Third Party Risk Associate

at Global Atlantic Financial Group
Boston, Massachusetts, United States

**We are still hiring and interviewing for this position. We are conducting interviews over video. Our employees can voluntarily return to our office, some positions may be required to be in office (we will share that at the interview) and for most roles, we are fully supporting remote work through July 2021.*** 

COMPANY OVERVIEW

Global Atlantic is one of the fastest growing companies in the Life and Annuity industry. We are focused on the U.S. retirement and life insurance markets with a broad range of annuities and life insurance options, as well as reinsurance solutions. Our success is driven by competitive, innovative product designs, leading investment management and integrated risk management, along with highly experienced leadership.

Global Atlantic is looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us. 

In February 2021, KKR & Co. acquired a majority stake in Global Atlantic in a strategic transaction.  Additional information can be found in our press release.  

POSITION OVERVIEW

The Third Party Risk Associate will join Global Atlantic’s Finance Management & Strategy Team. This role will collaborate with various stakeholders and business partners, as well as, oversee our Third Party Service Providers to help establish risk appetite and framework, develop management reporting material and drive success with developing and executing strategic processes. Specific responsibilities include:

  • Define risk appetite and refine risk-rating algorithm
  • Update policies covering risk areas
  • Define target state for distribution of risk ratings
  • Design model for risk acceptance
  • Manage emerging TPSP risks to ensure framework remains current
  • Develop management reporting materials for senior stakeholders and Risk Committee
  • Develop and manage Monthly Top Risk dashboard
  • Lead Quarterly Risk Profile meeting with Business Owners, Quarterly reviews with Risk Stakeholder group and Annual/semi-annual Risk Committee presentations
  • Create education and training model for Internal Stakeholders
  • Define parameters for roles and responsibilities (eg, Relationship Owners, Business Owners, Risk Stakeholders)
  • Build model for standing meetings, working groups, review and oversight of work products and decision-making
  • Develop playbooks for incident management (and manage / update playbooks as needed)

 

QUALIFICATIONS & SKILLS:

  • Ability to develop strong narrative PowerPoint decks directly, translate data into compelling infographics and stories, and present to large and challenging senior audiences (ex, senior committees, c-suite members, board members)
  • Influence stakeholders and leaders across multiple functions
  • Bachelor’s degree in Finance, Economics, Accounting or a related field
  • Minimum 7+ years of experience, with 3+ years of experience in Third Party Risk. Experience in Financial Services is strongly preferred
  • Tableau or similar reporting and data analytics experience and ability to tell a story with data
  • Knowledge of how to establish KRI/KPIs, etc.
  • Excellent communication skills, ability to present and lead executive meetings in a clear, concise manner, with high attention to detail
  • Experience with regulatory / audit responses
  • Work building and enhancing processes and work products
  • Experience managing Third Party Risk issues (data breaches, service quality challenges, etc.)
  • Sharp analytical / quantitative and technical abilities; must be proficient in Excel and PowerPoint
  • Excellent partnership and relationship building skills, takes initiative
  • Can prioritize and execute tasks in a high pressure and fast-paced environment
  • Ability and willingness to travel (1-2 business trips per quarter as needed when we return back to the office)

#LI-JL1

#LI-REMOTE

TOTAL REWARDS STATEMENT  

Global Atlantic’s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We are proud to support your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs.

We are active in our communities-

  • New York: Red Hook Conservancy, Girls Who Invest and The Bowery Mission
  • Boston: Cradles to Crayons, Project Bread, Let’s Get Ready, Rise Against Hunger, Salvation Army and many other local volunteer organizations in around the Boston area
  • Hartford: Habitat for Humanity, Foodshare, Humane Society, Hands on Hartford, Mercy Shelter and Dog Star Rescue
  • Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
  • Batesville: American Cancer Society Relay for Life, Angels of Giving, Margaret Mary Health Foundation, Ripley County Community Foundation, Safe Passage, Batesville High School Sponsorships, local area youth sports and food pantries, as well as many others
  • Des Moines: United Way, Central Iowa Shelter & Services, Junior Achievement of Central Iowa and Make a Wish Foundation
  • Berwyn: Food drive and will be planning an event to help a local family over the holidays
  • Atlanta: Packaged Good Organization, which helps the most vulnerable community members with providing personalized care packages for people in need including the elderly, our armed forces, the homeless and hospitalized kids
  • Bermuda: Sponsor of a weekly feeding program operated by The Hamilton Seventh-Day Adventist Church

Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family.

Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws.  More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm.  All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status. 

Global Atlantic Financial Company Employee Candidate Privacy Notice

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Voluntary Inclusion Questions

We encourage qualified applicants from all backgrounds to apply.  As such, we are committed to achieving a diverse candidate pool for open positions and that our interview teams are made up of employees from different backgrounds.  Sharing your background with us will help us with that focus, although recruiters and hiring managers will not have the ability to see individual responses (only aggregate information).  

This information is not used to determine who is selected for interviews or will be hired, but is helpful in identifying resources, sites and groups which add value in increasing our applicant pool and ensures that we attract the best and most diverse workforce.  This is purely voluntary but will help our mission to be inclusive.  

 

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