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Third Party Risk Manager
Third Party Risk ManagerAcrisure LLC • Austin, TX, United States
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Third Party Risk Manager

Third Party Risk Manager

Acrisure LLC • Austin, TX, United States
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Overview

Job Title : Manager, Third Party Risk Manager

Department : Office of Enterprise Risk Management

Reports To : Head of Operational Risk Management

Acrisure is a fintech financial services company and a leading insurance broker. The company seeks motivated, organized, and positive employees to join the team. The position requires strategic and tactical problem resolution skills and reports to the Head of Operational Risk.

Essential Duties and Responsibilities

  • Design and implement a best-in-class third-party risk management framework, including vendor identification, evaluation and selection, risk assessment, risk decision, contracting and procurement, and reporting and record-keeping.
  • Own the third-party lifecycle process, including onboarding, risk tiering, contract reviews, ongoing monitoring, and exit strategies.
  • Partner with first-line teams to provide guidance and oversight in assessing third parties, embedding good risk practices, identifying risks, and recommending controls.
  • Manage third-party risk incidents and issues that occur.
  • Support the development and implementation of a third-party risk policy, standards, procedures, training materials, key risk indicators, key performance indicators, and appetite statements.
  • Conduct in-depth reviews of business areas and report on third-party risk matters to oversight committees and stakeholders.
  • Analyze business processes to evaluate the effectiveness of third-party controls.
  • Lead and document due diligence processes (e.g., questionnaires, risk reviews).
  • Promote development of educational guidance and resources.
  • Ensure quality standards in the development and maintenance of program documentation.
  • Collaborate with legal and compliance teams to address regulatory requirements.
  • Act as a liaison with regulatory bodies, auditors, and external stakeholders regarding risk management practices and compliance matters.
  • Identify, track, and escalate vendor-related incidents or issues; manage risk remediation plans.

Qualifications and Competencies

  • Working knowledge of commercial insurance preferred.
  • Minimum of 7-10 years of experience in third-party risk management, vendor governance, or enterprise risk.
  • Bachelor's or advanced degree in a relevant field (e.g., Risk Management, Business Administration).
  • Sufficient breadth and depth of Third-Party Risk Management experience to make critical assessments and sound business decisions.
  • Strong knowledge of relevant regulations and industry standards.
  • Excellent leadership and team management skills.
  • Effective communication and interpersonal skills.
  • Ability to build dashboards, executive reports, and board-level summaries.
  • Comfortable presenting KRI / KPIs, risk heatmaps, and issue trends.
  • Technology Skills

  • Proficiency in Microsoft Office applications (Word, Excel, PowerPoint, Outlook).
  • Experience with third-party assessment platforms (e.g., OneTrust, AuditBoard).
  • GRC implementation experience.
  • Other Qualifications

  • Ability to contribute to a collaborative environment through teamwork and high motivation.
  • Self-motivated and driven with a sense of urgency to meet deadlines.
  • Flexible and adaptable to shifting priorities.
  • Excellent time management, attention to detail, and ability to handle sensitive information.
  • Professional demeanor and positive attitude.
  • Experience designing and implementing corporate-wide risk management systems and reporting.
  • Excellent verbal and written communication skills with all levels of management.
  • Identify, assess, and prioritize operational risks and provide insights.
  • Physical Demands

    High finger dexterity for typing; occasional lifting up to 20 lbs.

    Work Environment

    Office environment with typical corporate facilities; on-site presence may be required for collaboration and leadership.

    Benefits and Perks

  • Competitive compensation
  • Generous vacation policy, paid holidays, and paid sick time
  • Medical, Dental, and Vision Insurance (employee-paid)
  • Company-paid Short-Term and Long-Term Disability Insurance
  • Company-paid Group Life insurance
  • Employee Assistance Program (EAP) and Calm App subscription
  • Pet Insurance and optional supplemental insurance
  • Vested 401(k) with company match and financial wellness programs
  • Flexible Spending Account (FSA), Health Savings Account (HSA) and commuter benefits
  • Paid maternity leave, paid paternity leave, and fertility benefits
  • Career growth and learning opportunities
  • And more
  • Equal Opportunity Employer statement : Acrisure recruits, hires, trains, promotes, and compensates individuals based on job-related qualifications and abilities. We are committed to a diverse workforce and an inclusive environment, and we comply with applicable laws regarding accommodations for disabilities or religious beliefs. If you need an accommodation or assistance with the application process, please email leaves@.

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    Manager Third Party Risk • Austin, TX, United States

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