferably in Investment Operations.
• Intermediate to advanced skills in Excel and project management tools.
• Experience in identifying process gaps and developing action plans.

Responsibilities

• Manage vendors’ contractual obligations to ensure performance.
• Reconcile and process vendor invoices and resolve expense issues.
• Collaborate with Investment teams to improve contracts processes.

Skills

Organizational

Problem-Solving

Communication

Project Management

Attention to Detail

Education

BA/BS degree in business, analytical, or technical discipline

Tools

Excel

PowerPoint

Visio

Blackrock Aladdin

PowerBI

SharePoint

Job description

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day.

We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.

Our four values guide our strategy, our decisions, and our interactions:

• Make it human. We care about the people that make up our customers, colleagues, and communities.
• Make it about others. We do what's best for our customers and collaborate to drive progress.
• Make it happen. We work with intention toward a common purpose and forge ways forward together.
• Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

POSITION TITLE

Business Operations Manager

POSITION LOCATION

Stamford, CT

YOUR ROLE

The Business Operations Manager will work closely with the Expense and Supplier Relationship Director. This position will manage Blackrock, and most ratings, research, pricing and data contracts’ initiatives that are over $9M including documenting and evaluating key performance indicators. In addition, this position will be responsible for reconciling and processing invoices, maintaining and automating expense processes and managing small projects.

What you will be doing

• Maintain strong partnerships with ratings, research, pricing and data vendors through regular communication and feedback
• Manage vendors’ contractual obligations and ensure suppliers meet key performance indicators to support performance and contract reviews
• Conduct regular risk assessments and business reviews, assist with vendor selection and onboarding
• Be the point of contact to manage suppliers’ delivery issues and maintain and share knowledge of contractual obligations
• Reconcile and process vendor invoices and research and resolve expense issues
• Collaborate with Investment teams to create and maintain contracts process maps and improve processes
• Partner with Expense & Supplier Relationship Director to evaluate and automate key performance indicators, expense management reports and processes
• Prioritize and manage Investment business initiatives, including operational readiness
• Manage project scope, cost, risk, quality, people and timelines for assigned projects

What you bring

• BA/BS degree, preferably in a business, analytical, or technical discipline
• 5+ years operations/finance/vendor and/or project management experience, preferably in Investments Operations or Financial Services
• Intermediate to advanced Excel and Projects skills
• Experience with identifying process and operational gaps and developing mitigating controls and action plans
• Strong organizational, problem-solving and issue resolution skills
• Ability to manage multiple tasks, processes and projects
• Able to absorb information across a broad spectrum of Investment systems and asset classes
• Collaborative team player, able to communicate clearly and interact with different levels of the organization
• Able to provide high level of attention to detail
• A self-starter who can initiate and drive tasks to completion and with strong ability to determine proper priorities
• Ability to deal with ambiguity and solve complex problems
  

Nice to have

• Intermediate to Advanced PowerPoint and Visio
• Knowledge of Blackrock Aladdin, PowerBI and/or SharePoint

Employee Benefits & Well-Being

Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.

• Competitive Compensation & Total Rewards Incentives
• Comprehensive Healthcare Coverage
• Multiple 401(k) Savings Plan Options
• Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
• Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
• Disability, Life, and Long Term Care Insurance
• Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
• Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
• Caregiver and Mental Health Support Services

ADDITIONAL

• At this time, Genworth will not sponsor a new applicant for employment authorization for this position

For the State of New York: The base salary pay range for this role starts at a minimum rate of $92,100 up to the maximum of $152,000. In addition to your base salary, you will also be eligible to participate in an incentive plan. The incentive plan is based on performance and the target earning opportunity is 10% of your base compensation. The final determination on base pay for this position will be based on multiple factors at the time of this job posting including but not limited to geographic location, experience, and qualifications to ensure pay equity within the organization.

About the company

Genworth Financial is an S&P 400 insurance company.

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