Job Listings

Senior Vendor Risk Analyst (Hybrid)

3700 S. Stonebridge Dr., McKinney, Texas
Job number: 15673

Job Description:

Senior Vendor Risk Analyst (Hybrid)

Primary Duties & Responsibilities

The Senior Vendor Risk Analyst role will report to the Director of Globe Life’s Third-Party Management (TPM) program. The role will be responsible for partnering with internal business units and external suppliers to identify and monitor vendor risks, perform risk assessments, review contractual agreements, and develop risk management programs. Additionally, this role will collaborate with Compliance, Legal and other Enterprise Risk Departments to aggregate all risks for the vendor – contractual, strategic, financial, reputational, regulatory, operational, etc.  

This is not an information security role. This role is ideal for an analyst who has worked with financial services risk. This role is ideal for a self-motivated individual leader that is passionate about process improvement and can act as a subject matter expert in vendor and compliance risk.  This is a hybrid position located in our corporate office in McKinney, Texas (WFH Monday & Friday, in office Tuesday-Thursday).

 

  • Design and conduct vendor risk assessments for initial due diligence and ongoing oversight of third-party services to identify risks and ensure compliance with laws and regulations.
  • Partner with Business Owners to ensure third parties are properly classified based on the inherent and residual risks.
  • Ensure third party data integrity and inventory management within the appropriate TPRM tool.
  • Develop and maintain high-quality risk assessment documentation covering findings, risk impact and ratings.
  • Collaborate with third parties and internal partners to mitigate and resolve third-party risks through corrective action plans.
  • Partner with internal risk groups to ensure that all risks affecting third parties are aggregated into a risk profile for the third party.
  • Develop and compile key risk metrics, reporting and dashboards improving senior management visibility into third party risks.
  • Develop a working knowledge of regulations governing and impacting Globe Life third-party relationships and ensure that the third parties adhere to applicable requirements and comply with laws and regulations and that the TPRM program addresses those regulatory requirements.
  • Drive process improvements to continuously mature the TPRM program.
  • Assist with the communication, training and roll out of new TPRM processes.
  • Manage and administer TPRM procedures, tools, and corresponding support materials.
  • Obtain the necessary training to keep current on the discipline of Third-Party Risk Management.

Required Skills

  • Knowledge of and experience in designing and operating third party risk management governance frameworks applicable to the financial services industry.
  • Experience in reading and assessing contractual agreements.
  • Knowledge of compliance and audit principles as they apply to designing and conducting risk assessments.
  • Detail oriented with strong analytical, problem solving, critical thinking and organization skills.
  • Ability to generate ideas for and support continuous improvement in the department.
  • Ability to independently manage and prioritize work; must be able to juggle multiple tasks, tight deadlines and changing priorities and will meet deliverables on time.
  • Excellent written and verbal communication skills.
  • Proficient PC skills, specifically with business-oriented applications such as Microsoft Office, and risk management tools.
  • Knowledge and understanding of financial service, insurance, or health care industry.

 

Applicable to all employees of Globe Life & Accident and its subsidiaries:

  • Reliable and predictable attendance of your assigned shift
  • Ability to work full time and/or part time based on the position specifications.

 

Required Knowledge & Experience

  • Bachelor’s degree in business, Risk Management, Accounting, or any other quantitative based degree
  • Knowledge of compliance or audit principles
  • 3 to 4 years of third-party vendor risk management experience

Location: 3700 S. Stonebridge Dr., McKinney, Texas

Savings and Investment Plan (401K) - Eligible employees may begin participating in the plan on the first day of employment.

Pension Plan - Eligible employees who complete one year of service with the Company become participants in the Pension.* (Not available to Cleveland Employees)

Medical - Benefits are available to all eligible employees and qualified dependents the first of the month following 30 days of continuous service.

Dental** and Vision - Eligible employees and qualified dependents are able to enroll the first of the month following 30 days of continuous service.

Flexible Spending Accounts (FSA) - Our FSA has two components, Health Care and Dependent Care Accounts. These accounts allow employees to set aside a portion of their earnings on a pre-tax basis to cover out-of-pocket medical and dependent care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service.

Health Savings Accounts (HSA) - A pre-tax Health Spending Account (HSA) is offered to those who enroll in the High Deductible Plan. It allows you to pay for health care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service. Company contributes to HSA.

Short-Term Disability - Eligible employees may be entitled to salary continuance during periods of temporary disability. Benefits are based on employee status and years of service.*

Group Life and Long-Term Disability** - Eligible employees may elect life insurance and long-term disability coverage the first of the month following 30 days of continuous service.

Vacation and Paid Holidays - Employees are eligible for vacation upon the completion of six months of employment. In addition, the Company offers eight paid holidays.

Education Assistance - The Company supports employees who wish to continue their education to secure increased responsibility and growth within their professional careers. We offer a reimbursement program for expenses incurred through approved institutions of learning. In addition, Fellow, Life Management Institute (FLMI) and International Claim Association (ICA) program courses are offered after the completion of six months of services at no cost to the employee.

Fitness Reimbursement - Eligible employees are able to receive up to 100% reimbursement for monthly dues (employee only).

Supplemental Plans** - Cancer, Heart/Stroke, Accident.

*Please note, some benefits may vary by subsidiary. Please be sure to clarify with the Human Resources Department.
**Company paid benefit

Do I have to apply for every job that I am interested in? - Yes. Though our Talent Acquisition Team searches our database for qualified candidates, the only way to ensure that we know what position is of interest to you is if you apply for it directly.

Now that I've applied, what happens? - You will receive an immediate response from our system. Someone from our Talent Acquisition Team will review your qualifications and skills. If you're a good fit, we'll contact you to conduct an initial interview by phone, followed by assessment testing and an in person interview(s).

How do I get the contact information of the hiring manager for the job I am interested in? - It is our policy not to give contact information to external applicants. If, after you apply, it is determined that your skills and qualifications match our hiring needs, you will be contacted directly for an interview by someone on our Talent Acquisition Team.

I've been interviewed, what's next? - If selected, we'll extend a conditional offer. Then, pending a successful background check and drug screen, we'll confirm a start date.

The Whole Globe

Globe Not only is it in our name, it’s in our hearts. Our Company thrives off of diversity and has created a culture focused on inclusivity. These two components are the pillars of our foundation and the guiding principles that build our employees and leaders.

No Ceiling

SmileThe insurance industry may be traditional, but Globe Life has been, is, and always will be dedicated to building an inclusive, sustainable, and inspiring environment that does not have a ceiling on growth.