Senior Third-Party Risk Management Lead

US001 CMFG Life Insurance Company; Madison (WI); On-site; USD 93,000 - 140,000; Full time

Job summary

TruStage is seeking a seasoned Third Party Risk Management professional to lead daily risk operations, perform due diligence on high-visibility vendors, and mentor team members. You will partner with business, risk, and program stakeholders to strengthen risk governance and drive scalable outcomes in a dynamic financial services environment.

The role emphasizes coaching, policy development, and using data insights to inform leadership decisions.

Qualifications

• Bachelor’s degree in business, risk management, information technology, or related field, or equivalent work experience.
• 5+ years of progressive experience supporting Third Party Risk Management process improvement, technology enablement, data quality, reporting, or program transformation initiatives.
• Experience applying Third Party Risk Management practices such as risk identification, tiering, due diligence, risk assessment, monitoring, reporting, and stakeholder coordination.
• Ability to coach, guide, and share knowledge with less experienced team members.
• Excellent analytical, problem-solving, and decision-making skills with the ability to leverage data and portfolio insights to identify trends, monitor activity, and support decision-making.
• Experience building, enhancing, and using Third Party Risk Management technology platforms.
• Strong communication, facilitation, influencing, listening, and collaboration skills across stakeholder groups.
• Strong organizational and time management skills, with the ability to manage competing priorities and meet deadlines.
• Intellectually curious; able to research and find solutions independently.
• Action-oriented with a focus on execution and follow-through.
• Ability to apply an enterprise risk perspective when evaluating risk, options, and recommended actions.
• Project management experience preferred.
• Experience with process improvement preferred.

Responsibilities

• Lead, monitor, and execute daily Third Party Risk Management operations.
• Perform due diligence on complex, high-visibility third parties.
• Provide backup leadership support to the Third Party Risk Management Leader.
• Serve as a key resource to the Third Party Risk Management leader by providing thought partnership, operational support, backup leadership coverage, and support for complex issues.
• Build strong relationships and collaborate with business, risk and program stakeholders across the Third Party Risk Management ecosystem.
• Support, coach, and mentor emerging team members to build capability, consistency, and confidence in program execution.
• Lead complex Third-Party risk management initiatives, provide guidance and subject matter expertise to peers, and drive outcomes that support the function’s effectiveness, scalability and continued growth.
• Proactively identify, escalated, facilitate and track response activities that support effective management of third-party risks.
• Support the development of Third Party Risk Management policies, program materials, procedures, and internal resources.
• Evaluate Third Party Risk Management processes through the lens of effort, value, and enterprise risk to identify opportunities for simplification and improvement.
• Lead and support initiatives that improve processes, tools, technology, data quality, and program visibility.
• Work with third parties and key cross-functional stakeholders to ensure Third Party Risk Management activities are performed consistently across the portfolio and within agreed timelines.
• Conduct quality assurance reviews to promote accuracy, consistency, and adherence to Third Party Risk Management standards.
• Educate business, risk, and program stakeholders on roles, expectations, processes, and procedures.
• Promote strong stakeholder experience through responsive communication, effective support, and consistent execution.
• Leverage data, reporting, and portfolio insights to monitor Third Party Risk Management activity, identify trends, and support leadership decision-making.

Skills

Leadership

Stakeholder management

Problem solving

Communication

Analytical skills

Project management

Coaching

Education

Bachelor’s degree in business/risk management/IT

Tools

Third Party Risk Management platforms

Job description

TruStage is seeking a seasoned Third Party Risk Management professional to lead daily risk operations, perform due diligence on high-visibility vendors, and mentor team members. You will partner with business, risk, and program stakeholders to strengthen risk governance and drive scalable outcomes in a dynamic financial services environment.

The role emphasizes coaching, policy development, and using data insights to inform leadership decisions.